Believe Loans Limited
10712649
Some Concerns
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 30/06/2025
Due 14/07/2026
Industry
Officers
director · Since 19/04/2018
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 42
Also on 8 other boards
director · Since 01/03/2019
NONE
BRITISH · ENGLAND · Age 48
Also on 10 other boards
director · Since 18/09/2025
DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 55 other boards
director · Since 18/09/2025
DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 50 other boards
Persons with Significant Control
Believe Money Group Limited
1st Floor Barclays Bank, Heavens Walk, Doncaster, DN4 5HZ
Reg: 10712693 · Registrar Of Companies (England And Wales) · Private Limited Company
Notified 20/04/2018
Former PSCs
Mr Graeme Stuart Richardson
Ceased 19/05/2017
Mr Joe Daniels
Ceased 20/04/2018
Charges1 outstanding
AETHER FINANCIAL SERVICES UK LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN
AG ASSETCO LIMITED
BARCLAYS SECURITY TRUSTEE LIMITED
OAK BARREL INVESTMENTS, LLC
CompanyRankvs 2685+ SIC 64922 peers29
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
-£595k
Balance sheet strength
Cash
£68k
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£1.1M
Debtors
£459k
Profit After Tax
-£1.4M
Tax at Year End(2021)
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | — | -£1.4M |
| 2023 | — | +£127k |
| 2022 | — | +£198k |
| 2021 | — | +£24k |
| 2020 | 4.28 | +£59k |
| 2020 | 2.75 | +£413k |
| 2019 | 0.80 | +£6k |
| 2018 | 0.52 | — |
Derived from filed accounts. Not audited figures.