IGNE TOPCO LIMITED
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Cash
£4M
-45% vs 2022
Net assets
£19M
-24% vs 2022
Employees
627
+4.7% vs 2022
Profit before tax
-£6M
-1,527.2% vs 2022
Name history
Renamed 1 time since incorporation
- IGNE TOPCO LIMITED 2025-03-17 → present
- SAFELANE GLOBAL HOLDINGS LIMITED 2018-09-03 → 2025-03-17
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2023-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Turnover | £80,161,142 | £72,571,316 | |
| Operating profit | £148,517 | -£4,745,145 | |
| Profit before tax | -£363,589 | -£5,916,409 | |
| Net profit | -£984,537 | -£6,032,797 | |
| Cash | £8,135,598 | £4,471,053 | |
| Total assets less current liabilities | £34,412,217 | £19,749,039 | |
| Net assets | £25,169,662 | £19,131,374 | |
| Equity | £25,169,662 | £19,131,374 | |
| Average employees | 599 | 627 | |
| Wages | £17,000,891 | £19,526,987 |
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 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating margin | 0.2% | -6.5% | |
| Net margin | -1.2% | -8.3% | |
| Return on capital employed | 0.4% | -24.0% | |
| Current ratio | 1.26x | 0.78x | |
| Interest cover | 0.29x | -3.94x |
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
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The business is financed through its cash reserves and is debt free. In addition, the Company has received a letter of support from its ultimate parent company, Solix Group AB...confirming its intention to provide the financial support as needed for a period of at least 12 months from the date of approval of these financial statements. Accordingly the directors believe it is appropriate to prepare these financial statements on a going concern basis.”
Group structure
- IGNE TOPCO LIMITED · parent
- SafeLane Group Limited 100%
- SafeLane Global (Gillingham) Limited 100%
- SafeLane Global Limited 100%
- Star Demining Limited 100%
- SafeLane Global GmbH 100%
- SafeLane Global (Pty) Ltd 100%
- SafeLane Global Mocambique Limitada 100%
- Raeburn Drilling & Geotechnical Limited 100%
- MineTech International for Mine Clearance LLC 100%
- MineTech International East Africa Company LLC 100%
- Raeburn Drilling & Geotechnical (Northern) Limited 100%
- Allied Exploration & Geotechnics Limited 100%
- DTS Raeburn Limited 100%
- Terra-Tek Limited 100%
- WB & AD Morgan Limited 100%
- Igne Group Limited 100%
- Igne UXO Limited 100%
- Agramkow UK Ltd (formerly Igne Holdings Ltd) 100%
- SafeLane Global International Limited 100%
Significant events
- “The Company commenced an administrative restructuring of its investments in September 2023, splitting the Group into three stand-alone businesses: International (SafeLane Global brand), German (SafeLane Deutschland brand), and UK (IGNE brand) businesses.”
- “In October 2024, as part of an administrative reorganisation, the Group sold its interest in SafeLane Global International Limited to an alternative investment vehicle under the control of existing shareholders. Dividends were paid from SafeLane Group Limited to SafeLane Global Holdings Limited and onwards to its shareholders as part payment.”
- “During the current year, the Group repaid all its bank issued term loans and replaced them with a new financing facility provided by Solix Group AB, one of the Company's shareholders, and other related companies.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AZTEC FINANCIAL SERVICES (JERSEY) LIMITED | Corporate Secretary | 2018-09-03 | — | — |
| CERVIN, Johan Olof | Director | 2018-09-04 | Apr 1960 | Swedish |
| HUNTER, Robert Edward | Director | 2018-09-03 | Sep 1972 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AINSWORTH, Adam Christopher John | Director | 2018-09-03 | 2023-02-10 |
| LOBB, Michael John | Director | 2018-09-03 | 2019-10-21 |
| MORRISON, Alastair George Angus | Director | 2018-09-04 | 2023-12-07 |
| O'SULLIVAN, Thomas Bernard | Director | 2023-02-10 | 2023-12-07 |
| RASMUSSEN, Jorgen Peter | Director | 2018-09-04 | 2023-12-07 |
| THORNING-SCHMIDT, Helle | Director | 2018-09-04 | 2023-12-07 |
| VIET-JACOBSON, Denis Jean Jorgen | Director | 2018-09-04 | 2020-09-17 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 29 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-03-17 OSNM01 Change of name overseas by resolution with date
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-04-02 | OSCH01 | other | Change company details by uk establishment overseas company with change details | |
| 2025-04-02 | OSCH01 | other | Change company details by uk establishment overseas company with change details | |
| 2025-03-17 | OSNM01 | change-of-name | Change of name overseas by resolution with date | |
| 2025-02-14 | AA | accounts | Accounts with accounts type group | |
| 2024-03-26 | OSCH02 | other | Change company details overseas company with change details | |
| 2023-12-21 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2023-12-21 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2023-12-21 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2023-12-21 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2023-10-12 | AA | accounts | Accounts with accounts type group | |
| 2023-03-30 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2023-02-27 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2022-05-31 | AA | accounts | Accounts with accounts type full | |
| 2021-06-04 | AA | accounts | Accounts with accounts type full | |
| 2020-10-09 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2020-07-10 | AA | accounts | Accounts with accounts type full | |
| 2019-11-18 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2019-08-01 | AA | accounts | Accounts with accounts type full | |
| 2018-10-26 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2018-10-26 | OSAP01 | officers | Appoint person director overseas company with name appointment date |
Public-record activity
Raw counts from Companies House — last 12–24 months
Year-on-year
FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31
-
Turnover
-9.5%
£80,161,142 £72,571,316
-
Cash
-45%
£8,135,598 £4,471,053
-
Net assets
-24%
£25,169,662 £19,131,374
-
Employees
+4.7%
599 627
-
Operating profit
-3,295%
£148,517 -£4,745,145
-
Profit before tax
-1,527.2%
-£363,589 -£5,916,409
-
Wages
+14.9%
£17,000,891 £19,526,987
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