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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-08-28 (in 3mo)

Last made up 2025-08-14

Watchouts

None on the register

Cash

£41M

Latest balance sheet

Net assets

£49M

Equity attributable

Employees

161

Average over period

Profit before tax

-£53M

Period ending 2025-03-31

Accounts

2-year trend · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31
Turnover
Operating profit -£34,000,000-£42,500,000
Profit before tax -£38,600,000-£53,000,000
Net profit -£38,600,000-£53,000,000
Cash £1,600,000£41,000,000
Total assets less current liabilities £169,200,000£52,800,000
Net assets £38,400,000£49,400,000
Equity £38,400,000£49,400,000
Average employees 23161
Wages £1,632,000£15,501,000

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 2024-03-312025-03-31
Return on capital employed -20.1%-80.5%
Gearing (liabilities / total assets) 82.3%88.6%
Current ratio 0.05x0.12x
Interest cover -6.94x-3.90x

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
Consolidated group
Auditor
KPMG LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Group or the Company or to cease their operations, and as they have concluded that the Group and the Company's financial position means that this is realistic. They have also concluded that there are no material uncer”

Group structure

  1. AGRATAS LIMITED · parent
    1. Agratas LLC 100% · USA · support the R&D work of the Group

Significant events

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

People

5 active · 4 resigned

Name Role Appointed Born Nationality
HARBER, Ben Secretary 2024-03-19
BHEMAIAH, Chinappa Muckatira Director 2024-05-02 Jan 1968 Indian
CHOUDHURY, Sucharita Director 2024-10-25 Jul 1975 Indian
FLACK, Thomas Cannon Director 2023-08-14 Sep 1968 American
JONES, Deborah Director 2025-02-06 Jan 1980 British
Show 4 resigned officers
Name Role Appointed Resigned
BALAJI, Pathamadai Balachandran Director 2024-10-25 2026-02-06
BALDEY, Simon Timothy Jon Director 2023-12-08 2024-12-06
KIRNER, Hanno Director 2023-08-14 2023-12-08
PARTHASARATHY, Sundararajan Director 2023-08-14 2024-05-02

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 36 total filings

Date Type Category Description
2026-03-23 SH01 capital Capital allotment shares PDF
2026-02-17 TM01 officers Termination director company with name termination date PDF
2025-12-23 SH01 capital Capital allotment shares PDF
2025-12-02 SH01 capital Capital allotment shares PDF
2025-10-14 AA accounts Accounts with accounts type group
2025-09-02 CS01 confirmation-statement Confirmation statement with updates PDF
2025-09-01 SH01 capital Capital allotment shares PDF
2025-07-03 SH01 capital Capital allotment shares PDF
2025-06-05 SH01 capital Capital allotment shares PDF
2025-04-28 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-04-16 MR04 mortgage Mortgage satisfy charge full PDF
2025-04-04 SH01 capital Capital allotment shares PDF
2025-02-12 AP01 officers Appoint person director company with name date PDF
2025-02-12 SH01 capital Capital allotment shares PDF
2025-01-09 TM01 officers Termination director company with name termination date PDF
2024-12-02 SH01 capital Capital allotment shares PDF
2024-12-02 SH01 capital Capital allotment shares PDF
2024-10-25 AP01 officers Appoint person director company with name date PDF
2024-10-25 AP01 officers Appoint person director company with name date PDF
2024-08-29 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
9

last 12 months

Capital events
10

last 24 months

Officers appointed
0

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.

Year-on-year

FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31

Year-on-year comparison hidden: this filing covers about 12 months versus 8 months prior.

Official Companies House page