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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-12-25 (in 7mo)

Last made up 2025-12-11

Watchouts

None on the register

Cash

£40K

Latest balance sheet

Net assets

£7M

Equity attributable

Employees

14

lowest in 6 filed years

Profit before tax

-£1M

Period ending 2024-12-31

Accounts

6-year trend · latest reflected 2024-12-31

Metric Trend 2020-12-312021-12-312022-12-312023-03-312023-12-312024-12-31
Turnover £0£58,972£3,546,922
Operating profit -£961,475-£1,657,927-£885,999
Profit before tax -£5,126-£1,540,847-£1,386,852
Net profit £2,532-£1,545,247-£874,539
Cash £1,500£1,500£0£1,819,455£6,514£40,097
Total assets less current liabilities £4,750,791£8,196,100£7,767,188
Net assets £8,196,100£7,321,561
Equity £4,750,791£8,196,100£7,321,561
Average employees 232220191814
Wages
Directors' remuneration £396,637£360,782£428,216

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

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Year-on-year comparison hidden: this filing covers about 12 months versus 9 months prior.

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2020-12-312021-12-312022-12-312023-03-312023-12-312024-12-31
Operating margin -25.0%
Net margin -24.7%
Return on capital employed -20.2%-20.2%-11.4%
Current ratio 1.10x1.05x
Interest cover -3.14x-33.31x-4.29x

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

  1. WAYSTONE LIMITED 1990-11-01 → present
  2. BESTCASH LIMITED 1989-12-11 → 1990-11-01

Audit & accounting basis

Accounting basis
FRS 102 §1A
Reporting scope
Consolidated group
Auditor
RSM UK Audit LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis and the directors consider this basis to be appropriate given there are contracted land sales at the Hatfield Colliery Site, South Yorkshire. In addition, the company has received a letter of support from its ultimate parent undertaking, CP Holdings Limited, confirming its intention and ability to continue to assist the company with its working capital requirements and financing arrangements over the forthcoming twelve months from the date of approval of these financial statements.”

Group structure

  1. WAYSTONE LIMITED · parent
    1. Waystone Developments Limited 100% · England and Wales · Property development and building and civil engineering contractors
    2. Waystone 32 Limited 100% · England and Wales · Property development and building and civil engineering contractors
    3. Cibitas Holt Town Limited 84.4% · England and Wales · Dormant
    4. Cibitas Investments Limited 90.22% · England and Wales · Dormant
    5. Shipley Lakeside Management Company Limited 100% · England and Wales · Estate Management Services

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

People

7 active · 9 resigned

Name Role Appointed Born Nationality
LEWIS, Eric Secretary 2000-11-30 British
DUDLEY-SCALES, Claire Louisa Director 2021-10-27 May 1976 British
GIBBOR, Iris Director 1998-02-23 Aug 1951 British
HOFFBRAND, Philip Director 2017-12-20 May 1967 British
MCLOUGHLIN, Alistair James Director 2014-05-05 Apr 1968 British
MCLOUGHLIN, Helen Director 2003-12-18 Dec 1964 British
SCHREIER, Alexei James Director 2006-03-24 Oct 1976 British
Show 9 resigned officers
Name Role Appointed Resigned
WRESCHNER, Michael Montague Secretary 2000-11-30
FILER, Paul Andrew Director 2000-11-30 2021-10-27
LEVY, Robert Michael Director 2013-11-15 2018-03-28
LEVY, Robert Michael Director 1998-09-29 2006-05-31
MCLOUGHLIN, Carol Director 2014-05-05
MCLOUGHLIN, Stuart Director 2025-10-28
SCHREIER, Bernard, Sir Director 2013-07-01
SCHREIER, Gideon Director 1998-02-12
WRESCHNER, Michael Montague Director 2000-11-30

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Waystone (Holdings) Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 206 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2022-03-12 RESOLUTIONS Resolution
  • 2022-03-12 MA Memorandum articles
Date Type Category Description
2025-12-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-11-10 TM01 officers Termination director company with name termination date PDF
2025-06-25 AA accounts Accounts with accounts type group PDF
2024-12-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-27 AA accounts Accounts with accounts type group PDF
2024-02-22 AA01 accounts Change account reference date company previous shortened PDF
2023-12-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-12-21 AA accounts Accounts with accounts type full PDF
2023-10-03 AA01 accounts Change account reference date company previous shortened PDF
2023-09-29 AA accounts Accounts with accounts type group PDF
2023-09-20 CH01 officers Change person director company with change date PDF
2023-09-20 CH01 officers Change person director company with change date PDF
2023-09-20 CH01 officers Change person director company with change date PDF
2022-12-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-09-26 AA accounts Accounts with accounts type group PDF
2022-03-12 RESOLUTIONS resolution Resolution
2022-03-12 MA incorporation Memorandum articles
2021-12-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-10-28 AP01 officers Appoint person director company with name date PDF
2021-10-28 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
1

last 12 months

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

Official Companies House page