SEXTANT LIMITED

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. The financial statements have been prepared on a going concern basis. The directors have prepared detailed budgets and cash flow forecasts covering a period of at least 12 months from the date of approval of the financial statements. These forecasts indicate that the group will be able to meet its liabilities as they fall due.”

Group structure

1. SEXTANT LIMITED · parent
   1. Sextant Inc 100% · USA
   2. Piglet Europe GmbH 100% · Germany

Significant events

• “On 19 March 2025, a director provided a £250,000 loan to the company. The loan incurred interest at a rate of 12% per annum and was repayable on 18 March 2026.”
• “On 28 May 2025, a director provided two loans totalling £121,354 to the company. The loans incurred interest at a rate of 12% per annum and were repayable on 27 May 2026.”
• “On 14 July 2025 and 16 July 2025, a total of 265,718 A2 Ordinary shares were issued. As part of this share issue, the above loans were all converted into equity, alongside existing director loans in place at the year end. A further £1,108,643 in consideration was also received.”

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

Filings

11

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +52.9%

  £10,658,738 → £16,295,725

• Cash

  -34.8%

  £1,881,224 → £1,227,392

• Net assets

  -42.6%

  £2,779,094 → £1,595,641

• Employees

  +112.5%

  32 → 68

  highest in 6 filed years

• Operating profit

  -70.2%

  -£669,508 → -£1,139,638

• Profit before tax

  -70.8%

  -£686,041 → -£1,171,942

• Wages

  +48.5%

  £1,122,686 → £1,667,642

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers