CHALLENGER SOLUTIONS HOLDINGS LIMITED

• ⚠

  Confirmation statement overdue

  Due 2026-05-09.

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

• Turnover

  -25.4%

  £10,478,855 → £7,812,800

• Cash

  -45.9%

  £167,471 → £90,630

• Net assets

  -17.1%

  £1,908,419 → £1,583,008

  lowest in 3 filed years

• Employees

  -4.6%

  87 → 83

• Operating profit

  +29.5%

  -£485,594 → -£342,457

• Profit before tax

  +29.7%

  -£533,279 → -£374,932

• Wages

  -3.8%

  £2,689,337 → £2,585,876

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Rickard Luckin Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. It is noted that the Group balance sheet shows a negative reserves position which has arisen due to the adjustment required to pre-acquisition reserves. The individual balance sheet position for this company and the main trading company in the group both show positive reserves and therefore this is not considered to revoke the going concern conclusion drawn. The directors have considered a period in excess of 12 months from the date of signing these financial statements when making this assessment. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. CHALLENGER SOLUTIONS HOLDINGS LIMITED · parent
   1. Challenger Solutions Limited 100% · United Kingdom · manufacturer of electronic circit boards
   2. Challenger Solutions Eco Limited 100% · United Kingdom · research and development
   3. Challenger Solutions Aerospace and Defence Limited 100% · United Kingdom
   4. CSI Witham Limited 100% · United Kingdom

Significant events

• “The ongoing sales drive to gain new customers attracted by its accreditations of quality saw the sales order book increase to £4.2m by 31 March 2025. This strategy together with the continuing business activity from the existing customer base has allowed the company to withstand the effects of the failure of a major customer in September 2024. The net cost to Challenger in the year under review is £198,020.”
• “The company continues to invest in its manufacturing capability and during the financial year purchased new machinery costing £500,000 in addition to improving its IT functionality.”
• “The financial statements for the group report these effects with turnover decreasing by £2.7m or 25%.”

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

Filings

3

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.