SUBMIN HOLDINGS LIMITED
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Cash
£358K
+8.4% vs 2023
Net assets
-£3M
-48.8% vs 2023
Employees
78
+4% vs 2023
Profit before tax
-£1M
-137.9% vs 2023
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £7,947,634 | £8,725,144 | |
| Operating profit | £2,748,330 | -£1,020,607 | |
| Profit before tax | £2,706,239 | -£1,024,616 | |
| Net profit | £1,229,198 | -£1,024,616 | |
| Cash | £330,370 | £358,105 | |
| Total assets less current liabilities | -£2,099,147 | -£2,073,828 | |
| Net assets | -£2,099,147 | -£3,123,762 | |
| Equity | -£1,903,876 | -£2,928,408 | |
| Average employees | 75 | 78 | |
| Wages | £2,712,839 | £2,737,749 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 34.6% | -11.7% | |
| Net margin | 15.5% | -11.7% | |
| Return on capital employed | -130.9% | 49.2% | |
| Gearing (liabilities / total assets) | 167.9% | 209.6% | |
| Current ratio | 0.38x | 0.28x | |
| Interest cover | 65.28x | -237.30x |
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
- Consolidated group
- Audit opinion
- Unaudited (audit-exempt)
- Going concern
- Affirmed
“The Directors have reviewed cash flow forecasts of the Group and have a reasonable expectation that the Group has adequate resources to continue operations for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing these annual financial statements.”
Group structure
- SUBMIN HOLDINGS LIMITED · parent
- Ministry of Sound Group Ltd 100%
- Ministry of Sound Licensing Limited 100%
- Nimbus Holdings Limited 100%
- Ministry of Sound Limited 100%
- MOS Publishing Limited 70.6%
- Music Does Fitness Limited 100%
- MOS Tours & Events Limited 100%
Significant events
- “Following on from the challenging year in the nightime entertainment business in 2023, these conditions continued into early 2024, however the second half of the year saw a strong return to form with attendance exceeding 6,000 per week along with improved margins. There was significant refurbishment and investment in marketing that has brought a new and growing younger audience to the venue. Significant investment into club refurbishments in 2024 and 2025 have successfully increased revenue and further refurbishment of the club's world reknown Box will increase capacity and attract even more clubbers.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HOLMAN, Richard John Gawen | Secretary | 2017-01-05 | — | — |
| HOLMAN, Richard John Gawen | Director | 2017-01-05 | Jun 1943 | British |
| PRESENCER, Lohan | Director | 2016-07-11 | Oct 1970 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| APFEL, Marcel Jack | Secretary | 2016-07-11 | 2017-01-05 |
| APFEL, Marcel Jack | Director | 2016-07-11 | 2017-01-05 |
| BEVAN, Jonathan David | Director | 2017-01-05 | 2018-02-26 |
| LORD PALUMBO OF SOUTHWARK, James Rudolph | Director | 2016-07-11 | 2017-01-05 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 23 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-10 | AA | accounts | Accounts with accounts type full | |
| 2024-12-10 | AA | accounts | Accounts with accounts type group | |
| 2024-07-31 | AA | accounts | Accounts with accounts type group | |
| 2022-10-05 | AA | accounts | Accounts with accounts type full | |
| 2022-02-14 | AA | accounts | Accounts with accounts type full | |
| 2021-09-07 | AA | accounts | Accounts with accounts type full | |
| 2021-04-30 | OSCH02 | other | Change company details overseas company with change details | |
| 2019-10-26 | AA | accounts | Accounts with accounts type full | |
| 2018-12-24 | AA | accounts | Accounts with accounts type full | |
| 2018-04-18 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2018-04-05 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2018-02-16 | AA | accounts | Accounts with accounts type full | |
| 2017-03-31 | AA01 | accounts | Change account reference date company previous shortened | |
| 2017-03-09 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2017-02-17 | OSAP03 | officers | Appoint person secretary overseas company with appointment date | |
| 2017-02-17 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2017-02-17 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2017-02-17 | OSTM02 | officers | Termination person secretary overseas company with name termination date | |
| 2017-02-17 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2016-07-11 | OS-PAR | annual-return | Appointment at registration of person authorised to represent |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
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
-
Turnover
+9.8%
£7,947,634 £8,725,144
-
Cash
+8.4%
£330,370 £358,105
-
Net assets
-48.8%
-£2,099,147 -£3,123,762
-
Employees
+4%
75 78
-
Operating profit
-137.1%
£2,748,330 -£1,020,607
-
Profit before tax
-137.9%
£2,706,239 -£1,024,616
-
Wages
+0.9%
£2,712,839 £2,737,749
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