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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-06-08 (in 1mo)

Last made up 2025-05-25

Watchouts

None on the register

Cash

£2M

+74.2% vs 2023

Net assets

£84K

-95.2% vs 2023

Employees

0

Average over period

Profit before tax

-£2M

-128.1% lowest in 3 filed years

Accounts

5-year trend · latest reflected 2024-12-31

Metric Trend 2022-01-012022-12-312023-01-012023-12-312024-12-31
Turnover £434,928£1,994,516
Operating profit -£7,219,563-£993,479-£2,266,038
Profit before tax -£32,070-£993,479-£2,266,038
Net profit -£40,447-£771,655-£1,672,852
Cash £945,147£1,646,805
Total assets less current liabilities £28,371£1,756,716£214,311
Net assets £28,371£1,756,716£83,864
Equity £6,748,818£28,371£28,371£1,756,716£83,864
Average employees 000
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 2022-01-012022-12-312023-01-012023-12-312024-12-31
Operating margin -228.4%-113.6%
Net margin -177.4%-83.9%
Return on capital employed -25447.0%-56.6%-1057.4%
Interest cover -961.71x

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
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“These financial statements have been prepared on a going concern basis. The current economic conditions present risks for all businesses. In response to such conditions, the Directors have carefully considered these risks, including an assessment of uncertainty on future trading projection for a period of at least twelve months from the date of signing the financial statements, and the extent to which they might affect the preparation of the financial statements on a going concern basis. The Company participates in operating activities as part of Cover-More's European activities. As at the balance sheet date the Company has net current liabilities of £638,233 which includes £3,378,537 of liabilities to other Group companies. The Company meets its day-to-day working capital requirements through related party funding and the Company has received a letter of support from its parent company to meet liabilities as they fall due. The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and that there are no material uncertainties that lead to significant doubt upon the Company's ability to continue as a going concern. Thus the directors have continued to adopt the going concern basis of accounting in preparing these financial statements.”

Significant events

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

People

4 active · 10 resigned

Name Role Appointed Born Nationality
ATHA, Cara Director 2023-04-01 May 1973 British
BANKS, Luke Director 2023-04-01 Oct 1980 British
LEACH, Adrian Director 2023-04-01 Mar 1972 Australian
TURNER, Alerah Director 2023-04-01 Nov 1983 Australian
Show 10 resigned officers
Name Role Appointed Resigned
COGILL, Alistair Liam Director 2022-11-30 2024-09-12
DUNNE, Damien Director 2019-08-07 2022-12-05
EMMETT, Michael Patrick Cheere Director 2017-01-23 2018-12-15
GIULIANI, Giovanni Director 2017-02-02 2017-06-23
MORTON, Cara Jane Director 2018-12-14 2019-07-30
QUIN, James Barrington Director 2017-02-02 2017-06-23
RIJSSEMUS, Anne-Laure Yvonne Claudine Director 2024-08-06 2025-06-05
STEINBERG, Mark David Director 2017-01-23 2017-09-29
WHATTAM, Charles Director 2022-11-30 2023-04-01
WHITE, David Jason Director 2018-12-19 2019-12-31

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 71 total filings

Date Type Category Description
2026-02-28 SH01 capital Capital allotment shares
2026-01-07 CH01 officers Change person director company with change date PDF
2025-09-30 AA accounts Accounts with accounts type full PDF
2025-06-11 CH01 officers Change person director company with change date PDF
2025-06-10 TM01 officers Termination director company with name termination date PDF
2025-06-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-07 AD03 address Move registers to sail company with new address PDF
2025-03-07 AD02 address Change sail address company with new address PDF
2024-12-02 AA accounts Accounts with accounts type full PDF
2024-09-27 TM01 officers Termination director company with name termination date PDF
2024-08-06 AP01 officers Appoint person director company with name date PDF
2024-07-12 CH01 officers Change person director company with change date PDF
2024-07-12 CH01 officers Change person director company with change date PDF
2024-06-06 CS01 confirmation-statement Confirmation statement with updates PDF
2024-01-09 SH01 capital Capital allotment shares
2023-08-30 AA accounts Accounts with accounts type full
2023-06-29 CS01 confirmation-statement Confirmation statement with updates PDF
2023-05-23 TM01 officers Termination director company with name termination date PDF
2023-05-22 AP01 officers Appoint person director company with name date PDF
2023-05-22 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
1

last 24 months

Officers appointed
0

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

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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