1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 12B-25 NOTIFICATION OF LATE FILING /SEC FILE NUMBER 1-7067/ (Check One): / / Form 10-K / / Form 20-F /X/ Form 11-K / / Form 10-Q / / Form N-SAR /CUSIP NUMBER 909870 20 6/ For the year ended December 31, 1994 ------------------ [ ] Transition Report on Form 10-K [ ] Transition Report on Form 20-F [ ] Transition Report on Form 11-K [ ] Transition Report on Form 10-Q [ ] Transition Report on Form N-SAR For the Transition Period _________________________________________ If the notification relates to a portion of the filing checked above, identify the Item(s) to which the PART I - REGISTRANT INFORMATION ----------------------------------------------------------------------------------------------------------------- UNITED COMPANIES FINANCIAL CORPORATION ----------------------------------------------------------------------------------------------------------------- Full Name of Registrant ----------------------------------------------------------------------------------------------------------------- Former Name if Applicable 4041 ESSEN LANE ----------------------------------------------------------------------------------------------------------------- Address of Principal Executive Office (Street and Number) BATON ROUGE, LA 70809 ----------------------------------------------------------------------------------------------------------------- City, State and Zip Code PART II - RULES 12b-25(b) AND (c) If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate) (a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense; (b) The subject annual report, semi-annual report, transition report on Form 10-K, /X/ Form 20-F, 11-K, Form N-SAR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report of transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and (c) The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable. 2 PART III - NARRATIVE UNITED COMPANIES FINANCIAL CORPORATION EMPLOYEES' SAVINGS PLAN DECEMBER 31, 1994 As further explained in Exhibits I and II attached hereto, information regarding transactions of the United Companies Financial Corporation Employees' Savings Plan (the "401-K Plan") for the year ended December 31, 1994 which was necessary to complete the financial statements and schedules required by Form 11-K was not received from the third party recordkeeper until June 26, 1995. The delay in receiving such information precluded the preparation of the financial statements and supplementary information required by Form 11-K to permit such information to be audited and filed timely. The Plan Administrator will undertake to file the Annual Report on Form 11-K for the 401-K Plan no later than fifteen calendar days following June 29, 1995, the prescribed due date for filing the report. 3 PART IV - OTHER INFORMATION (1) Name and telephone number of person to contact in regard to this notification Sherry E. Anderson (504) 924-6007 ext 2286 ------------------------------- -------------- --------------------- (Name) (Area Code) (Telephone Number) (2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) been filed? If answer is no, identify report(s). /X/ Yes / / No - ----------------------------------------------------------------------------------------------------------------------- (3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? / / Yes /X/ No If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made. - ----------------------------------------------------------------------------------------------------------------------- UNITED COMPANIES FINANCIAL CORPORATION -------------------------------------------- (Name of Registrant as Specified in Charter) has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized. Date June 29, 1995 /s/ Sherry E. Anderson ----------------------- ------------------------------------ By Sherry E. Anderson Sr. Vice President & Secretary 4 EXHIBIT I [Letterhead of The Principal Financial Group] June 28, 1995 The Plan Administrative Committee for the United Companies Financial Corporation Employees' Savings Plan United Companies Financial Corporation 4041 Essen Lane Baton Rouge, LA 70809-2129 Gentlemen: This letter is to confirm that The Principal Financial Group was unable to complete the transaction report and audit package for the United Companies Financial Corporation Employees' Savings Plan for the plan year ending 12/31/94 until June 26, 1995. We apologize for this delay. Sincerely, /s/ Blake Harms Blake Harms Pension Administration DC5 Des Moines, IA 50392-3850 Phone: 1-800-543-4015, Ext. 89168 Fax: 515-248-2346 5 EXHIBIT II [Letterhead of Deloitte & Touche LLP] June 29, 1995 United Companies Financial Corporation 4041 Essen Lane Baton Rouge, LA 70809 Attention: Plan Administrative Committee United Companies Financial Corporation Employees' Savings Plan This letter is to confirm that we were unable to complete our audit of the financial statements of United Companies Financial Corporation Employees' Savings Plan (the "Plan") for the year ended December 31, 1994 prior to the June 29, 1995 required filing date of the Form 11-K because of the delay in the receipt of the financial information from the third party recordkeeper. Sincerely, /s/ Deloitte & Touche LLP DELOITTE & TOUCHE LLP Baton Rouge, Louisiana