Uncapped Finance Iii Ltd

Active14284836Financial servicesIncorporated 9 Aug 2022 · London

The company is a special purpose company acting as a funding intermediary for the Uncapped Group of Companies. This information on the Group including the consolidated financial statements of the parent, Uncapped Ltd, as at 30 April 2024 and may be obtained from Companies House. The company has entered into a funding arrangement with a Funding Facility Provider. The proceeds from this funding arrangements are used to acquire a portflio of loans assets issued by Uncapped Finance Limited. The loans acquired by the company have not been recognised in the balance sheet of the coampany since these have not met the de-recognition criteria in the financial statements of Uncapped Finance Limited. The amount paid by the company to acquire the loan portfolio is therefore classified as a deemed loan to Uncapped Finance Limited in the financial statements of the company.

Revenue

£6.7m

No comparable prior period

Profit after tax

£0

Margin 0.0%

Employees

3

— vs prior ~12m period

Net assets

£1

Total assets £65.3m

Financial history

Revenue by accounting period

3 periods available · ▲ growth ▼ decline

Aug 2022
Not available
Apr 2023
£2.4m
Apr 2024
£6.7m▲ +185.0%
Period endRevenueGrowthProfit before taxEmployeesNet assets
30 Apr 2024£6.7m▲ +185.0%—3£1
30 Apr 2023£2.4m—£03£1
8 Aug 2022———0—

Some periods are not about 12 months apart, usually because the company changed its year end or the register holds more than one set of accounts for a year. Growth is shown only against a prior period roughly 12 months earlier.

Latest available figures

Period ending 30 Apr 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

These are the most recent accounts available to us; more recent accounts may exist at Companies House.

Profit & loss

Revenue
£6.7m
Gross profit
£984k
Operating profit
£0
Profit before tax
Not available
Profit after tax
£0

Balance sheet

Total assets
£65.3m
Cash
£10.0m
Total liabilities
£65.3m
Net assets
£1
Revenue per employee
£2.2m

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