THE SUMMIT GROUP LIMITED
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Cash
£7.5m
-0.3% vs 2025
Net assets
£31m
+5.7% highest in 3 filed years
Employees
9
-10% lowest in 3 filed years
Profit before tax
£1.9m
+2,009.1% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £539,000 | £284,000 | £1,120,000 | +294.4% | |
| Operating profit | -£806,000 | -£1,443,000 | £767,000 | +153.2% | |
| Profit before tax | -£383,000 | -£99,000 | £1,890,000 | +2,009.1% | |
| Net profit | -£370,000 | -£75,000 | — | — | |
| Cash | £7,809,000 | £7,569,000 | £7,549,000 | -0.3% | |
| Total assets less current liabilities | £30,723,000 | £29,093,000 | £30,746,000 | +5.7% | |
| Net assets | £30,735,000 | £29,091,000 | £30,743,000 | +5.7% | |
| Equity | £30,735,000 | £29,091,000 | £30,743,000 | +5.7% | |
| Average employees | 13 | 10 | 9 | -10% | |
| Wages | £774,000 | £665,000 | £646,000 | -2.9% | |
| Directors' remuneration | £443,000 | £348,491 | £349,772 | +0.4% |
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 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | -149.5% | — | 68.5% | |
| Net margin | -68.6% | -26.4% | — | |
| Return on capital employed | -2.6% | -5.0% | 2.5% | |
| Gearing (liabilities / total assets) | — | 4.0% | 2.6% | |
| Current ratio | 57.88x | 6.33x | 9.50x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- THE SUMMIT GROUP LIMITED 1988-06-02 → present
- PLUSPRIOR PUBLIC LIMITED COMPANY 1988-03-16 → 1988-06-02
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Saffery LLP
- 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.”
Group structure
- THE SUMMIT GROUP LIMITED · parent
- Summit Insurance Services Ltd 90%
- Summit Financial Services Ltd 90%
- Dalebury (No.31) Ltd
- The Basingstoke Property Company Ltd 50%
Significant events
- “The pending sale that was mentioned in last year's strategic report completed in July 2025 with proceeds to Summit Alpha Ltd of just over £2.05 million with the Company's share being just over £960k.”
- “The Company also took the opportunity to dispose of just over 55% of its remaining shareholding in Seraphim Space Investment Trust plc ("SSIT") at what were perceived as good prices.”
- “The Company acquired the minority shareholdings of the former directors of Summit Asset Management Ltd ("SAM"). It also undertook capital reductions within SAM, Tennyson Ltd and Summit Property Group Ltd; and, following these capital reductions, dissolved those three companies and two others (Summit Financial Group Ltd and Summit Corporate Finance Ltd).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARRATT, Simon James Knevett | Secretary | 1998-12-31 | — | British |
| BARRATT, Simon James Knevett | Director | — | Jun 1958 | British |
| HUNTER GORDON, Christopher Neil | Director | — | Jun 1958 | British |
| SACK, Barry Lawrence | Director | — | Oct 1948 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LAWRENCE, William Sackville Gwynne | Secretary | — | 1998-12-31 |
| BAKER, Jonathan Peter | Director | — | 1994-02-09 |
| JOHNSTONE, Raymond, Sir | Director | — | 1999-01-15 |
| LEESMITH, Alan Eustace | Director | 1992-06-19 | 1995-06-01 |
| NEWMAN, Derek Anthony | Director | — | 1993-10-19 |
| RALPH, Philip Pyman | Director | — | 1999-01-15 |
| SILMAN, Laurence Malcolm | Director | — | 1993-03-31 |
| STODDART, Michael Craig | Director | — | 1999-01-15 |
| TOMPKINS, John Anthony | Director | — | 1993-03-01 |
| WEINSTOCK, Simon Andrew, The Hon | Director | — | 1992-05-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Brighthand Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2024-11-22 | Active |
| Mr Christopher Neil Hunter Gordon | Individual | Shares 50–75% (as trust) | 2016-04-06 | Ceased 2024-11-22 |
Filing timeline
Last 20 of 216 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-03 | AA | accounts | Accounts with accounts type group | |
| 2025-12-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-21 | AA | accounts | Accounts with accounts type group | |
| 2024-12-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-06 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-12-06 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-12-06 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-09-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-08 | AA | accounts | Accounts with accounts type group | |
| 2023-12-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-01 | AA | accounts | Accounts with accounts type group | |
| 2022-12-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-21 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-08-03 | AA | accounts | Accounts with accounts type group | |
| 2022-04-04 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-04-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-12-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-29 | AA | accounts | Accounts with accounts type group | |
| 2020-12-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-07-28 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- 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.