PRECISE MORTGAGE FUNDING 2020-1B PLC

Dissolved Basildon

Activities of mortgage finance companies

0 employees website.com
Activities of mortgage finance companiesFinancial intermediation not elsewhere classified
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PRECISE MORTGAGE FUNDING 2020-1B PLC

Activities of mortgage finance companies

Founded 22 Nov 2019 Dissolved Basildon, United Kingdom 0 employees website.com
Activities of mortgage finance companiesFinancial intermediation not elsewhere classified
Accounts Submitted 8 Jul 2024 Next due 30 Sept 2025 9 months overdue
Confirmation Submitted 27 Nov 2024 Next due 5 Dec 2025 7 months overdue
Net assets £-2M £9M 2023 year on year
Total assets £221M £48M 2023 year on year
Total Liabilities £222M £39M 2023 year on year
Charges 1
1 satisfied

Contact & Details

Contact

Registered Address

18a Capricorn Centre Cranes Farm Road Basildon Essex SS14 3JJ

Full company profile for PRECISE MORTGAGE FUNDING 2020-1B PLC (12329730), a dissolved company based in Basildon, United Kingdom. Incorporated 22 Nov 2019. Activities of mortgage finance companies. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2023
Type full
Next accounts 31 Dec 2024
Due by 30 Sept 2025 9 months overdue

Balance Sheet & P&L (2020–2023)

Cash in Bank

£19.94M

Increased by £11.76M (+144%)

Net Assets

-£1.51M

Decreased by £9.03M (-120%)

Total Liabilities

£222.38M

Decreased by £39.37M (-15%)

Turnover

£16.99M

Increased by £8.23M (+94%)

Employees

N/A

Debt Ratio

101%

Increased by 4 (+4%)

Financial History

Revenue, profit, EBITDA and key financial figures

2023
31 Dec Year End
2022
31 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

Share Capital

Share Capital

Share allotments and capital structure

1 Allotment 49,999 Shares £12k Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
3 Dec 201949,999£12k£0.25

Officers

Officers

3 active
Status
Csc Corporate Services (uk) LimitedCorporate-secretaryUnknownUnknown22 Nov 2019Active
Csc Directors (no.2) LimitedCorporate-directorUnknownUnknown22 Nov 2019Active
Tammenmaa, OskariDirectorFinnishUnited Kingdom4624 Feb 2025Active

Shareholders

Shareholders (1)

Precise Mortgage Holdings 2020-1b Limited
100.0%

Persons with Significant Control

Persons with Significant Control (1)

1 Active
Notified 22 Nov 2019
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Group Structure

Group Structure

PRECISE MORTGAGE FUNDING 2020-1B PLC Current Company

Charges

Charges

1 satisfied

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
30 Mar 2026InsolvencyLiquidation Voluntary Members Return Of Final Meeting
11 Aug 2025MortgageMortgage Satisfy Charge Full
24 Feb 2025OfficersAppointment of Mr Oskari Tammenmaa as director on 24 Feb 2025
24 Feb 2025OfficersTermination of John Paul Nowacki as director on 24 Feb 2025
27 Nov 2024Confirmation StatementConfirmation statement made on 21 Nov 2024 with no updates
30 Mar 2026 Insolvency

Liquidation Voluntary Members Return Of Final Meeting

11 Aug 2025 Mortgage

Mortgage Satisfy Charge Full

24 Feb 2025 Officers

Appointment of Mr Oskari Tammenmaa as director on 24 Feb 2025

24 Feb 2025 Officers

Termination of John Paul Nowacki as director on 24 Feb 2025

27 Nov 2024 Confirmation Statement

Confirmation statement made on 21 Nov 2024 with no updates

Recent Activity

Latest Activity

Liquidation Voluntary Members Return Of Final Meeting

2 months ago on 30 Mar 2026

Mortgage Satisfy Charge Full

9 months ago on 11 Aug 2025

Appointment of Mr Oskari Tammenmaa as director on 24 Feb 2025

1 years ago on 24 Feb 2025

Termination of John Paul Nowacki as director on 24 Feb 2025

1 years ago on 24 Feb 2025

Confirmation statement made on 21 Nov 2024 with no updates

1 years ago on 27 Nov 2024