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Next accounts due

2027-03-31 (in 10mo)

Last filed for 2025-06-30

Confirmation statement due

2026-08-09 (in 3mo)

Last made up 2025-07-26

Watchouts

None on the register

Cash

£645K

+292.6% vs 2024

Net assets

-£8M

-54.5% vs 2024

Employees

42

+27.3% vs 2024

Profit before tax

-£3M

-4.9% vs 2024

Accounts

2-year trend · latest reflected 2025-06-30

Metric Trend 2024-06-302025-06-30
Turnover £5,434,820£6,833,688
Operating profit -£2,800,314-£2,937,515
Profit before tax -£2,800,419-£2,937,522
Net profit -£2,800,419-£2,937,522
Cash £164,320£645,156
Total assets less current liabilities -£5,366,945-£8,304,467
Net assets -£5,388,172-£8,325,694
Equity -£5,388,172-£8,325,694
Average employees 3342
Wages
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

FY2024 → FY2025 · period ending 2025-06-30 vs 2024-06-30

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 2024-06-302025-06-30
Operating margin -51.5%-43.0%
Net margin -51.5%-43.0%
Return on capital employed 52.2%35.4%
Current ratio 0.53x0.48x
Interest cover -26669.66x-419645.00x

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 §1A
Reporting scope
Standalone (parent only)
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
Forvis Mazars LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements are prepared on a going concern basis, which is due to the continued support committed by Duke University. Duke University has issued a letter of support confirming that they will support the company for a sufficient amount to enable it to meet all of its obligations in the ordinary course of business through to at least December 2026.”

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

People

4 active · 16 resigned

Name Role Appointed Born Nationality
FRICK, Barbara Mancini Secretary 2025-10-10
CHETTY, Thayanayagee Director 2018-07-16 Apr 1965 South African
FRICK, Barbara Mancini Director 2016-08-17 Jul 1963 American
MATHEWS, Paul Gerard Director 2016-08-17 Jul 1969 American
Show 16 resigned officers
Name Role Appointed Resigned
FRICK, Barbara Mancini Secretary 2001-07-26 2025-10-10
KEY LEGAL SERVICES (SECRETARIAL) LIMITED Corporate Nominee Secretary 2001-07-26 2001-07-26
MITRE SECRETARIES LIMITED Corporate Secretary 2007-08-20 2024-05-31
CANNING, Michael Director 2010-07-01 2016-08-17
CHAVEZ JR., Michael Anthony Director 2013-11-30 2016-08-17
LAST, Timothy Director 2005-11-01 2013-11-30
LOUGHRIDGE, Dennis W. Director 2011-07-02 2016-08-17
MACKRELL, Keith Ashley Victor Director 2004-04-19 2011-07-01
MILLER, Peter Bradbury, Professor Director 2004-04-19 2011-06-29
MOUNTFORD, Roger Philip Director 2005-11-01 2011-07-01
ROSENBLUM, Judith Director 2009-04-20 2011-07-01
ROSENBLUM, Judith Director 2004-04-19 2007-08-20
SHEPPARD, Blair Director 2001-07-26 2009-04-20
STOKES, Cheryl Diane Director 2016-08-17 2018-07-16
TAYLOR-THOMPSON, Kim A Director 2007-08-20 2010-07-01
KEY LEGAL SERVICES (NOMINEES) LIMITED Corporate Nominee Director 2001-07-26 2001-07-26

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 115 total filings

Date Type Category Description
2025-12-19 AA accounts Accounts with accounts type full PDF
2025-10-15 CH01 officers Change person director company with change date PDF
2025-10-10 AP03 officers Appoint person secretary company with name date PDF
2025-10-10 TM02 officers Termination secretary company with name termination date PDF
2025-07-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-19 AA accounts Accounts with accounts type small
2024-08-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-08-01 CH01 officers Change person director company with change date PDF
2024-05-31 TM02 officers Termination secretary company with name termination date PDF
2024-04-11 AA accounts Accounts with accounts type small
2023-07-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-03-03 AA accounts Accounts with accounts type small
2022-08-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-04-04 AA accounts Accounts with accounts type small
2021-07-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-04-08 AA accounts Accounts with accounts type full
2020-07-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-07-09 AA accounts Accounts with accounts type full
2019-07-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2018-12-24 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
0

last 24 months

Officers appointed
1

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