NORTHERN GRITSTONE LIMITED

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

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.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which the Directors consider to be appropriate for the following reasons. The Directors have prepared a medium-term financial plan, including cash flow forecasts for a period of 12 months from the date of approval of these financial statements”

Group structure

1. NORTHERN GRITSTONE LIMITED · parent
   1. Northern Gritstone Investment Manager Limited 1% · England
   2. Northern Gritstone Innovation Services Limited 1% · England

Significant events

• “We welcomed two new shareholders: Fulcrum Asset Management; and Aviva PLC; as well as three existing shareholders increasing their current shareholdings: Greater Manchester Pension Fund; Merseyside Pension Fund; and West Yorkshire Pension Fund.”
• “C-Capture ceased trading in the period, having failed to attract the funds necessary to continue operations. Consequently, the fair value of Northern Gritstone's investment in the company was nil at 31 March 2025, with a (1.3)m negative fair value movement recognised in the year.”

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

Filings

8

last 12 months

Capital events

6

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +51%

  £404,000 → £610,000

• Cash

  -44.4%

  £15,022,000 → £8,346,000

• Net assets

  +23.6%

  £77,682,000 → £96,028,000

• Employees

  +42.1%

  19 → 27

• Operating profit

  -137.1%

  -£4,665,000 → -£11,061,000

• Profit before tax

  -174.2%

  -£3,783,000 → -£10,373,000

• Wages

  +41.2%

  £2,434,000 → £3,436,000

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