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Cash

£540k

+3,767.3% vs 2024

Net assets

-£4.6m

+23.2% vs 2024

Employees

196

+1.6% vs 2024

Profit before tax

£955k

+74.5% highest in 6 filed years

Watchouts

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

Accounts

6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31 Δ vs prior
Turnover £4,471,448£6,713,001£11,998,844£13,852,371£12,790,236£14,401,642 +12.6%
Operating profit -£1,848,433-£690,599-£3,255,120-£1,097,932£932,379£1,200,950 +28.8%
Profit before tax -£1,978,104-£814,406-£3,526,656-£1,540,758£547,215£955,117 +74.5%
Net profit -£1,656,972-£1,525,045-£3,526,656-£1,768,104£1,005,576£1,392,436 +38.5%
Cash £3,798,170£1,181£1,233£8,367£13,962£539,954 +3,767.3%
Total assets less current liabilities £7,906,276£5,366,819£2,423,771-£99,054£427,189£362,783 -15.1%
Net assets £661,734-£863,315-£4,389,971-£6,995,617-£5,990,041-£4,597,605 +23.2%
Equity £661,734-£863,315-£4,389,971-£4,597,605
Average employees 130164223231193196 +1.6%
Wages £2,937,638£3,230,899£5,545,216£5,202,024£4,298,361£4,723,972 +9.9%
Directors' remuneration £310,470£358,870£305,087£98,167£81,800£96,250 +17.7%

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 2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating margin -41.3%-10.3%-27.1%-7.9%7.3%8.3%
Net margin -37.1%-22.7%-29.4%-12.8%7.9%9.7%
Return on capital employed -23.4%-12.9%-134.3%218.3%331.0%
Gearing (liabilities / total assets) 93.6%109.7%149.2%213.3%209.7%167.6%
Current ratio 0.32x0.35x0.50x
Interest cover -13.60x-5.58x-11.92x-2.48x2.42x4.86x

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
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Stein Richards
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate cash resources to cover the company's requirements for working capital expenditure for at least the next twelve months from the date of approval of these accounts. The company therefore continues to adopt the going concern basis in preparing its financial statements.”

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

People

3 active · 15 resigned

Name Role Appointed Born Nationality
HIRST, Barry Anthony Director 2013-05-01 Dec 1968 British
WEST, Alexander Rupert Director 2019-02-13 Jun 1981 British
WISHART, Ankur Director 2014-09-23 Dec 1982 British
Show 15 resigned officers
Name Role Appointed Resigned
LOADER, Adrian Secretary 2013-05-01 2020-07-07
BAMFORD, Patrick Charles Director 2014-09-23 2016-04-05
BERNARDI, Marcello Director 2014-09-23 2017-05-31
CARDOSO, Diego Alejandro Director 2015-02-01 2017-10-10
CLEGG, Richard Henry Morris Director 2014-09-23 2023-01-31
EVANS, Nicola Director 2015-01-01 2017-03-21
LEVY, Marc-Andrea Director 2017-03-17 2020-06-30
LOADER, Adrian John Director 2016-04-12 2020-07-07
MURRAY, Thomas Brett Director 2019-10-01 2020-06-30
PRESCOTT, Peter Nigel Paul Director 2018-04-09 2019-07-25
SILVERSTONE, Natalie Director 2015-05-13 2020-06-30
SMITH, Saskia Loveday Director 2015-01-01 2019-10-31
THOMAS, Justin Alan Charles Director 2023-05-19 2023-05-23
THOMAS, Justin Alan Charles Director 2014-09-23 2023-05-19
TURNBULL, Stefan Richard Director 2013-05-01 2016-03-18

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Ankur Wishart Individual Shares 25–50% 2023-02-14 Active
Pershing Nominees Limited A/C Qkclt Corporate entity Shares 25–50% 2022-01-25 Active
Reyker Securities Plc Corporate entity Shares 50–75% 2019-02-13 Ceased 2022-01-25
Puma Vct 13 Plc Corporate entity Shares 25–50% 2019-02-13 Active
Mr Barry Anthony Hirst Individual Voting 25–50% 2016-04-06 Active

Filing timeline

Last 20 of 111 total filings

Date Type Category Description
2026-08-19 AA accounts Accounts with accounts type full
2026-03-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-08-27 AA accounts Accounts with accounts type full
2025-03-03 CS01 confirmation-statement Confirmation statement with updates PDF
2025-03-03 PSC05 persons-with-significant-control Change to a person with significant control PDF
2024-12-16 AA accounts Accounts with accounts type full
2024-07-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-03-06 MR04 mortgage Mortgage satisfy charge full PDF
2023-10-06 AA accounts Accounts with accounts type full PDF
2023-07-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-07-17 CH01 officers Change person director company with change date PDF
2023-07-17 PSC04 persons-with-significant-control Change to a person with significant control PDF
2023-05-24 TM01 officers Termination director company with name termination date PDF
2023-05-19 AP01 officers Appoint person director company with name date PDF
2023-05-19 TM01 officers Termination director company with name termination date PDF
2023-04-24 PSC04 persons-with-significant-control Change to a person with significant control PDF
2023-04-19 CH01 officers Change person director company with change date PDF
2023-04-19 CH01 officers Change person director company with change date PDF
2023-04-03 AD01 address Change registered office address company with date old address new address PDF
2023-03-27 AA accounts Accounts with accounts type full PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

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