UK Companies House feature
RAVENSCROFT (BISHOPS STORTFORD) LIMITED
Cash
£784K
-10.8% vs 2021
Net assets
£695K
+83.6% vs 2021
Employees
6
+20% vs 2021
Profit before tax
£393K
-14.3% vs 2021
Profile
- Company number
- 11927040
- Status
- Active
- Incorporation
- 2019-04-04
- Last accounts made up
- 2024-03-31
- Account category
- FULL
- Primary SIC
- 66120
- Hubs
- UK Fintech
Net assets
4-year trend · vs UK Fintech median
Accounts
4-year trend · latest 2022-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £1,336,246 | £1,392,263 | |
| Operating profit | — | — | £465,402 | £397,258 | |
| Profit before tax | — | — | £458,460 | £392,692 | |
| Net profit | — | — | £378,600 | £316,561 | |
| Cash | — | — | £878,359 | £783,741 | |
| Total assets less current liabilities | £100 | — | £421,594 | £700,175 | |
| Net assets | — | — | £378,700 | £695,261 | |
| Equity | £100 | £286,490 | £378,700 | £695,261 | |
| Average employees | 0 | — | 5 | 6 | |
| Wages | — | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers CI LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company meets its day-to-day working capital requirements through its cash reserves. After making enquiries and reviewing the Company's forecasts and projections, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least the next 12 months from the date of approval of these financial statements. Forecast and projections included; reviewing repayment of liabilities, taking account of possible changes in trading performance and stress testing such performance. The Company therefore continues to adopt the going concern basis in preparing its financial statements. 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 company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “On 27 March 2024, Ravenscroft Holdings Limited completed the sale of the Company and its immediate parent, Ravenscroft Investments (UK) Limited, to Titan Wealth Services Limited. The Company and its parent were then immediately sold to Titan Investment Management Holdings Limited. As a result, the year end of the Company was changed to 31 March 2024 to align with the ultimate controlling party of the Company and the results contained within these financial statements reflect the 15 month period to 31 March 2024.”
- “The current period saw a challenging backdrop for the Company. The Company experienced client attrition during the period, as can be seen in the fall in assets under administration, which had a knock-on effect to revenues and coupled with this some large one-off expenses relating to a retrospective client redress, operating profit for the period was significantly impacted to the point of becoming loss-making for the period.”
- “The completion of the sale of the Company by Ravenscroft Holdings Limited to Titan Wealth Services Limited and subsequent sale to Titan Investment Management Holdings Limited occurred on 27 March 2024. Titan Investment Management Holdings Limited is a discretionary investment management business operating across the United Kingdom. The ultimate controlling party of the Company has recently acquired a number of similar businesses in the United Kingdom and plans to intergrate the Company into its growing strategic network.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
2 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PULEIKIS, Mark Simon | Director | 2024-03-27 | Jul 1968 | British |
| VARTAN, Andrew Jonathan Robertson, Dr | Director | 2019-12-19 | May 1964 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCGALL, David Johnson | Secretary | 2021-03-02 | 2024-03-27 |
| APPLEBY, James Thomas Vernon | Director | 2019-04-04 | 2020-02-14 |
| BEDFORD, Adrian Jeremy Norville | Director | 2019-04-04 | 2019-12-19 |
| BOSCHER, Kevin Dudley | Director | 2020-06-12 | 2024-03-27 |
| BOUSFIELD, Mark Le Conte | Director | 2019-12-19 | 2024-03-27 |
| HUNT, Ashton Willis | Director | 2019-04-04 | 2019-12-19 |
| HUNT, Paul | Director | 2024-03-27 | 2025-09-26 |
| NEWBOULD, Robin James | Director | 2020-02-14 | 2020-06-12 |
| OLDFIELD KENYON, Michael Andrew | Director | 2020-02-14 | 2025-09-26 |
| REDFERN, David Ian | Director | 2019-04-04 | 2020-02-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ravenscroft Investments (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-02-14 | Active |
| Tees Financial Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-04-04 | Ceased 2020-02-14 |
Filing timeline
Last 20 of 48 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-07 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2026-03-13 | GUARANTEE2 | other | legacy |
| 2026-02-26 | GUARANTEE2 | other | legacy |
| 2026-02-26 | AGREEMENT2 | other | legacy |
| 2026-02-05 | GUARANTEE2 | other | legacy |
| 2025-09-29 | TM01 | officers | termination director company with name termination date |
| 2025-09-29 | TM01 | officers | termination director company with name termination date |
| 2025-04-17 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-10-09 | CH01 | officers | change person director company with change date |
| 2024-09-20 | AA | accounts | accounts with accounts type full |
| 2024-09-10 | AA01 | accounts | change account reference date company previous extended |
| 2024-05-22 | CH01 | officers | change person director company with change date |
| 2024-04-17 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-03-28 | TM01 | officers | termination director company with name termination date |
| 2024-03-28 | TM02 | officers | termination secretary company with name termination date |
| 2024-03-28 | TM01 | officers | termination director company with name termination date |
| 2024-03-28 | AP01 | officers | appoint person director company with name date |
| 2024-03-28 | AP01 | officers | appoint person director company with name date |
| 2023-09-25 | AA | accounts | accounts with accounts type full |
| 2023-04-04 | CS01 | confirmation-statement | confirmation statement with no updates |
Credit score
Altman Z″ (private-firm) · reference 2022-12-31
9.98
SAFE
Altman Z″
- Working capital / Total assets 0.686 × 6.56 = +4.50
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.412 × 6.72 = +2.77
- Book equity / Total liabilities 2.583 × 1.05 = +2.71
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory