ONWARD INVESTMENT LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2025-12-14
Overdue
Watchouts
Cash
£192K
-67.4% vs 2023
Net assets
£357K
-79.8% vs 2023
Employees
—
Average over period
Profit before tax
£59K
-99.1% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2025-12-14.
Net assets
2-year trend · vs Consumer Staples median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£151,360 | £12,974 | |
| Profit before tax | £6,534,407 | £58,922 | |
| Net profit | £6,196,551 | £40,543 | |
| Cash | £589,221 | £191,902 | |
| Total assets less current liabilities | £1,768,744 | £357,317 | |
| Net assets | £1,768,744 | £357,317 | |
| Equity | £1,768,744 | £357,317 | |
| 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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Return on capital employed | -8.6% | 3.6% | |
| Current ratio | 69.17x | 10.31x | |
| Interest cover | — | 23.98x |
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
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors believe that the business will be able to meet its liabilities as they fall due for a period of at least twelve months from the signing date of these financial statements. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis.”
Significant events
- “On 29 December 2023, the company disposed of its subsidiary company investments to the parent company.”
- “During the year, the company recovered CAD 1.859 million of loans outstanding from 31 December 2023, leaving a receivable loan balance outstanding at 31 December 2024 of CAD 0.377 million.”
- “Dividends were returned to the shareholder in 2024 of CAD 2.686 million.”
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 |
|---|---|---|---|---|
| MACKINNONS SOLICITORS LLP | Corporate Secretary | 2020-11-19 | — | — |
| BALDVINSSON, Gustaf | Director | 2010-11-19 | Aug 1957 | Icelandic |
| THORSTEINSSON, Baldvin | Director | 2020-02-12 | Nov 1983 | Icelandic |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MACKINNONS | Corporate Secretary | 2010-11-19 | 2020-11-19 |
| BALDVINSSON, Thorsteinn Mar | Director | 2010-11-19 | 2019-11-20 |
| JULIUSSON, Ingvar Gudmundur | Director | 2010-11-19 | 2020-02-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Alda Seafood Holding Bv | Corporate entity | Shares 75–100% | 2023-11-24 | Active |
| Onward Fishing Company Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2023-11-24 |
Filing timeline
Last 20 of 51 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-05 | AA | accounts | Accounts with accounts type full | |
| 2024-12-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-05 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-03 | AA | accounts | Accounts with accounts type full | |
| 2024-01-08 | AA | accounts | Accounts with accounts type full | |
| 2023-11-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-30 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-11-30 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-01-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-01-26 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-01-26 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2022-11-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-05-12 | AA | accounts | Accounts with accounts type full | |
| 2021-12-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-05 | AA | accounts | Accounts with accounts type full | |
| 2021-01-28 | CH04 | officers | Change corporate secretary company with change date | |
| 2021-01-04 | AA | accounts | Accounts with accounts type full | |
| 2020-12-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-12-08 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2020-12-08 | TM02 | officers | Termination secretary company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
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
-
Turnover
—
Not reported
-
Cash
-67.4%
£589,221 £191,902
-
Net assets
-79.8%
£1,768,744 £357,317
-
Employees
—
Not reported
-
Operating profit
+108.6%
-£151,360 £12,974
-
Profit before tax
-99.1%
£6,534,407 £58,922
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