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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-02-10 (in 9mo)

Last made up 2026-01-27

Watchouts

None on the register

Cash

£2M

+39.7% vs 2023

Net assets

£4M

+2.8% vs 2023

Employees

0

Average over period

Profit before tax

Period ending 2024-12-31

Name history

Renamed 1 time since incorporation

  1. SEQUOIA CAPITAL EUROPE LLP 2021-02-16 → present
  2. 123 SC LLP 2021-01-28 → 2021-02-16

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover £10,422,960£9,610,476
Operating profit £6,199,038£6,314,345
Profit before tax
Net profit £928,583£857,456
Cash £1,619,189£2,261,954
Total assets less current liabilities £4,464,990£4,574,883
Net assets £3,943,019£4,052,912
Equity £3,943,019£4,052,912
Average employees 00
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 59.5%65.7%
Net margin 8.9%8.9%
Return on capital employed 138.8%138.0%
Gearing (liabilities / total assets) 24.2%20.1%
Current ratio 4.23x6.42x

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)
Auditor
Buzzacott Audit LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The LLP is reliant on parent support to perform its primary activity and has received assurance from its ultimate parent undertaking, US based Sequoia Capital Operations, LLC ('the LLC'), that it will continue to give financial and operational support to the LLP for a period of at least 12 months from the date of approval of these financial statements. Should the financial support not be forthcoming, the going concern basis used in preparing the LLP's financial statements may be invalid and adjustments would have to be made necessary should this basis not continue to be appropriate. The members do not consider there to be cause for material uncertainty in respect of the LLP's ability to continue as a going concern. The financial statements are therefore prepared on the going concern basis.”

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
LIXANDRU, Luciana Maria Llp Designated Member 2021-04-28 Oct 1984
SC EUROPE LIMITED Corporate Llp Designated Member 2021-01-28
Show 2 resigned officers
Name Role Appointed Resigned
MILLER, Matthew Craig Llp Designated Member 2021-06-14 2025-03-10
MILLER, Matthew Craig Llp Designated Member 2021-01-28 2021-04-28

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Sc Europe Limited Corporate entity voting-rights-75-to-100-percent-limited-liability-partnership, right-to-share-surplus-assets-75-to-100-percent-limited-liability-partnership 2021-01-28 Active

Filing timeline

Last 20 of 20 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2021-02-16 CERTNM Certificate change of name company
  • 2021-02-16 LLNM01 Change of name notice limited liability partnership
Date Type Category Description
2026-02-09 LLCS01 confirmation-statement Confirmation statement with no updates PDF
2026-02-06 LLCH01 officers Change person member limited liability partnership with name change date PDF
2025-06-19 AA accounts Accounts with accounts type full
2025-03-21 LLTM01 officers Termination member limited liability partnership with name termination date PDF
2025-02-10 LLCS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-18 AA accounts Accounts with accounts type full
2024-02-16 LLCS01 confirmation-statement Confirmation statement with no updates PDF
2023-09-21 AA accounts Accounts with accounts type full
2023-02-06 LLCS01 confirmation-statement Confirmation statement with no updates PDF
2023-02-06 LLCH02 officers Change corporate member limited liability partnership with name change date PDF
2022-09-22 AA accounts Accounts with accounts type full
2022-02-10 LLCS01 confirmation-statement Confirmation statement with no updates PDF
2022-02-10 LLPSC05 persons-with-significant-control Change to a person with significant control limited liability partnership PDF
2021-06-28 LLAP01 officers Appoint person member limited liability partnership with appointment date PDF
2021-05-11 LLTM01 officers Termination member limited liability partnership with name termination date PDF
2021-05-11 LLAP01 officers Appoint person member limited liability partnership with appointment date PDF
2021-05-11 LLAA01 accounts Change account reference date limited liability partnership current shortened PDF
2021-02-16 CERTNM change-of-name Certificate change of name company
2021-02-16 LLNM01 change-of-name Change of name notice limited liability partnership
2021-01-28 LLIN01 incorporation Incorporation limited liability partnership 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
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