ABSTRACT SECURITIES LIMITED
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Cash
£730k
-57.4% lowest in 3 filed years
Net assets
£11m
+42.2% highest in 3 filed years
Employees
9
0% vs 2024
Profit before tax
£4.8m
+275.6% highest in 3 filed years
Net assets
3-year trend · vs Real Estate median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £13,927,611 | £514,997 | £1,698,776 | +229.9% | |
| Operating profit | -£2,146,592 | -£2,857,130 | -£2,311,929 | +19.1% | |
| Profit before tax | -£2,026,253 | -£2,733,503 | £4,800,454 | +275.6% | |
| Net profit | -£1,610,100 | -£2,033,879 | £3,194,715 | +257.1% | |
| Cash | £3,085,645 | £1,714,074 | £730,238 | -57.4% | |
| Total assets less current liabilities | £10,413,378 | £8,379,499 | £13,753,406 | +64.1% | |
| Net assets | £9,610,690 | £7,576,811 | £10,771,526 | +42.2% | |
| Equity | £9,610,690 | £7,576,811 | £10,771,526 | +42.2% | |
| Average employees | 9 | 9 | 9 | 0% | |
| Wages | £1,880,212 | £1,901,121 | £1,839,056 | -3.3% | |
| Directors' remuneration | £1,497,498 | £1,567,135 | £1,517,728 | -3.2% | |
| Directors' pension contributions | £1,299 | £1,321 | — | — | |
| Highest paid director | £815,356 | £852,178 | £858,860 | +0.8% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -15.4% | — | -136.1% | |
| Net margin | -11.6% | — | 188.1% | |
| Return on capital employed | -20.6% | -34.1% | -16.8% | |
| Gearing (liabilities / total assets) | 33.7% | 31.0% | 41.6% | |
| Current ratio | 2.50x | 2.58x | 1.49x | |
| Interest cover | -57.05x | -26.31x | -7.32x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting”
Group structure
- ABSTRACT SECURITIES LIMITED · parent
- Abstract (Salford) Limited 100%
- Abstract Development Services Limited 100%
Significant events
- “subsequent to the year end, the company disposed of its investment in P2U Holdings Limited in full at the balance sheet carrying value.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MILES, Stephanie | Secretary | 2003-01-31 | — | British |
| GLATMAN, Mark Lewis | Director | 2000-03-14 | Aug 1956 | British |
| KIRKLAND, John Alexander Charles | Director | 2014-02-18 | Jun 1980 | British |
| MCPHERSON, Christopher John | Director | 2011-11-04 | Jun 1963 | British |
| MILES, Stephanie | Director | 2004-07-09 | Sep 1972 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FAIRBAIRN, Myra Reid | Secretary | 2000-03-14 | 2003-01-31 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2000-03-14 | 2000-03-14 |
| ARTHUR, Kevin Mccabe | Director | 2000-03-14 | 2002-09-02 |
| KIRKLAND, John Nigel | Director | 2002-09-17 | 2021-11-10 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 2000-03-14 | 2000-03-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr John Alexander Charles Kirkland | Individual | Shares 25–50% | 2019-07-18 | Active |
| Mr John Alexander Charles Kirkland | Individual | Shares 25–50% | 2016-04-06 | Ceased 2019-05-16 |
| Mr John Nigel Kirkland | Individual | Shares 25–50% | 2016-04-06 | Ceased 2019-05-16 |
| Mr Mark Lewis Glatman | Individual | Shares 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 96 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-29 | AA | accounts | Accounts with accounts type group | |
| 2026-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-27 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-27 | CH01 | officers | Change person director company with change date | |
| 2025-09-26 | AA | accounts | Accounts with accounts type group | |
| 2025-01-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-13 | AA | accounts | Accounts with accounts type group | |
| 2024-01-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-15 | AA | accounts | Accounts with accounts type group | |
| 2023-05-02 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-01-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-17 | AA | accounts | Accounts with accounts type group | |
| 2022-01-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-22 | TM01 | officers | Termination director company with name termination date | |
| 2021-07-08 | CH01 | officers | Change person director company with change date | |
| 2021-05-26 | AA | accounts | Accounts with accounts type group | |
| 2021-02-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-01-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-11 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.