AKOYA REITCO LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-08 (in 5mo)
Last made up 2025-09-24
Watchouts
None on the register
Cash
£11M
-19.1% vs 2023
Net assets
£177M
+2.3% vs 2023
Employees
0
Average over period
Profit before tax
-£13M
+46.6% vs 2023
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £13,644,389 | £16,168,151 | |
| Operating profit | -£12,515,629 | £3,734,742 | |
| Profit before tax | -£25,022,926 | -£13,371,260 | |
| Net profit | -£25,508,022 | -£13,958,412 | |
| Cash | £13,467,716 | £10,900,327 | |
| Total assets less current liabilities | £359,252,804 | £341,589,623 | |
| Net assets | £172,665,189 | £176,721,233 | |
| Equity | £172,665,189 | £176,721,233 | |
| Average employees | 0 | 0 | |
| Wages | £0 | £0 |
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 | -91.7% | 23.1% | |
| Net margin | -186.9% | -86.3% | |
| Return on capital employed | -3.5% | 1.1% | |
| Gearing (liabilities / total assets) | 59.8% | 60.6% | |
| Current ratio | 0.29x | 0.20x | |
| Interest cover | -0.97x | 0.21x |
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
- Consolidated group
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. Management have scrutinised the Group model, the individual asset business plans, cash balances, undrawn debt facilities and carefully considered the impact on the Group of the economic downturn. Having assessed the heightened risks as well as mitigating factors and management strategies available to reduce such risks, the Directors have determined that the Group has adequate resources to continue in operational existence for the foreseeable future.”
Group structure
- AKOYA REITCO LIMITED · parent
- Akoya Bidco Limited 100%
- Akoya Bidco 2 Limited 100%
- Akoya Bidco 3 Limited 100%
- Akoya Lonsdale Limited 100%
- Akoya NW Works Limited 100%
- Akoya Netil House Limited 100%
- Rachel Securities Limited 100%
- Akoya Power Road Limited 100%
- Akoya Salusbury Limited 100%
- Allenby Investment Holdings Limited 100%
- Akoya Carlson Limited 100%
- Akoya Propco 4 Limited 100%
- Akoya Croydon Limited 100%
- Akoya Power Road Hold Limited 100%
Significant events
- “On 13 January 2025, Akoya Bidco 2 Limited drew down an additional £450,000 of its available OCBC loan facility.”
- “On 13 February 2025, Akoya Bidco 2 Limited drew down the remaining £403,000 of its available OCBC loan facility.”
- “On 23 April 2025, Akoya Propco 4 Limited purchased a 12 month interest rate cap derivative, against the Metlife facility, at a premium of £503,000 with a strike rate of 3.25%.”
- “Pearl UK Midco Limited, Pearl UK Holdco Limited, House Owners Investments Limited and House Owners Investments (London) Limited were dissolved on 19 March 2025.”
- “Rachel Securities Limited was liquidated on 12 May 2025.”
- “On 12 May 2025, Akoya REITco Limited issued 1 Ordinary share for an amount of £11,048,408.”
- “On 12 May 2025, Akoya Bidco Limited issued 1 Ordinary share for an amount of £1,337,054.”
- “On 12 May 2025, Akoya Bidco 2 Limited issued 1 Ordinary share for an amount of £7,511,727.”
- “On 12 May 2025, Akoya Bidco 3 Limited issued 1 Ordinary share for an amount of £1,999,626.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CAHOON, Norman Iain | Director | 2019-10-10 | Jul 1979 | British |
| NOBLETT, Gavin Mark | Director | 2025-08-13 | Feb 1989 | British |
| TURNER, David | Director | 2019-09-27 | Jan 1969 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AMIES, William George | Director | 2019-09-27 | 2019-10-10 |
| NIGAM, Devesh | Director | 2019-10-10 | 2025-08-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Akoya General Partner Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-09-27 | Active |
Filing timeline
Last 20 of 44 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-16 | AA | accounts | Accounts with accounts type group | |
| 2025-11-17 | SH01 | capital | Capital allotment shares | |
| 2025-10-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-08 | CH01 | officers | Change person director company with change date | |
| 2025-09-30 | SH01 | capital | Capital allotment shares | |
| 2025-09-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-20 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-12 | SH01 | capital | Capital allotment shares | |
| 2025-05-12 | SH01 | capital | Capital allotment shares | |
| 2024-11-28 | SH01 | capital | Capital allotment shares | |
| 2024-10-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-21 | AA | accounts | Accounts with accounts type group | |
| 2024-09-12 | SH01 | capital | Capital allotment shares | |
| 2024-05-17 | SH01 | capital | Capital allotment shares | |
| 2024-04-24 | CH01 | officers | Change person director company with change date | |
| 2024-02-28 | SH01 | capital | Capital allotment shares | |
| 2023-09-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-07-27 | AA | accounts | Accounts with accounts type group | |
| 2023-07-05 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 7
- Officers appointed
- 1
- Officers resigned
- 1
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
+18.5%
£13,644,389 £16,168,151
-
Cash
-19.1%
£13,467,716 £10,900,327
-
Net assets
+2.3%
£172,665,189 £176,721,233
-
Employees
—
Not reported
-
Operating profit
+129.8%
-£12,515,629 £3,734,742
-
Profit before tax
+46.6%
-£25,022,926 -£13,371,260
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