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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-05-28 (this month)

Last made up 2025-05-14

Watchouts

None on the register

Cash

£466K

+2.4% vs 2023

Net assets

£16M

-6.5% vs 2023

Employees

Average over period

Profit before tax

£183K

-54.7% vs 2023

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover
Operating profit £40,771£151,223
Profit before tax £404,003£183,099
Net profit £404,003£183,099
Cash £454,411£465,530
Total assets less current liabilities
Net assets £17,303,188£16,182,357
Equity £17,303,188£16,182,357
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 2023-12-312024-12-31
Gearing (liabilities / total assets) 18.1%26.4%
Current ratio 0.12x0.08x

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
Consolidated group
Auditor
MHA Audit Services LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have considered the Group's financial position and forecast cash flows, including the uncertainties arising from future sales. These conditions indicate the existence of a material uncertainty that may cast significant doubt on the Group's ability to continue as a going concern. Nevertheless, after considering the support from the parent undertaking and planned actions available to the Company, the directors believe that the going concern basis of preparation remains appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group and Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorized for issue.”

Group structure

  1. CATHEXIS UK HOLDING II LIMITED · parent
    1. PJ801, Ltd. 100% · Marshall Islands · Yacht improvement for sales
    2. Simon Fraser, Ltd. 100% · Marshall Islands · Yacht improvement for sales
    3. Kinta Yacht Management, Ltd 100% · Marshall Islands · Yacht improvement for sales and chartering
    4. Kinta Yacht Operating Company, Ltd 100% · Marshall Islands · Yacht improvement for sales
    5. Only One Marine Management, Ltd 100% · Marshall Islands · Yacht improvement for sales and chartering
    6. Only One Yacht Operating Company, Ltd 100% · Marshall Islands · Yacht improvement for sales and chartering
    7. Lohengrin, Ltd 100% · Marshall Islands · Yacht improvement for sales
    8. Lohengrin Operating Co. Ltd. 100% · Marshall Islands · Yacht improvement for sales
    9. Equanimity, Ltd 100% · United States · Yacht improvement for sales

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

People

4 active · 2 resigned

Name Role Appointed Born Nationality
PINSENT MASONS SECRETARIAL LIMITED Corporate Secretary 2024-07-01
HARRISON, William Bruce Director 2017-05-15 Aug 1986 American
RINANDO, III, Joseph Samuel Director 2020-02-17 Dec 1971 American
WHITE, Marshall Travis Director 2017-05-15 May 1958 American
Show 2 resigned officers
Name Role Appointed Resigned
VISTRA COSEC LIMITED Corporate Secretary 2019-03-29 2023-06-27
JANDJEL, Frances Mcleod Director 2017-05-15 2019-12-20

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr William Bruce Harrison Individual Shares 75–100%, Voting 75–100%, Appoints directors 2017-05-15 Active

Filing timeline

Last 20 of 37 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2020-12-22 MA Memorandum articles
Date Type Category Description
2025-12-17 CH01 officers Change person director company with change date PDF
2025-12-02 AA accounts Accounts with accounts type group
2025-05-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-03 AA accounts Accounts with accounts type group
2024-10-01 AD01 address Change registered office address company with date old address new address PDF
2024-07-31 AP04 officers Appoint corporate secretary company with name date PDF
2024-05-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-01-10 AA accounts Accounts with accounts type group
2023-06-30 AD01 address Change registered office address company with date old address new address PDF
2023-06-28 TM02 officers Termination secretary company with name termination date PDF
2023-05-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-11-07 PSC04 persons-with-significant-control Change to a person with significant control PDF
2022-11-07 CH01 officers Change person director company with change date PDF
2022-11-07 AD01 address Change registered office address company with date old address new address PDF
2022-10-10 AA accounts Accounts with accounts type group
2022-05-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-09-04 AA accounts Accounts with accounts type group
2021-05-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-02-04 AA accounts Accounts with accounts type group
2020-12-22 MA incorporation Memorandum articles

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

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. 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

Official Companies House page