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Cash

£81m

+38.9% highest in 3 filed years

Net assets

£18m

+55.4% highest in 3 filed years

Employees

293

+8.1% highest in 3 filed years

Profit before tax

£8.9m

+44.3% highest in 3 filed years

Accounts

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

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £38,530,000£52,270,000£61,030,000 +16.8%
Operating profit -£1,374,000£3,897,000£5,569,000 +42.9%
Profit before tax -£663,000£6,146,000£8,868,000 +44.3%
Net profit -£476,000£5,473,000£6,269,000 +14.5%
Cash £32,288,000£58,081,000£80,694,000 +38.9%
Total assets less current liabilities £7,300,000£12,956,000£20,160,000 +55.6%
Net assets £5,848,000£11,321,000£17,590,000 +55.4%
Equity £5,848,000£11,321,000£17,590,000 +55.4%
Average employees 213271293 +8.1%
Wages £8,923,000£11,547,000£13,559,000 +17.4%
Directors' remuneration £439,000£455,000£420,000 -7.7%
Directors' pension contributions £9,000£10,000£21,000 +110%
Highest paid director £142,000£175,000£162,000 -7.4%

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 2023-12-312024-12-312025-12-31
Operating margin -3.6%7.5%9.1%
Net margin -1.2%10.5%10.3%
Return on capital employed -18.8%30.1%27.6%
Gearing (liabilities / total assets) 93.1%92.0%91.1%
Current ratio 0.99x0.90x0.81x

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 1 time since incorporation

  1. ROXEL (UK ROCKET MOTORS) LIMITED 2002-11-05 → present
  2. 3679458 LIMITED 2002-09-24 → 2002-11-05

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Crowe U.K. LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Based on this assessment, the Directors are satisfied that the Company has adequate financial resources to continue to meet its obligations as they fall due for at least 12 months from the date of approval of these financial statements.”

Significant events

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

People

6 active · 17 resigned

Name Role Appointed Born Nationality
WHITE, Aprille Victoria Mary Secretary 2025-06-04 — —
BANKS, Adrian Paul Director 2021-10-18 Sep 1962 British
BRADFORD, Andrew Glenn Director 2025-06-04 Apr 1962 British
CUTMORE, Stephen Allan Director 2021-04-01 Dec 1970 British
GRISON, Sylvie Jeanne Director 2025-01-01 Nov 1964 French
JOLLIVET, Laurent André François Director 2025-09-02 Sep 1983 French,British
Show 17 resigned officers
Name Role Appointed Resigned
BAILEY, Colin Evelyn Ian Secretary 2003-02-13 2005-09-30
CUTMORE, Stephen Allan Secretary 2021-06-01 2025-06-04
EVANS, Christopher Nigel Secretary 2005-09-30 2014-02-13
HARDMAN, Mark Secretary 2020-12-21 2021-06-01
SALANS SECRETARIAL SERVICES LIMITED Corporate Secretary 2002-09-24 2003-02-18
DESCLAUX, Jacques Director 2013-07-02 2020-08-31
GALAN, Etienne Francois Marie Director 2020-09-01 2024-12-31
GOLBY, David Alan Director 2020-12-21 2022-03-31
GRANDJEAN, Bernard Andre Jean Director 2002-09-24 2003-02-18
HARDMAN, Mark Director 2014-01-06 2022-03-31
HILTON, Andrew Director 2003-02-18 2008-02-25
JENKINS, Paul Richard Director 2020-08-01 2020-12-21
JEWELL, Christopher Adrian Director 2002-09-24 2003-02-18
LIGGITT, Stephen Arthur Director 2012-01-27 2020-08-31
QUANCARD, David Director 2003-02-18 2013-07-02
SHEPLEY, Sebastian Anthony Director 2008-02-25 2012-01-27
WHITE, Ian John Director 2003-02-18 2014-01-01

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Roxel Sas Corporate entity Shares 75–100%, Voting 75–100% (as trust), Appoints directors (as trust), Significant influence (as trust) 2017-06-17 Active

Filing timeline

Last 20 of 116 total filings

Date Type Category Description
2026-09-24 AA accounts Accounts with accounts type full
2026-08-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-11-06 CH03 officers Change person secretary company with change date PDF
2025-11-06 AP01 officers Appoint person director company with name date PDF
2025-09-09 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-09-08 PSC09 persons-with-significant-control Withdrawal of a person with significant control statement PDF
2025-08-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-29 AA accounts Accounts with accounts type full
2025-07-10 AP01 officers Appoint person director company with name date PDF
2025-07-09 TM02 officers Termination secretary company with name termination date PDF
2025-07-09 AP03 officers Appoint person secretary company with name date PDF
2025-01-17 AP01 officers Appoint person director company with name date PDF
2025-01-17 TM01 officers Termination director company with name termination date PDF
2024-08-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-31 AA accounts Accounts with accounts type full
2023-09-20 AA accounts Accounts with accounts type full
2023-08-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-10-07 AA accounts Accounts with accounts type full
2022-07-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-04-07 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

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