THE MCLAIN FOUNDATION LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-21 (in 7mo)
Last made up 2025-12-07
Watchouts
None on the register
Cash
£2M
+1,138.3% vs 2023
Net assets
£25M
+20.3% vs 2023
Employees
—
Average over period
Profit before tax
£4M
+867.4% vs 2023
Name history
Renamed 2 times since incorporation
- THE MCLAIN FOUNDATION LIMITED 2017-04-25 → present
- THE MCLAIN 8 STRANDS FOUNDATION LIMITED 2012-03-26 → 2017-04-25
- EIGHT STRANDS FOUNDATION (UK) LIMITED 2010-12-07 → 2012-03-26
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£1,198,100 | £2,286,321 | |
| Profit before tax | -£539,906 | £4,143,021 | |
| Net profit | -£529,044 | £4,152,300 | |
| Cash | £184,727 | £2,287,435 | |
| Total assets less current liabilities | £20,493,035 | £24,645,335 | |
| Net assets | £20,493,035 | £24,645,335 | |
| Equity | £20,493,035 | £24,645,335 | |
| 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 | -5.8% | 9.3% | |
| Gearing (liabilities / total assets) | 0.6% | 0.3% | |
| Current ratio | 1.56x | 52.46x | |
| Interest cover | -20.83x | 35.63x |
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)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Rawlinson & Hunter Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The current uncertainty in the global economy has increased financial pressure. Trustees have considered contingency plans, funds held and expected income/expenditure and are satisfied forecasts are sufficient to continue as a going concern.”
Significant events
- “The investment in Riverhawk Fund III LLC was disposed of during the year for £1,464,978 with related cash received on 2 January 2025.”
- “Prior to the year end, the Trustees instructed the redemption of their investment in Riverhawk, with proceeds settling shortly after year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCLAIN, Bruce Hardy | Director | 2010-12-07 | Sep 1952 | American,British |
| MCLAIN, Chelsea Gale | Director | 2017-05-22 | Aug 1990 | American,British,Danish |
| MCLAIN, Helle Elisabeth Skov | Director | 2010-12-07 | Aug 1960 | Danish |
| TERRY, Ian | Director | 2010-12-07 | Jul 1955 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| TEMPLE SECRETARIAL LIMITED | Corporate Secretary | 2010-12-07 | 2017-01-26 |
| MCLAIN, Cameron Hardy | Director | 2017-05-22 | 2024-10-25 |
| MCLAIN, Carina Elisabeth, Dr | Director | 2017-05-22 | 2024-10-25 |
| MCLAIN, Chloe Eleanor | Director | 2017-05-22 | 2024-10-25 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 52 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-24 | RPCH01 | miscellaneous | Legacy | |
| 2025-12-12 | CH01 | officers | Change person director company with change date | |
| 2025-10-04 | AA | accounts | Accounts with accounts type full | |
| 2025-07-25 | CH01 | officers | Change person director company with change date | |
| 2025-07-25 | CH01 | officers | Change person director company with change date | |
| 2024-12-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-18 | CH01 | officers | Change person director company with change date | |
| 2024-12-18 | CH01 | officers | Change person director company with change date | |
| 2024-12-17 | CH01 | officers | Change person director company with change date | |
| 2024-12-17 | CH01 | officers | Change person director company with change date | |
| 2024-12-17 | CH01 | officers | Change person director company with change date | |
| 2024-12-17 | CH01 | officers | Change person director company with change date | |
| 2024-11-13 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-13 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-13 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-25 | AA | accounts | Accounts with accounts type full | |
| 2023-12-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-09 | AA | accounts | Accounts with accounts type full | |
| 2022-12-07 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- 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
+1,138.3%
£184,727 £2,287,435
-
Net assets
+20.3%
£20,493,035 £24,645,335
-
Employees
—
Not reported
-
Operating profit
+290.8%
-£1,198,100 £2,286,321
-
Profit before tax
+867.4%
-£539,906 £4,143,021
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