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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-09-09 (in 4mo)

Last made up 2025-08-26

Watchouts

None on the register

Cash

£468K

+460.6% vs 2024

Net assets

£394K

+295.2% vs 2024

Employees

4

0% vs 2024

Profit before tax

-£156K

-192.2% vs 2024

Name history

Renamed 1 time since incorporation

  1. PASSION CAPITAL INVESTMENTS II LLP 2017-12-12 → present
  2. FIVE SEASONS VENTURES LLP 2016-08-27 → 2017-12-12

Accounts

2-year trend · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31
Turnover £407,188£164,950
Operating profit £173,998-£128,039
Profit before tax £168,841-£155,664
Net profit £168,841-£155,664
Cash £83,489£468,069
Total assets less current liabilities
Net assets £99,790£394,336
Equity £99,790£394,336
Average employees 44
Wages £40,804

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 2024-03-312025-03-31
Operating margin 42.7%-77.6%
Net margin 41.5%-94.4%
Current ratio 1.75x0.94x
Interest cover 32.90x-4.10x

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
Blick Rothenberg Audit LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Group has recorded a loss for the year ended 31 March 2025 and has net liabilities of £249,246 at the balance sheet date. Overall it remains in a net asset position and the accounts have been prepared on the going concern basis. ... the designated members have a reasonable expectation that the Group has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved.”

Group structure

  1. PASSION CAPITAL INVESTMENTS II LLP · parent
    1. Passion Capital II (CM) Limited 100% · UK · general partner of limited partnerships
    2. Passion Capital Nominees II Limited 100% · UK · nominee for certain investments
    3. Passion Capital IV (GP) LLP · UK · general partner of limited partnerships
    4. Passion Capital Select (GP) LLP · UK · general partner of limited partnerships
    5. Conviction Investment Partners Limited 100% · UK · provision of investment management services

Significant events

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

People

5 active · 4 resigned

Name Role Appointed Born Nationality
BENNETT, Gregory James Llp Designated Member 2024-01-23 Nov 1971
DIGHERO, Robert Simon Llp Designated Member 2018-02-16 Apr 1966
JENKINS, Andrew Barry Llp Designated Member 2024-01-23 Jul 1971
ORDE, William David Llp Designated Member 2024-01-23 Oct 1989
STAFFORD, Sarah Jane Llp Designated Member 2026-01-14 Sep 1977
Show 4 resigned officers
Name Role Appointed Resigned
BURBIDGE, Eileen Llp Designated Member 2018-02-16 2024-01-23
FARNETI, Ivan Llp Designated Member 2016-08-27 2018-02-16
MANZONI, Niccolo Llp Designated Member 2016-08-27 2018-02-16
POSERN, Malin Hee Eun Llp Designated Member 2020-08-24 2024-01-23

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Ms Eileen Burbidge Individual right-to-share-surplus-assets-25-to-50-percent-limited-liability-partnership 2018-02-16 Ceased 2024-01-23
Mr Robert Simon Dighero Individual right-to-share-surplus-assets-25-to-50-percent-limited-liability-partnership 2018-02-16 Ceased 2024-01-23
Mr Niccolo Manzoni Individual significant-influence-or-control-limited-liability-partnership 2016-08-27 Ceased 2018-02-16
Mr Ivan Farneti Individual significant-influence-or-control-limited-liability-partnership 2016-08-27 Ceased 2018-02-16

Filing timeline

Last 20 of 47 total filings

Date Type Category Description
2026-02-11 AA accounts Accounts with accounts type group
2026-01-14 LLAP01 officers Appoint person member limited liability partnership with appointment date PDF
2025-09-29 LLCS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-17 AA accounts Accounts with accounts type full
2024-09-30 LLCS01 confirmation-statement Confirmation statement with no updates PDF
2024-03-02 LLCH01 officers Change person member limited liability partnership with name change date PDF
2024-01-24 LLPSC08 persons-with-significant-control Notification of a person with significant control statement limited liability partnership PDF
2024-01-24 LLAP01 officers Appoint person member limited liability partnership with appointment date PDF
2024-01-24 LLAP01 officers Appoint person member limited liability partnership with appointment date PDF
2024-01-24 LLAP01 officers Appoint person member limited liability partnership with appointment date PDF
2024-01-24 LLTM01 officers Termination member limited liability partnership with name termination date PDF
2024-01-24 LLTM01 officers Termination member limited liability partnership with name termination date PDF
2024-01-24 LLPSC07 persons-with-significant-control Cessation of a person with significant control limited liability partnership PDF
2024-01-24 LLPSC07 persons-with-significant-control Cessation of a person with significant control limited liability partnership PDF
2024-01-04 AA accounts Accounts with accounts type full
2023-09-29 LLCS01 confirmation-statement Confirmation statement with no updates PDF
2022-10-03 LLCS01 confirmation-statement Confirmation statement with no updates PDF
2022-09-07 AA accounts Accounts with accounts type full
2022-06-07 LLCH01 officers Change person member limited liability partnership with name change date PDF
2022-06-07 LLCH01 officers Change person member limited liability partnership with name change date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
1

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

FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31

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