WTB SPV NO 2 LTD
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-01-29 (in 8mo)
Last made up 2026-01-15
Watchouts
Cash
£976K
+804.5% vs 2024
Net assets
-£409K
-4.6% lowest in 3 filed years
Employees
4
+33.3% highest in 5 filed years
Profit before tax
-£24K
+79.3% highest in 5 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The directors have concluded that although the current balance sheet position may give rise to material uncertainties surrounding the company's ability to continue as a going concern, given the result of recent assessments, the ample headroom available in the group's key funding facilities, and the assurances of continued support from the ultimate controlling party, the directors are of the position that they can continue to adopt the going concern basis in preparing the financial statements.
Net assets
5-year trend · vs Financials median
Accounts
5-year trend · latest reflected 2025-03-31
| Metric | Trend | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Turnover | £155,515 | — | — | — | — | |
| Operating profit | £138,892 | — | — | — | — | |
| Profit before tax | -£71,855 | -£566,061 | -£129,749 | -£115,729 | -£23,926 | |
| Net profit | -£58,203 | -£458,509 | -£97,312 | -£86,797 | -£17,944 | |
| Cash | £1,469,379 | £1,529,874 | £39,656 | £107,856 | £975,523 | |
| Total assets less current liabilities | — | — | — | — | — | |
| Net assets | £251,842 | — | — | -£390,776 | -£408,720 | |
| Equity | £251,842 | — | — | -£390,776 | -£408,720 | |
| Average employees | 3 | 3 | 3 | 3 | 4 | |
| 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 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Operating margin | 89.3% | — | — | — | — | |
| Net margin | -37.4% | — | — | — | — | |
| Interest cover | 0.13x | — | — | — | — |
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
- Cottons Accountants LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The directors have concluded that although the current balance sheet position may give rise to material uncertainties surrounding the company's ability to continue as a going concern, given the result of recent assessments, the ample headroom available in the group's key funding facilities, and the assurances of continued support from the ultimate controlling party, the directors are of the position that they can continue to adopt the going concern basis in preparing the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BONAVERO, Olivier Maurice Henri | Director | 2016-01-01 | Mar 1978 | British,French |
| COXHEAD, Mark Leonard | Director | 2015-01-15 | Apr 1968 | Australian |
| DICKIE, Jonathan | Director | 2024-02-01 | Oct 1985 | British |
| MILES, Sebastian William Louis | Director | 2026-03-03 | Jun 1983 | British |
| SPITERI, Mark Richard Anthony | Director | 2016-01-01 | Mar 1975 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Woodsford Tradebridge Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 29 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-03 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-21 | AA | accounts | Accounts with accounts type full | |
| 2025-01-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-22 | AA | accounts | Accounts with accounts type full | |
| 2024-02-08 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-22 | AA | accounts | Accounts with accounts type full | |
| 2023-03-24 | AA | accounts | Accounts with accounts type full | |
| 2023-01-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-03 | AA | accounts | Accounts with accounts type small | |
| 2022-01-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-09 | AA | accounts | Accounts with accounts type small | |
| 2020-01-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-12-03 | AA | accounts | Accounts with accounts type small | |
| 2019-01-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-11-01 | AA | accounts | Accounts with accounts type small | |
| 2018-04-11 | AD01 | address | Change registered office address company with date old address new address | |
| 2018-01-15 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 1
- 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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
—
Not reported
-
Cash
+804.5%
£107,856 £975,523
-
Net assets
-4.6%
-£390,776 -£408,720
lowest in 3 filed years
-
Employees
+33.3%
3 4
highest in 5 filed years
-
Profit before tax
+79.3%
-£115,729 -£23,926
highest in 5 filed years
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