GAIN CREDIT LLC
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Cash
£17M
+60.7% vs 2023
Net assets
-£44M
+18.2% vs 2023
Employees
—
Average over period
Profit before tax
£11M
+1,030.4% vs 2023
Name history
Renamed 1 time since incorporation
- GAIN CREDIT LLC 2017-12-04 → present
- LENDING STREAM LLC 2014-10-08 → 2017-12-04
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £67,815,771 | £84,795,156 | |
| Operating profit | £8,907,154 | £19,106,472 | |
| Profit before tax | -£1,155,637 | £10,751,885 | |
| Net profit | -£885,539 | £9,786,281 | |
| Cash | £10,766,682 | £17,300,192 | |
| Total assets less current liabilities | £21,423,328 | £32,178,264 | |
| Net assets | -£53,615,816 | -£43,836,976 | |
| Equity | -£53,615,816 | -£43,836,976 | |
| Average employees | — | — | |
| Wages | £2,868,556 | £3,441,300 |
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 | 13.1% | 22.5% | |
| Net margin | -1.3% | 11.5% | |
| Return on capital employed | 41.6% | 59.4% | |
| Gearing (liabilities / total assets) | 178.8% | 150.6% | |
| Current ratio | 1.33x | 1.47x | |
| Interest cover | 0.81x | 2.09x |
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
- US GAAP
- Reporting scope
- Consolidated group
- Auditor
- Grant Thornton LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
Group structure
- GAIN CREDIT LLC · parent
- Drafty Finance II Limited
Significant events
- “New credit facility with Glencar Investments and payoff of Castlelake facility in June 2024”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SOCOL, Randy | Secretary | 2014-10-08 | — | — |
| DEBOER, Christopher | Director | 2015-01-28 | Sep 1962 | American |
| FIANDER, Mark Robert | Director | 2021-12-17 | Mar 1970 | British |
| ROSS, Nicholas | Director | 2021-09-01 | Jan 1970 | British |
| SOPER, Melissa | Director | 2024-01-30 | Sep 1966 | American |
| SURESH, Nallan Chakravarthi | Director | 2023-11-22 | Sep 1963 | American |
| VILCHES, Antonio | Director | 2023-11-22 | Dec 1977 | American |
| WALTON, Caroline Debra | Director | 2022-08-02 | Dec 1967 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DRIVER, Stuart Trevor Andrew | Director | 2015-01-28 | 2021-12-21 |
| IVERSEN, Arnold | Director | 2015-01-28 | 2022-12-31 |
| MARKWORTH, Brian | Director | 2015-01-28 | 2022-08-15 |
| GLOBAL ANALYTICS HOLDINGS, INC | Corporate Director | 2014-10-08 | 2015-01-28 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 43 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-06 | AA | accounts | Accounts with accounts type full | |
| 2025-08-21 | OSCH03 | officers | Change person director overseas company with change date | |
| 2025-08-21 | OSCH03 | officers | Change person director overseas company with change date | |
| 2025-08-21 | OSCH03 | officers | Change person director overseas company with change date | |
| 2024-10-17 | AA | accounts | Accounts with accounts type full | |
| 2024-04-02 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2023-12-18 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2023-12-18 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2023-11-06 | AA | accounts | Accounts with accounts type full | |
| 2023-01-25 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2022-10-10 | AA | accounts | Accounts with accounts type full | |
| 2022-09-08 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2022-09-08 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2022-08-01 | OSCH01 | other | Change company details by uk establishment overseas company with change details | |
| 2022-03-21 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2022-01-20 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2022-01-19 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2021-11-16 | AA | accounts | Accounts with accounts type full | |
| 2020-10-14 | AA | accounts | Accounts with accounts type full | |
| 2019-10-02 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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
-
Turnover
+25%
£67,815,771 £84,795,156
-
Cash
+60.7%
£10,766,682 £17,300,192
-
Net assets
+18.2%
-£53,615,816 -£43,836,976
-
Employees
—
Not reported
-
Operating profit
+114.5%
£8,907,154 £19,106,472
-
Profit before tax
+1,030.4%
-£1,155,637 £10,751,885
-
Wages
+20%
£2,868,556 £3,441,300
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers