BORDERWAY FINANCE LIMITED
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Cash
—
Latest balance sheet
Net assets
—
Equity attributable
Employees
20
+5.3% highest in 3 filed years
Profit before tax
-£90k
+80% vs 2025
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £2,756,564 | £2,621,032 | £2,380,918 | -9.2% | |
| Operating profit | £1,185,140 | £475,028 | £349,474 | -26.4% | |
| Profit before tax | £73,045 | -£447,324 | -£89,520 | +80% | |
| Net profit | -£76,809 | -£201,252 | £175,090 | +187% | |
| Cash | £364,506 | £225,367 | — | — | |
| Total assets less current liabilities | £27,388,549 | £25,790,238 | — | — | |
| Net assets | £4,840,833 | £4,639,581 | — | — | |
| Equity | £4,840,833 | £4,639,581 | — | — | |
| Average employees | 19 | 19 | 20 | +5.3% | |
| Wages | £615,277 | £658,682 | £731,458 | +11% | |
| Directors' remuneration | £96,765 | £101,135 | £133,953 | +32.4% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 43.0% | 18.1% | 14.7% | |
| Net margin | -2.8% | -7.7% | 7.4% | |
| Return on capital employed | 4.3% | 1.8% | — | |
| Gearing (liabilities / total assets) | 82.8% | 83.2% | — | |
| Interest cover | 1.57x | 0.61x | 0.57x |
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.
Name history
Renamed 1 time since incorporation
- BORDERWAY FINANCE LIMITED 2014-02-12 → present
- CUMBERLAND DIRECT LIMITED 1995-04-21 → 2014-02-12
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“For this reason, the annual financial statements continue to be prepared on the going concern basis. In making this assessment, the company directors have had due regard to the Group's own going concern assessment and the Society's public disclosure that the Society is viable for at least a three-year period from the signing of its accounts in June 2026.”
Significant events
- “There are no significant events subsequent to the year-end that are deemed necessary to be adjusted or disclosed in the financial statements other than the announcement by a claims management company and certain vehicle manufacturers of legal challenge to the FCA's scheme of redress which is disclosed in notes 2 and 17.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HEYS, Silas Harrison | Secretary | 2024-06-01 | — | — |
| DEANS, Michael Grant | Director | 2014-04-01 | May 1970 | British |
| EASTBURN, Elizabeth | Director | 2024-10-28 | Mar 1981 | British |
| KELTON, Darren | Director | 2025-04-09 | Aug 1981 | English |
| MCKERRACHER, Scott | Director | 2022-09-28 | Mar 1968 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KIDD, John Christopher Norman | Secretary | 2016-01-07 | 2017-10-13 |
| KIDD, John Christopher Norman | Secretary | 1999-09-23 | 2015-03-25 |
| LYON, Samuel John | Secretary | 2015-03-25 | 2016-01-07 |
| ROBINSON, Anthony Canice | Secretary | 1995-04-21 | 1999-09-23 |
| VINES, John Paul | Secretary | 2017-10-13 | 2024-06-01 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1995-04-21 | 1995-04-21 |
| CARRUTHERS, David | Director | 2014-04-01 | 2016-06-30 |
| COLLINS, Paul | Director | 2021-07-23 | 2022-09-28 |
| GADDES, Joseph Graham | Director | 1995-04-21 | 1997-07-28 |
| HORNER, Philip Simon | Director | 2022-09-28 | 2025-04-16 |
| KIDD, John Christopher Norman | Director | 2016-02-11 | 2018-11-15 |
| KITCHEN, Ian Henry | Director | 1995-04-21 | 2002-09-30 |
| LEVESON, John Mark | Director | 2002-09-16 | 2014-10-01 |
| LYON, Samuel John | Director | 2019-01-30 | 2020-06-26 |
| MOORE, Patrick Desmond | Director | 2018-05-10 | 2024-10-28 |
| PARR, Kevin | Director | 1997-07-29 | 2018-03-31 |
| PARRY, Susanne Jayne | Director | 2016-02-11 | 2021-04-30 |
| TEMPLE, Peter Ridley | Director | 2013-11-15 | 2018-06-22 |
| WINDLE, Alex | Director | 2018-06-19 | 2022-09-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cumberland Holdings Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 114 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-17 | AA | accounts | Accounts with accounts type full | |
| 2026-04-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-27 | AA | accounts | Accounts with accounts type full | |
| 2025-04-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-30 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-26 | AA | accounts | Accounts with accounts type full | |
| 2024-06-04 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-06-04 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-05-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-02 | AA | accounts | Accounts with accounts type full | |
| 2023-04-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-12 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-12 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-05 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-05 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-05 | AA | accounts | Accounts with accounts type full | |
| 2022-04-29 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.