OPTION FINANCE LTD

Active
Company number 10906532Private limited companyIncorporated 2017

Key figures

£29,975-9.2%
Net assets 2024/25
-5.0%
Average annual change 2019/20–2024/25
020 k40 k60 k80 k2019/202020/212021/222022/232023/242024/25

Like most small UK companies, OPTION FINANCE LTD does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.

Ratios

2024/25

Sector comparison

SIC 70221

Where the company stands among the 15,070 active companies whose first SIC code is 70221 (Financial management).

Net assets£29,975
Higher than 61% · median £13,100
Total assets£49,931
Higher than 53% · median £42,547
Cash£2,272
Lower than 79% · median £23,230
Employees0
Lower than 65% · median 1
Company age9.3 years
Older than 66% · median 6.3 years
Largest in this sector by net assets
  1. INEOS FINANCE COMPANY 3 LIMITED£9.8bn
  2. KELDA FINANCE (NO.1) LIMITED£1.2bn
  3. THE SCOTT TRUST ENDOWMENT LIMITED£1.2bn
  4. TESCO CORPORATE TREASURY SERVICES PLC£1.2bn
  5. TRUE POTENTIAL GROUP LIMITED£1.1bn
  6. KELDA FINANCE (NO.2) LIMITED£584.4m
  7. JERA NEX FINCO LIMITED£557.4m
  8. PCC UK FINANCE LIMITED£286.6m
  9. SIRIUS UK1 LIMITED£255.3m
  10. SUPERSTRUCT ENTERTAINMENT INTERNATIONAL HOLDING LIMITED£219.5m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 15,070. The line on each bar marks the median.

Summary: OPTION FINANCE LTD

What kind of company is it?

OPTION FINANCE LTD is a private limited company registered with Companies House under company number 10906532. It was incorporated on 9 Aug 2017. Its status is active. The registered office is in Derby (DE1). Its nature of business (SIC 2007) is financial management (70221).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Aug 2025); the company files small company accounts (filleted). Net assets were £29,975, down 9.2% on the previous year. Cash at bank and in hand was £2,272. Total assets were £49,931 and total liabilities £20,355. The company had an average of 0 employees. Figures are available for 6 financial years (2019/20–2024/25).

How does it compare with similar companies?

Compared with 15,070 active companies whose first SIC code is 70221: By net assets it ranks higher than 61% of them (median £13,100). By total assets it ranks higher than 53% of them (median £42,547). By cash it ranks lower than 79% of them (median £23,230). By number of employees it ranks lower than 65% of them (median 1). It is older than 66% of them (median age 6.3 years).

Who runs and controls the company?

The company has 1 current director. One person with significant control is registered.

When are its next filings due?

The next accounts are due by 31 May 2027. The next confirmation statement is due by 17 May 2027.

Filed accounts2019/20–2024/25
2020/212021/222022/232023/242024/25
Cash at bank and in hand115,396100,49841,0781,2652,272
Total assets115,396—117,04874,73749,931
Total liabilities101,41434,21152,24042,26720,355
Net assets / total equity15,13167,05365,33733,00229,975
Average number of employees55000

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

History

15 events
  1. Financial year 2024/25 endedAccounts: net assets £30k, 0 employees
  2. Financial year 2023/24 endedAccounts: net assets £33k, 0 employees
  3. Financial year 2022/23 endedAccounts: net assets £65.3k, 0 employees
  4. Financial year 2021/22 endedAccounts: net assets £67.1k, 5 employees
  5. Financial year 2020/21 endedAccounts: net assets £15.1k, 5 employees
  6. Lee Damien TONKS resignedDirector
  7. Mr Lee Damien Tonks ceased to be a person with significant control
  8. Lee Damien TONKS appointedDirector
Earlier events (7)
  1. Financial year 2019/20 endedAccounts: net assets £38.8k, 1 employee
  2. Lee Damien TONKS resignedDirector
  3. Davinder Singh THAKAR appointedDirector
  4. Lee Damien TONKS appointedDirector
  5. Mr Davinder Singh Thakar registered as a person with significant control
  6. Mr Lee Damien Tonks registered as a person with significant control
  7. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.