PICTON CAPITAL LIMITED
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Cash
£1.9m
+51.9% highest in 3 filed years
Net assets
£7.1m
+24% highest in 3 filed years
Employees
12
0% vs 2025
Profit before tax
£420k
-3.3% vs 2025
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
3-year trend · vs Real Estate median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £4,416,310 | £4,685,122 | £5,140,272 | +9.7% | |
| Operating profit | £207,433 | £213,044 | £194,241 | -8.8% | |
| Profit before tax | £382,623 | £434,455 | £420,314 | -3.3% | |
| Net profit | £354,842 | £430,765 | £627,529 | +45.7% | |
| Cash | £895,656 | £1,269,222 | £1,927,941 | +51.9% | |
| Total assets less current liabilities | £4,524,004 | £5,705,715 | £8,012,144 | +40.4% | |
| Net assets | £4,524,004 | £5,705,715 | £7,077,048 | +24% | |
| Equity | £4,524,004 | £5,705,715 | £7,077,048 | +24% | |
| Average employees | 11 | 12 | 12 | 0% | |
| Wages | £2,383,549 | £2,414,734 | £2,694,203 | +11.6% | |
| Directors' remuneration | £1,983,196 | £1,836,944 | £1,963,196 | +6.9% | |
| Highest paid director | £585,000 | £1,321,344 | £1,454,088 | +10% |
Values shown as filed in the company's annual accounts. — 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 —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 4.7% | 4.5% | 3.8% | |
| Net margin | 8.0% | 9.2% | 12.2% | |
| Return on capital employed | 4.6% | 3.7% | 2.4% | |
| Gearing (liabilities / total assets) | 22.9% | 21.4% | 29.7% | |
| Current ratio | 4.27x | 4.59x | 4.30x | |
| Interest cover | — | — | 5.03x |
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
- Standalone (parent only)
- Auditor
- KPMG Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the Director’s assessment of the terms of the proposed transaction, it will not impact the ability to continue as a going concern of the Company or PPIL. Accordingly, they continue to adopt a going concern basis in preparing the annual report and accounts.”
Significant events
- “As outlined in Note 1, on 31 July 2026 the Company's ultimate parent undertaking Picton Property Income Limited ('PPIL') recommended to shareholders the all-share offer by LondonMetric Property PLC and Schroder Real Estate Investment Trust Limited made on 31 July 2026 for PPIL.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MONTGOMERY, Nicholas James | Director | 2026-09-10 | Nov 1973 | British |
| WOODLEY, Kathryn | Director | 2026-09-10 | Jan 1989 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DEWHIRST, Andrew David | Secretary | 2011-02-23 | 2023-06-07 |
| THOMPSON, Katharine | Secretary | 2023-06-07 | 2026-09-10 |
| CABLE, Edward Jay Rory | Director | 2012-02-27 | 2026-02-04 |
| D'ARCY, Fraser Ross | Director | 2013-01-21 | 2019-05-13 |
| DEWHIRST, Andrew David | Director | 2011-02-23 | 2024-03-31 |
| JOHNSTON, Saira Jane | Director | 2024-04-01 | 2026-09-10 |
| MORRIS, Michael James | Director | 2011-04-11 | 2026-09-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Picton Property Income Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2016-04-06 |
| Picton Property Income Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 68 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-15 | AA | accounts | Accounts with accounts type full | |
| 2026-09-14 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-09-14 | AP01 | officers | Appoint person director company with name date | |
| 2026-09-14 | AP01 | officers | Appoint person director company with name date | |
| 2026-09-10 | TM01 | officers | Termination director company with name termination date | |
| 2026-09-10 | TM01 | officers | Termination director company with name termination date | |
| 2026-09-10 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-07-11 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-02-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-30 | AA | accounts | Accounts with accounts type full | |
| 2024-04-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-11 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-03-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-09 | AA | accounts | Accounts with accounts type full | |
| 2023-10-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-06-08 | AP03 | officers | Appoint person secretary company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 4
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.