Accounts to Nov 2019 filed - seem OK to me. (UB)

Not really. The company lost >£150k (large negative retained earnings decreased by a further £150k) and there's a going concern statement. Unless stakeholders are willing to keep throwing money at it or they turn a profit...

In which case a potential competitor looming does not look like good news for them www.p2pfinancenews.co.uk/2020/12/21/new-pawnbroker-p2p-platform-to-launch-next-year/

Usual insightful reporting by p2pfn.

Thread has been deleted or I do not have permission... but I think I've got the important info, thank you star dust

A long gap between the year end date and the filing of the accounts at Companies House (11+ months here) is typically not a good omen from my perspective.

If this long gap is due to the (long) time taken to finalise and approve the accounts, then this tardiness does not reflect well, especially for a company dealing with other people's funds.

If the accounts were ready, but deliberately withheld from filing until the latest deadline date mandated by CH (I have known this to happen often with some other companies) then this makes me wonder as to whether the directors have some bad news they are trying to hide/delay disclosing to the public as much as they can.

Here the accounts were 'approved' and 'authorised for issue by the directors on 15 October 2020' i.e. 10.5 months after the year end date and then filed at CH on 11 Nov 2020.

If a mega FTSE 100 company like Barclays Bank (with a significantly more complex structure and diverse range of transactions) can file its audited accounts for ye 31 Dec 2019 with CH on 12 May 2020, i.e. within 4.5 months, then I expect a relatively smaller and 'simpler' financial organisation to do better than 11+ months.

Also, expect a company dealing with other people's funds to have their accounts audited (even if not required by law) as a matter of good practise and for building confidence. As noted by iRobot , the accounts here are unaudited.

Caveat emptor.