TITAN NO. 1 LTD
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Next accounts due
2026-12-30 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-10-18 (in 5mo)
Last made up 2025-10-04
Watchouts
None on the register
Cash
£8M
-20.4% vs 2024
Net assets
-£4M
-6.1% vs 2024
Employees
0
Average over period
Profit before tax
-£244K
+91.7% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£2,931,000 | -£244,000 | |
| Profit before tax | -£2,931,000 | -£244,000 | |
| Net profit | -£2,931,000 | -£244,000 | |
| Cash | £9,577,000 | £7,623,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | -£3,991,000 | -£4,235,000 | |
| Equity | -£3,991,000 | -£4,235,000 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 101.7% | 102.0% | |
| Current ratio | 5.65x | 1.09x | |
| Interest cover | -0.11x | -0.01x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Consolidated group
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On the basis of their assessment of the Company's financial position and that of its ultimate controlling party, Lendinvest plc, the Company's Directors have a reasonable expectation that the Company will be able to continue in operational existence for the foreseeable future.”
Significant events
- “On July 14th 2025 TITAN NO.1 LTD renegotiated its senior funding resulting in the exit of one senior lender, with the remaining two senior lenders extending their existing funding deal. At the same time Lendinvest BTL Limited also joined the vehicle as an option to be seller and servicer in the future.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LAW DEBENTURE CORPORATE SERVICES LIMITED | Corporate Secretary | 2018-10-05 | — | — |
| FILER, Mark Howard | Director | 2018-10-05 | Jun 1967 | British |
| L.D.C. SECURITISATION DIRECTOR NO. 1 LIMITED | Corporate Director | 2018-10-05 | — | — |
| L.D.C. SECURITISATION DIRECTOR NO. 2 LIMITED | Corporate Director | 2018-10-05 | — | — |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Law Debenture Intermediary Corporation P.L.C. | Corporate entity | Shares 75–100%, Voting 75–100% | 2018-10-05 | Active |
Filing timeline
Last 20 of 24 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-22 | AA | accounts | Accounts with accounts type full | |
| 2025-10-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-29 | AA | accounts | Accounts with accounts type full | |
| 2024-12-20 | AA01 | accounts | Change account reference date company previous shortened | |
| 2024-10-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-13 | AA | accounts | Accounts with accounts type full | |
| 2023-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-04-08 | AA | accounts | Accounts with accounts type full | |
| 2022-10-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-20 | AA | accounts | Accounts with accounts type full | |
| 2021-10-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-30 | CH02 | officers | Change corporate director company with change date | |
| 2020-11-30 | CH02 | officers | Change corporate director company with change date | |
| 2020-11-30 | CH04 | officers | Change corporate secretary company with change date | |
| 2020-11-30 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2020-11-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2020-10-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2020-08-04 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
—
Not reported
-
Cash
-20.4%
£9,577,000 £7,623,000
-
Net assets
-6.1%
-£3,991,000 -£4,235,000
-
Employees
—
Not reported
-
Operating profit
+91.7%
-£2,931,000 -£244,000
-
Profit before tax
+91.7%
-£2,931,000 -£244,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers