INCIPIO GROUP LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-29
Confirmation statement due
2026-12-27 (in 7mo)
Last made up 2025-12-13
Watchouts
None on the register
Cash
£438K
-61.4% lowest in 3 filed years
Net assets
-£7M
-14% lowest in 3 filed years
Employees
416
+3% highest in 3 filed years
Profit before tax
-£819K
+48% highest in 3 filed years
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · latest reflected 2024-12-29
| Metric | Trend | 2021-12-27 | 2022-12-25 | 2022-12-26 | 2023-12-31 | 2024-12-29 |
|---|---|---|---|---|---|---|
| Turnover | — | £20,652,402 | — | £26,348,904 | £25,288,498 | |
| Operating profit | — | -£442,372 | — | £1,018,501 | £1,397,270 | |
| Profit before tax | — | -£1,679,024 | — | -£1,574,450 | -£818,856 | |
| Net profit | — | -£1,679,024 | — | -£1,574,450 | -£818,856 | |
| Cash | — | £700,469 | — | £1,134,085 | £437,772 | |
| Total assets less current liabilities | — | £217,243 | — | -£4,377,215 | -£5,190,025 | |
| Net assets | — | -£4,283,020 | — | -£5,857,470 | -£6,676,326 | |
| Equity | -£2,603,996 | -£4,283,020 | -£4,283,020 | -£5,857,470 | -£6,676,326 | |
| Average employees | — | 362 | — | 404 | 416 | |
| Wages | — | £7,066,125 | — | £8,671,481 | £8,697,013 | |
| Directors' remuneration | — | £293,333 | — | £360,000 | £340,000 |
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 2024-12-29 vs 2023-12-31
-
Turnover
-4%
£26,348,904 £25,288,498
-
Cash
-61.4%
£1,134,085 £437,772
lowest in 3 filed years
-
Net assets
-14%
-£5,857,470 -£6,676,326
lowest in 3 filed years
-
Employees
+3%
404 416
highest in 3 filed years
-
Operating profit
+37.2%
£1,018,501 £1,397,270
highest in 3 filed years
-
Profit before tax
+48%
-£1,574,450 -£818,856
highest in 3 filed years
-
Wages
+0.3%
£8,671,481 £8,697,013
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 | 2021-12-27 | 2022-12-25 | 2022-12-26 | 2023-12-31 | 2024-12-29 |
|---|---|---|---|---|---|---|
| Operating margin | — | -2.1% | — | 3.9% | 5.5% | |
| Net margin | — | -8.1% | — | -6.0% | -3.2% | |
| Return on capital employed | — | -203.6% | — | -23.3% | -26.9% | |
| Current ratio | — | — | — | 0.23x | 0.16x | |
| Interest cover | — | -1.98x | — | 2.12x | 3.03x |
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.
Name history
Renamed 2 times since incorporation
- INCIPIO GROUP LIMITED 2017-03-20 → present
- INCIPIO EVENTS LTD 2014-01-20 → 2017-03-20
- CHALMERS-GARDINER LIMITED 2013-12-13 → 2014-01-20
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- HaysMac LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In preparing the financial statements the directors have assessed the Company's ability to continue as a going concern. The Company is reliant on the support its parent company, Incipio Group Management Limited. ... The directors of the Company are therefore satisfied that group support is available and will be provided if required. For these reasons the Directors have concluded that the Company is a going concern and the financial statements have been prepared on this basis.”
Significant events
- “2024 saw the closure of Pergola Paddington in January 2024, following the expiry of its shortterm lease with the Company, ending the year with 7 sites fully trading. No new sites were opened during the year, as efforts were concentrated on future opportunities, including the five venues the Company is opening at the redeveloped Olympia scheme in early 2026.”
- “In July 2025 the Company refinanced and drew down on a new £5,500,000 loan with NatWest. The previous bank loans with Metrobank (as disclosed in note 18) were repaid in full. The new bank loan has interest at a margin of 3.5% pa over the relevant reference rate. The loan is for 5 years, with repayment in quarterly installments from July 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DEVENPORT, Edward | Director | 2016-10-05 | Oct 1985 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BECK, Neil Spencer | Director | 2017-02-03 | 2020-09-25 |
| BRAND, Thomas John | Director | 2020-06-15 | 2024-07-01 |
| GARDINER, Charles Robert | Director | 2013-12-13 | 2022-03-22 |
| GARDINER, Charlie | Director | 2013-12-13 | 2013-12-13 |
| GARDINER, Nigel William | Director | 2017-03-17 | 2019-10-30 |
| KNIGHT, Anthony James | Director | 2020-06-15 | 2022-02-10 |
| LOEBENBERG, Paul Bernhard | Director | 2020-12-15 | 2022-02-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Incipio Group Management Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-11-21 | Active |
| Mr Charles Robert Gardiner | Individual | Voting 50–75% | 2016-12-13 | Ceased 2022-03-03 |
Filing timeline
Last 20 of 71 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-11 | RP04PSC02 | persons-with-significant-control | Second filing notification of a person with significant control | |
| 2025-12-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-24 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-10-27 | AA | accounts | Accounts with accounts type full | |
| 2025-10-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-29 | AA | accounts | Accounts with accounts type full | |
| 2023-12-14 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-12-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-05 | CH01 | officers | Change person director company with change date | |
| 2023-10-07 | AA | accounts | Accounts with accounts type full | |
| 2023-09-28 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- 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.