UK Companies House feature
PERENNA BANK PLC
Cash
£12M
+1,176.7% vs 2022
Net assets
£45M
+195.7% vs 2022
Employees
65
+38.3% vs 2022
Profit before tax
-£15M
-48.2% vs 2022
Profile
- Company number
- 13084174
- Status
- Active
- Incorporation
- 2020-12-16
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 64191
- Hubs
- UK Fintech
Net assets
4-year trend · vs UK Fintech median
Accounts
4-year trend · latest 2023-12-31
| Metric | Trend | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | -£5,797,708 | — | — | — | |
| Profit before tax | — | — | -£10,396,474 | -£15,409,172 | |
| Net profit | -£5,797,708 | — | -£10,396,474 | -£15,409,172 | |
| Cash | £359,627 | — | £913,033 | £11,656,289 | |
| Total assets less current liabilities | — | — | — | — | |
| Net assets | -£5,747,708 | — | £15,183,390 | £44,901,589 | |
| Equity | -£5,747,708 | -£5,747,708 | £45,550,170 | — | |
| Average employees | 30 | — | 47 | 65 | |
| Wages | £3,701,676 | — | £5,590,583 | £6,953,937 |
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
- IFRS
- Reporting scope
- Consolidated (group)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Board acknowledges that the Company's strategy has evolved and that it requires additional regulatory permissions to execute this strategy. The board has therefore concluded that the Company remains a going concern but that a material uncertainty exists in respect of obtaining retail deposit permissions and on the subsequent execution of the revised business model of the bank. Should the Retail Deposit Variation of Permission be unsuccessful, the Directors will consider all necessary actions.”
Subsidiaries
- Paddington Funding 1 Limited
Significant events
- “After becoming a fully authorised bank in September 2023, Perenna launched Long Term Fixed Rate Mortgages (LTFRM).”
- “2024 was the first full year of operation since receiving full authorisation from the PRA and FCA in 2023.”
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 · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| REEVE, Claire Elizabeth | Secretary | 2026-03-27 | — | — |
| ASPINALL, Nicholas | Director | 2025-10-02 | Aug 1964 | British |
| CLIST, Angela Helen | Director | 2022-08-03 | Jun 1967 | New Zealander |
| DE LEEUW, Werner Victor | Director | 2021-07-12 | Dec 1968 | British |
| FLAHERTY, Kevin Michael | Director | 2022-08-03 | Oct 1965 | British |
| HENDERSON, Ian Arthur | Director | 2025-11-28 | Jun 1960 | British |
| JONES, Scott Christopher | Director | 2025-11-28 | Jun 1960 | American |
| MCCARTHY, David James | Director | 2025-06-02 | May 1965 | British |
| VEITCH, Sally Jane | Director | 2022-08-03 | Apr 1973 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LINDSAY-BAYLEY, Kate | Secretary | 2020-12-16 | 2026-03-27 |
| BARNETT, Eric Edmund | Director | 2022-08-03 | 2025-10-31 |
| CUPPAGE, Alex Francis Burke | Director | 2022-08-09 | 2025-10-02 |
| LINDSAY-BAYLEY, Kate | Director | 2020-12-16 | 2021-07-12 |
| MEEKS, Alfred Barrington | Director | 2022-08-03 | 2025-05-29 |
| VERBEEK, Wilhelmus | Director | 2020-12-16 | 2025-03-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Perenna Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-12-16 | Active |
Filing timeline
Last 20 of 55 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-02 | AP03 | officers | appoint person secretary company with name date |
| 2026-04-02 | TM02 | officers | termination secretary company with name termination date |
| 2026-03-27 | CH01 | officers | change person director company with change date |
| 2026-03-03 | SH01 | capital | capital allotment shares |
| 2026-02-17 | CS01 | confirmation-statement | confirmation statement with updates |
| 2026-02-17 | SH01 | capital | capital allotment shares |
| 2026-02-16 | CH01 | officers | change person director company with change date |
| 2025-12-10 | AP01 | officers | appoint person director company with name date |
| 2025-12-08 | AP01 | officers | appoint person director company with name date |
| 2025-10-31 | TM01 | officers | termination director company with name termination date |
| 2025-10-23 | CH01 | officers | change person director company with change date |
| 2025-10-07 | AP01 | officers | appoint person director company with name date |
| 2025-10-07 | TM01 | officers | termination director company with name termination date |
| 2025-09-30 | SH01 | capital | capital allotment shares |
| 2025-09-04 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-07-03 | SH01 | capital | capital allotment shares |
| 2025-07-01 | AA | accounts | accounts with accounts type group |
| 2025-06-02 | AP01 | officers | appoint person director company with name date |
| 2025-05-30 | TM01 | officers | termination director company with name termination date |
| 2025-05-01 | AD01 | address | change registered office address company with date old address new address |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory