UK Companies House feature
WHITE OAK COMMERCIAL FINANCE EUROPE (NON-LEVERED) LIMITED
Profile
- Company number
- 12536988
- Status
- Active
- Incorporation
- 2020-03-27
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64929
- Hubs
- UK Fintech
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The financial statements have been prepared on a basis other than going concern as the Company has ceased trading and its only activities are now the recovery of collateral through the Company's participation in the Greensill RPA. No adjustments arose as a result of ceasing to apply the going concern basis.”
Significant events
- “On 24 February 2024, Russia commenced a military invasion of Ukraine marking a significant escalation of the war which began in 2014 with the annexation of Crimea. The Director does not anticipate any significant impact on the financial performance of the Company in relation to these ongoing events.”
- “The Company commenced trading in April 2020. As at December 2024, the Company's sole exposure counterparty was in insolvency and the Company is actively pursuing recovery of its collateral related to this transaction.”
- “Following the Greensill administration on 8 March 2021, the company ceased its participation in the Receivables Purchase Agreement ('RPA) and the Director is focussed on recovery of the assets in the portfolio through exercising monetisation of the collateral, via credit insurance.”
- “The Company has filed a claim as a loss payee under a trade credit policy for non-payment of receivables sold to Greensill Capital (UK) Limited and assigned to the Company. In 2023, the Company also brought proceedings against the insurance broker in the UK High Court for damages, which was settled in May 2025.”
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
1 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OTTE, Thomas | Director | 2020-03-27 | May 1955 | American |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| White Oak Commercial Finance Europe Holdco Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2020-03-27 | Active |
Filing timeline
Last 20 of 37 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2026-01-07 | AA | accounts | accounts with accounts type full |
| 2025-05-07 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-12-03 | AA | accounts | accounts with accounts type full |
| 2024-05-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-10-11 | AA | accounts | accounts with accounts type full |
| 2023-06-17 | DISS40 | gazette | gazette filings brought up to date |
| 2023-06-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-06-13 | GAZ1 | gazette | gazette notice compulsory |
| 2022-10-07 | AA | accounts | accounts with accounts type full |
| 2022-04-08 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-04-06 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2022-02-25 | SH19 | capital | capital statement capital company with date currency figure |
| 2022-02-25 | SH20 | capital | legacy |
| 2022-02-25 | CAP-SS | insolvency | legacy |
| 2022-02-25 | RESOLUTIONS | resolution | resolution |
| 2022-02-07 | RP04SH01 | capital | second filing capital allotment shares |
| 2022-02-04 | SH01 | capital | capital allotment shares |
| 2022-01-21 | SH01 | capital | capital allotment shares |
| 2022-01-19 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory