UK Companies House feature
LIGHTYEAR FINANCIAL LTD
Cash
£2M
-54.5% vs 2023
Net assets
£19M
-10.9% vs 2023
Employees
25
+38.9% vs 2023
Profit before tax
—
Period ending 2024-03-31
Profile
- Company number
- 12925823
- Status
- Active
- Incorporation
- 2020-10-03
- Last accounts made up
- 2025-03-31
- Account category
- GROUP
- Primary SIC
- 64999
- Hubs
- UK Fintech
Net assets
3-year trend · vs UK Fintech median
Accounts
3-year trend · latest 2024-03-31
| Metric | Trend | 2022-03-31 | 2023-03-31 | 2024-03-31 |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | — | — | |
| Profit before tax | — | — | — | |
| Net profit | — | — | — | |
| Cash | £3,931,492 | £3,312,983 | £1,508,024 | |
| Total assets less current liabilities | £5,439,159 | £21,863,303 | £19,481,942 | |
| Net assets | £5,439,159 | £21,863,303 | £19,481,942 | |
| Equity | £5,439,159 | £21,863,303 | £19,481,942 | |
| Average employees | 8 | 18 | 25 | |
| Wages | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated (group)
- Auditor
- Hillier Hopkins LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue to operate for the foreseeable future. Thus the directors have adopted the going concern basis of accounting in preparing the financial statements.”
Subsidiaries
- Lightyear U.K. LTD · 100% held · United Kingdom
- Lightyear Europe AS · 100% held · Estonia
- Lightyear Nominees Limited · 100% held · United Kingdom
Significant events
- “From 15 April 2025 to 6 May 2025, the company allotted 231,394 Series B Preferred shares of £0.0001 at £72.07 per share to raise additional capital of £16,676,566.”
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
4 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OHS SECRETARIES LIMITED | Corporate Secretary | 2021-09-27 | — | — |
| AAMER, Mihkel | Director | 2020-10-03 | Jul 1988 | Estonian |
| MURPHY, Paul William | Director | 2025-10-14 | Aug 1979 | American |
| SOKK, Martin | Director | 2020-10-03 | Aug 1986 | Estonian |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| QUINN, Nicole Mary | Director | 2022-09-12 | 2025-10-14 |
| QUINN, Nicole Mary | Director | 2022-04-13 | 2022-06-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Mihkel Aamer | Individual | Appoints directors | 2020-10-03 | Active |
| Mr Martin Sokk | Individual | Appoints directors | 2020-10-03 | Active |
Filing timeline
Last 20 of 61 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-14 | SH01 | capital | capital allotment shares |
| 2026-01-04 | AA | accounts | accounts with accounts type group |
| 2025-10-16 | AP01 | officers | appoint person director company with name date |
| 2025-10-16 | TM01 | officers | termination director company with name termination date |
| 2025-09-24 | SH01 | capital | capital allotment shares |
| 2025-09-22 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2025-09-22 | CH01 | officers | change person director company with change date |
| 2025-09-22 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-09-16 | SH01 | capital | capital allotment shares |
| 2025-05-07 | SH01 | capital | capital allotment shares |
| 2025-04-28 | MA | incorporation | memorandum articles |
| 2025-04-28 | RESOLUTIONS | resolution | resolution |
| 2025-03-28 | MA | incorporation | memorandum articles |
| 2025-03-28 | RESOLUTIONS | resolution | resolution |
| 2025-02-11 | SH01 | capital | capital allotment shares |
| 2024-09-25 | AA | accounts | accounts with accounts type total exemption full |
| 2024-09-14 | RP04SH01 | capital | second filing capital allotment shares |
| 2024-09-06 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-06-25 | SH01 | capital | capital allotment shares |
| 2024-04-30 | SH10 | capital | capital variation of rights attached to shares |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory