NASSAU GLOBAL CREDIT (UK) LLP
Get an alert when NASSAU GLOBAL CREDIT (UK) LLP files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£3.3M
+509.9% vs 2024
Net assets
£10M
+24.5% vs 2024
Employees
—
Average over period
Profit before tax
£6.7M
+6.8% vs 2024
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £5,588,473 | £7,405,001 | +32.5% | |
| Operating profit | — | — | — | |
| Profit before tax | £6,234,296 | £6,657,693 | +6.8% | |
| Net profit | £2,579,073 | £2,275,673 | -11.8% | |
| Cash | £547,135 | £3,337,212 | +509.9% | |
| Total assets less current liabilities | £64,890,329 | £88,134,195 | +35.8% | |
| Net assets | £8,374,201 | £10,426,300 | +24.5% | |
| Equity | £8,374,201 | £10,426,300 | +24.5% | |
| Average employees | — | — | — | |
| Wages | — | — | — | |
| Members' remuneration | £3,655,223 | £4,382,020 | +19.9% |
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 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Net margin | 46.1% | 30.7% | |
| Gearing (liabilities / total assets) | 87.3% | 88.5% | |
| Current ratio | 3.65x | 2.98x |
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
- NASSAU GLOBAL CREDIT (UK) LLP 2023-07-24 → present
- NASSAU CORPORATE CREDIT (UK) LLP 2020-08-14 → 2023-07-24
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Management has concluded that the Partnership will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
Significant events
- “The business issued an additional Euro denominated CLO, Nassau CLO 5 on 02 May 2025. Nassau CLO 6 DAC was issued on 26 March 2026.”
- “In January 2026, the majority of the subordinated note holders of CLO IV, managed and invested in by the Partnership, consented to refinance the CLO structure. In February 2026, the partnerships investments in the CLO were called, and the partnership reinvested in the refinanced structure to maintain the 5% risk retention. The refinance reduced the overall spread on both the investments in the CLO, as well as the repurchase agreements.”
- “On 26 March 2026 the Company issued its sixth Euro denominated CLO, Nassau CLO 6 DAC. In accordance with European Securitisation Regulation 2017/2402 the Company retained approximately €20,200,000 or 5% of the notes issued by the CLO entity to comply with the risk retention requirement.”
- “On 27 and 29 April 2026 the Company funded approximately €250,000 and €415,000, respectively, into the CLO 7 Warehouse in accordance with the Warehouse Deed entered into effective 20 January 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NASSAU NGC BLOCKER (UK) LTD. | Corporate LLP Designated Member | 2020-08-14 | — | — |
| NGC MANAGEMENT (UK) LTD | Corporate LLP Designated Member | 2020-08-14 | — | — |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MACKAY, Graham William Gordon | LLP Member | 2020-12-02 | 2021-03-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ncc Management (Uk) Ltd | Corporate entity | Voting 25–50% (LLP), Surplus assets 25–50% (LLP) | 2020-08-14 | Ceased 2020-08-14 |
Filing timeline
Last 20 of 25 total filings
Material constitutional events — rename, articles re-file, resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-11 | AA | accounts | Accounts with accounts type full | |
| 2025-08-27 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-31 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2025-05-16 | AA | accounts | Accounts with accounts type full | |
| 2024-10-28 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2024-08-19 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-19 | LLPSC08 | persons-with-significant-control | Notification of a person with significant control statement limited liability partnership | |
| 2024-08-19 | LLPSC07 | persons-with-significant-control | Cessation of a person with significant control limited liability partnership | |
| 2024-05-08 | AA | accounts | Accounts with accounts type full | |
| 2023-10-09 | AA | accounts | Accounts with accounts type full | |
| 2023-08-29 | LLCH02 | officers | Change corporate member limited liability partnership with name change date | |
| 2023-08-25 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-24 | LLCH02 | officers | Change corporate member limited liability partnership with name change date | |
| 2023-07-24 | CERTNM | change-of-name | Certificate change of name company | |
| 2023-07-24 | LLNM01 | change-of-name | Change of name notice limited liability partnership | |
| 2023-03-09 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2022-08-24 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-20 | AA | accounts | Accounts with accounts type full | |
| 2021-08-27 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-26 | ANNOTATION | miscellaneous | Legacy |
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.