MAKOR PARTNERS LIMITED
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Next accounts due
2025-09-29
Overdue
Confirmation statement due
2026-11-19 (in 6mo)
Last made up 2025-11-05
Watchouts
Cash
£15M
USD 20,606,740
+39% highest in 3 filed years
Net assets
£16M
USD 21,127,721
-0.9% lowest in 3 filed years
Employees
113
-29.8% vs 2022
Profit before tax
£164K
USD 218,899
+101.9% vs 2022
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2025-09-29.
-
Audit opinion: Disclaimer of opinion
Latest auditor's report carried a non-clean opinion.
Net assets
5-year trend · vs Financials median
Accounts
5-year trend · latest reflected 2023-12-31
| Metric | Trend | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £60,117,466 | £58,456,106 | |
| Operating profit | — | — | — | -£9,373,337 | -£662,227 | |
| Profit before tax | — | — | — | -£8,838,656 | £163,638 | |
| Net profit | — | £7,629,489 | — | -£8,638,789 | -£204,630 | |
| Cash | — | £45,645 | — | £11,084,137 | £15,404,605 | |
| Total assets less current liabilities | — | £21,141,299 | — | £15,944,574 | £15,794,065 | |
| Net assets | — | £21,141,299 | — | £15,944,574 | £15,794,065 | |
| Equity | £15,416,810 | £21,141,299 | £21,141,299 | £15,944,574 | £15,794,065 | |
| Average employees | — | 2 | — | 161 | 113 | |
| Wages | — | — | — | £14,492,982 | £13,818,710 | |
| Directors' remuneration | — | — | — | £110,611 | £111,837 |
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
FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31
-
Turnover
-2.8%
£60,117,466 £58,456,106
-
Cash
+39%
£11,084,137 £15,404,605
highest in 3 filed years
-
Net assets
-0.9%
£15,944,574 £15,794,065
lowest in 3 filed years
-
Employees
-29.8%
161 113
-
Operating profit
+92.9%
-£9,373,337 -£662,227
-
Profit before tax
+101.9%
-£8,838,656 £163,638
-
Wages
-4.7%
£14,492,982 £13,818,710
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 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | -15.6% | -1.1% | |
| Net margin | — | — | — | -14.4% | -0.4% | |
| Return on capital employed | — | — | — | -58.8% | -4.2% | |
| Gearing (liabilities / total assets) | — | — | — | 42.7% | 68.3% | |
| Current ratio | — | — | — | 2.31x | 1.45x | |
| Interest cover | — | — | — | -56.46x | -38.96x |
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
- MAKOR PARTNERS LIMITED 2010-09-22 → present
- NESS PARTNERS LIMITED 2010-06-07 → 2010-09-22
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- BKL Audit LLP
- Audit opinion
- Disclaimer of opinion
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis which assumes that the Group and company will continue to trade for the foreseeable future, being a period of at least twelve months from the date of approval of these financial statements, and will be able to meet its debts as they fall due.”
Group structure
- MAKOR PARTNERS LIMITED · parent
- Makor Securities London Ltd 100%
- Oscar Gruss & Son Inc 100%
- Enigma Securities Ltd 100%
- Makor Securities Paris SAS 100%
- Enigma Markets Inc 100%
- Enigma Securities Inc 100%
- Enigma Labs SASU 100%
- Enigma Securities R&D Ltd 100%
Significant events
- “The financial performance in 2023 remained challenging, but showed significant improvement, nearing breakeven compared to a substantial loss in the previous year. Turnover has experienced a slight decline of 2% year on year, while Gross Profit saw little movement compared to the previous year.”
- “As at 31 December 2023, the Group has an ongoing enquiry with the French Tax Authority.”
- “As at 31 December 2023 a subsidiary Company has been named as defendant in one matter.”
- “The same Company has agreed to enter into a settlement with a Panel of the Chicago Mercantile Exchange ("CME") Business Conduct Committee Panel ("Panel") for the amount of $30,000.”
- “During 2023, the same Company agreed to enter into a settlement with a Panel of the National Futures Association ("NFA") Business Conduct Committee Panel ("Panel") for the amount of $140,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOUHADANA, Avi | Director | 2010-06-07 | Dec 1967 | Canadian |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WOLPERT, Efraim | Director | 2015-04-01 | 2023-11-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Avi Bouhadana | Individual | Shares 25–50%, Voting 25–50% | 2022-09-28 | Active |
| Mr Michael Elie Halimi | Individual | Shares 25–50%, Voting 25–50% | 2022-09-28 | Active |
| Makor Holdings Pte Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2022-09-28 |
| Mr Avi Bouhadana | Individual | Shares 25–50% | 2016-04-06 | Ceased 2016-04-06 |
| Mr Michael Elie Halimi | Individual | Shares 25–50% | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 73 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-10-05 RESOLUTIONS Resolution
- 2022-06-27 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-28 | AA | accounts | Accounts with accounts type group | |
| 2025-06-07 | DISS40 | gazette | Gazette filings brought up to date | |
| 2025-05-20 | GAZ1 | gazette | Gazette notice compulsory | |
| 2025-01-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-22 | AA01 | accounts | Change account reference date company previous shortened | |
| 2024-01-17 | AA | accounts | Accounts with accounts type group | |
| 2023-11-15 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-05 | RESOLUTIONS | resolution | Resolution | |
| 2023-09-28 | SH01 | capital | Capital allotment shares | |
| 2023-09-27 | AA01 | accounts | Change account reference date company previous shortened | |
| 2022-11-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-11-01 | AA | accounts | Accounts with accounts type group | |
| 2022-09-29 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2022-09-29 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2022-09-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-09-28 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-09-28 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-06-27 | RESOLUTIONS | resolution | Resolution |
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.