OTIS INVESTMENTS LIMITED
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Cash
—
Latest balance sheet
Net assets
£1.6m
-93.6% lowest in 3 filed years
Employees
0
Average over period
Profit before tax
-£26k
+99.8% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Accounts not prepared on a going-concern basis
In October 2025, the directors took the decision to commence winding up of the Company and therefore the financial statements have been prepared on a basis 'Other than going concern'.
-
Going-concern uncertainty disclosed
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-11-30
| Metric | Trend | 2023-11-30 | 2024-11-30 | 2025-11-30 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | -£28,000 | -£12,000 | -£27,000 | -125% | |
| Profit before tax | -£12,036,000 | -£16,557,000 | -£26,000 | +99.8% | |
| Net profit | -£12,036,000 | -£16,557,000 | -£26,000 | +99.8% | |
| Cash | — | — | — | — | |
| Total assets less current liabilities | — | — | — | — | |
| Net assets | £39,538,000 | £24,530,000 | £1,574,000 | -93.6% | |
| Equity | £39,538,000 | £24,530,000 | £1,574,000 | -93.6% | |
| Average employees | — | 0 | 0 | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | £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. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-11-30 | 2024-11-30 | 2025-11-30 |
|---|---|---|---|---|
| Current ratio | 0.09x | 44.24x | 25.22x | |
| Interest cover | -1.22x | -0.60x | — |
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.
Name history
Renamed 3 times since incorporation
- OTIS INVESTMENTS LIMITED 2007-09-24 → present
- OTIS INVESTMENTS PLC 2000-03-01 → 2007-09-24
- OTIS PLC 1991-12-02 → 2000-03-01
- OTIS ELEVATOR PUBLIC LIMITED COMPANY 1900-06-28 → 1991-12-02
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Not a going concern (break-up basis)
“In October 2025, the directors took the decision to commence winding up of the Company and therefore the financial statements have been prepared on a basis 'Other than going concern'.”
Group structure
- OTIS INVESTMENTS LIMITED · parent
- Otis Limited 27.36%
- Sirius (Korea) Limited 2%
Significant events
- “During the year, the company transferred its investment in its associate undertaking, Otis Limited to Otis Elevator Holdings Limited by way of a dividend in specie.”
- “During the year, the company also transferred its trade investment in Sirius (Korea) Limited to Otis Elevator Holdings Limited by way of a dividend in specie.”
- “On 26 November 2024, the company's investment in its subsidiary, Otis Limited, was diluted from 52.07% to 27.36%.”
- “This change arose following the introduction of a new shareholder Otis Elevator Holdings Limited who injected a capital contribution of £50m into the subsidiary. As a result of this transaction, the company's percentage ownership in the subsidiary decreased together with carrying amount of the investment.”
- “Subsequent to the year end, the company declared and paid a dividend of £1,600,022.84.”
- “Subsequent to the reporting date, the Amounts owed by group undertakings was settled in full through the Group's cash pooling arrangement. No balance remained outstanding between the Company and Otis Limited following settlement.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 25 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EDWIN COE SECRETARIES LIMITED | Corporate Secretary | 2018-03-28 | — | — |
| KOROTVICKA, Ales | Director | 2024-04-10 | Feb 1978 | Czech |
| SADLER, Robert William | Director | 2016-06-07 | May 1967 | British |
| SINGH, Rajpal | Director | 2024-10-25 | Sep 1980 | British |
Show 25 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CARROLL, Adrian | Secretary | 2017-09-20 | 2018-03-09 |
| CUST, Gary William | Secretary | 1993-03-01 | 2001-01-23 |
| HAMBLY, Michael John Charles | Secretary | — | 1993-02-28 |
| KIRK, Caroline Emma Clarke | Secretary | 2012-10-19 | 2016-09-23 |
| PATE, Carolyn | Secretary | 2011-04-26 | 2012-10-18 |
| SMART, Gregory Paul | Secretary | 2001-01-23 | 2011-01-31 |
| WILCOCK, Laura | Secretary | 2015-11-26 | 2017-09-20 |
| ABAJO, Mario | Director | 1993-08-13 | 2005-06-07 |
| BAKER, John | Director | 2003-05-16 | 2003-07-21 |
| BIERER, Andrew Steven | Director | 2020-02-10 | 2024-04-10 |
| BISSON, Rene | Director | 2018-11-28 | 2020-02-10 |
| FAURE, Hubert | Director | — | 1994-01-14 |
| FORBES, Craig Alexander | Director | 2015-06-01 | 2016-06-07 |
| FOUGERON, Pierre Jacques Andre | Director | — | 1993-12-20 |
| GROB, Bruno | Director | 1994-01-14 | 2002-03-12 |
| HARVEY, Lindsay Eric | Director | 2008-05-16 | 2016-06-07 |
| HERNANDEZ, Alberto | Director | 2016-06-07 | 2018-08-31 |
| JOLLY, Hemant | Director | 2016-06-07 | 2018-08-31 |
| LAURENCE, James Terence George | Director | 2010-09-27 | 2013-11-30 |
| LEINGANG, John Thomas | Director | — | 2002-01-31 |
| MAISEY, John Anthony | Director | 2007-07-24 | 2007-09-14 |
| MICHAUD DANIEL, Didier | Director | 2001-10-01 | 2008-08-04 |
| MOLZAHN, Bjoern | Director | 2013-11-30 | 2015-06-01 |
| SMART, Gregory Paul | Director | 2002-03-12 | 2011-01-31 |
| YAO, Maxime | Director | 2018-09-01 | 2024-10-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Otis Elevator Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 202 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-08 RESOLUTIONS Resolution
- 2025-10-08 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-25 | AA | accounts | Accounts with accounts type full | |
| 2026-07-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-18 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-16 | ANNOTATION | miscellaneous | Legacy | |
| 2025-10-16 | ANNOTATION | miscellaneous | Legacy | |
| 2025-10-16 | ANNOTATION | miscellaneous | Legacy | |
| 2025-10-08 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-10-08 | SH20 | capital | Legacy | |
| 2025-10-08 | CAP-SS | insolvency | Legacy | |
| 2025-10-08 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-08 | RESOLUTIONS | resolution | Resolution | |
| 2025-08-14 | AA | accounts | Accounts with accounts type full | |
| 2025-07-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-30 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-29 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-26 | AA | accounts | Accounts with accounts type full | |
| 2024-07-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-19 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-31 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.