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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-08-29 (in 3mo)

Last made up 2025-08-15

Watchouts

None on the register

Cash

£2M

+46.6% vs 2024

Net assets

£6M

+19.3% vs 2024

Employees

263

-2.6% vs 2024

Profit before tax

£1M

-27.7% vs 2024

Accounts

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

Metric Trend 2024-03-312025-03-31
Turnover £33,095,429£32,432,820
Operating profit £2,140,744£1,534,522
Profit before tax £1,736,733£1,255,885
Net profit £1,289,295£909,045
Cash £1,090,351£1,598,248
Total assets less current liabilities £5,974,833£6,566,163
Net assets £4,705,989£5,615,034
Equity £4,705,989£5,615,034
Average employees 270263
Wages £6,550,904£6,260,899

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 6.5%4.7%
Net margin 3.9%2.8%
Return on capital employed 35.8%23.4%
Current ratio 1.19x1.28x
Interest cover 5.30x5.51x

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
AAB Audit & Accountancy Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

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

People

4 active · 13 resigned

Name Role Appointed Born Nationality
BURNESS PAULL LLP Corporate Secretary 2013-02-20
CLARK, Michael William Gordon Director 1990-08-29 Jul 1956 British
CLARK (JNR), Francis Director 1990-08-29 Jun 1952 British
MCNICOL, Gregor John Director 2019-08-19 Aug 1964 British
Show 13 resigned officers
Name Role Appointed Resigned
RIIS, Jette Secretary 1991-09-30
PAULL & WILLIAMSONS Corporate Secretary 1991-09-30 2009-04-06
PAULL & WILLIAMSONS LLP Corporate Secretary 2009-04-06 2013-02-20
BUCHAN, Gordon Andrew Director 1990-08-29
BUCHAN, Gordon Andrew Director 1990-08-29
CLARK, Francis, Dr Director 2004-08-14
NILSEN, Frode Director 1992-02-03 1993-03-25
RENNIE, James Ross Director 2014-12-16 2019-06-14
RIIS, Knud Uhrenfeldt Director 1992-07-29
SMEDVIG, Johan Director 1990-08-29
STEWART, Ian Renshaw Director 1991-09-30 2014-12-16
SVELE, Johan Director 1990-08-29
SVELE, Johan Director 1990-08-29

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Ifc Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2017-08-15 Active

Filing timeline

Last 20 of 159 total filings

Date Type Category Description
2026-03-25 MR04 mortgage Mortgage satisfy charge full PDF
2025-12-29 AA accounts Accounts with accounts type full
2025-09-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-12-13 AA accounts Accounts with accounts type full
2024-08-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-29 PSC05 persons-with-significant-control Change to a person with significant control PDF
2024-03-20 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2023-12-27 AA accounts Accounts with accounts type full
2023-08-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-10-19 AA accounts Accounts with accounts type full
2022-08-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-11-08 AA accounts Accounts with accounts type full
2021-10-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-03-10 AD01 address Change registered office address company with date old address new address PDF
2020-10-15 AA accounts Accounts with accounts type full
2020-08-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-01-03 AA accounts Accounts with accounts type full
2019-08-23 AP01 officers Appoint person director company with name date PDF
2019-08-20 CS01 confirmation-statement Confirmation statement with updates PDF
2019-06-14 TM01 officers Termination director company with name termination 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
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

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