UK Companies House feature
AVON FINANCE NO.3 PLC
Profile
- Company number
- 14918971
- Status
- Active
- Incorporation
- 2023-06-06
- Last accounts made up
- 2024-09-30
- 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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“However, the directors believe there to be a material uncertainty over the going concern of the Company due to the call option that is available for the option holders to exercise in the interest payment date falling in August 2026 (Optional Redemption Date). The call option is in the form of a Portfolio Purchase Option which requires the Company to sell and transfer to the Portfolio Option Holder (or its nominee) as defined in the transaction documents, either the beneficial title or the right to legal title to all of the Loans. This sale or transfer would be completed at the Portfolio Purchase Option Purchase Price, being an amount sufficient to enable the Company to settle its liabilities. If the call option is exercised, the Notes will be paid off using the proceeds of the sale and transfer of the Loans, and the Company will cease trading. However, if the call option is not exercised, the directors have no intention to cease trading and there is a reasonable expectation that the Company has adequate resources to continue in operational existence under the current operating structure for at least twelve months from the date of approval of the financial statements. The directors are therefore of the opinion that a material uncertainty exists which may cast significant doubt over the Company's ability to continue as a going concern.”
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 (LONDON) LIMITED | Corporate Secretary | 2023-06-06 | — | — |
| WATSON, Alasdair James David | Director | 2024-03-13 | Sep 1970 | British |
| CSC DIRECTORS (NO.3) LIMITED | Corporate Director | 2023-06-06 | — | — |
| CSC DIRECTORS (NO.4) LIMITED | Corporate Director | 2023-06-06 | — | — |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| VIVEK, Arun | Director | 2023-06-06 | 2024-03-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Stratford Finance No.3 Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-06-06 | Active |
Filing timeline
Last 20 of 23 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-10-30 | AA | accounts | accounts with accounts type full |
| 2025-10-07 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-06-27 | AA01 | accounts | change account reference date company previous shortened |
| 2025-06-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-04-24 | CH02 | officers | change corporate director company with change date |
| 2025-04-24 | CH02 | officers | change corporate director company with change date |
| 2025-04-24 | CH04 | officers | change corporate secretary company with change date |
| 2025-04-24 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-04-14 | AD01 | address | change registered office address company with date old address new address |
| 2024-12-11 | CH02 | officers | change corporate director company with change date |
| 2024-12-11 | CH02 | officers | change corporate director company with change date |
| 2024-12-11 | CH04 | officers | change corporate secretary company with change date |
| 2024-06-10 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-04-02 | AP01 | officers | appoint person director company with name date |
| 2024-04-02 | TM01 | officers | termination director company with name termination date |
| 2023-08-30 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-08-25 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-07-19 | CERTNM | change-of-name | certificate change of name company |
| 2023-07-14 | CERT8A | incorporation | legacy |
| 2023-07-14 | SH50 | reregistration | application trading certificate |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory