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Cash

£1.7M

USD 2,271,000

Latest balance sheet

Net assets

£289M

USD 385,723,000

lowest in 4 filed years

Employees

Average over period

Profit before tax

£16M

USD 21,027,000

Period ending 2026-03-31

Accounts

4-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric Trend 2024-09-302025-03-312025-09-302026-03-31 Δ vs prior
Turnover £17,435,245£18,091,780
Operating profit £10,721,665£1,158,856£45,488,846£15,795,029
Profit before tax £29,044,019£1,139,392£45,442,432£15,741,129
Net profit £28,972,900£688,726£44,068,723£15,417,727
Cash £1,709,837£1,191,047£557,718£1,700,105
Total assets less current liabilities £304,133,852£296,241,204£334,449,019£288,772,271
Net assets £304,119,629£296,226,980£334,434,796£288,758,048
Equity £304,119,629£296,226,980£334,434,796£288,758,048
Average employees 00
Wages
Directors' remuneration £76,359£192,394£98,069

Figures converted to GBP from USD at 0.749 per USD (Frankfurter spot rate) — hover any figure for the original. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . Year-on-year comparison hidden: this filing covers about 6 months versus 12 months prior. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-09-302025-03-312025-09-302026-03-31
Operating margin 61.5%
Net margin 166.2%
Return on capital employed 3.5%0.4%13.6%5.5%
Gearing (liabilities / total assets) 4.0%3.5%4.2%3.6%
Current ratio 0.65x0.69x0.62x1.86x
Interest cover 59.54x

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Standalone (parent only)
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors, having considered the nature and liquidity of the portfolio, the Company's investment objective and the Company's projected income and expenditure, are satisfied that the Company has adequate resources to continue in operational existence for the period to 31 May 2027, being a period of at least twelve months from the date of approval of the financial statements, and therefore consider the going concern assumption to be appropriate.”

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

People

6 active · 9 resigned

Name Role Appointed Born Nationality
BLACKROCK INVESTMENT MANAGEMENT (UK) LIMITED Corporate Secretary 2010-11-23
AIREY, Elisabeth Patricia Director 2021-12-10 Jan 1959 British
CASEY, Christopher Michael Director 2025-10-01 Mar 1955 British
DOWIDAR, Hatem Mohamed Galal Director 2024-02-07 Dec 1969 Egyptian
HART, Katrina Harriet Director 2019-10-01 Jun 1974 British
TAYLOR-SMITH, Lucy Director 2021-12-10 Oct 1974 British
Show 9 resigned officers
Name Role Appointed Resigned
REED, John Secretary 2010-10-15 2010-11-23
HEATHER, Nicholas Director 2010-10-15 2010-11-23
MURRAY, John Hyde Director 2011-07-12 2020-02-04
PITTS-TUCKER, Nicholas Andrew Director 2010-11-23 2021-02-02
REED, John Charles Director 2010-10-15 2010-11-23
RUDDICK, Lynn Christine Director 2010-11-23 2016-11-22
TWISTON-DAVIES, Audley William Director 2010-11-23 2024-02-06
WHITE, Stephen Frank Director 2016-07-13 2026-01-23
ZOK, Sarmad Director 2011-02-08 2024-02-06

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 247 total filings

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

  • 2026-03-06 RESOLUTIONS Resolution
  • 2025-02-19 RESOLUTIONS Resolution
Date Type Category Description
2026-07-01 SH04 capital Capital sale or transfer treasury shares with date currency capital figure
2026-07-01 SH04 capital Capital sale or transfer treasury shares with date currency capital figure
2026-07-01 SH04 capital Capital sale or transfer treasury shares with date currency capital figure
2026-07-01 SH04 capital Capital sale or transfer treasury shares with date currency capital figure
2026-07-01 SH04 capital Capital sale or transfer treasury shares with date currency capital figure
2026-06-18 AA accounts Accounts with accounts type interim
2026-06-06 SH04 capital Capital sale or transfer treasury shares with date currency capital figure
2026-06-06 SH04 capital Capital sale or transfer treasury shares with date currency capital figure
2026-05-11 SH03 capital Capital return purchase own shares treasury capital date
2026-03-06 RESOLUTIONS resolution Resolution
2026-03-03 AA accounts Accounts with accounts type full
2026-02-25 TM01 officers Termination director company with name termination date PDF
2025-10-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-17 AP01 officers Appoint person director company with name date PDF
2025-05-16 SH03 capital Capital return purchase own shares treasury capital date
2025-05-16 SH03 capital Capital return purchase own shares treasury capital date
2025-03-26 AA accounts Accounts with accounts type full
2025-02-19 RESOLUTIONS resolution Resolution
2024-10-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-03 AA accounts Accounts with accounts type interim

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
14

last 12 months

Capital events
10

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page