EUROPEAN POLICY EXCHANGE LIMITED
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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
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| 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 | 4 | 4 | |
| 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
-
Turnover
-77.6%
£114,926,050 £25,712,145
-
Cash
-53.6%
£2,166,065 £1,004,191
-
Net assets
-28.8%
£12,079,521 £8,604,047
-
Employees
0%
4 4
-
Operating profit
-34%
£2,125,957 £1,402,616
-
Profit before tax
+158.6%
-£1,414,028 £828,141
-
Wages
-17.7%
£149,550 £123,051
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| 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 | 0.65x | 1.01x | |
| Interest cover | 0.59x | 1.29x |
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
- EUROPEAN POLICY EXCHANGE LIMITED 2004-02-20 → present
- 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
- EUROPEAN POLICY EXCHANGE LIMITED · parent
- EPEX Factoring GmbH 100%
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 | |
| 2025-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-20 | AA | accounts | Accounts with accounts type full | |
| 2025-05-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-31 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-31 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-31 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-21 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- 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.