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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2027-05-25 (in 1y)

Last made up 2026-05-11

Watchouts

None on the register

Cash

£202K

+1,790.2% vs 2024

Net assets

£12M

+13.7% highest in 3 filed years

Employees

1

Average over period

Profit before tax

£2M

+467.1% highest in 3 filed years

Accounts

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

Metric Trend 2021-03-312022-03-312023-03-312024-03-312025-03-31
Turnover £1,179,713£1,196,165
Operating profit £823,267£2,152,479
Profit before tax -£192,373£314,802£1,785,095
Net profit -£235,774£144,642£1,446,076
Cash £230,297£10,664£201,572
Total assets less current liabilities £20,071,405£20,721,436£25,548,911
Net assets £10,425,886£10,570,528£12,016,604
Equity £10,425,886£10,570,528£12,016,604
Average employees 1
Wages
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 2021-03-312022-03-312023-03-312024-03-312025-03-31
Operating margin 69.8%179.9%
Net margin 12.3%120.9%
Return on capital employed 4.0%8.4%
Gearing (liabilities / total assets) 52.3%55.8%
Current ratio 0.97x6.74x
Interest cover 1.62x3.07x

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 2 times since incorporation

  1. GELSTAR LIMITED 2022-05-10 → present
  2. GELSTAR ENVIRONMENTAL MANAGEMENT LIMITED 2013-04-08 → 2022-05-10
  3. GELSTAR LIMITED 2010-10-14 → 2013-04-08

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
KLSA LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

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

People

2 active · 1 resigned

Name Role Appointed Born Nationality
ALI, Anwar Director 2024-04-24 Jan 1975 British
ERTOSUN, Engin Director 2010-10-25 Oct 1976 British
Show 1 resigned officer
Name Role Appointed Resigned
HOLDER, Michael Director 2010-10-14 2010-10-25

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr. Engin Ertosun Individual Significant influence 2020-04-04 Active
Mr Osman Ertosun Individual Significant influence 2020-04-04 Active
Mrs. Zarif Ertosun Individual Significant influence 2020-04-03 Ceased 2020-04-04
Mr. Rusen Ertosun Individual Significant influence 2016-06-30 Ceased 2020-04-03

Filing timeline

Last 20 of 53 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2024-07-03 RESOLUTIONS Resolution
  • 2024-07-03 MA Memorandum articles
  • 2022-05-10 CERTNM Certificate change of name company PDF
Date Type Category Description
2026-05-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-12-17 AA accounts Accounts with accounts type full PDF
2025-05-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-12-18 AA accounts Accounts with accounts type full PDF
2024-07-03 RESOLUTIONS resolution Resolution
2024-07-03 MA incorporation Memorandum articles
2024-07-03 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-07-03 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-07-03 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-05-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-04-25 AP01 officers Appoint person director company with name date PDF
2023-12-21 AA accounts Accounts with accounts type full PDF
2023-05-11 CS01 confirmation-statement Confirmation statement with updates PDF
2022-12-22 AA accounts Accounts with accounts type small
2022-10-20 CS01 confirmation-statement Confirmation statement with updates PDF
2022-05-10 CERTNM change-of-name Certificate change of name company PDF
2021-12-30 AA accounts Accounts with accounts type small
2021-10-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-12-22 AA accounts Accounts with accounts type small
2020-10-14 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

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