Koromo UK 1 PLC
Financial intermediation not elsewhere classified · London
ActiveUnited KingdomIncorporated 2024Public Limited Company
Financial position
Accounts to 2026-03-31 · GBP · Company accounts
Net assets
£72,096
Cash
£3,501,500
Turnover
—
Profit / loss
−£583,243
Current assets
£216,828,306
Creditors < 1 year
£216,756,210
Equity
£72,096
Average employees
Not available
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2026-03-31Company · AI-read | 2025-03-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £72,096 | £655,339 |
| Equity | £72,096 | £655,339 |
| Share capital | £50,000 | £50,000 |
| Retained earnings | £22,096 | £605,339 |
| Assets | ||
| Fixed assets | — | £208,831,072 |
| Current assets | £216,828,306 | £293,039,642 |
| Cash at bank | £3,501,500 | £7,024,370 |
| Debtors | £65,074 | £50,000 |
| Liabilities | ||
| Creditors within one year | £216,756,210 | £286,575,683 |
| Creditors after one year | — | £214,639,692 |
| Net current assets | £72,096 | £6,463,959 |
| Assets less current liabilities | £72,096 | £215,295,031 |
| Profit & loss | ||
| Interest receivable | £21,922,782 | £17,142,971 |
| Interest payable | £16,637,267 | £13,608,932 |
| Profit before tax | −£582,993 | £605,464 |
| Tax | £250 | £125 |
| Profit / loss | −£583,243 | £605,339 |
| Operating costs | ||
| Audit fees | £65,625 | £62,500 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2026-03-31 say about themselves, read by AI from the scanned filing.
- Going concern
- The auditor reported a material uncertainty about going concern
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- TFSUK
- Ultimate parent
- Toyota Motor Corporation
- Ultimate controlling party
- Toyota Motor Corporation
- Accounts
- FRS 102
- Approved
- 2026-08-27, signed by Umar Khan
Related parties (9)
- CSC Capital Markets (UK) Limited · Corporate services fees paid and accrued; £15,074 prepaid · £84,589 (2025: £26,426); £15,074 (2025: £nil) prepaid
- TFSUK · Immediate parent and controlling party · Deemed Loan asset · 213,240,761
- TFSUK · Immediate parent and controlling party · Deemed Loan asset · 494,191,380
- TFSUK · Immediate parent and controlling party · Accrued expenses - servicing fees liability · 338,738
- TFSUK · Immediate parent and controlling party · Accrued expenses - servicing fees liability · 558,887
- TFSUK · Immediate parent and controlling party · Deemed Loan interest · 21,262,310
- TFSUK · Immediate parent and controlling party · Deemed Loan interest · 15,145,079
- TFSUK · Immediate parent and controlling party · Servicing fees · 5,097,991
- TFSUK · Immediate parent and controlling party · Servicing fees · 3,372,594
Borrowings (3)
- Class A Notes · £500,000,000 Class A Notes · SONIA + 0.6% · due in October 2034
- Class B Notes · £157,895,000 Class B Notes · fixed interest rate of 5% · due in October 2034
- Subordinated Loan provided by TFSUK · £7,000,000 · fixed interest rate of 5%
Share classes (2)
- 50,000 Ordinary of £1
- 50,000 Ordinary of £1
Events after the year end (1)
- There have been no reportable events subsequent to the financial reporting date.
Contingent liabilities (1)
- There were no contingent liabilities or commitments as of 31 March 2026.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
8 outstanding chargesFixed · created 2025-03-24
—
OutstandingFixed · created 2025-02-24
—
OutstandingFixed · created 2025-01-23
—
OutstandingFixed · created 2024-12-23
—
OutstandingFixed · created 2024-11-25
—
OutstandingFixed · created 2024-10-23
—
OutstandingFixed · created 2024-09-26
—
OutstandingAll Assets · created 2024-09-26
—
Outstanding