KENSINGTON RG LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-20 (in 6mo)
Last made up 2025-11-06
Watchouts
None on the register
Cash
£84K
-73.9% vs 2023
Net assets
-£40M
-183.7% vs 2023
Employees
135
+650% vs 2023
Profit before tax
-£26M
-290% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £338,000 | £4,303,000 | |
| Operating profit | -£6,140,000 | -£22,417,000 | |
| Profit before tax | -£6,627,000 | -£25,847,000 | |
| Net profit | -£6,627,000 | -£25,847,000 | |
| Cash | £322,000 | £84,000 | |
| Total assets less current liabilities | -£6,627,000 | -£32,359,000 | |
| Net assets | -£14,070,000 | -£39,917,000 | |
| Equity | -£14,070,000 | -£39,917,000 | |
| Average employees | 18 | 135 | |
| Wages | £1,837,000 | £7,999,000 |
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 | -1816.6% | -521.0% | |
| Net margin | -1960.7% | -600.7% | |
| Return on capital employed | 92.7% | 69.3% | |
| Gearing (liabilities / total assets) | 136.3% | 180.8% | |
| Current ratio | 0.08x | 0.03x | |
| Interest cover | -12.61x | -6.54x |
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 101 Reduced Disclosure Framework
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Whilst the Company made a loss for the year ended 31 December 2024, and has net liabilities, the financial statements have been prepared on a going concern basis as the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Further details are in note 2.2 of the financial statements.”
Significant events
- “On 16 April 2025, Kensington RG Ltd entered into a loan with Ben Oldman Shared Opportunities Fund SCA SICAV-RAIF. The Senior Facility Agreement provided £15 million gross proceeds for the period through 31 May 2026. The loan is subject to interest of 17.5% per annum and is secured against the Company as well as a receivable due to Imagination Industries Holdings Limited, as the Company's immediate parent. There are no financial covenants applicable to the loan.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CASEY, Vincent Francis | Director | 2020-07-23 | Feb 1983 | British |
| FITZPATRICK, Stephen James | Director | 2020-07-23 | Sep 1977 | British |
| NUTBEAM, Benjamin Jordan | Director | 2024-02-19 | May 1986 | British |
| WALTER, Souad | Director | 2024-02-19 | Jun 1967 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Imagination Industries Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-07-23 | Active |
Filing timeline
Last 20 of 41 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-05-01 RESOLUTIONS Resolution
- 2025-05-01 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-11 | AA | accounts | Accounts with accounts type full | |
| 2025-05-01 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-01 | MA | incorporation | Memorandum articles | |
| 2025-04-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-04 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-01-04 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-11-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-11-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-11-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-10-18 | AA | accounts | Accounts with accounts type full | |
| 2024-02-20 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-20 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-21 | AA | accounts | Accounts with accounts type audit exemption subsiduary | |
| 2023-09-21 | PARENT_ACC | accounts | Legacy | |
| 2023-09-21 | AGREEMENT2 | other | Legacy | |
| 2023-09-21 | GUARANTEE2 | other | Legacy | |
| 2022-11-07 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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
+1,173.1%
£338,000 £4,303,000
-
Cash
-73.9%
£322,000 £84,000
-
Net assets
-183.7%
-£14,070,000 -£39,917,000
-
Employees
+650%
18 135
-
Operating profit
-265.1%
-£6,140,000 -£22,417,000
-
Profit before tax
-290%
-£6,627,000 -£25,847,000
-
Wages
+335.4%
£1,837,000 £7,999,000
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