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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2027-04-26 (in 11mo)

Last made up 2026-04-12

Watchouts

1 item

Cash

£235K

-24.1% vs 2024

Net assets

£280K

-0.7% lowest in 3 filed years

Employees

5

-28.6% lowest in 5 filed years

Profit before tax

Period ending 2025-03-31

Watchouts

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

Accounts

7-year trend · latest reflected 2025-03-31

Metric Trend 2019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-31
Turnover £598,105
Operating profit -£405,725
Profit before tax -£396,156
Net profit -£396,156-£814,141£161,544-£16,519-£1,994
Cash £90,778£884£354,136£309,908£235,073
Total assets less current liabilities £438,938£282,447£280,453
Net assets
Equity £438,938-£1,009,119£282,447£280,453
Average employees 77775
Wages £386,253£455,902£852,288£782,777£778,289

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 2019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-31
Operating margin -67.8%
Net margin -66.2%
Return on capital employed -92.4%
Interest cover -37.04x

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
Consolidated group
Auditor
Kingswood LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have considered the operational and financial impact of the above and based on projections for the year ahead they have reasonable expectation that the group will have adequate resources to continue in operational existence for the foreseeable future. Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

  1. STURGEON CAPITAL LTD · parent
    1. Sturgeon Capital Kazakhstan Ltd 100% · Kazakhstan
    2. SEO II GP Limited 100% · Guernsey
    3. SUGEF GP Limited 100% · Guernsey

Significant events

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

People

3 active · 3 resigned

Name Role Appointed Born Nationality
CAPPELLO, Clemente Director 2011-07-01 Aug 1979 Italian
TOKER, Mustafa Nuri Director 2026-04-01 Dec 1971 British
ZANDIYEH, Kiyan Director 2018-07-24 Mar 1990 British
Show 3 resigned officers
Name Role Appointed Resigned
PATEL, Atul Director 2018-07-17 2018-08-01
RAHIM, Rizwan Director 2022-12-01 2026-03-03
SIEBURGH SJOERDSMA, Taco Andries Director 2010-10-27 2018-07-24

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Evren Ucok Individual Shares 25–50%, Voting 25–50% 2026-03-03 Active
Mr Mohammed Iqbal Rahim Individual ownership-of-shares-25-to-50-percent-as-firm, voting-rights-25-to-50-percent-as-firm 2022-05-31 Ceased 2026-03-03
Mr Kiyan Zandiyeh Individual Shares 25–50%, Voting 25–50% 2021-01-25 Active
Mr Clemente Cappello Individual Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2025-02-05
Sch Limited Corporate entity Shares 75–100%, Voting 75–100% 2016-04-06 Ceased 2018-04-12

Filing timeline

Last 20 of 86 total filings

Date Type Category Description
2026-04-16 CS01 confirmation-statement Confirmation statement with updates PDF
2026-04-02 AP01 officers Appoint person director company with name date PDF
2026-03-13 MA incorporation Memorandum articles
2026-03-13 RESOLUTIONS resolution Resolution
2026-03-12 SH10 capital Capital variation of rights attached to shares
2026-03-12 SH08 capital Capital name of class of shares
2026-03-04 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2026-03-04 TM01 officers Termination director company with name termination date PDF
2026-03-04 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2026-02-02 CH01 officers Change person director company with change date PDF
2026-02-02 PSC04 persons-with-significant-control Change to a person with significant control PDF
2025-12-15 AA accounts Accounts with accounts type group PDF
2025-04-23 CS01 confirmation-statement Confirmation statement with updates PDF
2025-04-22 PSC04 persons-with-significant-control Change to a person with significant control PDF
2025-04-22 PSC04 persons-with-significant-control Change to a person with significant control PDF
2025-04-17 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-02-20 CH01 officers Change person director company with change date PDF
2025-02-20 PSC04 persons-with-significant-control Change to a person with significant control PDF
2024-10-18 AA accounts Accounts with accounts type group PDF
2024-04-16 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
12

last 12 months

Capital events
2

last 24 months

Officers appointed
1

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.

Year-on-year

FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31

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