GREENSPAN PROJECTS LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-25 (in 6mo)
Last made up 2025-11-11
Watchouts
None on the register
Cash
£876K
+205.9% vs 2023
Net assets
£2M
-22.3% vs 2023
Employees
29
-21.6% vs 2023
Profit before tax
£225K
+32.2% vs 2023
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-05-31 | 2021-05-31 | 2022-05-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £10,491,149 | £7,265,383 | |
| Operating profit | — | — | — | £177,251 | £231,669 | |
| Profit before tax | — | — | — | £170,604 | £225,483 | |
| Net profit | — | — | — | £226,718 | £235,774 | |
| Cash | £1,262,479 | £1,520,972 | £1,384,703 | £286,201 | £875,529 | |
| Total assets less current liabilities | £1,005,450 | £1,271,534 | £2,688,061 | £3,000,978 | £2,312,835 | |
| Net assets | £949,987 | £1,233,336 | £2,588,804 | £2,857,021 | £2,219,114 | |
| Equity | £949,987 | £1,233,336 | £2,588,804 | £2,857,021 | £2,219,114 | |
| Average employees | 24 | 24 | 29 | 37 | 29 | |
| Wages | — | — | — | £1,598,646 | £1,471,227 | |
| Directors' remuneration | — | — | — | £54,576 | £54,576 |
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-30.7%
£10,491,149 £7,265,383
-
Cash
+205.9%
£286,201 £875,529
-
Net assets
-22.3%
£2,857,021 £2,219,114
-
Employees
-21.6%
37 29
-
Operating profit
+30.7%
£177,251 £231,669
-
Profit before tax
+32.2%
£170,604 £225,483
-
Wages
-8%
£1,598,646 £1,471,227
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 | 2020-05-31 | 2021-05-31 | 2022-05-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 1.7% | 3.2% | |
| Net margin | — | — | — | 2.2% | 3.2% | |
| Return on capital employed | — | — | — | 5.9% | 10.0% | |
| Gearing (liabilities / total assets) | — | — | — | 28.4% | 55.4% | |
| Current ratio | — | — | — | 3.59x | 1.53x | |
| Interest cover | — | — | — | 13.20x | 22.91x |
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
- Clifford Fry & Co LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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.”
Group structure
- GREENSPAN PROJECTS LTD · parent
- Greenspan Projects US Inc 100%
- Greenspan Projects OH LLC 100%
- Greenspan Projects TX LLC 100%
- Greenspan Projects PA LLC 100%
- Greenspan Projects NY LLC 100%
- Greenspan Projects IL LLC 100%
- Greenspan Projects FL LLC 100%
- Greenspan Project EU Ltd 100%
- Greenspan SWD Limited 100%
Significant events
- “Our first turnkey project in the Middle East”
- “Our first new build cruise ship play project”
- “Our first of two projects in Scandinavia”
- “The rollout of the first three Puttify courses across the US and Europe.”
- “Greenspan Projects Ltd created a new maintenance division, focussing on existing, and now new clients, the new division has proven a great success in its first year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MORTON, Guy | Director | 2013-11-11 | Oct 1976 | British |
| MORTON, Patricia | Director | 2013-11-11 | Oct 1984 | British |
| MORTON, Peter Gordon | Director | 2013-11-11 | Aug 1951 | British |
| MORTON, Roderick | Director | 2013-11-11 | Jan 1988 | British |
| MORTON, Sophie Louise | Director | 2014-01-31 | Feb 1989 | British |
| MORTON, Vivienne Mary | Director | 2013-11-11 | Jul 1955 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KAHAN, Barbara | Director | 2013-11-11 | 2013-11-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Greenspan Uk Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2020-05-28 | Active |
| Mr Peter Gordon Morton | Individual | Significant influence | 2016-04-06 | Active |
| Mr Guy Morton | Individual | Significant influence | 2016-04-06 | Active |
| Mr Roderick Morton | Individual | Significant influence | 2016-04-06 | Active |
| Mrs Vivienne Mary Morton | Individual | Significant influence | 2016-04-06 | Active |
| Sophie Louise Morton | Individual | Significant influence | 2016-04-06 | Active |
| Patricia Morton | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 56 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-16 | AA | accounts | Accounts with accounts type full | |
| 2024-11-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-16 | AA | accounts | Accounts with accounts type full | |
| 2023-11-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-13 | AA | accounts | Accounts with accounts type full | |
| 2023-02-24 | AA | accounts | Accounts with accounts type unaudited abridged | |
| 2023-01-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-12-07 | AA01 | accounts | Change account reference date company current shortened | |
| 2022-11-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-11-30 | AA | accounts | Accounts with accounts type unaudited abridged | |
| 2021-11-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-11-10 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2021-11-10 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2021-11-10 | CH01 | officers | Change person director company with change date | |
| 2021-11-10 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2021-11-10 | CH01 | officers | Change person director company with change date | |
| 2021-11-10 | CH01 | officers | Change person director company with change date | |
| 2021-11-10 | CH01 | officers | Change person director company with change date | |
| 2021-11-10 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.