UK Companies House feature
LOWELL RECEIVABLES FINANCING 2 LIMITED
Profile
- Company number
- 13403235
- Status
- Active
- Incorporation
- 2021-05-17
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- UK-adopted international accounting standards
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The assessment of the going concern basis of preparation for the Company has considered both the position at 31 December 2024 and the outlook for the Company at the date of approval of the financial statements. The outlook of the wider Lowell Group is not relevant primarily because of the securitisation facility covenants in place and the Company being bankruptcy remote in nature and it is not part of the Lowell bond group.”
Significant events
- “In January 2024, the Senior Loan facility increased by £150m from £225m to £375m, with the revolving period and maturity date being extended by two years to 21 December 2026 and 21 February 2029 respectively, and the margin increasing from 3.5% to 4.5%.”
- “In March 2025, the Company increased the Senior Loan Facility from £375m to £425m and extended the maturity to 21 June 2030. The interest margin increased from 4.5% to 4.7% during 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
5 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CSC CORPORATE SERVICES (UK) LIMITED | Corporate Secretary | 2021-05-17 | — | — |
| PEARS, John Simon | Director | 2023-08-31 | May 1973 | British |
| STERNBERG, Aline | Director | 2021-05-17 | Jul 1988 | Belgian |
| CSC DIRECTORS (NO.1) LIMITED | Corporate Director | 2021-05-17 | — | — |
| CSC DIRECTORS (NO.2) LIMITED | Corporate Director | 2021-05-17 | — | — |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FLAHERTY, John Patrick | Director | 2021-05-25 | 2023-08-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Metis Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-05-25 | Active |
| Csc Corporate Services (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-05-17 | Ceased 2021-05-25 |
Filing timeline
Last 20 of 24 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-12-29 | AA | accounts | accounts with accounts type full |
| 2025-05-19 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-03-10 | AA | accounts | accounts with accounts type full |
| 2024-09-06 | CH01 | officers | change person director company with change date |
| 2024-06-18 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-05-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-02-01 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-01-15 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2023-11-24 | AD01 | address | change registered office address company with date old address new address |
| 2023-10-09 | CH01 | officers | change person director company with change date |
| 2023-09-25 | AP01 | officers | appoint person director company with name date |
| 2023-09-25 | TM01 | officers | termination director company with name termination date |
| 2023-07-28 | AA | accounts | accounts with accounts type full |
| 2023-05-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-08-25 | AA | accounts | accounts with accounts type full |
| 2022-05-16 | CS01 | confirmation-statement | confirmation statement with updates |
| 2021-12-08 | CH01 | officers | change person director company with change date |
| 2021-06-21 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2021-05-26 | AD02 | address | change sail address company with new address |
| 2021-05-26 | AP01 | officers | appoint person director company with name date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory