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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-08-15 (in 3mo)

Last made up 2025-08-01

Watchouts

None on the register

Cash

£696

Latest balance sheet

Net assets

-£3M

Equity attributable

Employees

Average over period

Profit before tax

-£1M

Period ending 2024-12-31

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover
Operating profit -£54,872-£32,986
Profit before tax -£1,315,720-£1,293,351
Net profit -£1,315,720-£1,293,351
Cash £5,007£696
Total assets less current liabilities £17,377,083£17,375,568
Net assets -£1,315,620-£2,608,971
Equity -£1,315,620-£2,608,971
Average employees
Wages

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
Return on capital employed -0.3%-0.2%
Current ratio 1093.01x1148.05x
Interest cover -0.04x-0.03x

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 102
Reporting scope
Standalone (parent only)
Auditor
KPMG
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The company had net liabilities of £2,608,971 (2023: £1,315,620) as at 31 Dec 2024. Directors prepared cash flow forecasts for >12 months, indicating sufficient funds through development operations or support from Prologis, Inc., who confirmed intent to provide continued financial support. Directors are confident and prepared statements on a going concern basis.”

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

People

2 active · 0 resigned

Name Role Appointed Born Nationality
SMITH, Nicholas David Mayhew Director 2022-08-02 Oct 1968 British
WESTON, Paul David Director 2022-08-02 Nov 1968 British

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Prologis Inc Corporate entity Significant influence 2022-08-02 Active

Filing timeline

Last 7 of 7 total filings

Date Type Category Description
2025-09-09 AA accounts Accounts with accounts type full
2025-08-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-08-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-04-08 AA accounts Accounts with accounts type small
2023-08-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-12-15 AA01 accounts Change account reference date company current extended PDF
2022-08-02 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

Year-on-year comparison hidden: this filing covers about 12 months versus 17 months prior.

Official Companies House page