UK Companies House feature
TYNE FUNDING NO.1 PLC
Profile
- Company number
- 13653178
- Status
- Active
- Incorporation
- 2021-09-30
- 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
- FRS 102
- Reporting scope
- Consolidated (group)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The directors are therefore of the opinion that a material uncertainty on going concern exists which may cast significant doubt on the company's ability to continue as a going concern due to the potential that the call option may be exercised when it becomes available (Refer to going concern section in Directors' Report for further details).”
Significant events
- “The principal balance of the underlying Mortgage Loans held by the Company decreased during the year from £223,643,178 at 31 December 2023 to £183,555,109 at 31 December 2024 as expected due to early redemption options availed by the underlying borrowers, scheduled repayments and amortised cost adjustment.”
- “A call option on purchasing the underlying Mortgage Loans becomes available to the option holder from the interest payment date in November 2026.”
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 · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CSC CORPORATE SERVICES (LONDON) LIMITED | Corporate Secretary | 2021-09-30 | — | — |
| KHAN, Raheel Shehzad | Director | 2021-09-30 | Nov 1976 | British |
| CSC DIRECTORS (NO.3) LIMITED | Corporate Director | 2021-09-30 | — | — |
| CSC DIRECTORS (NO.4) LIMITED | Corporate Director | 2021-09-30 | — | — |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tyne Funding No.1 Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-09-30 | Active |
Filing timeline
Last 20 of 22 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-10-10 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-06-18 | AA | accounts | accounts with accounts type full |
| 2025-04-26 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-04-26 | CH02 | officers | change corporate director company with change date |
| 2025-04-26 | CH02 | officers | change corporate director company with change date |
| 2025-04-14 | AD01 | address | change registered office address company with date old address new address |
| 2024-12-17 | CH02 | officers | change corporate director company with change date |
| 2024-12-17 | CH02 | officers | change corporate director company with change date |
| 2024-12-17 | CH04 | officers | change corporate secretary company with change date |
| 2024-10-04 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-06-13 | AA | accounts | accounts with accounts type full |
| 2023-10-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-04-05 | AA | accounts | accounts with accounts type full |
| 2022-10-12 | CS01 | confirmation-statement | confirmation statement with updates |
| 2021-12-17 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2021-11-22 | AA01 | accounts | change account reference date company current extended |
| 2021-11-15 | CERT8A | incorporation | legacy |
| 2021-11-15 | SH50 | reregistration | application trading certificate |
| 2021-11-04 | SH01 | capital | capital allotment shares |
| 2021-11-03 | CERT8A | incorporation | legacy |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory