UK Companies House feature
CARMOOLA GROUP LIMITED
Cash
£8M
+336.4% vs 2021
Net assets
£13M
+664.5% vs 2021
Employees
4
-50% vs 2021
Profit before tax
—
Period ending 2022-11-30
Profile
- Company number
- 13011635
- Status
- Active
- Incorporation
- 2020-11-11
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62090
Net assets
2-year trend · vs UK AI & Enterprise SaaS median
Accounts
2-year trend · latest 2022-11-30
| Metric | Trend | 2021-11-30 | 2022-11-30 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | — | — | |
| Cash | £1,891,359 | £8,254,582 | |
| Total assets less current liabilities | — | — | |
| Net assets | £1,691,981 | £12,934,531 | |
| Equity | — | £12,934,531 | |
| Average employees | 8 | 4 | |
| Wages | £339,813 | £177,949 |
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
- Consolidated (group)
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Carmoola enjoys excellent relationships with its investor base and recently completed a £15M equity round in early 2025. This cash will support the existing debt facilities we have in place and enable us to continue scaling our customer base. While the formal documentation of the new facility is not yet complete, the directors are confident, based on the advanced stage of negotiations and written confirmation from the lender of their intent to conclude, that the facility will be executed in the coming weeks. The directors have also prepared cash flow forecasts which demonstrate that the Company will be able to continue to meet its obligations as they fall due, even in the event of any unforeseen delay in the conclusion of the new facility. Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis.”
Subsidiaries
- Carmoola Midco Limited · 100% held · UK
- Carmoola Corporate Services Limited · 100% held · UK
- Carmoola Limited · 100% held · UK
- Carmoola Funding 1 Limited · 100% held · UK
- Moola Asset Management Limited · 100% held · UK
- Carmoola Funding 2 Limited · 100% held · UK
Significant events
- “Post year end funding activities include the issuance of Series A-5 preferred shares raising £15M in February 2025.”
- “On 25 October 2024, the Court of Appeal handed down judgment in the cases of Hopcraft, Wrench and Johnson, establishing a common law requirement for enhanced commission disclosure, beyond existing FCA regulatory requirements. The Supreme Court heard the appeal in these cases between 1-3 April 2025, and judgment is awaited.”
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
7 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| APOSTOLAKIS, Apostolos | Director | 2023-10-30 | Mar 1974 | Greek |
| ARMSTRONG, Daniel | Director | 2022-01-05 | Oct 1980 | English |
| DYKES, Jasper | Director | 2020-12-20 | Feb 1989 | English |
| OZDALGA, Yusuf | Director | 2022-11-22 | May 1975 | Swedish |
| PORTER, Kenneth Marshall | Director | 2025-02-13 | Jul 1979 | American |
| RUSHBY, Aidan Thomas | Director | 2020-11-11 | Oct 1985 | British |
| VASILATOS, Nikolaos | Director | 2023-10-30 | Jul 1976 | American,Greek |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Aidan Thomas Rushby | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-11-11 | Ceased 2021-05-31 |
Filing timeline
Last 20 of 70 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-10-16 | RESOLUTIONS | resolution | resolution |
| 2025-09-23 | AA | accounts | accounts with accounts type group |
| 2025-05-21 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-03-13 | RESOLUTIONS | resolution | resolution |
| 2025-03-13 | MA | incorporation | memorandum articles |
| 2025-02-14 | SH01 | capital | capital allotment shares |
| 2025-02-14 | AP01 | officers | appoint person director company with name date |
| 2024-12-17 | MA | incorporation | memorandum articles |
| 2024-11-19 | PSC08 | persons-with-significant-control | notification of a person with significant control statement |
| 2024-11-13 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-08-19 | AA01 | accounts | change account reference date company current extended |
| 2024-08-07 | AA | accounts | accounts with accounts type group |
| 2024-06-06 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-06-06 | CH01 | officers | change person director company with change date |
| 2024-06-06 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2024-06-06 | CH01 | officers | change person director company with change date |
| 2024-06-05 | CH01 | officers | change person director company with change date |
| 2024-06-05 | CH01 | officers | change person director company with change date |
| 2024-06-05 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2024-06-05 | CH01 | officers | change person director company with change date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory