CREATION CONSUMER FINANCE LIMITED

WELLINGTON BUILDINGS 6TH FLOOR, WELLINGTON BUILDINGS, 2 - 4 WELLINGTON STREET, BELFAST, BT1 6HT

Company Number: NI032565
Incorporation date: 19-Jun-1997
Status: Active
Entity type: Private Limited Company

SIC codes:
64921 Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors





SUMMARY

This company is 27.1 years old and is currently active. It is controlled by Creation Financial Services Limited. The company has positive equity (net assets) of GBP 172.3 million which has increased from GBP 158.6 million in the previous year. The company has 7 active officers (directors or partners) who are or were officers of 12 other companies, 4 (33.3%) 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 2 court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2018 GBP 155,493,000 8,760,000 35,917,000
31-Dec-2017 GBP 127,785,000 7,224,000 29,541,000
31-Dec-2016 GBP 108,152,000 6,755,000 25,807,000
31-Dec-2015 GBP 92,442,000 66,608,000 43,386,000 5,253,000 20,749,000
31-Dec-2014 GBP 154,091,000 65,807,000 35,292,000 6,459,000 24,056,000
31-Dec-2013 GBP 151,264,000 61,617,000 27,792,000 7,803,000 26,022,000
31-Dec-2012 GBP 147,792,000 64,694,000 25,000 25,238,000 6,878,000 32,603,000
31-Dec-2011 GBP 128,414,000 42,347,000 37,000 15,221,000 5,652,000 21,511,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2018 GBP 13,552,000 15,000,000 172,257,000
31-Dec-2017 GBP 15,011,000 15,000,000 158,617,000
31-Dec-2016 GBP 104,000 15,000,000 159,936,000
31-Dec-2015 GBP 312,886,000 15,000,000 119,602,000 184,781,000
31-Dec-2014 GBP 1,795,000 374,476,000 164,032,000
31-Dec-2013 GBP 1,923,000 1,059,096,000 198,000,000 15,000,000 74,797,000 139,976,000
31-Dec-2012 GBP 1,013,823,000 239,300,000 15,000,000 48,729,000 113,908,000
31-Dec-2011 GBP 950,945,000 291,090,000 15,000,000 16,294,000 81,473,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2014 GBP inf% -15,000,000 15,000,000 0 291,879,000
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active David Maurice CARSON 01 Apr 2016 21 Jul 2024 1 - 0
Resigned John Stewart MCCULLOGH 30 Mar 2007 31 Mar 2016 British 0 - 12
Resigned Robert David HOLMES 30 Mar 2007 09 May 2008 0 - 1
Resigned Geoffrey FARMER 19 Jun 1997 30 Mar 2007 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Anais RAYNAUD 25 Oct 2023 Director French 1 - 00 (0.0%)
Active Mike REDFERNE 30 Jun 2023 Non Executive Director British 2 - 00 (0.0%)
Active Bart VERVENNE 28 Jun 2023 Company Director Belgian 1 - 00 (0.0%)
Active Jean-Pierre CHARLES 05 May 2022 Company Director French 2 - 00 (0.0%)
Resigned Jean Pierre CHARLES 05 May 2022 31 May 2023 Company Director French 0 - 116 (54.5%)
Active Lakshmi Krishna MOORTHY 01 Oct 2021 Director British 7 - 00 (0.0%)
Active Ethel PARAUD 01 Oct 2021 Director French 2 - 00 (0.0%)
Resigned Martin Francois Lazare FAVRE 17 Jun 2019 11 Jan 2022 Chief Marketing & Commercial Officer French 0 - 20 (0.0%)
Resigned Marc DE KORVER 14 Mar 2019 18 Feb 2022 Director French 0 - 20 (0.0%)
Resigned Antonio Miguel CABACA 19 Dec 2018 01 Mar 2021 Company Director Portuguese 0 - 30 (0.0%)
Resigned Anne Marie Odile Albertine VERSTRAETEN 01 Jun 2018 20 Feb 2020 Company Director Belgian 1 - 93 (30.0%)
Resigned Marielle Laure GRIFFIN 19 Dec 2017 01 Oct 2021 Director Of Management Control French 0 - 20 (0.0%)
Resigned Gilles ZEITOUN 19 Dec 2017 19 Dec 2018 Deputy Head Of Region French 0 - 20 (0.0%)
Resigned Johannes Jacobus SNYMAN 31 Mar 2017 31 Aug 2020 Chief Operating Officer South African 0 - 20 (0.0%)
Resigned Xavier ANTIGLIO 01 Apr 2016 19 Dec 2017 Non Executive Director French 0 - 20 (0.0%)
Resigned Jetinder Singh UPPAL 16 Feb 2015 19 Dec 2018 Chief Risk Officer British 0 - 20 (0.0%)
Resigned Benoit Claude DILLY 16 Feb 2015 19 Dec 2017 Company Director French 0 - 3412 (35.3%)
Resigned Tony DEAKIN 16 Feb 2015 12 May 2016 Finance Director British 0 - 20 (0.0%)
Resigned Alain Carmelo, Monsieur VAN GROENENDAEL 16 Feb 2015 20 Aug 2015 Company Director Belgian 0 - 40 (0.0%)
Resigned Benoit Patrice Stephane CAVELIER 16 Feb 2015 26 Jun 2018 Company Director French 0 - 20 (0.0%)
Resigned Jacques DARRIGADE 30 Jan 2013 16 Feb 2015 Accounting Manager French 0 - 42 (50.0%)
Resigned Solange Magali Josiane TRAISNEL 30 Jan 2013 16 Feb 2015 Head Of Revenue Management - Laser France French 0 - 42 (50.0%)
Resigned Gordon RENNISON 30 Mar 2007 16 Feb 2015 Head Of Legal And Compliance British 0 - 64 (66.7%)
Resigned Stavros MAKARITIS 30 Mar 2007 11 Mar 2013 Hd Of Finance American 0 - 64 (66.7%)
Active Stephen Andrew Robert HUNT 30 Mar 2007 Company Director British 3 - 65 (55.6%)
Resigned Jean Pierre CHARLES 15 May 2006 23 Jan 2013 Director French 0 - 116 (54.5%)
Resigned Geoffrey Mark FARMER 30 Apr 2002 24 Aug 2007 Chartered Accountant Britiish 0 - 2221 (95.5%)
Resigned Paul Andrew ELLIOTT 19 Jun 1997 30 Mar 2007 Accountant British 0 - 2014 (70.0%)
Resigned Nigel David WILSON 19 Jun 1997 05 Nov 1999 Accountant British 0 - 10 (0.0%)
Resigned Joseph DOYLE 19 Jun 1997 05 Nov 1999 Company Director British 0 - 10 (0.0%)
Resigned Samuel DOWNEY 19 Jun 1997 30 Jun 2007 Credit Manager British 0 - 43 (75.0%)
Number of active directors: 7
Average tenure of active directors: 4.0 years
Average tenure of resigned directors: 3.6 years
Average active director Dissolution Rate: 7.9%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
BRITISH VEHICLE RENTAL AND LEASING ASSOCIATION LIMITED (00924401) - Active
ARVAL UK LIMITED (01073098) - Active
CREATION FINANCIAL SERVICES LIMITED (01091883) - Active
ARVAL UK LEASING SERVICES LIMITED (01171155) - Active
WEST MIDLANDS DEBT COLLECTIONS LIMITED (01393333) - Dissolved
ARVAL UK GROUP LIMITED (01534653) - Active
WESTFIELD PROPERTIES LIMITED (01876052) - Active
BNP PARIBAS FLEET HOLDINGS LIMITED (03997584) - Active
CREATION MARKETING SERVICES LIMITED (04358400) - Dissolved
PREMIUM FIRST LIMITED (04746915) - Dissolved
ALLDERS FINANCIAL SERVICES LIMITED (04977533) - Dissolved
CREATION CONSUMER FINANCE LIMITED (NI032565) - Active
CONSUMER COLLECTION LIMITED (NI033648) - Dissolved

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-06-192015-06-192014-06-192013-06-192012-06-19
CREATION FINANCIAL SERVICES LIMITEDORDINARY15,000,100
100%
15,000,100
100%
15,000,100
100%
15,000,100
100%
15,000,100
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

CREATION CONSUMER FINANCE LIMITED

no controlled companies

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2023-07-01 2023-12-31 20 4% 16% 80593
2023-01-01 2023-06-30 18 4% 17% 74226
2022-07-01 2022-12-31 22 5% 23% 67426
2022-01-01 2022-06-30 18 2% 12% 61280
2021-07-01 2021-12-31 16 1% 8% 54790
2021-01-01 2021-06-30 19 3% 9% 47886
2020-07-01 2020-12-31 19 2% 11% 41611
2020-01-01 2020-06-30 21 1% 19% 34630
2019-07-01 2019-12-31 18 2% 14% 27723
2019-01-01 2019-06-30 30 9% 27% 19067
2018-07-01 2018-12-31 35 12% 34% 12158
2018-01-01 2018-06-30 29 5% 31% 4009


COURT CASES


Date Title Reference Subject
2015-07-30 Allied Fort Insurance Services Ltd & Ors v Creation Consumer Finance Ltd (t/a 'Premium First') [2015] EWCA Civ 841
2013-03-15 Halliday v Creation Consumer Finance Ltd (CCF) [2013] EWCA Civ 333

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 64921 Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
BMW FINANCIAL SERVICES (GB) LIMITED SUMMIT ONE, SUMMIT AVENUE, FARNBOROUGH, ENGLAND, GU14 0FB 01288537 2017-12-31 870,090,000 231,774,000
CAPITAL ONE (EUROPE) PLC TRENT HOUSE, STATION STREET, NOTTINGHAM, NG2 3HX 03879023 2017-12-31 566,574,000 166,706,000
PARAGON BANKING GROUP PLC 51 HOMER ROAD, SOLIHULL, WEST MIDLANDS, UNITED KINGDOM, B91 3QJ 02336032 2018-09-30 451,900,000 145,800,000
PROVIDENT PERSONAL CREDIT LIMITED NO. 1, GODWIN STREET, BRADFORD, WEST YORKSHIRE, BD1 2SU 00146091 2018-12-31 339,900,000 -81,800,000
NEWDAY CARDS LTD 7 HANDYSIDE STREET, LONDON, ENGLAND, N1C 4DA 04134880 2018-12-31 259,100,000 26,200,000
RCI FINANCIAL SERVICES LIMITED RIVERS OFFICE PARK DENHAM WAY, MAPLE CROSS, RICKMANSWORTH, ENGLAND, WD3 9YS 03302462 2017-12-31 234,871,000 35,078,000
AMIGO LOANS LTD UNIT 11A,, THE AVENUE CENTRE, BOURNEMOUTH, ENGLAND, BH2 5RP 04841153 2018-03-31 210,600,000 72,200,000
ARROW GLOBAL LIMITED BELVEDERE, 12 BOOTH STREET, MANCHESTER, UNITED KINGDOM, M2 4AW 05606545 2017-12-31 153,292,000 2,254,000
CREATION CONSUMER FINANCE LIMITED WELLINGTON BUILDINGS 6TH FLOOR, WELLINGTON BUILDINGS, 2 - 4 WELLINGTON STREET, BELFAST, NORTHERN IRELAND, BT1 6HT NI032565 2017-12-31 127,785,000 29,541,000
HOME RETAIL GROUP CARD SERVICES LIMITED 33 HOLBORN, LONDON, ENGLAND, EC1N 2HT 04007072 2018-02-28 127,117,000 9,734,000
PREMIUM CREDIT LIMITED ERMYN HOUSE, ERMYN WAY, LEATHERHEAD, ENGLAND, KT22 8UX 02015200 2017-12-31 119,133,000 43,946,000
CREATION FINANCIAL SERVICES LIMITED CHADWICK HOUSE, BLENHEIM COURT, SOLIHULL, WEST MIDLANDS, B91 2AA 01091883 2017-12-31 86,676,000 28,024,000
ADVANTAGE FINANCE LIMITED 2 STRATFORD COURT C/O S&U PLC CRANMORE BOULEVARD, SHIRLEY, SOLIHULL, ENGLAND, B90 4QT 03773673 2018-01-31 78,882,000 24,458,000
S.D. TAYLOR LIMITED 11TH FLOOR LANDMARK ST PETER'S SQUARE, 1 OXFORD ST, MANCHESTER, M1 4PB 00550055 2017-12-31 50,741,000 1,513,000
WELLS FARGO CAPITAL FINANCE (UK) LIMITED 33 KING WILLIAM STREET, LONDON, UNITED KINGDOM, EC4R 9AT 02656007 2017-12-31 48,978,000 20,394,000
BLEMAIN FINANCE LIMITED LAKE VIEW, LAKESIDE, CHEADLE, CHESHIRE, SK8 3GW 01185052 2018-06-30 47,500,000 8,800,000
FIRST RESPONSE FINANCE LIMITED 5 REGAN WAY, CHETWYND BUSINESS PARK, CHILWELL, NOTTINGHAM, NOTTINGHAMSHIRE, UNITED KINGDOM 03560611 2018-03-31 41,023,376 11,684,534
THE CAR FINANCE COMPANY (2007) LTD THE OLD TOWN HALL, 71 CHRISTCHURCH ROAD, RINGWOOD, BH24 1DH 06060536 2018-06-30 21,835,000 -16,791,000
OAKMORE INVESTMENTS LIMITED 98 LIVERPOOL ROAD, FORMBY, LIVERPOOL, ENGLAND, L37 6BS 10321045 2017-12-31 20,334,041 0
MUTUAL CLOTHING & SUPPLY COMPANY LIMITED 39/43 BEDFORD STREET SOUTH, LEICESTER, LE1 3JN 00181701 2017-12-31 19,464,000 965,000
PARAGON FINANCE PLC 51 HOMER ROAD, SOLIHULL, WEST MIDLANDS, B91 3QJ 01917566 2018-09-30 13,244,000 12,255,000
PARTNERSHIP HOME LOANS LIMITED ENTERPRISE HOUSE, BANCROFT ROAD, REIGATE, SURREY, ENGLAND, RH2 7RP 05108846 2017-12-31 118,339 -447,895
CLB GLOBAL GROUP LTD 21 THE GATEWAY, WATFORD, HERTFORDSHIRE, WD18 7HW 07011241 2018-12-31 60,083 0
ROBIN OF HEATHFIELD LIMITED ELDERBURY HOUSE, HOWARDS THICKET, GERRARDS CROSS, BUCKINGHAMSHIRE, SL9 7NU 09245948 2018-09-30 18,417 0
RAVSPEED LTD 12 VICTORIA BUNGALOWS, MAIDSTONE ROAD, SIDCUP, ENGLAND, DA14 5BB 09442820 2018-03-31 14,489 0
REVLINK LIMITED UNIT 53 CARIOCCA BUSINESS PARK 2 HELLIDON CLOSE, ARDWICK, MANCHESTER, ENGLAND, M12 4AH 07209905 2018-03-31 800 0 68209-Other letting and operating of own or leased real estate
70210-Public relations and communications activities
70229-Management consultancy activities other than financial management
GLF LIMITED 7 PORCHESTER PLACE, LONDON, ENGLAND, W2 2BS 06758130 2017-12-31 0 0
ARROW GLOBAL INVESTMENTS HOLDINGS LIMITED BELVEDERE, 12 BOOTH STREET, MANCHESTER, UNITED KINGDOM, M2 4AW 06568603 0000-00-00 0 0
INTERNATIONAL PERSONAL FINANCE PLC 26 WHITEHALL ROAD, LEEDS, UNITED KINGDOM, LS12 1BE 06018973 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
CREATION CONSUMER FINANCE LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector 0.5% 3.3% 9.3% Medium
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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