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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-10-04 (in 5mo)

Last made up 2025-09-20

Watchouts

1 item

Cash

£429K

-3.6% lowest in 4 filed years

Net assets

-£220K

-138.3% lowest in 4 filed years

Employees

59

+11.3% highest in 4 filed years

Profit before tax

-£1M

-74.1% lowest in 4 filed years

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

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

Metric Trend 2020-11-012021-10-312021-11-012022-10-312022-11-012023-10-312024-12-31
Turnover £2,872,048£3,209,256£3,318,267£3,722,122
Operating profit £52,217£31,227-£619,253-£1,065,268
Profit before tax £54,837£43,466-£615,913-£1,072,003
Net profit £221,865£227,876-£398,480-£813,963
Cash £1,174,436£1,059,104£445,272£429,220
Total assets less current liabilities £775,500£1,010,701£620,262-£172,476
Net assets £735,300£968,101£575,262-£220,276
Equity £506,897£735,300£735,300£968,101£968,101£575,262-£220,276
Average employees 39425359
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 2020-11-012021-10-312021-11-012022-10-312022-11-012023-10-312024-12-31
Operating margin 1.8%1.0%-18.7%-28.6%
Net margin 7.7%7.1%-12.0%-21.9%
Return on capital employed 6.7%3.1%-99.8%617.6%
Interest cover -95.27x-40.12x

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 §1A
Reporting scope
Standalone (parent only)
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
Price Bailey LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The company's forecasts and projections along with post balance sheet date cash balances, trading performance and sales pipeline show that the company will be able to operate within the level of its cash resources. The directors have considered that they will have sufficient positive cash flow from recurring maintenance revenues and new product sales to enable the business to continue trading. Therefore, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for at least 12 months for the date of approval of the financial statements, thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Significant events

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

People

4 active · 15 resigned

Name Role Appointed Born Nationality
WHITE, Susanna Elizabeth Secretary 2014-09-08
ARROWSMITH, Paul Jonathan Director 2021-07-01 Jan 1965 British
COULL, Mark Director 2013-01-22 Jun 1971 British
HEILIG, Ralf Director 2024-10-03 May 1966 German
Show 15 resigned officers
Name Role Appointed Resigned
BARKER, Catherine Jennifer Secretary 2005-04-26 2009-08-31
THOMAS, Howard Secretary 2005-04-26 2005-04-26
TWEMLOW, Clare Gillian Secretary 2010-09-15 2014-07-15
WILSON WATERWORTH, Tobias Adam Secretary 2009-08-31 2010-09-15
BALCON, Raphael, Dr Director 2005-06-22 2008-01-15
BARKER, David Director 2005-06-22 2009-06-01
BOOTH, Robert Alec Director 2011-06-15 2011-10-03
DAVIES, Timothy Keith Director 2005-06-22 2011-12-31
HURRELL, Thomas Andrew Director 2018-07-23 2019-08-05
LAYTON, Charlotte Director 2019-10-02 2024-10-03
LAYTON, Clive Allan, Dr Director 2005-04-26 2024-10-03
ROTHMAN, Martin Terry, Professor Director 2005-04-27 2024-10-03
TESTER, William Director 2005-04-26 2005-04-26
WHITE, Paul Morrow Director 2010-03-24 2011-11-30
WILSON WATERWORTH, Tobias Adam Director 2006-01-24 2010-10-14

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Nexus Ag Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2024-10-03 Active
Dr Clive Allan Layton Individual Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2024-10-03

Filing timeline

Last 20 of 161 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2024-07-25 RESOLUTIONS Resolution
  • 2024-07-25 MA Memorandum articles
Date Type Category Description
2025-10-06 CS01 confirmation-statement Confirmation statement with updates PDF
2025-09-25 AA accounts Accounts with accounts type full PDF
2024-10-28 AA01 accounts Change account reference date company current extended PDF
2024-10-17 SH01 capital Capital allotment shares PDF
2024-10-04 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2024-10-04 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2024-10-04 AP01 officers Appoint person director company with name date PDF
2024-10-04 TM01 officers Termination director company with name termination date PDF
2024-10-04 TM01 officers Termination director company with name termination date PDF
2024-10-04 TM01 officers Termination director company with name termination date PDF
2024-10-02 CS01 confirmation-statement Confirmation statement with updates PDF
2024-07-25 RESOLUTIONS resolution Resolution
2024-07-25 MA incorporation Memorandum articles
2024-03-20 AA accounts Accounts with accounts type full PDF
2024-02-01 PSC04 persons-with-significant-control Change to a person with significant control PDF
2024-01-15 SH01 capital Capital allotment shares PDF
2024-01-12 SH01 capital Capital allotment shares PDF
2023-09-20 CS01 confirmation-statement Confirmation statement with updates PDF
2023-06-12 AA accounts Accounts with accounts type full PDF
2023-05-11 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
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 2023-10-31

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

Official Companies House page