UK Companies House feature
CUSHON MT LIMITED
Cash
£2M
+66.4% vs 2023
Net assets
-£14M
-265.9% vs 2023
Employees
5
-28.6% vs 2023
Profit before tax
-£10M
-239.4% vs 2023
Profile
- Company number
- 12366412
- Status
- Active
- Incorporation
- 2019-12-17
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Net assets
4-year trend · vs UK Fintech median
Accounts
4-year trend · latest 2023-12-31
| Metric | Trend | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2023-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £2,197,398 | £1,725,279 | |
| Operating profit | — | — | £191,320 | £238,819 | |
| Profit before tax | — | — | -£3,053,759 | -£10,365,023 | |
| Net profit | — | — | — | — | |
| Cash | £469,184 | £2,666,104 | £914,589 | £1,521,565 | |
| Total assets less current liabilities | £328,721 | £7,155,536 | -£3,898,223 | £37,133,931 | |
| Net assets | £328,721 | -£844,464 | -£3,898,223 | -£14,263,246 | |
| Equity | £328,721 | -£844,464 | -£3,898,223 | -£14,263,246 | |
| Average employees | 2 | 2 | 7 | 5 | |
| Wages | — | — | £104,403 | £64,149 |
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
- Ernst & Young LLP
- 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. 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 12 months from when the financial statements are authorised for issue.”
Subsidiaries
- Creative Benefit Solutions Ltd
Significant events
- “On 10 December 2025, NatWest Group announced that Willis Towers Watson (WTW) will acquire 100% of the NW A Holdings Ltd shareholding including Cushon Group and subsidiaries.”
- “In February 2026, Cushon merged the CPT into the Cushon Master Trust (CMT) which was the first key step to fully consolidating members.”
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
5 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLUTTERBUCK, Troy Adam | Director | 2020-06-24 | Sep 1974 | British,Australian |
| HODGES, Charlotte Mary | Director | 2026-04-30 | Oct 1970 | British |
| KOERNER, Alice Rachel | Director | 2026-04-30 | Apr 1982 | British |
| NASH, Gareth James | Director | 2023-08-18 | Sep 1987 | British |
| RICKARD, Howard Anthony | Director | 2026-04-30 | Mar 1972 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| NATWEST GROUP SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2023-06-01 | 2026-04-30 |
| BLACKMAN, Andrew John | Director | 2019-12-17 | 2020-04-01 |
| CUMBERS, Matthew | Director | 2023-08-18 | 2026-04-30 |
| GODDARD, Steven Michael | Director | 2019-12-17 | 2020-04-01 |
| HOLLINGDALE, Philip John | Director | 2020-04-01 | 2023-06-01 |
| HOWORTH, Duncan Craig | Director | 2020-04-01 | 2023-08-18 |
| POLLARD, Ben | Director | 2020-04-01 | 2023-08-18 |
| STUCKEY, Stuart Alan | Director | 2020-04-01 | 2023-06-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cushon Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-04-01 | Active |
| Goddard Perry Consulting Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2019-12-17 | Ceased 2020-04-01 |
Filing timeline
Last 20 of 73 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-05-07 | AP01 | officers | appoint person director company with name date |
| 2026-05-07 | AP01 | officers | appoint person director company with name date |
| 2026-05-07 | AP01 | officers | appoint person director company with name date |
| 2026-05-07 | TM02 | officers | termination secretary company with name termination date |
| 2026-05-07 | TM01 | officers | termination director company with name termination date |
| 2026-05-07 | AD01 | address | change registered office address company with date old address new address |
| 2026-05-04 | AA | accounts | accounts with accounts type full |
| 2025-12-18 | SH20 | capital | legacy |
| 2025-12-18 | CAP-SS | insolvency | legacy |
| 2025-12-18 | RESOLUTIONS | resolution | resolution |
| 2025-12-18 | SH19 | capital | capital statement capital company with date currency figure |
| 2025-12-18 | SH20 | capital | legacy |
| 2025-12-18 | CAP-SS | insolvency | legacy |
| 2025-12-18 | RESOLUTIONS | resolution | resolution |
| 2025-12-17 | SH01 | capital | capital allotment shares |
| 2025-10-02 | AA | accounts | accounts with accounts type full |
| 2025-07-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-09-19 | AA | accounts | accounts with accounts type full |
| 2024-07-01 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-06-03 | PSC05 | persons-with-significant-control | change to a person with significant control |
Credit score
Altman Z″ (private-firm) · reference 2023-12-31
-0.17
DISTRESS
Altman Z″
- Working capital / Total assets 0.010 × 6.56 = +0.06
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.006 × 6.72 = +0.04
- Book equity / Total liabilities -0.258 × 1.05 = -0.27
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
Composite activity score · components 0–100 · reference 2026-05-10
72.5
WARM
/ 100
- Filings velocity 100
- Capital events 80
- Officer churn 100
- Headcount trajectory 21
- Accounts trajectory 29
- 17 filing(s) in last 12 months
- 4 capital event(s) in last 24 months
- 3 appointed, 2 resigned (12mo)
- Employees -29% YoY
- Turnover -21% YoY