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Cash

£10M

-9.7% vs 2024

Net assets

£59M

+12.9% highest in 4 filed years

Employees

118

+3.5% highest in 4 filed years

Profit before tax

£6.8M

+185% first positive since 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2021-12-312022-12-312024-12-312025-12-31 Δ vs prior
Turnover £1,406,815£326,597£1,315,579£904,934 -31.2%
Operating profit -£12,454,645-£2,325,568-£10,866,859-£7,118,424 +34.5%
Profit before tax £41,422,788-£13,187,517-£7,964,203£6,768,772 +185%
Net profit £41,422,788-£13,231,612-£7,951,841£6,768,772 +185.1%
Cash £2,223,071£7,342,665£11,443,391£10,336,609 -9.7%
Total assets less current liabilities £135,669,316£132,681,375£256,955,236£203,054,796 -21%
Net assets £44,553,567£31,321,955£52,303,823£59,072,595 +12.9%
Equity £44,553,567£31,321,955£52,303,823£59,072,595 +12.9%
Average employees 7179114118 +3.5%
Wages £4,746,986£5,507,487£8,408,855£8,934,909 +6.3%
Directors' remuneration £1,399,187£1,494,874£1,935,279£2,436,194 +25.9%

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 2021-12-312022-12-312024-12-312025-12-31
Return on capital employed -9.2%-1.8%-4.2%-3.5%
Gearing (liabilities / total assets) 81.5%
Current ratio 8.33x6.75x
Interest cover -1.32x-0.21x-0.80x-0.57x

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Name history

Renamed 4 times since incorporation

  1. ENRA SPECIALIST FINANCE LIMITED 2020-09-17 → present
  2. ENRA GROUP LIMITED 2016-09-27 → 2020-09-17
  3. ENRA GROUP LTD 2015-10-14 → 2016-09-27
  4. ENRA FINANCE LIMITED 2014-06-10 → 2015-10-14
  5. NEWINCCO 1271 LIMITED 2013-11-13 → 2014-06-10

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors are satisfied that the Company has adequate resources to continue to operate as a going concern for a period in excess of 12 months from the date of this report and have prepared the financial statements on that basis.”

Group structure

  1. ENRA SPECIALIST FINANCE LIMITED · parent
    1. Aria Finance Limited 100% · Advisor and packager of specialist loans
    2. Enra GP Limited 100% · Dormant
    3. West One Bridging Limited 100% · Dormant
    4. West One Capital Limited 100% · Dormant
    5. West One Development Finance Holdings Limited 100% · Funding intermediary
    6. West One Development Finance Limited 100% · Provision of unregulated loans
    7. West One Development Finance MidCo Limited 100% · Funding intermediary
    8. West One Loan Limited 100% · Provision of regulated and unregulated loans
    9. West One Secured Loans Holdings Limited 100% · Intermediate holding company
    10. West One Secured Loans Limited 100% · Provision of regulated and unregulated loans
    11. West One Commercial Mortgages Limited 100% · Provision of regulated and unregulated loans
    12. Watford Construction Limited 100%

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 6 resigned

Name Role Appointed Born Nationality
GESTETNER, Emily Henrietta Director 2014-03-27 Apr 1967 British
HOGG, Stephen Andrew Director 2019-10-11 Feb 1982 British
WATERS, Danny Stephen Director 2013-12-09 Oct 1984 British
Show 6 resigned officers
Name Role Appointed Resigned
OLSWANG COSEC LIMITED Corporate Secretary 2013-11-13 2013-12-09
CAMPBELL, David Alistair Director 2014-03-27 2017-02-06
LANDY, Harry Leon Director 2013-12-09 2022-09-02
MACKIE, Christopher Alan Director 2013-11-13 2013-12-09
OLSWANG DIRECTORS 1 LIMITED Corporate Director 2013-11-13 2013-12-09
OLSWANG DIRECTORS 2 LIMITED Corporate Director 2013-11-13 2013-12-09

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Eclipse Financing Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2024-12-12 Active
Galene Bidco Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2020-06-11 Ceased 2024-12-12
Newincco 1270 Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2020-06-11

Filing timeline

Last 20 of 65 total filings

Date Type Category Description
2026-05-28 AA accounts Accounts with accounts type full PDF
2026-01-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-16 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-08-22 AA accounts Accounts with accounts type full PDF
2025-01-21 CS01 confirmation-statement Confirmation statement with updates PDF
2025-01-21 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-01-21 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2024-11-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-24 AA accounts Accounts with accounts type full PDF
2023-11-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-07-05 AA accounts Accounts with accounts type full PDF
2022-11-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-11-10 PSC05 persons-with-significant-control Change to a person with significant control PDF
2022-11-07 TM01 officers Termination director company with name termination date PDF
2022-09-06 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2022-08-03 AA accounts Accounts with accounts type full
2021-11-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-09-28 AD01 address Change registered office address company with date old address new address PDF
2021-09-15 MR04 mortgage Mortgage satisfy charge full PDF
2021-09-15 MR04 mortgage Mortgage satisfy charge full PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page