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Cash

Latest balance sheet

Net assets

£267M

-5.5% vs 2024

Employees

287

+20.1% vs 2024

Profit before tax

£39M

+63.8% vs 2024

Accounts

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

Metric Trend 2024-12-312025-12-31 Δ vs prior
Turnover £155,500,000
Operating profit £51,400,000
Profit before tax £23,500,000£38,500,000 +63.8%
Net profit £26,500,000£38,800,000 +46.4%
Cash £121,000,000
Total assets less current liabilities
Net assets £281,900,000£266,500,000 -5.5%
Equity £281,900,000£266,500,000 -5.5%
Average employees 239287 +20.1%
Wages £15,600,000£19,000,000 +21.8%
Directors' remuneration £1,100,000£1,500,000 +36.4%

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 2024-12-312025-12-31
Operating margin 33.1%
Net margin 17.0%
Gearing (liabilities / total assets) 87.0%89.9%
Interest cover 3.65x

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

  1. ECLIPSE MIDCO LIMITED 2022-02-25 → present
  2. SPMCAB NO. 5 LIMITED 2021-10-20 → 2022-02-25

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Consolidated group
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“As a result, the Directors are satisfied that the Group and the Company have adequate resources to continue to operate as a going concern for a period of at least 12 months from the date of this report and have prepared the financial statements on that basis.”

Group structure

  1. ECLIPSE MIDCO LIMITED · parent
    1. Eclipse Financing Limited 100% · England and Wales
    2. Aria Finance Limited 100% · England and Wales · Specialist broker and distributor
    3. Enra Development Bond Co Limited 100% · England and Wales · Funding intermediary
    4. Enra GP Limited 100% · England and Wales · Dormant
    5. Enra Specialist Finance Limited 100% · England and Wales · Intermediate holding company
    6. West One Bridging Limited 100% · England and Wales · Dormant
    7. West One Capital Limited 100% · England and Wales · Dormant
    8. West One Commercial Mortgages Limited 100% · England and Wales · Commercial mortgage lending
    9. West One Development Finance Holdings Limited 100% · England and Wales · Funding intermediary
    10. West One Development Finance Limited 100% · England and Wales · Short term finance
    11. West One Development Finance MidCo Limited 100% · England and Wales · Funding intermediary
    12. West One Loan Limited 100% · England and Wales · Short term finance
    13. West One Secured Loans Holdings Limited 100% · England and Wales · Intermediate holding company
    14. West One Secured Loans Limited 100% · England and Wales · Term mortgage lending

Significant events

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

People

2 active · 6 resigned

Name Role Appointed Born Nationality
GESTETNER, Emily Henrietta Director 2022-09-02 Apr 1967 British
WATERS, Danny Stephen Director 2022-09-02 Oct 1984 British
Show 6 resigned officers
Name Role Appointed Resigned
APEX TRUST CORPORATE LIMITED Corporate Secretary 2022-02-25 2022-09-02
BENFORD, Colin Arthur Director 2021-10-20 2022-02-25
MARTIN, Sean Peter Director 2021-10-20 2022-03-04
MONAHAN, Richard James Director 2022-03-03 2022-09-02
APEX CORPORATE SERVICES (UK) LIMITED Corporate Director 2022-02-25 2022-03-04
APEX TRUST CORPORATE LIMITED Corporate Director 2022-02-25 2022-03-04

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Eclipse Topco Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2022-02-25 Active
Apex Trust Nominees No. 1 Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2021-10-20 Ceased 2022-02-25

Filing timeline

Last 20 of 38 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-09-29 RESOLUTIONS Resolution
  • 2022-09-09 RESOLUTIONS Resolution
Date Type Category Description
2026-05-28 AA accounts Accounts with accounts type full PDF
2025-11-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-29 SH20 capital Legacy
2025-09-29 SH19 capital Capital statement capital company with date currency figure
2025-09-29 CAP-SS insolvency Legacy
2025-09-29 RESOLUTIONS resolution Resolution
2025-09-16 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-09-08 AA accounts Accounts with accounts type group
2024-11-04 CS01 confirmation-statement Confirmation statement with updates PDF
2024-08-16 AA accounts Accounts with accounts type group
2023-10-24 CS01 confirmation-statement Confirmation statement with updates PDF
2023-07-15 AA accounts Accounts with accounts type group
2023-02-16 AA01 accounts Change account reference date company previous shortened PDF
2022-11-27 CS01 confirmation-statement Confirmation statement with updates PDF
2022-09-12 SH01 capital Capital allotment shares PDF
2022-09-09 RESOLUTIONS resolution Resolution
2022-09-08 AD01 address Change registered office address company with date old address new address PDF
2022-09-08 TM02 officers Termination secretary company with name termination date PDF
2022-09-08 TM01 officers Termination director company with name termination date PDF
2022-09-08 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

last 12 months

Capital events
2

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