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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-07-11 (in 2mo)

Last made up 2025-06-27

Watchouts

None on the register

Cash

£291K

USD 389,685

-16.4% vs 2023

Net assets

£8M

USD 10,129,535

+58.5% vs 2023

Employees

Average over period

Profit before tax

£4M

USD 5,075,348

+8.3% vs 2023

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover £25,354,770£31,215,927
Operating profit £4,528,260£4,564,518
Profit before tax £3,502,092£3,794,085
Net profit £2,515,811£2,795,612
Cash £348,580£291,310
Total assets less current liabilities £4,776,740£7,572,352
Net assets £4,776,740£7,572,352
Equity £4,776,740£7,572,352
Average employees
Wages £223,807£227,166
Directors' remuneration

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. 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

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Ratios

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

Ratio Trend 2023-12-312024-12-31
Operating margin 17.9%14.6%
Net margin 9.9%9.0%
Return on capital employed 94.8%60.3%
Current ratio 1.08x1.11x
Interest cover 4.41x5.92x

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.

Name history

Renamed 5 times since incorporation

  1. ISTIM UK LTD 2017-02-08 → present
  2. ISTIM METALS UK LTD 2016-08-03 → 2017-02-08
  3. SCALE LOGISTICS LTD 2012-08-03 → 2016-08-03
  4. S.L.L. DEVELOPMENTS LIMITED 2004-06-14 → 2012-08-03
  5. A & R PROPERTY DEVELOPMENT LIMITED 2004-02-19 → 2004-06-14
  6. SCALE MARITIME SERVICES LIMITED 2000-06-14 → 2004-02-19

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
MHA
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the director's 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 Group's or the parent 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

  1. ISTIM UK LTD · parent
    1. ISTIM Singapore PTE Limited 100% · Singapore

Significant events

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

People

3 active · 6 resigned

Name Role Appointed Born Nationality
BOLOVEN, Steve Secretary 2018-03-14
SCOTT, Marla Secretary 2016-08-02
WHELAN, Michael Director 2016-08-02 Mar 1974 American
Show 6 resigned officers
Name Role Appointed Resigned
DAY, Paul Edmund Secretary 2008-06-12 2016-08-02
ROBERTS, Graham Paul Secretary 2000-06-14 2008-06-12
NORTH WEST REGISTRATION SERVICES (1994) LIMITED Corporate Nominee Secretary 2000-06-14 2000-06-14
AVIS, Christine Susan Nominee Director 2000-06-14 2000-06-14
DAY, David Alan Director 2000-06-14 2016-08-02
WHELAN, William Director 2016-08-02 2017-02-08

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Michael Whelan Individual Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2021-03-01

Filing timeline

Last 20 of 94 total filings

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

  • 2021-08-04 RESOLUTIONS Resolution
  • 2021-07-21 MA Memorandum articles
  • 2021-07-21 CC04 Statement of companys objects
Date Type Category Description
2025-10-03 AA accounts Accounts with accounts type group
2025-06-29 CS01 confirmation-statement Confirmation statement with updates PDF
2024-12-23 MR04 mortgage Mortgage satisfy charge full PDF
2024-12-23 MR04 mortgage Mortgage satisfy charge full PDF
2024-12-23 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-11-13 AA accounts Accounts with accounts type group
2024-07-30 CS01 confirmation-statement Confirmation statement with updates PDF
2024-07-29 CH01 officers Change person director company with change date PDF
2023-10-10 AA accounts Accounts with accounts type group
2023-07-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-11-15 AA accounts Accounts with accounts type group
2022-07-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-01-02 AA accounts Accounts with accounts type group
2021-11-23 AD01 address Change registered office address company with date old address new address PDF
2021-08-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-08-04 RESOLUTIONS resolution Resolution
2021-07-21 MA incorporation Memorandum articles
2021-07-21 CC04 change-of-constitution Statement of companys objects
2021-07-12 MR04 mortgage Mortgage satisfy charge full PDF
2021-07-12 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF

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