UK Companies House feature
THIS BANK LIMITED
Profile
- Company number
- 11734380
- Status
- Active
- Incorporation
- 2018-12-19
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 64191
- Hubs
- UK Fintech
Accounts
Pending extraction
No iXBRL extracted yet for this company.
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis as the directors are satisfied that the Bank will be able to operate with adequate levels of both liquidity and capital for a period of 12 months from the date of approval of these financial statements. The directors have determined that no material uncertainty relating to going concern exists.”
Significant events
- “Change in Majority Ownership: After regulatory change in control permissions, the Bank issued £9.1m of ordinary shares to Step One Money UK Limited (SOMU) along with £15.9m of share premium. SOMU acquired additional shares from JN Financial Group Limited, making it the controlling company on 30 September 2024.”
- “Portfolio Transactions: In June 2024, the Bank purchased a secured loan portfolio of £129.1m and sold a defaulted unsecured portfolio for £3.0m. In December 2024, it purchased another portfolio for £20.7m.”
- “New Leadership: Christopher Waring was appointed Chief Executive Officer during the year.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
9 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MFG SERVICES LTD | Corporate Secretary | 2018-12-19 | — | — |
| ALLEYNE, Hugo Sean | Director | 2024-05-01 | Apr 1971 | British,Jamaican |
| BURKE, Ken | Director | 2024-10-16 | Mar 1963 | Irish |
| CHILDRESS, Michael | Director | 2024-10-17 | Oct 1972 | American |
| DENHOLM, Ronald | Director | 2025-02-27 | Jan 1965 | British |
| JUSTICE, Warren Henry | Director | 2022-01-28 | Jul 1966 | British |
| LEVY, Keith Ainsley Antonio | Director | 2025-09-25 | Mar 1973 | British |
| SMITH-GORDON, Lionel George | Director | 2025-01-20 | Jul 1964 | British |
| WARING, Christopher | Director | 2025-01-06 | Mar 1970 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AHMAD, Asif | Director | 2023-05-30 | 2024-12-31 |
| BAWA, James Jaiparkash | Director | 2019-01-23 | 2020-02-26 |
| CLARKE, Oliver Frederick | Director | 2018-12-19 | 2019-12-09 |
| COLL, Nicole | Director | 2023-12-05 | 2024-03-01 |
| FENSOME, Dean | Director | 2019-01-23 | 2023-01-13 |
| JARRETT, Earl Wesley | Director | 2018-12-19 | 2025-09-25 |
| JONES, Elizabeth Ann | Director | 2019-07-10 | 2024-10-30 |
| JORDAN, Karen Angela | Director | 2019-01-23 | 2023-09-01 |
| MANDER, Colin John | Director | 2023-06-28 | 2026-01-29 |
| MANDER, Colin John | Director | 2019-01-23 | 2022-06-30 |
| MARSHALL, Ian | Director | 2019-01-23 | 2023-02-24 |
| NOBLE, Paul | Director | 2023-04-21 | 2024-10-10 |
| PARR, Andrew | Director | 2023-01-13 | 2024-06-17 |
| SEMPLE, Margaret Olivia | Director | 2019-09-05 | 2025-03-31 |
| SIMPSON, Paulette Dawn | Director | 2020-09-11 | 2024-10-30 |
| TOOHIG, Michael Anthony Paul | Director | 2018-12-19 | 2019-07-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Step One Money Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2024-09-30 | Active |
| Jn Financial Group Limited | Corporate entity | Shares 75–100% | 2019-01-23 | Ceased 2024-09-30 |
| Earl Earl Jarrett | Individual | Shares 50–75% | 2018-12-19 | Ceased 2019-01-23 |
Filing timeline
Last 20 of 97 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-14 | SH01 | capital | capital allotment shares |
| 2026-02-05 | SH01 | capital | capital allotment shares |
| 2026-02-05 | TM01 | officers | termination director company with name termination date |
| 2026-01-20 | TM01 | officers | termination director company with name termination date |
| 2026-01-19 | CERTNM | change-of-name | certificate change of name company |
| 2026-01-19 | NM06 | change-of-name | change of name request comments |
| 2026-01-19 | CONNOT | change-of-name | change of name notice |
| 2025-12-01 | AA | accounts | accounts with accounts type full |
| 2025-10-22 | AP01 | officers | appoint person director company with name date |
| 2025-10-03 | SH01 | capital | capital allotment shares |
| 2025-08-18 | SH01 | capital | capital allotment shares |
| 2025-05-06 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-04-30 | AD01 | address | change registered office address company with date old address new address |
| 2025-04-01 | SH01 | capital | capital allotment shares |
| 2025-03-31 | TM01 | officers | termination director company with name termination date |
| 2025-03-17 | AP01 | officers | appoint person director company with name date |
| 2025-02-17 | SH01 | capital | capital allotment shares |
| 2025-01-28 | AP01 | officers | appoint person director company with name date |
| 2025-01-20 | SH19 | capital | capital statement capital company with date currency figure |
| 2025-01-20 | SH20 | capital | legacy |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires extracted accounts data.
Activity Score
Composite activity score · components 0–100 · reference 2026-05-10
77.9
WARM
/ 100
- Filings velocity 92
- Capital events 100
- Officer churn 75
- Headcount trajectory 50
- Accounts trajectory 50
- 11 filing(s) in last 12 months
- 8 capital event(s) in last 24 months
- 1 appointed, 2 resigned (12mo)