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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-12-08 (in 7mo)

Last made up 2025-11-24

Watchouts

1 item

Cash

£984K

-16% vs 2023

Net assets

-£3M

-58.9% lowest in 5 filed years

Employees

150

-0.7% vs 2023

Profit before tax

-£661K

-3.9% vs 2023

Watchouts

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

Accounts

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

Metric Trend 2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Turnover £28,690,291£28,774,921
Operating profit -£388,461-£371,964
Profit before tax -£635,718-£660,613
Net profit -£5,400-£422,442-£364,693-£1,073,717-£963,211
Cash £0£9,325£9,046£1,171,586£984,495
Total assets less current liabilities £3,553,206£7,789,231£1,935,152£408,269
Net assets £3,553,206£3,870,542£3,505,849-£1,967,045-£3,126,526
Equity £3,870,542-£4,380,522-£1,967,045-£3,126,526
Average employees 000151150
Wages £0£0£0£13,435,273£16,162,347
Directors' remuneration £166,834£83,543

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

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 2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Operating margin -1.4%-1.3%
Net margin -3.7%-3.3%
Return on capital employed -20.1%-91.1%
Current ratio 1.40x1.02x
Interest cover -1.50x-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

  1. COBALT CONSULTING HOLDINGS LIMITED 2008-03-26 → present
  2. BDBCO NO.825 LIMITED 2007-08-01 → 2008-03-26

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Saffery LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“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. 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.”

Group structure

  1. COBALT CONSULTING HOLDINGS LIMITED · parent
    1. Cobalt Consulting (UK) Limited 70% · England and Wales
    2. Cobalt Consulting No.1 Limited 100%
    3. Cobalt Deutschland GmbH 100% · Germany
    4. Cobalt Temporary Solutions GmbH 100% · Germany
    5. Concord Cobalt Recruitment GmbH 100% · Germany
    6. Cobalt Recruitment, Inc. 80% · USA
    7. Valdivia Consulting Gmbh 70% · Germany
    8. Comanos GmbH 57.5% · Germany
    9. Comanos Holdings GmbH 57.5% · Germany
    10. Comanos Freelance GmbH 57.5% · Germany
    11. Comanos Executive GmbH 57.5% · Germany
    12. Comanos Holding Limited 100%
    13. Comanos Consulting Limited 100%

Significant events

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

People

1 active · 4 resigned

Name Role Appointed Born Nationality
ROWE, Timothy Scott Director 2008-03-14 Jul 1975 British
Show 4 resigned officers
Name Role Appointed Resigned
LATIMER, Clare Frances Lousie Secretary 2008-03-14 2013-11-29
BROADWAY SECRETARIES LIMITED Corporate Secretary 2007-08-01 2008-03-14
WALKER, Adam Richard Director 2008-03-14 2025-02-03
BROADWAY DIRECTORS LIMITED Corporate Director 2007-08-01 2008-03-14

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 82 total filings

Date Type Category Description
2026-05-07 AD01 address Change registered office address company with date old address new address PDF
2026-02-13 AAMD accounts Accounts amended with accounts type group
2026-02-04 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-12-01 AA accounts Accounts with accounts type group PDF
2025-11-24 CS01 confirmation-statement Confirmation statement with updates PDF
2025-10-16 CS01 confirmation-statement Confirmation statement with updates PDF
2025-05-22 PSC04 persons-with-significant-control Change to a person with significant control PDF
2025-05-22 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-02-24 TM01 officers Termination director company with name termination date PDF
2024-10-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-27 AA accounts Accounts with accounts type group PDF
2023-10-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-09-29 AA accounts Accounts with accounts type group PDF
2023-01-10 AA accounts Accounts with accounts type group
2022-10-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-04-19 AD01 address Change registered office address company with date old address new address PDF
2021-12-16 AA accounts Accounts with accounts type group PDF
2021-10-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-01-18 AA accounts Accounts with accounts type group PDF
2020-10-15 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

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