SME ASSET FINANCE LIMITED
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Cash
—
Latest balance sheet
Net assets
—
Equity attributable
Employees
—
Average over period
Profit before tax
—
Period ending 2025-12-31
Profit before tax
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Net interest income | — | £5,157,000 | £4,633,000 | -10.2% | |
| Fee & commission income | — | £1,564,000 | £1,870,000 | +19.6% | |
| Operating income | — | £6,721,000 | £6,503,000 | -3.2% | |
| Impairment losses | — | — | — | — | |
| Profit before tax | £3,424,000 | -£2,369,000 | — | — | |
| Net profit | £3,214,000 | -£279,000 | — | — | |
| Loans & advances to customers | — | — | — | — | |
| Customer deposits | — | — | — | — | |
| Total assets | — | — | — | — | |
| Total liabilities | — | £421,914,000 | £599,147,000 | +42% | |
| Equity | — | — | — | — | |
| Average employees | 49 | 46 | — | — |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 13.5% | 0.5% | — | |
| Net margin | 16.5% | -1.1% | — | |
| Interest cover | 0.20x | 0.01x | — |
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 2 times since incorporation
- SME ASSET FINANCE LIMITED 2008-03-12 → present
- RDM ASSET FINANCE LIMITED 1997-07-18 → 2008-03-12
- FIXEDCHANCE LIMITED 1997-06-24 → 1997-07-18
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements are prepared on a going concern basis, as the Directors are satisfied that the Company has the resources to continue in business for the foreseeable future (considered to be at least 18 months from the date of approval of these financial statements).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 22 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FRUMKIN, Daniel Sweeney | Director | 2020-01-01 | Jun 1964 | British,American |
| PAGE, Marc Stephen | Director | 2024-10-15 | Dec 1973 | British |
| VEARES, Andy | Director | 2024-06-05 | Mar 1963 | British |
Show 22 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ACKROYD, John Anthony | Secretary | 1999-12-10 | 2006-12-15 |
| MARSDEN, David Andrew | Secretary | 1997-07-10 | 2000-01-06 |
| TRUEMAN, Susan | Secretary | 2006-12-15 | 2013-07-31 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1997-06-24 | 1997-07-10 |
| ACKROYD, John Anthony | Director | 2000-05-24 | 2006-12-15 |
| ALBA OCHOA, Cristina | Director | 2024-03-12 | 2024-10-15 |
| ARDEN, David Thomas | Director | 2018-03-29 | 2022-02-15 |
| BRIERLEY, Michael Charles | Director | 2013-07-31 | 2018-03-29 |
| BUSH, John Michael | Director | 1997-07-10 | 2006-12-15 |
| DONALDSON, Craig Francis | Director | 2013-07-31 | 2019-12-31 |
| HOGG, David | Director | 2006-12-15 | 2013-07-31 |
| HOPKINSON, James William Alistair, Mr. | Director | 2022-09-21 | 2024-01-12 |
| LEES, Richard | Director | 2022-02-25 | 2022-09-21 |
| MARSDEN, David Andrew | Director | 1997-07-10 | 2006-12-15 |
| OAKLEY, Jason Sam | Director | 2013-07-31 | 2015-05-31 |
| SAULET, Richard Dominic | Director | 2015-09-28 | 2018-03-29 |
| SLINGER, Peter John | Director | 2005-01-01 | 2013-05-31 |
| STOKES, Mark Andrew | Director | 2018-03-29 | 2020-04-30 |
| WALTERS, Ian | Director | 2020-05-28 | 2024-03-31 |
| WARD, Brian William | Director | 1997-08-19 | 2006-12-15 |
| WILDE, John Martin Anthony | Director | 2006-12-15 | 2013-07-31 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1997-06-24 | 1997-07-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sme Invoice Finance Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 150 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-11 | AA | accounts | Accounts with accounts type full | |
| 2026-08-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-10 | CH01 | officers | Change person director company with change date | |
| 2025-08-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-27 | AA | accounts | Accounts with accounts type full | |
| 2024-10-15 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-15 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-26 | AA | accounts | Accounts with accounts type full | |
| 2024-08-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-21 | CH01 | officers | Change person director company with change date | |
| 2024-06-10 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-15 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-17 | AA | accounts | Accounts with accounts type full | |
| 2023-04-19 | CH01 | officers | Change person director company with change date | |
| 2022-09-27 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-27 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-02 | CS01 | confirmation-statement | Confirmation statement with no updates |
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.