PAUL STREET FUNDING I LTD
Get an alert when PAUL STREET FUNDING I LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£2.4m
-76.9% vs 2024
Net assets
£52k
+1.9% highest in 3 filed years
Employees
0
Average over period
Profit before tax
£1.2k
0% vs 2024
Net assets
3-year trend · vs Industrials 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 |
|---|---|---|---|---|---|
| Turnover | — | £61,013,673 | £73,035,547 | +19.7% | |
| Operating profit | — | £1,200 | £1,200 | 0% | |
| Profit before tax | £243 | £1,200 | £1,200 | 0% | |
| Net profit | £224 | £900 | £972 | +8% | |
| Cash | £1,039,733 | £10,618,560 | £2,449,297 | -76.9% | |
| Total assets less current liabilities | £84,447,788 | £295,147,002 | £222,202,264 | -24.7% | |
| Net assets | £50,224 | £51,124 | £52,096 | +1.9% | |
| Equity | £50,224 | £51,124 | £52,096 | +1.9% | |
| Average employees | — | 0 | 0 | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | £0 | £0 | — |
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 | — | 0.0% | 0.0% | |
| Net margin | — | 0.0% | 0.0% | |
| Return on capital employed | — | 0.0% | 0.0% | |
| Gearing (liabilities / total assets) | 99.9% | 100.0% | 100.0% | |
| Current ratio | 5.30x | 3.03x | 4.84x | |
| Interest cover | — | 0.00x | — |
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
- PAUL STREET FUNDING I LTD 2023-09-21 → present
- PAUL STREET FUNDING I PLC 2023-05-01 → 2023-09-21
Audit & accounting basis
- Accounting basis
- UK-adopted IAS
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation, based on current and anticipated future performance, capital and liquidity position that the Company will continue to operate for a period of at least 12 months from the date of approval of the financial statements. The financial statements have, therefore, been prepared on a going concern basis.”
Significant events
- “The Company was incorporated on 18 October 2023 as a special purpose vehicle for the purposes of acquiring the beneficial title in unsecured consumer loans including accrued interest and fees owing on the Loans originated by Lendable Limited.”
- “On 18 October 2023, the Company entered into a Receivable Sale Agreement whereby it would purchase Loans from time to time from the Seller.”
- “On 18 October 2023, the Company entered into the Senior VFN Facility Agreement with BNP Paribas who is the Committed Original Senior VFN Holder.”
- “There have been no other significant events since the year end that would require adjustment or disclosure to these financial statements as at 31 December 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| IQ EQ SECRETARIES (UK) LIMITED | Corporate Secretary | 2023-05-01 | — | — |
| IRISH, Matthew Edward Alphage | Director | 2024-06-13 | Mar 1979 | British |
| KHAN, Ahmed | Director | 2023-05-01 | Dec 1978 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LEJUNE, Amy Nicole | Director | 2025-05-29 | 2025-07-31 |
| WEHLAU, Olesya | Director | 2023-05-01 | 2024-06-13 |
Ownership
Persons with significant control
Filing timeline
Last 17 of 17 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-09-21 RR02 Reregistration public to private company
- 2023-09-21 CERT10 Certificate re registration public limited company to private
- 2023-09-21 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-24 | AA | accounts | Accounts with accounts type full | |
| 2026-04-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-11 | AA | accounts | Accounts with accounts type full | |
| 2025-05-29 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-10 | AA | accounts | Accounts with accounts type full | |
| 2024-07-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-14 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-23 | AA01 | accounts | Change account reference date company current shortened | |
| 2023-10-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-09-21 | RR02 | change-of-name | Reregistration public to private company | |
| 2023-09-21 | MAR | incorporation | Re registration memorandum articles | |
| 2023-09-21 | CERT10 | change-of-name | Certificate re registration public limited company to private | |
| 2023-09-21 | RESOLUTIONS | resolution | Resolution | |
| 2023-05-01 | NEWINC | incorporation | Incorporation company |
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.