SME INVOICE FINANCE LIMITED
Company number 03591079 · Monitor this company
Executive summary
SME Invoice Finance Limited operates as a specialized, bank-owned factoring platform within the UK alternative finance sector, leveraging its status as a Metro Bank subsidiary to secure a structural funding advantage over non-bank competitors. While elevated interest rates and SME cash flow pressures drive demand for its working capital solutions, the firm must navigate rising debtor default risks and the capital constraints inherent to its parent's regulated banking framework. Ultimately, its competitive positioning is defined by the balance between the low-cost funding benefits of bank ownership and the strategic rigidity imposed by group-level regulatory requirements.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1998-07-01
- Registered office
- METRO BANK PLC, One, Southampton Row, London, WC1B 5HA
- Postcode
- WC1B 5HA
- Capital
- 2,184,608 GBP
- Accounts category
- Full
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-06-26
- Next due by
- 2027-07-10
Nature of business (SIC)
- 64992 Factoring
Officers 3 current · 26 resigned
Group structure 2 subsidiaries
Controlled by METRO BANK PLC — since 2016-04-06
From persons-with-significant-control filings on the public register.
Modern slavery statement
Registered a modern slavery statement for 2024 (period to 2023-12-31) as part of the METRO BANK HOLDINGS PLC group statement — 2 years on the registry.
Read the statement summary on the government modern slavery statement registry. Contains public sector information licensed under the Open Government Licence v3.0.
Previous company names
| Name | Date changed |
|---|---|
| MILLENNIUM INVOICE FINANCE LIMITED | 2000-02-22 |
| VIDEOGATE LIMITED | 1999-08-17 |
Previous registered addresses 4
| Address | Changed on |
|---|---|
| CHERTSEY HOUSE, 56-58 CHERTSEY STREET, GUILDFORD, SURREY, GU1 4HL | 2013-08-11 |
| 22 MELTON STREET, LONDON, NW1 2BW | 2002-07-04 |
| 5 YOULDEN DRIVE, CAMBERLEY, SURREY GU15 1AL | 2000-03-09 |
| 16 CHURCHILL WAY, CARDIFF, CF1 4DX | 1998-07-30 |
Among its peers
2nd oldest
of 15 similar companies in WC, trading since 1998
The class of 1998
43%
of the 55,901 companies incorporated in 1998 are still active today; 54% 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.