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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-11-30 (in 6mo)

Last made up 2025-11-16

Watchouts

None on the register

Cash

£684K

-4.5% vs 2023

Net assets

£119K

+310.3% vs 2023

Employees

11

+57.1% vs 2023

Profit before tax

-£137K

-61.2% vs 2023

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover £9,066,000£11,467,000
Operating profit £21,000-£81,000
Profit before tax -£85,000-£137,000
Net profit -£89,000-£134,000
Cash £716,000£684,000
Total assets less current liabilities £33,000£120,000
Net assets £29,000£119,000
Equity £29,000£119,000
Average employees 711
Wages £1,637,000£2,281,000

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 0.2%-0.7%
Net margin -1.0%-1.2%
Return on capital employed 63.6%-67.5%
Current ratio 0.99x1.02x
Interest cover 0.19x-1.27x

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)
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
Ernst & Young, Chartered Accountants
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Company generated a net loss of £134,000 (2023: net loss £89,000), has net assets of £119,000 (2023: net assets £29,000) and current assets of the Company exceeded its current liabilities by £71,000 (2023: current liabilities exceeded its current assets of £37,000). The Directors have received a letter of ongoing financial support from the ultimate parent company Abbott Laboratories. The Directors have no reason to believe that a material uncertainty exists that may cast significant doubt about the ability of Abbott Laboratories to honour the letter of ongoing financial support. Therefore, after considering the letter of support, and after making other enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of twelve months from the date of approval of these financial statements. Accordingly, the Directors continue to adopt the going concern basis of accounting 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

4 active · 1 resigned

Name Role Appointed Born Nationality
GOGAY, Kevan, Mr. Secretary 2023-06-05
CAMPBELL, Ross Iain Director 2025-04-25 Apr 1976 British
CLAYTON, Michael Robert Kendall Director 2022-12-02 Apr 1974 British
SLATER, Bradley Jay Director 2022-12-02 Mar 1969 American
Show 1 resigned officer
Name Role Appointed Resigned
HARRIS, Neil Director 2022-12-02 2025-04-25

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Abbott Laboratories Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2022-12-02 Active

Filing timeline

Last 9 of 9 total filings

Date Type Category Description
2025-11-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-08 AA accounts Accounts with accounts type full
2025-05-01 AP01 officers Appoint person director company with name date PDF
2025-04-30 TM01 officers Termination director company with name termination date PDF
2024-12-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-22 AA accounts Accounts with accounts type full
2023-12-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-08-17 AP03 officers Appoint person secretary company with name date PDF
2022-12-02 NEWINC incorporation Incorporation company PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

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