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Cash

£16M

-15.8% vs 2023

Net assets

£59M

+24.2% vs 2023

Employees

Average over period

Profit before tax

£5M

+404.5% vs 2023

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover -£871,757£7,760,563
Operating profit -£1,555,967£4,385,471
Profit before tax -£1,555,967£4,737,583
Net profit -£1,579,689£3,568,569
Cash £19,126,019£16,100,074
Total assets less current liabilities £47,139,362£58,565,604
Net assets £47,139,362£58,565,604
Equity £47,139,362£58,565,604
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
Operating margin 178.5%56.5%
Net margin 181.2%46.0%
Return on capital employed -3.3%7.5%
Gearing (liabilities / total assets) 76.5%79.7%
Current ratio 92.53x126.35x

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)
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
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 growth plans, continue in operational existence and meet its liabilities as they fall due for the period extending to at least 31 July 2026.”

Significant events

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

People

2 active · 0 resigned

Name Role Appointed Born Nationality
DENIS III, Bernard Henry Director 2021-01-22 May 1966 American
IRELAND, David Charles Director 2021-01-22 Oct 1969 British

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 9 of 9 total filings

Date Type Category Description
2025-05-28 AA accounts Accounts with accounts type full
2024-07-16 AA accounts Accounts with accounts type full
2023-08-21 AA accounts Accounts with accounts type full
2023-08-21 AA accounts Accounts with accounts type full
2021-03-02 AA01 accounts Change account reference date company current extended
2021-02-22 OSCH02 other Change company details overseas company with change details
2021-01-22 OS-PAR annual-return Appointment at registration of person authorised to represent
2021-01-22 OS-PAR annual-return Appointment at registration of person authorised to represent
2021-01-22 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