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Next accounts due

2027-04-30 (in 11mo)

Last filed for 2025-07-31

Confirmation statement due

2026-05-19

Overdue

Watchouts

1 item

Cash

£7M

+98.7% vs 2024

Net assets

£703K

-43.3% vs 2024

Employees

19

+11.8% vs 2024

Profit before tax

-£709K

-13.6% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · latest reflected 2025-07-31

Metric Trend 2024-07-312025-07-31
Turnover £10,159,296£10,996,771
Operating profit -£687,798-£769,784
Profit before tax -£624,401-£709,497
Net profit -£491,606-£536,651
Cash £3,451,499£6,858,838
Total assets less current liabilities £1,239,623£702,972
Net assets £1,239,623£702,972
Equity £1,239,623£702,972
Average employees 1719
Wages £1,533,213£1,687,848
Directors' remuneration

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

FY2024 → FY2025 · period ending 2025-07-31 vs 2024-07-31

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 2024-07-312025-07-31
Operating margin -6.8%-7.0%
Net margin -4.8%-4.9%
Return on capital employed -55.5%-109.5%
Gearing (liabilities / total assets) 87.3%95.1%
Current ratio 1.14x1.05x
Interest cover -410.77x

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
Anderson Barrowcliff Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The company has made losses in each of the last two financial years. The parent company is currently reviewing the service charge it applies to the company and is considering a reduction in this charge in future periods, which is expected to support the company's return to profitability. The parent company has also confirmed its ongoing financial support. Taking these factors into account, the directors consider it appropriate to prepare the financial statements on a going concern basis. Further detail is provided in the basis of preparation note on page 12.”

Significant events

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

People

3 active · 1 resigned

Name Role Appointed Born Nationality
SCHNEIDER, Roland Dietrich Secretary 2004-05-10 Canadian
SCHNEIDER, Christian Reinhard Director 2004-05-10 Jan 1962 Canadian
SCHNEIDER, Roland Dietrich Director 2004-05-10 Jan 1961 Canadian
Show 1 resigned officer
Name Role Appointed Resigned
SWIFT INCORPORATIONS LIMITED Corporate Nominee Secretary 2004-05-10 2004-05-10

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Niche Technology Inc Corporate entity Significant influence 2016-04-06 Active

Filing timeline

Last 20 of 60 total filings

Date Type Category Description
2026-05-01 AA accounts Accounts with accounts type full
2025-05-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-29 AA accounts Accounts with accounts type full
2024-05-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-04-10 AA accounts Accounts with accounts type full
2023-05-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-05-04 CH01 officers Change person director company with change date PDF
2023-05-04 CH01 officers Change person director company with change date PDF
2023-05-04 PSC05 persons-with-significant-control Change to a person with significant control PDF
2023-02-01 AD01 address Change registered office address company with date old address new address PDF
2022-12-07 AA accounts Accounts with accounts type small
2022-05-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-11-22 AA accounts Accounts with accounts type small
2021-05-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-11-23 AA accounts Accounts with accounts type small
2020-05-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-10-18 AA accounts Accounts with accounts type small
2019-05-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-01-30 AA accounts Accounts with accounts type small
2018-05-25 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

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