BLEND LOAN NETWORK LIMITED
Company number 10025252 · Monitor this company
Executive summary
BLEND LOAN NETWORK LIMITED presents a concerning financial trajectory characterised by persistent and accelerating losses that have consumed approximately 78% of shareholder capital. While the company remains solvent with £1.26M in net assets and carries no long-term debt, the 47% decline in cash reserves during FY2024 and the £871k operating loss raise material questions about the viability of the short-term bridging loan business model without additional capital injection. The PSC register contains inconsistencies that require clarification, and the absence of a full P&L statement under the small companies regime limits visibility into revenue generation and cost structure. At the current burn rate, the company faces material liquidity risk within 18-24 months.
Shareholders' funds
£5,870,093
Balance sheet as at 2022-12-31
What it does
The principal activity of the Company during the financial year was that of provision of short term loans.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2016-02-25
- Employees
- 11 (2025 accounts)
- Registered office
- Evelyn House, 142-144 New Cavendish Street, London, England, W1W 6YF
- Postcode
- W1W 6YF
- Capital
- 15 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-02-24
- Next due by
- 2027-03-10
Nature of business (SIC)
- 64303 Activities of venture and development capital companies
Officers 4 current · 2 resigned
Group structure 3 subsidiaries
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZA193706 (Tier 1), registered since 2016.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous company names
| Name | Date changed |
|---|---|
| BLEND FUNDING LIMITED | 2016-04-01 |
| NEWCO FEBRUARY 2016 ONE LIMITED | 2016-03-10 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 121 GREAT PORTLAND STREET, 4TH FLOOR, LONDON, W1W 6QL, ENGLAND | 2018-06-28 |
| YORK HOUSE EMPIRE WAY, WEMBLEY, MIDDLESEX, HA9 0FQ, ENGLAND | 2018-03-26 |
Among its peers
Top 5%
by shareholders' funds, of 300 similar companies in W
Among the biggest employers among its local peers (11 staff).
Trading since 2016.
No.12 of the largest activities of venture and development capital companies companies in London →
Competitors London
-
3. ERANTHIS LTD
This company ranks 12 among activities of venture and development capital companies in London.
The class of 2016
35%
of the 386 companies in this sector incorporated in 2016 are still active today; 62% have since been dissolved.
A fact about the year, not a forecast for this company.
This company's registered activities are in financial services. If it carries on regulated business, it should appear on the FCA's Financial Services Register — the official record of authorised firms.