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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-10-26 (in 5mo)

Last made up 2025-10-12

Watchouts

None on the register

Cash

£506K

+161.4% vs 2023

Net assets

-£403K

+26.1% vs 2023

Employees

2

0% vs 2023

Profit before tax

£12K

+103.5% vs 2023

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover £280,831£812,783
Operating profit -£336,017£32,512
Profit before tax -£356,521£12,377
Net profit -£356,521£142,299
Cash £193,501£505,786
Total assets less current liabilities -£232,984-£85,416
Net assets -£545,182-£402,883
Equity -£545,182-£402,883
Average employees 22
Wages £246,901£306,213

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 -119.7%4.0%
Net margin -127.0%17.5%
Return on capital employed 144.2%-38.1%
Gearing (liabilities / total assets) 272.7%147.2%
Current ratio 0.57x0.77x
Interest cover -16.38x1.61x

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

“We draw attention to the fact that at 31 December 2024, the company had accumulated losses of £ 402,893 and that the company's total liabilities exceed its total assets by £ 402,883. The directors believe that the company has adequate financial resources to continue in operation for the foreseeable future and accordingly the annual report and financial statements have been prepared on a going concern basis. The directors have satisfied themselves that the company is in a sound financial position and that it has access to sufficient borrowing facilities to meet its foreseeable cash requirements. These borrowing facilities will be made available, if required, by its parent and the directors have received a letter of support form the parent company to that effect.”

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
LIU, Jingzi Secretary 2021-10-13
DENEAU, Brian H Director 2021-10-13 May 1974 American
FOSKETT, John Ferguson Director 2021-10-13 Mar 1974 American
LIU, Jingzi Director 2021-10-13 May 1977 British

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Watchmaker Genomics Inc Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2021-10-13 Ceased 2022-10-18
Mr Andrew Richard Beaumont Individual Shares 75–100% 2021-10-13 Ceased 2021-10-13

Filing timeline

Last 14 of 14 total filings

Date Type Category Description
2025-10-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-02 AA accounts Accounts with accounts type full
2024-10-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-11 AA accounts Accounts with accounts type full
2023-10-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-07-24 AA accounts Accounts with accounts type full
2022-10-21 PSC08 persons-with-significant-control Notification of a person with significant control statement PDF
2022-10-20 CS01 confirmation-statement Confirmation statement with updates PDF
2022-10-19 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2022-03-21 AD01 address Change registered office address company with date old address new address PDF
2022-02-25 AA01 accounts Change account reference date company current extended PDF
2021-10-15 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2021-10-15 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2021-10-13 NEWINC incorporation Incorporation company PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

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