UK Companies House feature
GROSVENOR SQUARE RMBS 2023-1 PLC
Profile
- Company number
- 14587250
- Status
- Active
- Incorporation
- 2023-01-12
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64922
- Hubs
- UK Fintech
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The Directors have prepared the financial statements on the going concern basis which assumes that the Company will continue in operational existence for the foreseeable future and will have adequate funds available to meet its obligations as they fall due. However, due to the existence of a call option to purchase the mortgage loan portfolio as described in the subsequent paragraphs, there is a material uncertainty related to going concern. Based on this assessment, the Directors are confident that the Company will continue to meet its obligations when they fall due. However, a call option on purchasing the mortgage loan portfolio becomes available to the option holder from the interest payment date in March 2026. The directors are therefore of the opinion that a material uncertainty on going concern exists due to the potential that the call option may be exercised when it becomes available. As at the date of signing these financial statements, the option holder has not yet determined whether they will exercise this option. This indicates the existence of a material uncertainty related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern and, therefore, that it may be unable to realise its assets and discharge its liabilities in the normal course of business.”
Significant events
- “The UK has been exposed to significant economic uncertainty in recent years, although some indicators are showing signs of improvement. The Consumer Price Index (CPI) inflation rate decreased significantly, from 4.00% in 2023. By August 2024, inflation had declined further to 2.20% but rose slightly to 2.50% in October 2024, as reported by the Office for National Statistics (ONS).”
- “This fluctuation reflects the ongoing volatility in inflation trends, driven by both global and domestic factors. In response to economic conditions, the Bank of England reduced the base rate. The rate decreased from 5.25% to 5.00% in August 2024 and further to 4.75% in November 2024, 4.5% in February 2025 with the latest decrease to 4.25% in May 2025. The rate remained at 4.25% in June 2025. These reductions aim to support economic recovery amidst signs of easing inflationary pressures.”
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 · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CSC CORPORATE SERVICES (UK) LIMITED | Corporate Secretary | 2023-01-12 | — | — |
| MCGRATH, Catherine Mary Elizabeth | Director | 2023-01-31 | Dec 1989 | British |
| STERNBERG, Aline | Director | 2023-01-12 | Jul 1988 | Belgian |
| CSC DIRECTORS (NO.1) LIMITED | Corporate Director | 2023-01-12 | — | — |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CSC DIRECTORS (NO.2) LIMITED | Corporate Director | 2023-01-12 | 2023-01-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Grosvenor Square Rmbs Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-01-12 | Active |
Filing timeline
Last 16 of 16 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-13 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-07-11 | AA | accounts | accounts with accounts type full |
| 2025-02-13 | AA | accounts | accounts with accounts type full |
| 2025-01-23 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-01-17 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-06-05 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2023-05-12 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-03-16 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-03-14 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-02-14 | CERT8A | incorporation | legacy |
| 2023-02-14 | SH50 | reregistration | application trading certificate |
| 2023-02-10 | SH01 | capital | capital allotment shares |
| 2023-01-31 | AP01 | officers | appoint person director company with name date |
| 2023-01-31 | TM01 | officers | termination director company with name termination date |
| 2023-01-19 | AA01 | accounts | change account reference date company current shortened |
| 2023-01-12 | NEWINC | incorporation | incorporation company |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory