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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-08-15 (in 3mo)

Last made up 2025-08-01

Watchouts

2 items

Cash

Latest balance sheet

Net assets

£2M

Equity attributable

Employees

0

Average over period

Profit before tax

£2M

Period ending 2025-03-31

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Name history

Renamed 2 times since incorporation

  1. CGF NO. 9 LIMITED 1989-03-01 → present
  2. CLYDESDALE BANK PLANT LEASING LIMITED 1988-06-01 → 1989-03-01
  3. PASSMAIN LIMITED 1988-03-17 → 1988-06-01

Accounts

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

Metric Trend 2023-09-302025-03-31
Turnover £5,338,000£14,745,000
Operating profit £731,000£2,328,000
Profit before tax £618,000£2,381,000
Net profit £214,000£1,722,000
Cash
Total assets less current liabilities £183,000£1,905,000
Net assets £183,000£1,905,000
Equity £183,000£1,905,000
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 2023-09-302025-03-31
Operating margin 13.7%15.8%
Net margin 4.0%11.7%
Return on capital employed 399.5%122.2%
Gearing (liabilities / total assets) 99.9%99.2%
Current ratio 0.03x
Interest cover 0.17x0.20x

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 Directors have made an assessment of the Company's ability to continue as a going concern and are satisfied that it has the resources to continue in business for at least 12 months from the approval of the financial statements.”

Significant events

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

People

4 active · 53 resigned

Name Role Appointed Born Nationality
NBS COSEC LIMITED Corporate Secretary 2025-07-31
BATES, Peter John Director 2026-02-11 Jan 1980 British
SHUFFLETON, Joanne Lucy Director 2026-02-11 Sep 1982 British
WRIGHT, Jason Leslie Director 2026-02-11 Nov 1970 British
Show 53 resigned officers
Name Role Appointed Resigned
DUNCAN, Graeme Secretary 2014-08-05 2025-07-31
MACINTOSH, Keith William Secretary 1996-09-30
MCMILLAN, Lorna Forsyth Secretary 2011-01-25 2014-08-05
SHAW, Myshele Secretary 2003-07-31 2006-02-28
SHIRRAN, Jane Lindsay Secretary 1998-06-15 2003-07-31
STEWART, Alan James Secretary 1996-09-30 1998-06-15
WEBBER, Michael Frank Secretary 2006-03-01 2011-01-25
ABRAHAMS, Clifford James Director 2021-03-08 2024-12-15
ASLET, Peter Michael Director 1993-04-26 1995-11-01
BARR, Ian Henry Director 2001-10-11 2013-09-24
BELMORE, Judith Murray Director 2014-08-27 2017-06-30
BRICE, Robert Wayne Director 1995-08-03 1996-08-16
BROWN, Douglas Robert George Campbell Director 2013-09-10 2019-06-25
BURNS, Thomas Director 2005-09-02 2007-06-25
CAMPBELL, Colin Robertson Director 2003-03-31 2005-09-02
CARNEGIE, Keith James Director 2007-06-25 2010-02-09
CHATER, Hugh Leathley Director 2021-10-01 2023-11-08
CICUTTO, Francis John Director 1994-03-21 1996-03-01
COLE-HAMILTON, Arthur Richard Director 1992-11-02
COLE-HAMILTON, Arthur Richard Director 1990-02-07
COOK, John Director 1992-09-25
CORBETT, Iain Drummond Director 2013-09-10 2017-07-20
CORNER, Douglas Robertson Director 1992-08-15 1995-05-31
ECCLESHALL, David Ernest Director 1989-04-19
GOODWIN, Frederick Anderson Director 1995-04-24 1998-07-31
GREEN, Kenneth Charles Director 1989-04-19 1990-07-27
HALLIDAY, Gavin Jackson Director 2017-08-29 2020-04-23
HAMILTON, Neil Thomas Hunter Director 1989-04-19 1991-05-01
HART, Michael James Director 2017-07-20 2017-09-07
KERR, Donald Director 2017-12-04 2018-11-21
LOVE, Charles Marshall Director 1992-10-01 1993-12-28
MCGEE, David John Director 1998-10-09 2003-02-07
MCMILLAN, Lorna Forsyth Director 2011-06-02 2014-08-27
MCNEILLAGE, James Kean Director 1990-10-30 1993-03-02
OPPERMAN, Gavin Rodney Director 2020-04-23 2021-10-01
ORME, Steven Derek Stanley Director 2010-02-09 2011-06-10
PATRIZI, Allegra Cristina Director 2023-11-08 2024-10-28
QUEEN, John Eadie Director 1998-10-11 2000-06-30
QUEEN, John Eadie Director 1990-07-30 1996-04-19
RHODES, Christopher Stuart Director 2024-10-29 2026-02-11
ROBERTSON, David Ritchie Director 1991-09-30
SLATER, Gavin Robin Director 2005-09-12 2007-06-25
SMITH, Ian Stuart Director 2020-04-23 2020-10-14
SOMMERVILLE, William Director 2001-10-11 2003-04-07
STEWART, Alan James Director 1998-01-19 1998-06-30
THOMPSON, Anthony Richard Director 2017-09-07 2020-01-24
THUNDERCLIFFE, Mark John Director 2020-10-14 2021-03-07
WALKER, David Lindsay Director 1989-04-19
WEANIE, Peter Robert Director 1996-10-01 2001-05-31
WEBSTER, Alan Watt Director 1993-08-26 1996-10-01
WILLIS, Graeme Douglas Director 1996-04-26 1998-09-18
WRIGHT, John Robertson Director 1998-09-07 2000-06-30
ZABORSZKY, Gergely Mark Director 2024-12-16 2026-01-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Nationwide Building Society Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2026-04-02 Active
Clydesdale Bank Plc Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2023-06-29 Ceased 2026-04-02
Clydesdale Bank Asset Finance Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2023-06-29

Filing timeline

Last 20 of 245 total filings

Date Type Category Description
2026-04-08 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2026-04-08 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2026-02-11 AP01 officers Appoint person director company with name date PDF
2026-02-11 TM01 officers Termination director company with name termination date PDF
2026-02-11 AP01 officers Appoint person director company with name date PDF
2026-02-11 CH01 officers Change person director company with change date PDF
2026-02-11 AP01 officers Appoint person director company with name date PDF
2026-02-11 TM01 officers Termination director company with name termination date PDF
2026-01-08 AA accounts Accounts with accounts type full
2025-08-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-08-01 TM02 officers Termination secretary company with name termination date PDF
2025-08-01 AP04 officers Appoint corporate secretary company with name date PDF
2025-02-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-12-17 AP01 officers Appoint person director company with name date PDF
2024-12-17 TM01 officers Termination director company with name termination date PDF
2024-11-11 AP01 officers Appoint person director company with name date PDF
2024-11-11 TM01 officers Termination director company with name termination date PDF
2024-10-01 AA01 accounts Change account reference date company current extended PDF
2024-02-05 CS01 confirmation-statement Confirmation statement with updates PDF
2024-02-05 AD04 address Move registers to registered office company with new address PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
12

last 12 months

Capital events
0

last 24 months

Officers appointed
4

last 12 months

Officers resigned
3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2023 → FY2025 · period ending 2025-03-31 vs 2023-09-30

Year-on-year comparison hidden: this filing covers about 18 months versus 12 months prior.

Official Companies House page