CRYPTO RESEARCH LTD
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Cash
£28m
+43.7% highest in 3 filed years
Net assets
£64m
+35.8% highest in 3 filed years
Employees
85
+93.2% highest in 3 filed years
Profit before tax
£13m
-17.7% first positive since 2023
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £5,291,987 | £8,307,732 | £14,567,085 | +75.3% | |
| Operating profit | -£8,244,337 | -£3,330,694 | -£13,777,687 | -313.7% | |
| Profit before tax | -£1,077,268 | £15,784,630 | £12,990,988 | -17.7% | |
| Net profit | -£1,129,547 | £12,092,746 | £9,691,806 | -19.9% | |
| Cash | £7,798,399 | £19,165,629 | £27,532,592 | +43.7% | |
| Total assets less current liabilities | £33,391,010 | £46,969,854 | £63,766,131 | +35.8% | |
| Net assets | £33,391,010 | £46,960,175 | £63,766,131 | +35.8% | |
| Equity | £33,391,010 | £46,960,175 | £63,766,131 | +35.8% | |
| Average employees | 52 | 44 | 85 | +93.2% | |
| Wages | £7,300,086 | £7,550,526 | £14,625,022 | +93.7% | |
| Directors' remuneration | £882,711 | £1,396,294 | £1,137,270 | -18.6% | |
| Directors' pension contributions | £36,289 | £83,082 | £65,054 | -21.7% | |
| Highest paid director | £324,168 | £397,030 | £438,231 | +10.4% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -155.8% | -40.1% | -94.6% | |
| Net margin | -21.3% | 145.6% | 66.5% | |
| Return on capital employed | -24.7% | -7.1% | -21.6% | |
| Gearing (liabilities / total assets) | 71.5% | 78.3% | 55.4% | |
| Current ratio | 1.40x | 1.28x | 1.80x |
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
- Consolidated group
- Auditor
- Gravita Audit II Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 group's and parent 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
- CRYPTO RESEARCH LTD · parent
- Crypto Facilities Ltd 100%
- CF Benchmarks Ltd 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAS, Bivu | Director | 2023-11-30 | Mar 1984 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HALLIDAY, Blair Stephen | Director | 2023-06-14 | 2023-11-30 |
| LARUELLE, Jean-Christophe | Director | 2014-06-09 | 2014-10-05 |
| SCHLAEFER, Timo Stefan | Director | 2014-10-05 | 2021-08-05 |
| TING, Curtis Wei | Director | 2021-08-05 | 2023-12-08 |
| WORRALL, Gary Michael, Mr. | Director | 2021-08-05 | 2023-06-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Timo Stefan Schlaefer | Individual | Shares 25–50% | 2017-02-27 | Ceased 2018-12-28 |
Filing timeline
Last 20 of 76 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-09-02 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-09 | AA | accounts | Accounts with accounts type group | |
| 2026-03-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-02-23 | RP01SH01 | miscellaneous | Legacy | |
| 2025-09-02 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-01 | SH01 | capital | Capital allotment shares | |
| 2025-08-15 | AA | accounts | Accounts with accounts type group | |
| 2025-04-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-24 | AA | accounts | Accounts with accounts type group | |
| 2024-05-15 | AA | accounts | Accounts with accounts type group | |
| 2024-03-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-18 | CH01 | officers | Change person director company with change date | |
| 2023-06-30 | CH01 | officers | Change person director company with change date | |
| 2023-06-21 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-21 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-02 | AD02 | address | Change sail address company with old address new address | |
| 2023-04-26 | AA | accounts | Accounts with accounts type group | |
| 2023-04-11 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 1
- 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.