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Cash

£4M

+95.2% vs 2023

Net assets

£8M

-90% vs 2023

Employees

4

0% vs 2023

Profit before tax

-£70M

+78.9% vs 2023

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover £897,510£1,833,912
Operating profit -£334,458,395-£70,565,237
Profit before tax -£334,382,068-£70,491,160
Net profit -£334,382,068-£70,491,160
Cash £1,842,376£3,595,976
Total assets less current liabilities £78,431,271£7,856,563
Net assets £78,431,271£7,856,563
Equity £78,431,271£7,856,563
Average employees 44
Wages £17,961£18,467

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 -37265.1%-3847.8%
Net margin -37256.6%-3843.8%
Return on capital employed -426.4%-898.2%
Gearing (liabilities / total assets) 0.0%0.3%
Current ratio 91.37x175.08x
Interest cover -304884.59x-85637.42x

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

“The accounts are prepared on a going concern basis as in the opinion of the Directors, the Company is able to meet its running cost for the foreseeable future”

Significant events

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

People

4 active · 0 resigned

Name Role Appointed Born Nationality
CRESTBRIDGE CORPORATE SERVICES LIMITED Corporate Secretary 2020-06-04
GATT, Hans-Jorg Director 2020-06-04 Mar 1969 Swedish
RAMEL, Hans Director 2020-06-04 Nov 1964 Swedish
STENMO, Fredrik Director 2020-06-04 Feb 1971 Swedish

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 13 of 13 total filings

Date Type Category Description
2025-12-03 AA accounts Accounts with accounts type full
2024-08-05 AA accounts Accounts with accounts type full
2023-10-30 AA accounts Accounts with accounts type full
2023-01-09 AA accounts Accounts with accounts type full
2023-01-09 AA01 accounts Change account reference date company current shortened
2022-09-01 OSCH01 other Change company details by uk establishment overseas company with change details
2022-08-24 OSCH07 officers Change person authorised overseas company with change date
2022-08-24 OSCH01 other Change company details by uk establishment overseas company with change details
2022-08-24 OSCH09 officers Change person authorised to represent overseas company with change date
2021-09-16 AA accounts Accounts with accounts type full
2020-06-04 OS-PAR annual-return Appointment at registration of person authorised to represent
2020-06-04 OS-PAR annual-return Appointment at registration of person authorised to accept service
2020-06-04 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