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FOREST ASSET FINANCE LIMITED

Company
FOREST ASSET FINANCE LIMITED (04953180)

FOREST ASSET FINANCE

Phone: 01425 485 685
A⁺ rating

ABOUT FOREST ASSET FINANCE LIMITED

Forest Asset Finance Limited is an asset finance packager based in Ringwood, Hampshire. We are part of the successful and independent Asset Alliance Group.

Forest Asset Finance specialises in the provision of funding to the bus and coach market. As experts in this market, we are well placed to understand the unique demands of your industry.

To show our commitment to the industry we are pleased to be associate members of the CPT, we regularly attend the Album conference for local authority bus companies as well as various national bus and coach exhibitions.

Forest Asset Finance, being an own book funder and intermediary enables us to have complete flexibility. We believe we have the largest portfolio of funders in the intermediary market. This enables us to provide options and flexibility. Having access to an extensive list of finance organisations enables us to provide you with the asset finance product that’s most appropriate for your company.

Our core business is therefore about saving you time and money on bus and coach vehicles new or used.

Whether you are looking for a single vehicle or a fleet of buses and coaches or any other business asset purchase, we have the in-depth knowledge and specialist industry experience to provide an individual finance and asset management solution – covering the full life cycle:

We are independent and have key supply relationships not with one or some, but with all leading UK and European bus and coach manufacturers.

If required our group Fleet Management team can also help tailor to your needs for full fleet management and contract hire solutions.

Forest Asset Finance was established to deliver specialist bus and coach asset finance to UK operators.

Asset finance history, the company was founded by Michael Bycroft and Darren Fitzpatrick in 2004 and quickly grew through the packaging of exceptional finance and brokering services uniquely serving the bus and coach industry in the UK.

Forest Asset Finance

was acquired and became the fourth company within the expanding Asset Alliance Group, who had already acquired companies in the commercial vehicle sector where they offer tailored finance solutions for the acquisition of CV assets.

The group company was founded in 2010 by Willie Paterson, former Managing Director of Alliance & Leicester Commercial Finance PLC with investment capital from one of the UK’s leading private equity companies, Cabot Square Capital LLP.

As a large independent provider, we have access to multiple lending organisations. We talk to a wide variety of funders and source the best

package for you. You not only benefit with the correct product but you only need speak with us, saving you valuable time.

, we have a scale of lending support to our clients and have the largest portfolio of funders in the intermediary market. This enables us to provide options and flexibility. Having access to an extensive list of finance organisations enables us to provide you with the

product that’s right for you and without you have to deal individually with a large number of finance providers often without the finance clout to achieve the best rates. We will always provide details of the finance options and any fees upfront, so you are comfortable with the packages we provide.

We not only lend, we purchase and refinance for our clients. We can also buy your assets outright and tailor monthly contracts to your needs. We are therefore a true asset management company responding to the “in-life” and “end-of-life” aspects of the assets you have, protecting our clients and supporting your interests by maximising residual values and thereby further helping to reduce costs below competitor rates.

Our business model is therefore very different and has been designed to meet the needs of customers now and in the future.

The Forest Asset Finance approach is that we believe we offer a much greater range of support services and complement our core brokerage service with a range of other products through the strength of our Group to suit client needs. Our aim is to make this process as simple and time efficient as possible. You can talk to us whether you are just exploring alternatives or indeed when you have found the new or second hand vehicle’s you wish to purchase. Although we are a specialist lender to the transportation industry, we do not only provide finance for businesses who operate bus and coach companies and we have many examples of supporting other asset purchases from computer equipment to racking systems.

We are a small specialist team and as a Forest client or potential client you will be dealing with a business director at all times and supported by a senior team of experienced account managers.

We have built our business on personal attention tailored solutions and strong client relationships.

represent some of the leading bus and coach operators in the UK. We also support a number of clients across several sectors, notably the UK commercial vehicle sector and we are proud to have quickly established key relationships with bus and coach clients both large and small.

We have built our business on personal attention and tailored solutions together with strong client relationships that stand the test of time.

KEY FINANCES

Year
2015
Assets
£525.79k ▲ £79.68k (17.86 %)
Cash
£407.29k ▲ £151.49k (59.22 %)
Liabilities
£108.22k ▲ £24.72k (29.61 %)
Net Worth
£417.57k ▲ £54.96k (15.16 %)

REGISTRATION INFO

Company name
FOREST ASSET FINANCE LIMITED
Company number
04953180
Status
Active
Categroy
Private Limited Company
Date of Incorporation
04 Nov 2003
Age - 21 years
Home Country
United Kingdom

CONTACTS

Website
www.forestassetfinance.co.uk
Phones
01425 485 685
01902 508 498
01698 389 945
Registered Address
EDWIN HOUSE BOUNDARY INDUSTRIAL ESTATE,
STAFFORD ROAD,
WOLVERHAMPTON,
ENGLAND,
WV10 7EL

ECONOMIC ACTIVITIES

64999
Financial intermediation not elsewhere classified

THIS BUSINESS IN SOCIAL MEDIA

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LAST EVENTS

04 Jan 2017
Termination of appointment of Allan Thomas Evans as a director on 31 December 2016
07 Nov 2016
Confirmation statement made on 4 November 2016 with updates
12 Sep 2016
Full accounts made up to 31 December 2015

CHARGES

25 September 2007
Status
Satisfied on 13 November 2013
Delivered
27 September 2007
Persons entitled
Bank of Ireland Business Finance Limited
Description
All the companys rights title and interest in sub-hire…

29 August 2007
Status
Satisfied on 13 November 2013
Delivered
5 September 2007
Persons entitled
Bank of Ireland Business Finance Limited
Description
All the companys rights title and interest in sub-hire…

See Also


Last update 2018

FOREST ASSET FINANCE LIMITED DIRECTORS

Darren James Fitzpatrick

  Acting
Appointed
25 November 2003
Occupation
Director
Role
Secretary
Nationality
British
Address
Edwin House, Boundary Industrial Estate, Stafford Road, Wolverhampton, England, WV10 7EL
Name
FITZPATRICK, Darren James

Michael Edward Bycroft

  Acting
Appointed
25 November 2003
Occupation
Director
Role
Director
Age
51
Nationality
British
Address
Edwin House, Boundary Industrial Estate, Stafford Road, Wolverhampton, England, WV10 7EL
Country Of Residence
England
Name
BYCROFT, Michael Edward

Darren James Fitzpatrick

  Acting
Appointed
25 November 2003
Occupation
Director
Role
Director
Age
53
Nationality
British
Address
Edwin House, Boundary Industrial Estate, Stafford Road, Wolverhampton, England, WV10 7EL
Country Of Residence
England
Name
FITZPATRICK, Darren James

James Stuart Jenkins

  Acting
Appointed
22 December 2015
Occupation
Sales Director
Role
Director
Age
58
Nationality
British
Address
Edwin House, Boundary Industrial Estate, Stafford Road, Wolverhampton, England, WV10 7EL
Country Of Residence
England
Name
JENKINS, James Stuart

Adrian Michael Lannon

  Acting
Appointed
01 January 2016
Occupation
Company Director
Role
Director
Age
59
Nationality
British
Address
Edwin House, Boundary Industrial Estate, Stafford Road, Wolverhampton, England, WV10 7EL
Country Of Residence
England
Name
LANNON, Adrian Michael

Douglas Brown Mcarthur

  Acting
Appointed
22 December 2015
Occupation
Chartered Accountant
Role
Director
Age
62
Nationality
British
Address
Edwin House Boundary Industrial Estate, Stafford Road, Wolverhampton, England, WV10 7ER
Country Of Residence
Scotland
Name
MCARTHUR, Douglas Brown

Richard James Mcdougall

  Acting
Appointed
22 December 2015
Occupation
Director
Role
Director
Age
45
Nationality
British
Address
Edwin House, Boundary Industrial Estate, Stafford Road, Wolverhampton, England, WV10 7EL
Country Of Residence
United Kingdom
Name
MCDOUGALL, Richard James

William Hamilton Paterson

  Acting
Appointed
22 December 2015
Occupation
Director
Role
Director
Age
58
Nationality
British
Address
Edwin House, Boundary Industrial Estate, Stafford Road, Wolverhampton, England, WV10 7EL
Country Of Residence
Scotland
Name
PATERSON, William Hamilton

HCS SECRETARIAL LIMITED

  Resigned
Appointed
04 November 2003
Resigned
06 November 2003
Role
Nominee Secretary
Address
44 Upper Belgrave Road, Clifton, Bristol, Uk, BS8 2XN
Name
HCS SECRETARIAL LIMITED

Jennifer Bycroft

  Resigned
Appointed
01 April 2013
Resigned
22 December 2015
Occupation
Director
Role
Director
Age
50
Nationality
British
Address
Edwin House, Boundary Industrial Estate, Stafford Road, Wolverhampton, England, WV10 7EL
Country Of Residence
England
Name
BYCROFT, Jennifer

Allan Thomas Evans

  Resigned
Appointed
22 December 2015
Resigned
31 December 2016
Occupation
Company Director
Role
Director
Age
70
Nationality
British
Address
Edwin House, Boundary Industrial Estate, Stafford Road, Wolverhampton, England, WV10 7EL
Country Of Residence
England
Name
EVANS, Allan Thomas

Leigh Ann Fitzpatrick

  Resigned
Appointed
01 April 2013
Resigned
22 December 2015
Occupation
Director
Role
Director
Age
55
Nationality
British
Address
Edwin House, Boundary Industrial Estate, Stafford Road, Wolverhampton, England, WV10 7EL
Country Of Residence
England
Name
FITZPATRICK, Leigh Ann

David Anthony Wilkinson

  Resigned
Appointed
01 July 2004
Resigned
30 September 2010
Occupation
Company Director
Role
Director
Age
69
Nationality
British
Address
35 Lake Road, Verwood, Dorset, BH31 6BX
Country Of Residence
England
Name
WILKINSON, David Anthony

HANOVER DIRECTORS LIMITED

  Resigned
Appointed
04 November 2003
Resigned
06 November 2003
Role
Nominee Director
Address
44 Upper Belgrave Road, Bristol, BS8 2XN
Name
HANOVER DIRECTORS LIMITED

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