KELSO GROUP HOLDINGS PLC

1. KELSO GROUP HOLDINGS PLC 2022-11-22 → present
2. INSIGHT BUSINESS SUPPORT PLC 2019-03-11 → 2022-11-22
3. INSIGHT BUSINESS SUPPORT LIMITED 2018-08-07 → 2019-03-11

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

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.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Royce Peeling Green Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Group structure

1. KELSO GROUP HOLDINGS PLC · parent
   1. Berwick Group Holdings Plc
   2. Peebles Group Plc
   3. Hawick Group Holdings Plc
   4. Hawick Subsidiary Limited

Significant events

• “Post year-end, we have repaid our outstanding loan, leaving Kelso debt-free.”
• “In October 2024, Kelso utilised a third-party loan facility of c.£1 million. While this remained outstanding at year end, it was fully repaid in April 2025 and Kelso is now debt free.”
• “In March 2025, NCC completed the sale of its non-core Fox Crypto business for c.£65 million, equivalent to 16.5 times EBITDA, resulting in a full pay down of group debt.”
• “In December 2024, THG completed the demerger of its Ingenuity division, streamlining its operations to focus on its core, cash-generative Beauty and Nutrition segments.”
• “Subsequently, THG completed a debt refinancing, reducing net debt from 3.2x to 2.2x based on FY 2024 adjusted EBITDA of £92 million (excluding Ingenuity).”
• “the company carried out a £90 million equity fundraise, with CEO Matthew Moulding contributing £60 million, demonstrating his strong support and confidence in the business.”
• “In March 2025, THG was included in the Premium Index of the London Stock Exchange, resulting in inclusion in the FTSE 250 index.”
• “During 2024, both Mark Kirkland and I joined the board [TheWorks.co.uk plc], initiating significant changes, including the appointment of a new Chair.”
• “In November 2024, Kelso, in partnership with Belerion Capital, co-founded Selkirk Group plc, an AIM-listed cash shell, raising £7.5 million before expenses.”
• “During April 2025, the outstanding loan and contract for difference were settled in full.”

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

Filings

9

last 12 months

Capital events

3

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.

• Turnover

  -103.8%

  £2,577,401 → -£97,343

• Cash

  -50.7%

  £240,332 → £118,369

• Net assets

  +19.9%

  £7,535,014 → £9,036,633

• Employees

  0%

  6 → 6

• Operating profit

  -127.4%

  £2,116,971 → -£580,653

• Profit before tax

  -127.2%

  £2,030,968 → -£553,329

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