Active09682276Private limited companyBromsgrove

DESTINY FINANCE LTD

Significant control: Jefta Madzingo (50–75%), Sibert Mandega (25–50%)

Companies HouseCompanies House

From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms

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Registered activity: Life insurance (SIC 65110). We’re building product and service lists for UK companies. Get this one when it’s ready.

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01

Summary

Generated from filed data · no estimates

DESTINY FINANCE LTD is an active private limited company (company number 09682276) incorporated on 13 July 2015, registered in Bromsgrove. Its registered activity is life insurance (SIC 65110). Latest small accounts cover the period ending 30 June 2025, showing net assets of £869k and cash of £274k, with 16 employees on average. Net assets rose 58% on the prior period (£549k).

Peer position · net assets

By net assets it sits in the top quarter of 817 comparable companies in the UK (median £19k, upper quartile £132k).

02

Ownership and control

2 active
  • Mr Jefta Madzingo
    Individual · since 1 July 2016
    • owns 50–75% of shares
    • holds 50–75% of voting rights
    • can appoint or remove directors
  • Dr Sibert Mandega
    Individual · since 21 April 2021
    • owns 25–50% of shares
    • holds 25–50% of voting rights
    • can appoint or remove directors

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.

03

Key dates

Incorporated
13 July 201511 yrs ago
Next accounts due
30 March 2027in 155 days
Confirmation statement due
27 July 2027in 274 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

04

Activity

SIC 65110
Life insurance
SIC 65120
Non-life insurance
SIC 66220
Activities of insurance agents and brokers
Accounts type
Total Exemption Full
Size band
SmallCompanies Act thresholds
05

Financials

2 periods on record · latest ending 30 June 2025
Net assets
£869k
+58%vs Jun 2024
Cash at bank
£274k
+7%vs Jun 2024
Turnover
Not reported
Employees
16
+60%vs Jun 2024
Net assets
£869k
Cash at bank
£274k
Average employees
16
Filed accounts by period, newest first
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
30 June 2025£869k£274k£636k———16
30 June 2024£549k£257k£200———10
Cash per employee£17kCash ÷ average employees

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

06

Filing and accounts signals

Facts from the register · no rating
  • Net assets above zeroNet assets £869,383 at 30 June 2025
  • Net assets up 10% or more on the prior period+58.4% vs prior period
  • Cash at bank of £50,000 or moreCash £274,198
  • Incorporated five or more years agoIncorporated 13 July 2015

Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.

07

Timeline

Newest first
  1. Confirmation statement duein 274 days
  2. Next accounts duein 155 days
  3. Accounts period endNet assets £869k · small accounts
  4. Accounts period endNet assets £549k · small accounts
  5. Incorporated
08

Similar companies in Birmingham

Same activity (life insurance), closest in incorporation date
09

Reminders for DESTINY FINANCE LTD

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.

Source: Companies House register, snapshot 2026-08-31; accounts from the Companies House accounts data product. Open Government Licence v3.0. View on Companies House. Methodology · About · Markdown.