FINTEC GROUP LIMITED

22 CHANCERY LANE, LONDON, WC2A 1LS

Previous name: ITEC GROUP LIMITED (changed on 26-Apr-2017)

Company Number: 06538527
Incorporation date: 18-Mar-2008
Status: Active
Entity type: Private Limited Company

SIC codes:
64910 Financial leasing





SUMMARY

This company is 16 years old and is currently active. It is controlled by multiple entities. No P&L financials are available but there is Balance Sheet data. The company has positive equity (net assets) of GBP 929.4 thousand which has decreased from the previous year's figure of GBP 1.1 million. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -121.8 thousand in the last reported period. Retained earnings is negative (GBP -2.2 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 2 active officers (directors or partners) who are or were officers of 26 other companies, 15 (57.7%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 31-May-2025
Accounts Filed: TOTAL EXEMPTION FULL (28-Feb-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
28-Feb-2020 GBP -348
28-Feb-2019 GBP -189,293


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
28-Feb-2023 GBP 85,551 811,405 216,561 139,425 3,128,037 -2,198,616 929,421
28-Feb-2022 GBP 774,380 623,763 300,995 1,394,253 3,128,037 -2,076,791 1,051,246
28-Feb-2021 GBP 573,162 500,213 285,432 2,294,253 3,128,037 -2,166,917 961,120
29-Feb-2020 GBP 58,219 1,061,666 671,644 3,593,234 3,128,037 -2,301,766 826,271
28-Feb-2020 GBP 58,219 1,061,666 671,644 3,593,234 3,128,037 -2,301,766 826,271
28-Feb-2019 GBP 264,327 1,010,968 251,935 3,564,449 3,128,037 -2,301,418 826,619

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Michelle VAN HUYSSTEEN 23 Mar 2021 29 Mar 2024 1 - 0
Resigned Robert Allan MATTHEWS 16 Sep 2008 09 Jan 2013 0 - 16
Resigned POVEY LITTLE SECRETARIES LIMITED 18 Mar 2008 15 Sep 2008 3 - 823

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Jeel Bharat SHAH 23 Mar 2021 Investment Manager British 4 - 81 (8.3%)
Active Philip James PERKINS 01 Sep 2018 Company Director British 5 - 2416 (55.2%)
Resigned Philip James PERKINS 25 Apr 2018 08 Jun 2018 Operational Director British 5 - 2416 (55.2%)
Resigned Jacques DUYVER 08 Jan 2018 05 Feb 2019 Investor Belgian 1 - 84 (44.4%)
Resigned Philip James PERKINS 17 Mar 2011 09 Jan 2018 Operational Director British 5 - 2416 (55.2%)
Resigned Robert Allan MATTHEWS 16 Sep 2008 09 Jan 2013 Accountant British 0 - 1614 (87.5%)
Resigned Jacques Margareth Jacques DUYVER 19 Jun 2008 10 Oct 2008 Ceo Belgian 0 - 32 (66.7%)
Resigned David Terence John SHARPIN 19 Mar 2008 30 Sep 2008 Consultant British 0 - 2218 (81.8%)
Resigned POVEY LITTLE DIRECTORS LIMITED 18 Mar 2008 02 Apr 2008 0 - 387251 (64.9%)
Number of active directors: 2
Average tenure of active directors: 4.3 years
Average tenure of resigned directors: 1.9 years
Average active director Dissolution Rate: 31.8%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
ITEC CONNECT LTD (02219814) - Active
TIME BUSINESS SYSTEMS LIMITED (03297839) - Active
MAIL A DOC LIMITED (06301068) - Active
FINTEC GROUP LIMITED (06538527) - Active
BOOST VENTURE CAPITAL LIMITED (06541974) - Dissolved
ITEC GROUP FINANCE LIMITED (06544877) - Dissolved
ITEC EUROPE LIMITED (06565768) - Active - Proposal to Strike off
INVESTMENT OPLIX LIMITED (06565801) - Active - Proposal to Strike off
ITEC CENTRALISED SERVICES LIMITED (06708502) - Dissolved
CITRUS DIGITAL LIMITED (06833702) - Active
OPLIX GROUP LIMITED (06892827) - Active - Proposal to Strike off
FUNDI LIMITED (07026935) - Dissolved
FUNDI LONDON LIMITED (07077488) - Dissolved
PORTRAYAL LTD (07886405) - Dissolved
ITEC3D LIMITED (08380155) - Dissolved
ITEC CREATE LIMITED (08785628) - Dissolved
ITEC NORTHERN LIMITED (09413380) - Dissolved
NF ALPHA LTD (09697058) - Active - Proposal to Strike off
NF BETA LTD (09897135) - Active
NF GAMMA LTD (09897171) - Active
INVESTMENT ITEC CONNECT LIMITED (10479965) - Liquidation
INVESTMENT FINTEC GROUP LIMITED (10480005) - Active
ITEC EMPLOYEE HOLDINGS LIMITED (10522568) - Liquidation
OPLIX LIMITED (10610080) - Active - Proposal to Strike off
PARTNER COLLECTIVE LIMITED (10717716) - Active
BAYTREE 4 LIMITED (12562635) - Active
BUDDHI CAPITAL LTD (12853322) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

FINTEC GROUP LIMITED

Controlled companies below

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 64910 Financial leasing)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
MOTABILITY OPERATIONS LIMITED CITY GATE HOUSE, 22 SOUTHWARK BRIDGE ROAD, LONDON, SE1 9HB 01373876 2018-09-30 4,178,600,000 63,800,000
ALPHABET (GB) LIMITED ALPHABET HOUSE, SUMMIT AVENUE, FARNBOROUGH, HAMPSHIRE, GU14 0FB 03282075 2017-12-31 1,296,673,000 44,089,000 64921-Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
ARVAL UK LIMITED WHITEHILL HOUSE, WINDMILL HILL, SWINDON, WILTSHIRE, SN5 6PE 01073098 2017-12-31 1,147,363,000 20,375,000 77110-Renting and leasing of cars and light motor vehicles
FCE BANK PLC FCE BANK PLC, ARTERIAL ROAD, LAINDON, ESSEX, ENGLAND, SS15 6EE 00772784 2018-12-31 724,000,000 227,000,000 64929-Other credit granting not elsewhere classified
HITACHI CAPITAL (UK) PLC NOVUNA HOUSE, THORPE ROAD, STAINES-UPON-THAMES, ENGLAND, TW18 3HP 01630491 2018-03-31 624,800,000 92,900,000 64921-Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
64992-Factoring
HYUNDAI CAPITAL UK LIMITED LONDON COURT, 39 LONDON ROAD, REIGATE, SURREY, UNITED KINGDOM, RH2 9AQ 07945949 2017-12-31 440,329,000 28,356,000 64921-Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
SANTANDER CONSUMER (UK) PLC SANTANDER HOUSE, 86 STATION ROAD, REDHILL, SURREY, RH1 1SR 02248870 2017-12-31 368,737,000 87,434,000 64921-Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
ALPHA PARTNERS LEASING LIMITED 1 BREWER'S GREEN, LONDON, UNITED KINGDOM, SW1H 0RH 04133746 2017-12-31 254,561,000 75,394,000 77351-Renting and leasing of air passenger transport equipment
BNP PARIBAS LEASING SOLUTIONS LIMITED MIDPOINT, ALENCON LINK, BASINGSTOKE, HAMPSHIRE, ENGLAND, RG21 7PP 00901225 2017-12-31 193,012,000 31,084,000
SIEMENS FINANCIAL SERVICES LIMITED SEFTON PARK, BELLS HILL, STOKE POGES, BUCKINGHAMSHIRE, SL2 4JS 00646166 2017-09-30 158,296,000 30,077,000
MERCANTILE LEASING COMPANY (NO.132) LIMITED 1 CHURCHILL PLACE, LONDON, E14 5HP 02895722 2017-12-31 144,916,000 196,000
FCA AUTOMOTIVE SERVICES UK LTD 250 BATH ROAD, SLOUGH, SL1 4DX 02739931 2017-12-31 135,692,000 46,530,000 64921-Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
64929-Other credit granting not elsewhere classified
64992-Factoring
DE LAGE LANDEN LEASING LIMITED 2ND FLOOR, BUILDING 1 MARLINS MEADOW, CROXLEY PARK, WATFORD, HERTFORDSHIRE, ENGLAND, WD18 8YA 02380043 2017-12-31 131,265,000 19,746,000
LLOYDS BANK COMMERCIAL FINANCE LIMITED NO 1, BROOKHILL WAY, BANBURY, OXON, OX16 3EL 00733011 2017-12-31 110,663,000 10,644,000 64999-Financial intermediation not elsewhere classified
MONEYBARN NO.1 LIMITED ATHENA HOUSE, BEDFORD ROAD, PETERSFIELD, UNITED KINGDOM, GU32 3LJ 04496573 2017-12-31 95,526,000 5,588,000 64921-Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
77110-Renting and leasing of cars and light motor vehicles
INVESTEC ASSET FINANCE PLC READING INTERNATIONAL BUSINESS PARK, READING, RG2 6AA 02179313 2018-03-31 93,866,000 19,918,000
JCB FINANCE LTD THE MILL, HIGH STREET, ROCESTER, NR UTTOXETER, ST14 5JW 00972265 2017-12-31 93,621,284 20,015,633
CNH INDUSTRIAL CAPITAL EUROPE LIMITED ROOM 32-521, CRANES FARM ROAD, BASILDON, ESSEX, SS14 3AD 03420615 2017-12-31 69,459,000 7,375,000
CATERPILLAR FINANCIAL SERVICES (UK) LIMITED FRIARS GATE 1011 STRATFORD ROAD, SHIRLEY, SOLIHULL, WEST MIDLANDS, ENGLAND, B90 4BN 02538373 2017-12-31 59,040,000 -5,668,000
BARCLAYS MERCANTILE BUSINESS FINANCE LIMITED INSPIRED, EASTHAMPSTEAD ROAD, BRACKNELL, ENGLAND, RG12 1YQ 00898129 2017-12-31 47,300,000 29,400,000 70100-Activities of head offices
SOCIETE GENERALE EQUIPMENT FINANCE LIMITED PARKSHOT HOUSE, 5 KEW ROAD, RICHMOND, SURREY, TW9 2PR 03596854 2017-12-31 41,116,000 16,831,000
N.I.I.B. GROUP LIMITED 1 DONEGALL SQUARE SOUTH, BELFAST, BT1 5LR NI003721 2018-12-31 40,286,882 17,681,712
SANTANDER ASSET FINANCE PLC 2 TRITON SQUARE, REGENT'S PLACE, LONDON, NW1 3AN 01533123 2017-12-31 37,140,000 21,987,000 77390-Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified
SANTANDER ASSET FINANCE (DECEMBER) LIMITED 2 TRITON SQUARE, REGENT'S PLACE, LONDON, UNITED KINGDOM, NW1 3AN 01562865 2017-12-31 28,627,031 3,893,995
AZULE LIMITED DASHWOOD HOUSE, OLD BROAD STREET, LONDON, UNITED KINGDOM, EC2M 1QS 03151043 2017-06-30 20,536,194 0
G. WALTERS (LEASING) LIMITED HIRWAUN HOUSE 13TH AVENUE, HIRWAUN INDUSTRIAL E, HIRWAUN, ABERDARE, MID GLAMORGAN, CF44 9UL 03788464 2018-02-28 19,490,431 0
PITNEY BOWES FINANCE LIMITED 5 CHURCHILL PLACE, 10TH FLOOR, LONDON, UNITED KINGDOM, E14 5HU 00820730 2017-12-31 12,110,000 9,789,000
ROUTE2MOBILITY LIMITED 22 SOUTHWARK BRIDGE ROAD, LONDON, SE1 9HB 04560102 2018-09-30 2,950,702 17,778
GE CAPITAL UK LIMITED 1 MORE LONDON PLACE, LONDON, SE1 2AF 02549477 2017-12-31 1,078,000 -95,644,000
CLANRAY LIMITED MARTLETS, RIDGEWAY ROAD, DORKING, ENGLAND, RH4 3AY 04512478 2017-12-31 556,719 0
PALL MALL BROKERS LIMITED FARRS COTTAGE HIGH STREET, RIPLEY, WOKING, SURREY, ENGLAND, GU23 6AY 06033426 2018-04-30 514,746 0
RMJ FINANCE LIMITED 156 BROAD ROAD, SALE, CHESHIRE, ENGLAND, M33 2FY 09642745 2018-06-30 490,339 0
COLONIAL EQUIPMENT FINANCE LTD. 1 WALNUT COURT, ROSE STREET, WOKINGHAM, BERKSHIRE, RG40 1XU 06503507 2018-12-31 424,761 0 77330-Renting and leasing of office machinery and equipment (including computers)
MULTIPLI LIMITED ALBANY HOUSE, CLAREMONT LANE, ESHER, SURREY, KT10 9FQ 10609487 2018-06-30 313,419 0 64992-Factoring
MOOR LEASING LIMITED ILKLEY HALL, ILKLEY HALL PARK, ILKLEY, ENGLAND, LS29 9LD 04660617 2018-03-31 243,113 0
SURREY AND HANTS FINANCE LIMITED FARRS COTTAGE, RIPLEY, WOKING, SURREY, ENGLAND, GU23 6WD 07639811 2017-12-31 130,570 0
CROWN FINANCE LIMITED BEKE LODGE, BEKE HALL CHASE NORTH, RAYLEIGH, ESSEX, SS6 9EZ 03979955 2018-04-30 35,456 0
COMPETITIVE EDGE (UK) LIMITED SUNNY BANK 5 THORNLEY LANE, GROTTON, OLDHAM, ENGLAND, OL4 5RH 02659967 2018-03-31 26,340 0
EUROPEAN COMMERCIAL LEASING LTD 385, PO BOX 385, THE AVENUE, TADWORTH, ENGLAND, KT20 9FN 09512504 2019-03-31 21,300 0
MOTABILITY LEASING LIMITED CITY GATE HOUSE, 22 SOUTHWARK BRIDGE ROAD, LONDON, SE1 9HB 06542987 2018-09-30 0 0
MOTABILITY HIRE PURCHASE LIMITED 22 SOUTHWARK BRIDGE ROAD, LONDON, SE1 9HB 06543350 2018-09-30 0 0
FAF CAPITAL LIMITED CAPITAL TOWER, 91 WATERLOO ROAD, LONDON, ENGLAND, SE1 8RT 09768566 2018-09-30 0 0
BNP PARIBAS LEASE GROUP PLC MIDPOINT, ALENCON LINK, BASINGSTOKE, HAMPSHIRE, ENGLAND, RG21 7PP 02341989 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
FINTEC GROUP LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector 1.0% 5.9% 10.3% Medium
Age 0.4% 1.7% 3.3% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.5% 2.1% 4.2% Medium
Accounting Month 0.5% 2.1% 5.6% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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