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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2027-01-25 (in 8mo)

Last made up 2026-01-11

Watchouts

None on the register

Cash

£42K

-83.9% vs 2024

Net assets

£14M

+14.5% vs 2024

Employees

0

Average over period

Profit before tax

£2M

+14.2% vs 2024

Name history

Renamed 2 times since incorporation

  1. IP PARTNERSHIP LTD 2011-02-28 → present
  2. IONA PUB PARTNERSHIP LIMITED 2008-04-07 → 2011-02-28
  3. DUNWILCO (1509) LIMITED 2007-11-29 → 2008-04-07

Accounts

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

Metric Trend 2024-03-312025-03-31
Turnover £1,673,429£1,688,827
Operating profit £1,431,016£1,529,818
Profit before tax £2,027,797£2,315,002
Net profit £1,450,231£2,222,984
Cash £264,593£42,479
Total assets less current liabilities £11,872,347£13,595,331
Net assets £11,872,347£13,595,331
Equity £11,872,347£13,595,331
Average employees 00
Wages £0£0

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 85.5%90.6%
Net margin 86.7%131.6%
Return on capital employed 12.1%11.3%
Gearing (liabilities / total assets) 8.7%4.2%
Current ratio 9.97x20.81x

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
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“As there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and meet all obligations, the directors have concluded this does not represent a material uncertainty with regards to going concern. The financial statements have therefore been prepared on a going concern basis which presumes the realisation of assets and liabilities in the normal course of business.”

Group structure

  1. IP PARTNERSHIP LTD · parent
    1. The Dolphin (Dundee) Limited 100% · Scotland · Leisure and property
    2. Cafe Drummond (Aberdeen) Limited 100% · Scotland · Leisure and property
    3. Dixon Arms (Glenrothes) Limited 100% · Scotland · Leisure and property
    4. Stirrup Stane (Livingston) Limited 100% · Scotland · Leisure and property

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

People

3 active · 14 resigned

Name Role Appointed Born Nationality
KING, Stefan Paul Director 2026-01-15 Oct 1962 British
ROBERTSON, Ewan James Director 2024-08-26 Apr 1982 British
WELSH, Lesley Director 2008-02-06 May 1975 British
Show 14 resigned officers
Name Role Appointed Resigned
DROMGOOLE, Fiona Mhairi Secretary 2012-07-31 2014-06-13
MCGHEE, Brian William Craighead Secretary 2008-02-06 2012-07-31
D.W. COMPANY SERVICES LIMITED Corporate Secretary 2007-11-29 2008-02-06
CRAWSHAY, William John Julian Director 2008-03-25 2011-02-22
DINGWALL, Colin Findlay Director 2011-02-22 2013-03-01
DRAPER, John Patrick Director 2008-03-25 2009-02-23
KING, Stefan Paul Director 2013-03-01 2026-01-15
KING, Stefan Paul Director 2008-02-06 2011-02-22
MCGHEE, Brian William Craighead Director 2008-02-06 2022-03-21
MCQUADE, Stephen Anthony Director 2012-07-31 2024-11-07
MIDDLEMISS, George Richardson Director 2008-02-06 2009-12-31
MOORE, Christopher John Director 2009-03-02 2013-03-01
YOUNG, John Christopher Director 2010-01-12 2012-07-31
D.W. DIRECTOR 1 LIMITED Corporate Director 2007-11-29 2008-02-06

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Stefan Paul King Individual Significant influence 2016-04-06 Ceased 2016-04-06
Scotsman Group Plc Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 319 total filings

Date Type Category Description
2026-01-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-01-15 AP01 officers Appoint person director company with name date PDF
2026-01-15 TM01 officers Termination director company with name termination date PDF
2025-12-29 MR05 mortgage Mortgage charge whole cease and release with charge number PDF
2025-12-29 MR05 mortgage Mortgage charge whole cease and release with charge number PDF
2025-12-24 MR05 mortgage Mortgage charge part both with charge number PDF
2025-12-24 MR05 mortgage Mortgage charge part both with charge number PDF
2025-12-24 MR05 mortgage Mortgage charge part both with charge number PDF
2025-12-24 MR05 mortgage Mortgage charge part both with charge number PDF
2025-12-24 MR05 mortgage Mortgage charge part both with charge number PDF
2025-12-24 MR05 mortgage Mortgage charge part both with charge number PDF
2025-11-11 AA accounts Accounts with accounts type full
2025-04-30 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-03-09 MR04 mortgage Mortgage satisfy charge full PDF
2025-01-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-08 MR04 mortgage Mortgage satisfy charge full PDF
2024-12-09 AA accounts Accounts with accounts type full
2024-11-07 TM01 officers Termination director company with name termination date PDF
2024-08-26 AP01 officers Appoint person director company with name date PDF
2024-06-11 MR05 mortgage Mortgage charge part release with charge number 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
1

last 12 months

Officers resigned
1

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