FOLK2FOLK LIMITED
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Cash
£1.6m
-27.8% vs 2025
Net assets
£4.2m
+2.7% vs 2025
Employees
41
-6.8% vs 2025
Profit before tax
£63k
-96.6% lowest in 6 filed years
Net assets
6-year trend · vs Financials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2026-01-31
| Metric | Trend | 2021-01-31 | 2022-01-31 | 2023-01-31 | 2024-01-31 | 2025-01-31 | 2026-01-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £3,425,548 | £4,936,652 | £4,940,741 | £5,282,108 | £5,924,811 | £5,959,735 | +0.6% | |
| Operating profit | — | — | — | £1,284,356 | £1,598,959 | -£149,586 | -109.4% | |
| Profit before tax | £1,107,249 | £1,969,560 | £1,373,641 | £1,284,356 | £1,836,672 | £62,709 | -96.6% | |
| Net profit | £1,108,995 | £1,969,560 | £1,146,205 | £975,825 | £1,370,316 | £109,193 | -92% | |
| Cash | £1,260,548 | £1,852,862 | £2,768,737 | £2,528,342 | £2,159,991 | £1,559,900 | -27.8% | |
| Total assets less current liabilities | £2,013,471 | £3,982,311 | £5,333,719 | £6,281,530 | £4,196,938 | £4,222,518 | +0.6% | |
| Net assets | — | £3,982,311 | £5,148,530 | £6,141,093 | £4,097,802 | £4,206,995 | +2.7% | |
| Equity | £2,013,471 | £3,982,311 | £5,148,530 | £6,141,093 | £4,097,802 | £4,206,995 | +2.7% | |
| Average employees | 37 | 37 | 43 | 44 | 44 | 41 | -6.8% | |
| Wages | — | — | — | — | — | — | — | |
| Directors' remuneration | £297,582 | £282,933 | £302,355 | £340,865 | £219,905 | £602,176 | +173.8% |
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 | 2021-01-31 | 2022-01-31 | 2023-01-31 | 2024-01-31 | 2025-01-31 | 2026-01-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 24.3% | 27.0% | -2.5% | |
| Net margin | 32.4% | 39.9% | 23.2% | 18.5% | 23.1% | 1.8% | |
| Return on capital employed | — | — | — | 20.4% | 38.1% | -3.5% | |
| Current ratio | — | — | — | 9.25x | 5.90x | 6.37x |
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
- FOLK2FOLK LIMITED 2013-04-19 → present
- FOLK TO FOLK LIMITED 2012-08-14 → 2013-04-19
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“These financial statements are prepared on the going concern basis. The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future. The directors are not aware of material uncertainties which may cause doubt on the company's ability to continue as a going concern.”
Significant events
- “During the year, the Company completed a planned leadership transition. Roy Warren, Managing Director since 2019, retired from his executive role in January 2026 and was appointed to the Board as an Independent Non-Executive Director.”
- “Kawai Chung was appointed Chief Executive Officer with effect from 31 October 2025, following a succession process. The Board considers that this appointment enhances the Company's capability in relation to operating a peer-to-peer platform, institutional funding, non-bank lending and property backed finance.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHUNG, Kawai | Director | 2025-09-23 | Sep 1978 | British |
| DALY, Alexander James | Director | 2019-09-27 | Jul 1970 | British |
| DINGLE, Graham Merlin | Director | 2019-07-30 | Oct 1953 | British |
| RICHARDS, Claire Louise | Director | 2025-10-06 | Dec 1972 | British |
| SAWYER, Timothy Charles | Director | 2012-10-18 | Feb 1962 | British |
| WARREN, Roy Francis | Director | 2019-08-28 | Apr 1956 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FRENCH, Amanda | Secretary | 2016-08-26 | 2017-04-10 |
| WILLETT, Helen | Secretary | 2018-04-20 | 2019-05-08 |
| ABBOTT CHALEW, Justin David | Director | 2019-10-03 | 2025-05-01 |
| BROWN, David Ian | Director | 2013-08-15 | 2017-11-06 |
| CROSS, Giles Marwood | Director | 2017-08-31 | 2019-05-03 |
| DUMERESQUE, Jane Grace | Director | 2015-07-01 | 2017-08-31 |
| MATHERS, Louis Aidan | Director | 2012-08-14 | 2025-03-28 |
| MCCRACKEN, Megan Aileen | Director | 2019-10-21 | 2025-03-31 |
| NEALE, Michael George | Director | 2015-02-02 | 2015-07-31 |
| PARNALL, Jonathan Roger Braddon | Director | 2012-08-14 | 2013-08-15 |
| PARNALL, Robert Mark Braddon | Director | 2012-08-14 | 2019-09-27 |
| STRAW, Karl Anthony | Director | 2017-08-31 | 2018-04-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Ronald Adrian Dingle | Individual | Significant influence | 2019-05-20 | Ceased 2019-05-20 |
| Folk Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 119 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-09-10 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-02 | AA | accounts | Accounts with accounts type full | |
| 2026-02-06 | AA01 | accounts | Change account reference date company previous extended | |
| 2026-01-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-12 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-10-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-30 | CH01 | officers | Change person director company with change date | |
| 2025-09-29 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-28 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-05-16 | AA | accounts | Accounts with accounts type full | |
| 2025-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-10 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2024-09-10 | RESOLUTIONS | resolution | Resolution | |
| 2024-09-10 | CAP-SS | insolvency | Legacy | |
| 2024-09-10 | SH20 | capital | Legacy | |
| 2024-05-24 | AA | accounts | Accounts with accounts type full | |
| 2024-01-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-01 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 2
- Officers appointed
- 2
- 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.