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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2027-04-02 (in 11mo)

Last made up 2026-03-19

Watchouts

1 item

Cash

£1M

+298.4% highest in 4 filed years

Net assets

£3M

-67.3% vs 2024

Employees

2

0% vs 2024

Profit before tax

£245K

-53% vs 2024

Watchouts

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

Accounts

4-year trend · latest reflected 2025-03-31

Metric Trend 2019-12-312020-12-312024-03-312025-03-31
Turnover
Operating profit -£122,050-£73,599
Profit before tax £520,317£244,776
Net profit £381,062£157,258
Cash £333,603£137,665£284,651£1,133,959
Total assets less current liabilities £10,162,786£3,320,044
Net assets £1,311,471£777,177£10,162,786£3,320,044
Equity £1,311,471£777,177£10,162,786£3,320,044
Average employees 9922
Wages £1,585
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 2025-03-31 vs 2024-03-31

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 2019-12-312020-12-312024-03-312025-03-31
Return on capital employed -1.2%-2.2%
Gearing (liabilities / total assets) 21.0%44.5%
Current ratio 4.76x2.25x

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 §1A
Reporting scope
Standalone (parent only)
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
Forvis Mazars LLP
Audit opinion
Unqualified (clean)
Going concern
Material uncertainty disclosed

“The Company discontinued its operations and sold its business to PSG Germany Gmbh on 31 March 2023 and consequently the directors have planned to liquidate the Company within the next 12 months from the date of signing these financial statements. Hence, the going concern basis is not appropriate and the directors have therefore prepared the financial statements on a basis other than going concern. Our opinion is not modified in respect of this matter.”

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

People

2 active · 11 resigned

Name Role Appointed Born Nationality
AGARWAL, Amit Director 2024-04-29 Sep 1982 American
BUSCHER, Karl Director 2021-06-23 Apr 1965 American
Show 11 resigned officers
Name Role Appointed Resigned
JOSHI, Anay Secretary 2022-01-01 2023-11-20
MARAN, Roger Secretary 2009-09-30 2018-04-03
PRAT, Marine Secretary 2018-04-04 2021-12-31
CORNING JR, Richard Director 2023-02-13 2023-11-13
HAYES-PANKHURST, Richard Paul Director 2009-09-30 2023-10-20
MARAN, Roger Director 2009-09-30 2014-12-11
ROSS, Peter William Director 2009-09-30 2014-11-30
SCHMIT, David Director 2021-06-23 2022-03-31
URQUHART, Edward Ellis Director 2018-03-29 2021-06-23
VAUGHAN, Nigel Leslie Richard Director 2018-03-29 2021-06-23
WOENKER, Christopher Director 2021-06-23 2024-04-29

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Dover Fluids Uk Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2023-03-30 Active
Dover Corporation Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2022-03-31 Ceased 2023-03-30
Dover Fluids Uk Limited Corporate entity Shares 75–100% 2021-06-23 Ceased 2022-03-31
Vernay Laboratories Inc Corporate entity Shares 25–50%, Voting 25–50% 2018-03-29 Ceased 2021-06-23
Mr Paul Pankhurst Individual Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2021-06-23

Filing timeline

Last 20 of 99 total filings

Date Type Category Description
2026-03-19 CS01 confirmation-statement Confirmation statement with updates PDF
2026-03-11 AA accounts Accounts with accounts type full
2025-10-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-05-09 AD01 address Change registered office address company with date old address new address PDF
2024-12-30 AA accounts Accounts with accounts type full
2024-09-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-12 TM01 officers Termination director company with name termination date PDF
2024-07-12 AP01 officers Appoint person director company with name date PDF
2024-05-08 AA accounts Accounts with accounts type full
2024-01-05 RP04TM02 officers Second filing of secretary termination with name
2023-11-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-11-13 TM01 officers Termination director company with name termination date PDF
2023-10-30 TM01 officers Termination director company with name termination date PDF
2023-09-06 PSC05 persons-with-significant-control Change to a person with significant control
2023-08-09 TM02 officers Termination secretary company with name termination date
2023-05-12 PSC02 persons-with-significant-control Notification of a person with significant control
2023-04-21 PSC07 persons-with-significant-control Cessation of a person with significant control
2023-03-14 AA01 accounts Change account reference date company current extended PDF
2023-03-03 SH10 capital Capital variation of rights attached to shares
2023-03-03 SH08 capital Capital name of class of shares

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