ORCHARD GLOBAL SERVICES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-16 (in 5mo)
Last made up 2025-10-02
Watchouts
None on the register
Cash
£3M
USD 3,706,675
-33.9% vs 2023
Net assets
£12M
USD 15,686,973
+32% vs 2023
Employees
71
+18.3% vs 2023
Profit before tax
£5M
USD 6,887,071
+159.3% 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 | £71,790,950 | £65,811,237 | |
| Operating profit | -£9,110,076 | £5,031,280 | |
| Profit before tax | -£8,678,935 | £5,148,442 | |
| Net profit | -£8,783,326 | £2,844,314 | |
| Cash | £4,193,109 | £2,770,931 | |
| Total assets less current liabilities | — | — | |
| Net assets | £8,882,510 | £11,726,824 | |
| Equity | £8,882,510 | £11,726,824 | |
| Average employees | 60 | 71 | |
| Wages | £40,586,810 | £33,305,121 | |
| Directors' remuneration | £1,058,884 | £529,661 |
Figures converted to GBP from USD at 0.748 per USD (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
-8.3%
£71,790,950 £65,811,237
-
Cash
-33.9%
£4,193,109 £2,770,931
-
Net assets
+32%
£8,882,510 £11,726,824
-
Employees
+18.3%
60 71
-
Operating profit
+155.2%
-£9,110,076 £5,031,280
-
Profit before tax
+159.3%
-£8,678,935 £5,148,442
-
Wages
-17.9%
£40,586,810 £33,305,121
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 | -12.7% | 7.6% | |
| Net margin | -12.2% | 4.3% | |
| Gearing (liabilities / total assets) | 81.3% | 76.7% | |
| Current ratio | 1.40x | 1.54x | |
| Interest cover | -38.06x | 20.85x |
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
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have reviewed revenue forecasts and believe the Company and the Group have adequate financial resources to continue in operational existence for the foreseeable future, and for at least 12 months from the date that the report and financial statements are approved. Accordingly, the Company and the Group continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- ORCHARD GLOBAL SERVICES LIMITED · parent
- Orchard Global Asset Management LLP 100%
Significant events
- “The investment in associate was sold in February 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BERGERON, Marc | Secretary | 2023-03-13 | — | — |
| HORVATH, Paul Douglas | Director | 2018-04-01 | May 1967 | American |
| WEBER, Andrew Adam | Director | 2018-04-01 | Mar 1975 | American,British |
| YOUNG, John Robert | Director | 2015-01-01 | May 1968 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAETZ, Fabien | Secretary | 2008-10-02 | 2010-06-10 |
| BAROUHIEL, Jacques | Secretary | 2010-06-10 | 2010-10-27 |
| MICHAUD, Pierre | Secretary | 2010-10-27 | 2018-03-31 |
| SCANLON, Olivia | Secretary | 2018-04-01 | 2023-03-10 |
| DATTANI, Sunil | Director | 2012-12-03 | 2014-12-01 |
| HORVATH, Paul | Director | 2008-10-02 | 2012-12-11 |
| ROUAULT-WEE, Christina Li Lin | Director | 2012-12-03 | 2018-03-31 |
| WEE, Gary | Director | 2012-12-03 | 2018-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Paul Horvath | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-05-09 | Ceased 2023-08-31 |
| Mrs Cacilie Friederike Sophie Horvath | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2017-05-09 | Ceased 2017-12-23 |
| Mr Gary Wee | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Ceased 2017-05-09 |
Filing timeline
Last 20 of 90 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-23 | AUD | auditors | Auditors resignation company | |
| 2025-10-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-01 | AA | accounts | Accounts with accounts type group | |
| 2024-10-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-13 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2024-05-02 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-05-01 | AA | accounts | Accounts with accounts type group | |
| 2023-11-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-20 | SH01 | capital | Capital allotment shares | |
| 2023-07-26 | AA | accounts | Accounts with accounts type group | |
| 2023-04-18 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-04-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-11-02 | CH03 | officers | Change person secretary company with change date | |
| 2022-11-02 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2022-11-02 | CH01 | officers | Change person director company with change date | |
| 2022-11-02 | CH01 | officers | Change person director company with change date | |
| 2022-11-02 | CH01 | officers | Change person director company with change date | |
| 2022-11-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-12 | SH01 | capital | Capital allotment shares | |
| 2022-07-18 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.