SOUTH POLE GROUP UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-02 (in 1mo)
Last made up 2025-05-19
Watchouts
Cash
£564K
-74% vs 2023
Net assets
-£5M
-159.2% vs 2023
Employees
77
-33.6% vs 2023
Profit before tax
-£3M
-1,565.3% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
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 | £22,816,000 | £12,899,000 | |
| Operating profit | £587,000 | -£2,278,000 | |
| Profit before tax | £216,000 | -£3,165,000 | |
| Net profit | -£276,000 | -£3,165,000 | |
| Cash | £2,168,000 | £564,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | -£1,988,000 | -£5,153,000 | |
| Equity | -£1,988,000 | -£5,153,000 | |
| Average employees | 116 | 77 | |
| Wages | £10,319,000 | £7,344,000 |
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 |
|---|---|---|---|
| Operating margin | 2.6% | -17.7% | |
| Net margin | -1.2% | -24.5% | |
| Gearing (liabilities / total assets) | 114.5% | 147.6% | |
| Current ratio | 0.82x | 0.64x | |
| Interest cover | 1.58x | -2.56x |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors are satisfied that the Company has access to adequate resources to continue in operational existence for the foreseeable future, in the form of support from the parent company and is thus a going concern. Accordingly, the going concern basis has been adopted in preparing the Financial Statements.”
Significant events
- “The Restructuring Plan Actions are critical actions approved by South Pole Group's board of directors. This includes immediate redundancy measures which have been collaboratively developed with management in September 2025, underscoring a structured approach to downsizing.”
- “Given the impact of the losses incurred in the group, and after the review of the 36-month Forecasts the directors are satisfied that the Group has the ability to generate adequate resources for the foreseeable future, and has access to additional investor funding from October 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARASZ, Aaron Paul | Director | 2025-11-21 | Feb 1982 | American |
| POLEY, James | Director | 2025-11-27 | Jun 1995 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CAMERATA, Thomas | Director | 2023-05-10 | 2024-05-30 |
| CAMERATA, Thomas | Director | 2020-05-29 | 2022-05-30 |
| CARTER, Neil | Director | 2020-05-29 | 2021-07-30 |
| GASSNER, Jochen | Director | 2023-05-10 | 2024-05-30 |
| GROBBEL, Christoph, Dr. | Director | 2015-05-19 | 2020-06-30 |
| GROBLER, Chantelle Catharina | Director | 2022-05-30 | 2023-09-26 |
| GROOT BRUINDERINK, Reinierus | Director | 2023-05-10 | 2024-05-30 |
| HEUBERGER, Renat Albert | Director | 2016-08-09 | 2020-06-30 |
| KADDOURI, Nadia | Director | 2025-10-07 | 2025-10-24 |
| KLIER, Daniel Oliver, Dr | Director | 2024-05-06 | 2025-10-16 |
| LUNNISS, Stacey Emma | Director | 2023-05-10 | 2024-05-15 |
| MAGINI, Marco | Director | 2024-05-06 | 2026-04-24 |
| MAGINI, Marco | Director | 2020-05-29 | 2023-09-25 |
| RÖSCH, Stefan | Director | 2023-05-10 | 2024-05-15 |
| SHIRLEY, Michael Benedict | Director | 2021-07-15 | 2023-09-25 |
| SPREADBURY, Samuel David | Director | 2024-07-12 | 2025-10-07 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 63 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-30 | AA | accounts | Accounts with accounts type full | |
| 2025-11-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-21 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-12 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-08-05 | AA | accounts | Accounts with accounts type full | |
| 2024-07-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-24 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-22 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-22 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 4
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
-43.5%
£22,816,000 £12,899,000
-
Cash
-74%
£2,168,000 £564,000
-
Net assets
-159.2%
-£1,988,000 -£5,153,000
-
Employees
-33.6%
116 77
-
Operating profit
-488.1%
£587,000 -£2,278,000
-
Profit before tax
-1,565.3%
£216,000 -£3,165,000
-
Wages
-28.8%
£10,319,000 £7,344,000
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