ASSET LINK CAPITAL (NO. 10) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-21 (in 2mo)
Last made up 2025-07-07
Watchouts
None on the register
Cash
£870K
Latest balance sheet
Net assets
-£39K
Equity attributable
Employees
0
Average over period
Profit before tax
£1K
Period ending 2024-12-31
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | £10,000 | |
| Operating profit | -£40,000 | £1,000 | |
| Profit before tax | -£40,000 | £1,000 | |
| Net profit | -£40,000 | £1,000 | |
| Cash | £8,009,000 | £870,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | -£40,000 | -£39,000 | |
| Equity | -£40,000 | -£39,000 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | — | 10.0% | |
| Net margin | — | 10.0% | |
| Current ratio | 1.00x | 0.96x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors believe that preparing the financial statements on the going concern basis is appropriate due to the support of the Company's parent, LC Asset 2 S.à r.l. ("LC2"). Support from LC2 is deemed to be required since the Company has net liabilities at the end of the financial year. The support from LC2 will enable the Company to meet its obligations as they fall due for at least 12 months from the date of signing of these financial statements.”
Significant events
- “The Company was incorporated on 8 July 2022 for the purpose of acquiring loan portfolios. Following its incorporation the Company acquired two portfolios of loans and then immediately entered into two Deeds of Sale to transfer the beneficial right and interest to the portfolios to LC Asset 2 S.à r.l., a Luxembourg company.”
- “During the period ended 31 December 2023, the Company entered into an Intercompany Agreement with LC Asset 2 S.A.R.L. (the "Parent"). Under this agreement, the Company received an interest free loan from the Parent for £177,709,957.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BURDELL, Selina Lee | Director | 2022-07-08 | May 1969 | British |
| CLOAKE, Adrian Richard | Director | 2022-07-08 | Mar 1975 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lc Asset 2 Sarl | Corporate entity | Shares 75–100% | 2022-07-08 | Ceased 2022-07-08 |
| Mrs Selina Lee Burdell | Individual | Significant influence | 2022-07-08 | Ceased 2022-07-08 |
| Selina Burdell | Legal person | Significant influence, significant-influence-or-control-as-firm | 2022-07-08 | Active |
| Adrian Cloake | Legal person | Significant influence, significant-influence-or-control-as-firm | 2022-07-08 | Active |
Filing timeline
Last 17 of 17 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-08-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-12 | AA | accounts | Accounts with accounts type full | |
| 2024-08-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-16 | AA | accounts | Accounts with accounts type full | |
| 2023-08-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-27 | PSC03 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-02-27 | PSC03 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-02-27 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-02-08 | AA01 | accounts | Change account reference date company current extended | |
| 2022-09-26 | RPCH01 | miscellaneous | Legacy | |
| 2022-07-27 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-07-27 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-07-18 | CH01 | officers | Change person director company with change date | |
| 2022-07-18 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2022-07-08 | AA01 | accounts | Change account reference date company current shortened | |
| 2022-07-08 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31