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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-10-15 (in 5mo)

Last made up 2025-10-01

Watchouts

None on the register

Cash

£1M

EUR 1,154,719

-53.6% vs 2023

Net assets

£9M

EUR 9,893,794

-28.8% vs 2023

Employees

4

0% vs 2023

Profit before tax

£828K

EUR 952,279

+158.6% vs 2023

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover £114,926,050£25,712,145
Operating profit £2,125,957£1,402,616
Profit before tax -£1,414,028£828,141
Net profit -£1,414,028£916,213
Cash £2,166,065£1,004,191
Total assets less current liabilities £12,093,547£8,604,047
Net assets £12,079,521£8,604,047
Equity £12,079,521£8,604,047
Average employees 44
Wages £149,550£123,051
Directors' remuneration £102,365£105,147

Figures converted to GBP from EUR at 0.870 per EUR (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 1.8%5.5%
Net margin -1.2%3.6%
Return on capital employed 17.6%16.3%
Gearing (liabilities / total assets) 71.5%64.3%
Current ratio 0.65x1.01x
Interest cover 0.59x1.29x

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. EUROPEAN POLICY EXCHANGE LIMITED 2004-02-20 → present
  2. TUCKWOOD NO. 111 LIMITED 2003-09-19 → 2004-02-20

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Standalone (parent only)
Auditor
Sumer Auditco Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“At 31 December 2024 EPEX has current assets of €17.9 million (2023: €22.8 million) and current liabilities of €17.8 million (2023: €34.9 million), resulting in a net current asset of €0.1 million (2023: a net current liability of €12.1 million). The going concern assumption is appropriate.”

Group structure

  1. EUROPEAN POLICY EXCHANGE LIMITED · parent
    1. EPEX Factoring GmbH 100% · Germany

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

People

4 active · 12 resigned

Name Role Appointed Born Nationality
HEIMLICH, Till, Mr. Secretary 2013-08-01
HEIMLICH, Till Director 2012-10-26 Jun 1978 German
HENKE, Klaus Director 2012-09-21 Jul 1969 German
SIEBERT, Sebastian Director 2003-12-12 Aug 1977 German
Show 12 resigned officers
Name Role Appointed Resigned
BANFIELD, Simon Jeremy Secretary 2003-09-19 2003-12-12
SIEBERT, Sebastian Secretary 2003-12-12 2013-08-01
AHLERS, Max Benjamin Gustav Director 2003-12-12 2016-04-28
BARMAN, Petteri Bernhard Director 2004-12-22 2007-10-23
BRYANT, John Ashley Director 2003-09-19 2003-12-12
CARTER, Darren Mark Director 2007-10-23 2011-08-05
HEYWORTH, Stephen Director 2011-10-13 2012-06-12
MELVILLE, George Alexander Easson Director 2003-09-19 2003-12-12
MURJAHN, Annika, Dr. Director 2012-12-14 2016-04-26
NOERTERSHEUSER, Simon Kristian Director 2004-01-16 2016-04-28
SIMON, Frank Director 2004-12-22 2011-04-15
WICHELHAUS, Ingo Director 2004-12-22 2012-06-12

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Sebastian Axel Siebert Individual Shares 25–50% 2024-10-03 Active
Mr Benjamin Max Gustav Ahlers Individual Shares 25–50% 2024-10-03 Active
Mr Simon Kristian Nörtersheuser Individual Shares 25–50% 2024-10-03 Active

Filing timeline

Last 20 of 203 total filings

Date Type Category Description
2025-10-17 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-10-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-08-20 AA accounts Accounts with accounts type full
2025-05-08 MR04 mortgage Mortgage satisfy charge full PDF
2025-03-31 MR04 mortgage Mortgage satisfy charge full PDF
2025-03-31 MR04 mortgage Mortgage satisfy charge full PDF
2025-03-31 MR04 mortgage Mortgage satisfy charge full PDF
2025-03-28 MR04 mortgage Mortgage satisfy charge full PDF
2025-03-28 MR04 mortgage Mortgage satisfy charge full PDF
2025-03-28 MR04 mortgage Mortgage satisfy charge full PDF
2025-03-28 MR04 mortgage Mortgage satisfy charge full PDF
2025-03-28 MR04 mortgage Mortgage satisfy charge full PDF
2025-03-28 MR04 mortgage Mortgage satisfy charge full PDF
2025-03-28 MR04 mortgage Mortgage satisfy charge full PDF
2025-03-21 MR04 mortgage Mortgage satisfy charge full PDF
2025-03-21 MR04 mortgage Mortgage satisfy charge full PDF
2025-03-21 MR04 mortgage Mortgage satisfy charge full PDF
2025-03-21 MR04 mortgage Mortgage satisfy charge full PDF
2025-03-21 MR04 mortgage Mortgage satisfy charge full PDF
2025-03-21 MR04 mortgage Mortgage satisfy charge full 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