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Cash

—

Latest balance sheet

Net assets

—

Equity attributable

Employees

21

+10.5% vs 2024

Profit before tax

£361k

-66.2% first positive since 2022

Accounts

4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2022-12-312023-12-312024-12-312025-12-31 Δ vs prior
Turnover £27,449,533£14,267,215£18,412,386£10,405,387 -43.5%
Operating profit -£311,573£774,114£1,229,868£448,297 -63.5%
Profit before tax -£519,214£583,787£1,068,526£360,674 -66.2%
Net profit -£493,854£350,682£700,891£171,014 -75.6%
Cash £1,305£680£367— —
Total assets less current liabilities £179,581£530,408£1,231,154— —
Net assets £179,581£530,263£1,231,154— —
Equity £179,581£530,263£1,231,154— —
Average employees 22241921 +10.5%
Wages £966,050£980,195£945,412£1,064,342 +12.6%
Directors' remuneration ———— —

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 2022-12-312023-12-312024-12-312025-12-31
Operating margin -1.1%5.4%6.7%4.3%
Net margin -1.8%2.5%3.8%1.6%
Return on capital employed -173.5%145.9%99.9%—
Gearing (liabilities / total assets) 96.8%87.8%49.5%—
Interest cover -1.50x4.04x7.11x2.73x

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
Xeinadin Audit Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing 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

3 active · 17 resigned

Name Role Appointed Born Nationality
DE VUYST, Jos Auguste Paula Director 2010-07-01 Jun 1963 Belgian
P-MAN BV Corporate Director 2020-12-18 — —
TOM GYSENS BV Corporate Director 2019-11-25 — —
Show 17 resigned officers
Name Role Appointed Resigned
AZZOPARDI, Christine Secretary 1997-03-31 2002-08-19
BEILL, Malcolm Secretary 1995-08-31 1997-03-31
HITCHCOCK, Raymond Arnold Stuart Secretary 1995-06-28 1995-08-31
MANSON, Peter Wands Secretary 2002-08-19 2004-07-05
RENDERS, Steven Aime Ann Paul Liesbeth Secretary 2004-07-05 2007-10-18
VLAEMINCK, Thierry Hactor Marcel Secretary 2007-10-18 2020-12-18
BRITANNIA COMPANY FORMATIONS LIMITED Corporate Nominee Secretary 1995-06-28 1995-06-29
AZZOPARDI, John Peter Francis Director 1997-01-31 2004-07-23
BEILL, Malcolm Director 1995-06-29 1997-01-31
D'HEYGERE, Philippe Director 1995-08-31 2003-12-15
DE STAERCKE, Hans Paul Patrick Director 2007-10-18 2011-02-25
DE VUYST, Jos Auguste Paula Director 2003-12-15 2007-10-31
HUYGEVELDE, Frank Director 2006-09-29 2010-09-01
LOCK, Anthony John Director 2004-07-26 2006-09-29
MAHRLE, Gerhard Helmuth Director 2010-07-01 2013-05-31
RUYFFELAERE, Anne Marie J Director 2013-05-31 2019-11-25
DEANSGATE COMPANY FORMATIONS LIMITED Corporate Nominee Director 1995-06-28 1995-06-29

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Philip Mylle Individual Significant influence 2018-06-20 Ceased 2020-12-18
Mr Thierry Hactor Marcel Vlaeminck Individual Significant influence 2016-04-06 Ceased 2020-12-18
Ms Anne Marie Ruyffelaere Individual Significant influence 2016-04-06 Ceased 2019-12-30
Mr Olivier Dentan Individual Significant influence 2016-04-06 Ceased 2019-12-30
Mr Jean-Dominique Perreaux Individual Significant influence 2016-04-06 Ceased 2018-04-28
Mr Jos De Vuyst Individual Significant influence 2016-04-06 Active

Filing timeline

Last 20 of 148 total filings

Date Type Category Description
2026-09-30 AA accounts Accounts with accounts type full PDF
2026-08-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-29 AA accounts Accounts with accounts type medium PDF
2025-07-05 CS01 confirmation-statement Confirmation statement with updates PDF
2024-09-30 AA accounts Accounts with accounts type full PDF
2024-07-16 CS01 confirmation-statement Confirmation statement with updates PDF
2023-07-18 AA accounts Accounts with accounts type full
2023-07-07 CS01 confirmation-statement Confirmation statement with updates PDF
2022-07-19 AA accounts Accounts with accounts type full
2022-07-05 CS01 confirmation-statement Confirmation statement with updates PDF
2022-01-10 AA accounts Accounts with accounts type audit exemption subsiduary
2022-01-10 PARENT_ACC accounts Legacy
2022-01-10 GUARANTEE2 other Legacy
2022-01-10 AGREEMENT2 other Legacy
2021-09-15 DISS40 gazette Gazette filings brought up to date
2021-09-14 CS01 confirmation-statement Confirmation statement with updates PDF
2021-09-14 GAZ1 gazette Gazette notice compulsory
2021-03-23 CH02 officers Change corporate director company with change date PDF
2021-03-23 CH02 officers Change corporate director company with change date PDF
2021-01-19 AA accounts Accounts with accounts type audit exemption subsiduary

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Official Companies House page