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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-02-23

Overdue

Watchouts

1 item

Cash

£2M

+34.4% vs 2023

Net assets

£5M

+34.5% vs 2023

Employees

74

-3.9% vs 2023

Profit before tax

£2M

+112.8% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £10,058,000£12,279,000
Operating profit £766,000£1,599,000
Profit before tax £742,000£1,579,000
Net profit £536,000£1,182,000
Cash £1,241,000£1,668,000
Total assets less current liabilities £3,918,000£5,248,000
Net assets £3,428,000£4,610,000
Equity £3,428,000£4,610,000
Average employees 7774
Wages £2,835,000£2,942,000

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 2023-12-312024-12-31
Operating margin 7.6%13.0%
Net margin 5.3%9.6%
Return on capital employed 19.6%30.5%
Gearing (liabilities / total assets) 55.9%56.9%
Current ratio 1.83x1.79x
Interest cover 31.92x79.95x

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
IFRS
Reporting scope
Standalone (parent only)
Auditor
Forvis Mazars LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“As part of regular assessment of the company's financial performance and position, a detailed bottom up forecast and cashflow has been made covering to December 2026. This forecast considers any adverse impacts on the company which includes currency risk, and the directors have a reasonable expectation from these forecasts that the company has adequate resources to continue in operational existence for at least 12 months from the signing of the audit report. The Company continues to increase its customer base and continues to have a healthy bank balance. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements.”

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

People

3 active · 0 resigned

Name Role Appointed Born Nationality
HSIN, Hua-Hsi Director 2020-08-16 Dec 1962 Chinese
LIN, Hung-Chun Director 2020-08-16 Nov 1974 Chinese
NIEDERGANG, Jean-Philippe Director 2020-08-16 Dec 1964 French

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Castles Technology Co., Ltd Corporate entity Shares 75–100%, Voting 75–100% 2020-08-16 Active

Filing timeline

Last 13 of 13 total filings

Date Type Category Description
2025-11-27 AA accounts Accounts with accounts type full
2025-02-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-02-13 AA accounts Accounts with accounts type full
2024-03-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-02-16 AA accounts Accounts with accounts type full
2023-03-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-09-09 AA accounts Accounts with accounts type full
2022-03-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-02-09 CS01 confirmation-statement Confirmation statement with updates PDF
2020-12-22 SH01 capital Capital allotment shares PDF
2020-12-21 AA01 accounts Change account reference date company current extended PDF
2020-12-21 AD01 address Change registered office address company with date old address new address PDF
2020-08-16 NEWINC incorporation Incorporation company PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
1

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

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

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

Official Companies House page