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Cash

£1M

-88.2% vs 2023

Net assets

£246M

+73.6% vs 2023

Employees

Average over period

Profit before tax

£17M

+202.6% vs 2023

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover £5,982,000£18,028,000
Operating profit
Profit before tax £5,599,000£16,942,000
Net profit £1,322,000£9,544,000
Cash £11,139,000£1,315,000
Total assets less current liabilities £144,580,000£256,242,000
Net assets £141,623,000£245,886,000
Equity £141,623,000£245,886,000
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
Net margin 22.1%52.9%
Gearing (liabilities / total assets) 10.4%7.3%
Current ratio 0.89x0.32x

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)
Audit opinion
Unaudited (audit-exempt)
Going concern
Affirmed

“The financial statements have been prepared on the going concern basis of accounting. The directors have a reasonable expectation that the Company has adequate resources to implement its plans, continue in operational existence and meet its liabilities as they fall due for the foreseeable future. As at December 2025, the Company has £47.7m cash at bank and, even with no group funding until 31 December 2026, the Company can meet all its payment obligations. Therefore, the directors are satisfied that the Company would have a net asset position and enough cash to cover its costs until 31 December 2026 and beyond without the need for additional support from the rest of the group. Having taken the above into account, the directors are satisfied that the going concern basis of accounts preparation is appropriate.”

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

People

2 active · 2 resigned

Name Role Appointed Born Nationality
SAMANI, Sunil Director 2023-03-31 Jul 1983 British
SCOTT, Oliver Director 2023-03-31 Aug 1979 British
Show 2 resigned officers
Name Role Appointed Resigned
AMROLIA, Zarthustra Jal Director 2018-03-27 2023-03-31
GERKO, Alexander Director 2018-03-27 2023-03-31

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 16 of 16 total filings

Date Type Category Description
2025-12-30 AA accounts Accounts with accounts type full
2025-01-09 AA accounts Accounts with accounts type full
2024-01-08 AA accounts Accounts with accounts type full
2023-04-18 OSTM01 officers Termination person director overseas company with name termination date
2023-04-18 OSAP01 officers Appoint person director overseas company with name appointment date
2023-04-18 OSAP01 officers Appoint person director overseas company with name appointment date
2023-04-18 OSTM01 officers Termination person director overseas company with name termination date
2022-10-24 AA accounts Accounts with accounts type full
2021-10-08 AA accounts Accounts with accounts type full
2021-03-15 AA accounts Accounts with accounts type full
2021-02-22 OSCH02 other Change company details overseas company with change details
2019-12-23 AA accounts Accounts with accounts type full
2018-11-23 AA01 accounts Change account reference date company current shortened
2018-03-27 OS-PAR annual-return Appointment at registration of person authorised to represent
2018-03-27 OS-PAR annual-return Appointment at registration of person authorised to represent
2018-03-27 OSIN01 incorporation Register overseas company

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
1

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