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Next accounts due

2027-02-28 (in 9mo)

Last filed for 2025-05-31

Confirmation statement due

2026-08-29 (in 3mo)

Last made up 2025-08-15

Watchouts

None on the register

Cash

£119K

+3.5% vs 2024

Net assets

£73M

+2.7% vs 2024

Employees

Average over period

Profit before tax

£3M

-25.5% vs 2024

Accounts

2-year trend · latest reflected 2025-05-31

Metric Trend 2024-05-312025-05-31
Turnover £17,025,000£3,449,000
Operating profit -£261,000-£69,000
Profit before tax £3,433,000£2,556,000
Net profit £2,575,000£1,917,000
Cash £115,000£119,000
Total assets less current liabilities
Net assets £70,829,000£72,746,000
Equity £70,829,000£72,746,000
Average employees
Wages

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 2024-05-312025-05-31
Operating margin -1.5%-2.0%
Net margin 15.1%55.6%
Current ratio 3.83x3.84x
Interest cover -130.50x-69.00x

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
Ballard's LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared under the going concern concept as the Directors' plan to retain the company as an entity earning revenues from IP for the foreseeable future.”

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

People

2 active · 10 resigned

Name Role Appointed Born Nationality
BOLGER, John Patrick, Mr. Director 2018-05-15 Oct 1969 British
ORACLE CORPORATION NOMINEES LIMITED Corporate Director 2018-05-15
Show 10 resigned officers
Name Role Appointed Resigned
PORTER, Martin Frederick Secretary 2005-11-30 2018-05-15
PORTER, Ruth Alison Secretary 2002-08-22 2005-11-30
SNYDER, John Harvey Secretary 2005-11-12 2018-05-15
THOMAS, Howard Nominee Secretary 2002-08-22 2002-08-22
PORTER, Martin Frederick Director 2002-08-22 2018-05-15
SCHOONMAKER, Timothy Director 2009-09-28 2018-05-15
SNYDER, John Harvey Director 2005-11-12 2018-07-06
TESTER, William Andrew Joseph Nominee Director 2002-08-22 2002-08-22
WHITBY-SMITH, Robert James Director 2014-03-20 2018-05-15
IQ CAPITAL DIRECTORS NOMINEES LIMITED Corporate Director 2009-06-26 2018-05-15

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Oracle Corporation Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2018-05-15 Active
Iq Capital Partners Llp Corporate entity Shares 25–50%, Voting 25–50%, Significant influence 2016-04-06 Ceased 2018-05-15

Filing timeline

Last 20 of 138 total filings

Date Type Category Description
2026-03-06 AA accounts Accounts with accounts type full
2025-08-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-03 AA accounts Accounts with accounts type full
2024-08-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-03-04 AA accounts Accounts with accounts type full
2023-08-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-02-27 AA accounts Accounts with accounts type full
2022-08-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-02-28 AA accounts Accounts with accounts type full
2021-08-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-05-05 AA01 accounts Change account reference date company current extended
2021-01-10 AA accounts Accounts with accounts type full
2020-10-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-11-29 AA accounts Accounts with accounts type group
2019-09-05 CS01 confirmation-statement Confirmation statement with updates PDF
2019-06-04 AUD auditors Auditors resignation company
2018-10-08 AA accounts Accounts with accounts type group
2018-09-05 CS01 confirmation-statement Confirmation statement with updates PDF
2018-09-05 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2018-09-05 SH01 capital Capital allotment shares PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

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

FY2024 → FY2025 · period ending 2025-05-31 vs 2024-05-31

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