CompanyTrack
H

HSBC ASSET FINANCE (UK) LIMITED

Active

Financial intermediation not elsewhere classified

0 employees
Financial intermediation not elsewhere classified
H

HSBC ASSET FINANCE (UK) LIMITED

Financial intermediation not elsewhere classified

Founded 31 Mar 1928 Active , United Kingdom 0 employees
Financial intermediation not elsewhere classified
Accounts Submitted 25 Sept 2025
Confirmation Statement Submitted 2 May 2025
Net assets £52.86M £1.90M 2024 year on year
Total assets £87.17M £65.71M 2024 year on year
Total Liabilities £0.00
Charges 1
1 outstanding

AI Analysis

AI Analysis

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Contact & Details

Registered Address

8 Canada Square London E14 5HQ

Credit Report

Discover HSBC ASSET FINANCE (UK) LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2015–2024)

Cash in Bank

N/A

Net Assets

£52.86M

Increased by £1.90M (+4%)

Total Liabilities

N/A

Turnover

£7.63M

Increased by £7.03M (+1174%)

Employees

N/A

Debt Ratio

N/A

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

Officers

4 active 57 resigned
Status
Hsbc Corporate Secretary (uk) LimitedCorporate-secretaryUnited KingdomUnknown30 Jun 2022Active
Okechukwu UwakweDirectorIrishEngland5612 Sept 2017Active
Rex Man-hin TangDirectorAmericanUnited Kingdom4429 Jul 2022Active
Victoria Kathleen CrowleyDirectorBritishUnited Kingdom5329 Jul 2022Active

Shareholders

Shareholders (2)

Hsbc Bank Plc
100.0%
23,000,00014 May 2018
Hsbc Asset Finance Holdings Limited
0.0%
014 May 2018

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased

Hsbc Bank Plc

United Kingdom

Active
Notified 28 Feb 2018
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Hsbc Asset Finance Holdings Limited

Ceased 28 Feb 2018

Ceased

Group Structure

Group Structure

HSBC BANK PLC united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
HSBC HOLDINGS PLC united kingdom
HSBC ASSET FINANCE (UK) LIMITED Current Company
ASSETFINANCE DECEMBER (H) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
ASSETFINANCE DECEMBER (M) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
ASSETFINANCE DECEMBER (R) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
ASSETFINANCE DECEMBER (W) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
ASSETFINANCE JUNE (A) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
ASSETFINANCE JUNE (E) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
ASSETFINANCE LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
ASSETFINANCE MARCH (B) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
ASSETFINANCE MARCH (F) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
ASSETFINANCE SEPTEMBER (F) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
FORWARD TRUST RAIL SERVICES LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
SOUTH YORKSHIRE LIGHT RAIL LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
SWAN NATIONAL LEASING (COMMERCIALS) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
SWAN NATIONAL LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

Charges

1 outstanding

Documents

Company Filings

DateCategoryDescriptionDocument
25 Sept 2025AccountsAnnual accounts made up to 2024-12-31View(26 pages)
2 May 2025Confirmation StatementConfirmation statement made on 2025-05-02 with no updatesView(3 pages)
21 Nov 2024OfficersChange to director Rex Man-Hin Tang on 2024-11-19View(2 pages)
6 Aug 2024AccountsAnnual accounts made up to 2023-12-31View(25 pages)
12 Jun 2024AccountsAnnual accounts made up to 2022-12-31View(24 pages)
25 Sept 2025 Accounts

Annual accounts made up to 2024-12-31

2 May 2025 Confirmation Statement

Confirmation statement made on 2025-05-02 with no updates

21 Nov 2024 Officers

Change to director Rex Man-Hin Tang on 2024-11-19

6 Aug 2024 Accounts

Annual accounts made up to 2023-12-31

12 Jun 2024 Accounts

Annual accounts made up to 2022-12-31

Recent Activity

Latest Activity

Annual accounts made up to 2024-12-31

3 months ago on 25 Sept 2025

Confirmation statement made on 2025-05-02 with no updates

8 months ago on 2 May 2025

Change to director Rex Man-Hin Tang on 2024-11-19

1 years ago on 21 Nov 2024

Annual accounts made up to 2023-12-31

1 years ago on 6 Aug 2024

Annual accounts made up to 2022-12-31

1 years ago on 12 Jun 2024