COBALT CONSULTING (UK) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-27 (in 4mo)
Last made up 2025-09-13
Watchouts
Cash
£157K
+223% vs 2023
Net assets
£2M
-17.5% lowest in 6 filed years
Employees
42
-14.3% lowest in 6 filed years
Profit before tax
-£458K
-51.9% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £9,840,018 | £5,164,317 | £6,393,802 | — | £5,927,523 | £4,942,436 | |
| Operating profit | — | £273,825 | -£867,598 | £37,510 | — | -£342,415 | -£469,812 | |
| Profit before tax | — | £228,146 | -£871,180 | -£1,584 | £351,879 | -£301,551 | -£458,143 | |
| Net profit | — | £228,146 | -£882,218 | -£152,937 | £358,086 | -£303,870 | -£458,143 | |
| Cash | — | £441,493 | £339,643 | £233,382 | £197,692 | £48,596 | £156,945 | |
| Total assets less current liabilities | — | £3,418,075 | £2,535,913 | £2,494,405 | £2,847,112 | £2,545,561 | £2,098,156 | |
| Net assets | — | £3,411,602 | £2,529,440 | £2,487,932 | £2,846,018 | £2,542,148 | £2,098,156 | |
| Equity | £3,170,563 | £3,411,602 | £2,529,440 | £2,487,932 | £2,846,018 | £2,542,148 | £2,098,156 | |
| Average employees | — | 79 | 63 | 56 | 67 | 49 | 42 | |
| Wages | — | £6,245,389 | £3,387,090 | £3,222,440 | £3,943,102 | £3,131,595 | £2,989,576 | |
| Directors' remuneration | — | £1,468,362 | £401,678 | — | £146,929 | £166,436 | £83,145 |
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
-
Turnover
-16.6%
£5,927,523 £4,942,436
lowest in 5 filed years
-
Cash
+223%
£48,596 £156,945
-
Net assets
-17.5%
£2,542,148 £2,098,156
lowest in 6 filed years
-
Employees
-14.3%
49 42
lowest in 6 filed years
-
Operating profit
-37.2%
-£342,415 -£469,812
-
Profit before tax
-51.9%
-£301,551 -£458,143
-
Wages
-4.5%
£3,131,595 £2,989,576
lowest in 6 filed years
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 | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | 2.8% | -16.8% | 0.6% | — | -5.8% | -9.5% | |
| Net margin | — | 2.3% | -17.1% | -2.4% | — | -5.1% | -9.3% | |
| Return on capital employed | — | 8.0% | -34.2% | 1.5% | — | -13.5% | -22.4% | |
| Current ratio | — | — | — | — | — | 1.71x | 1.56x | |
| Interest cover | — | 5.03x | -60.76x | 0.96x | — | -417.58x | -536.32x |
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. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Despite less favourable market conditions year on year the directors remain confident in the future demand for the group's services. These dynamics, on top of the streamlined cost base means the directors strongly feel the business is better placed for future success. The group remains committed to retaining, hiring and investing in the best staff and managers to return to growth. As a result of the above, and supported by forecasts for the group to 31 December 2026, the directors believe the company to be a going concern.”
Significant events
- “2024 has been a challenging year across the recruitment sector with the realisation of the economic headwinds which appeared in the second part of 2022 and continued since.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ROWE, Timothy Scott | Director | 2001-09-13 | Jul 1975 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ROWE, Braham Ashley | Secretary | 2001-09-13 | 2011-03-21 |
| WALKER, Adam | Secretary | 2011-03-21 | 2025-02-03 |
| RM REGISTRARS LIMITED | Corporate Nominee Secretary | 2001-09-13 | 2001-09-13 |
| WALKER, Adam Richard | Director | 2001-10-03 | 2025-02-03 |
| RM NOMINEES LIMITED | Corporate Nominee Director | 2001-09-13 | 2001-09-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Adam Richard Walker | Individual | Shares 25–50% | 2016-04-06 | Ceased 2025-04-25 |
| Mr Timothy Scott Rowe | Individual | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 122 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-03-02 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2026-02-26 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2026-01-12 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2025-12-31 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-09-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-22 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-05-22 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-03-10 | SH03 | capital | Capital return purchase own shares | |
| 2025-02-24 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-02-24 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-06 | SH03 | capital | Capital return purchase own shares | |
| 2024-11-18 | SH06 | capital | Capital cancellation shares | |
| 2024-10-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-09-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-09-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 7
- 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.