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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-06-15 (in 1mo)

Last made up 2025-06-01

Watchouts

None on the register

Cash

£150K

0% vs 2023

Net assets

£11M

+8.5% vs 2023

Employees

17

-10.5% vs 2023

Profit before tax

£1M

+3.2% vs 2023

Name history

Renamed 1 time since incorporation

  1. FINSA UK LIMITED 1990-09-28 → present
  2. CHANGEFOCUS LIMITED 1990-07-04 → 1990-09-28

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £62,176,000£63,388,000
Operating profit £1,562,000£1,601,000
Profit before tax £1,105,000£1,140,000
Net profit £844,000£853,000
Cash £150,000£150,000
Total assets less current liabilities £17,482,000£18,335,000
Net assets £9,981,000£10,834,000
Equity £9,981,000£10,834,000
Average employees 1917
Wages £869,000£861,000

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Operating margin 2.5%2.5%
Net margin 1.4%1.3%
Return on capital employed 8.9%8.7%
Current ratio 1.68x2.16x
Interest cover 3.37x3.24x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Bennett Brooks & Co Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The company meets its day-to-day working capital requirements through its bank facilities. The current economic conditions continue to create uncertainty over (a) the level of demand for the company's products; and (b) the availability of bank finance for the foreseeable future. Directors have considered the cash flows of the company, taking into account expected cash flows, as well as considering the terms of intercompany balances and intergroup cash pooling arrangements. The company has sufficient financial resources and therefore, the directors believe that the company has adequate resources to continue in operational existence for a period of at least 12 months from the date of approving these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

4 active · 13 resigned

Name Role Appointed Born Nationality
FIGUEROA LOPEZ, Pablo Luis, Mr. Secretary 2021-05-20
CARRILLO PECINO, Raquel Director 2023-05-09 Jul 1976 Spanish
FIGUEROA LOPEZ, Pablo Luis, Mr. Director 2021-05-20 Jul 1973 Spanish
SEGADE CASTRO, Fernando Director 2023-05-09 Dec 1969 Spanish
Show 13 resigned officers
Name Role Appointed Resigned
KORSHAW, Roger Geoffrey Secretary 1994-05-09
O'NEILL, Lance Secretary 1994-05-09 2000-09-01
ROMERO, Virgilio Secretary 2001-08-06 2021-05-20
CARBALLO, Jose Director 1998-06-01 2023-05-09
GARCIA MUELA, Manuel Jaime Director 2006-03-22 2010-06-01
KENNEDY, Patrick Director 1995-03-01
KORSHAW, Roger Geoffrey Director 1994-05-09
MCELLIGOTT, Liam Director 1997-06-01
O'NEILL, Lance Director 2000-09-01
RAMOS GARCIA, Jose Maria Director 1990-11-05 2006-03-22
ROMERO, Virgilio Director 1998-06-01 2021-05-20
WILLISCH, Rafael Federico, Mr. Director 2008-02-18 2023-05-09
WILLISCH, Rafael Director 1994-05-09 2000-10-30

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Financiera Maderera S.A. Corporate entity Shares 75–100% 2016-10-31 Active
Mr David John Harris Individual Significant influence 2016-04-06 Ceased 2019-12-31

Filing timeline

Last 20 of 118 total filings

Date Type Category Description
2026-02-03 SH01 capital Capital allotment shares PDF
2025-06-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-05-19 AA accounts Accounts with accounts type full
2024-06-18 AA accounts Accounts with accounts type full
2024-06-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-06-07 AA accounts Accounts with accounts type full
2023-06-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-05-16 AP01 officers Appoint person director company with name date PDF
2023-05-16 AP01 officers Appoint person director company with name date PDF
2023-05-16 TM01 officers Termination director company with name termination date PDF
2023-05-16 TM01 officers Termination director company with name termination date PDF
2022-06-08 CS01 confirmation-statement Confirmation statement with updates PDF
2022-06-07 AA accounts Accounts with accounts type full
2022-03-31 SH01 capital Capital allotment shares PDF
2021-06-30 AA accounts Accounts with accounts type full
2021-06-14 CS01 confirmation-statement Confirmation statement with updates PDF
2021-05-20 AP03 officers Appoint person secretary company with name date PDF
2021-05-20 TM01 officers Termination director company with name termination date PDF
2021-05-20 AP01 officers Appoint person director company with name date PDF
2021-05-20 TM02 officers Termination secretary company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
1

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Official Companies House page