{"name":"BLEND LOAN NETWORK LIMITED","company_number":"10025252","status":"Active","type":"Private Limited Company","incorporated":"2016-02-25","dissolved":null,"registered_office":"Evelyn House, 142-144 New Cavendish Street, London, England, W1W 6YF","postcode":"W1W 6YF","sic_codes":[{"code":64303,"description":"Activities of venture and development capital companies"}],"principal_activity":"The principal activity of the Company during the financial year was that of provision of short term loans.","previous_names":[{"name":"BLEND FUNDING LIMITED","changed_on":"2016-04-01"},{"name":"NEWCO FEBRUARY 2016 ONE LIMITED","changed_on":"2016-03-10"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":11,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","average_employees":11},{"financial_date":"2024-12-31","average_employees":11},{"financial_date":"2022-12-31","net_assets":3375506,"cash":2920300},{"financial_date":"2021-06-30","net_assets":661563,"cash":551905},{"financial_date":"2020-06-30","net_assets":887639,"cash":805056}],"officers":{"current":4,"resigned":2,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[{"date":"2026-10-06","kind":"other"}],"insolvency_outcome":null,"ai_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.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/blend-loan-network","people":"https://www.companiesintheuk.co.uk/company/blend-loan-network/people","filing_history":"https://www.companiesintheuk.co.uk/company/blend-loan-network/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/10025252","financials":"https://www.companiesintheuk.co.uk/company/blend-loan-network/financial","gazette":"https://www.companiesintheuk.co.uk/company/blend-loan-network/gazette","control":"https://www.companiesintheuk.co.uk/company/blend-loan-network/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/blend-loan-network/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/blend-loan-network"}