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Next accounts due

2027-09-30 (in 1y)

Last filed for 2025-12-31

Confirmation statement due

2026-08-23 (in 3mo)

Last made up 2025-08-09

Watchouts

1 item

Cash

£20M

+25.3% highest in 4 filed years

Net assets

£40M

+36.7% vs 2024

Employees

70

+133.3% highest in 3 filed years

Profit before tax

£6M

-57.1% first positive since 2022

Watchouts

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

Accounts

4-year trend · latest reflected 2025-12-31

Metric Trend 2022-12-312023-12-312024-12-312025-12-31
Turnover £367,178£50,675
Operating profit -£4,730,423-£19,766,938
Profit before tax -£4,625,482£452,800£14,127,999£6,056,309
Net profit -£2,472,409£146,830£10,921,433£4,370,514
Cash £6,495,404£7,551,820£15,982,059£20,017,921
Total assets less current liabilities £29,593,238£40,438,561
Net assets £29,579,565£40,438,561
Equity £16,765,709£17,736,646£29,579,565£40,438,561
Average employees 363070
Wages £6,000,423£13,441,163
Directors' remuneration £127,611£331,095£648,923£310,338

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

FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31

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 2022-12-312023-12-312024-12-312025-12-31
Operating margin -1288.3%-39007.3%
Net margin 2974.4%8624.6%
Return on capital employed -16.0%-48.9%
Current ratio 1.17x1.51x
Interest cover -153.71x-353.12x

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
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 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.”

Significant events

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

People

2 active · 12 resigned

Name Role Appointed Born Nationality
HAYDEN, Martin Frederick Director 2026-01-27 Jun 1966 British
PRICE, Andrew John Pendrell Director 2025-10-07 Jul 1988 British
Show 12 resigned officers
Name Role Appointed Resigned
CHUNG, Sui Fung Director 2018-07-02 2023-01-18
DAS, Bivu Director 2024-07-25 2026-02-09
DOLAN, Carrie Louise Director 2023-01-18 2024-11-11
HALLIDAY, Blair Stephen Director 2023-01-18 2023-11-30
JENNINGS, Mark Thomas Director 2023-07-14 2024-11-29
KURTAS, Shannon Director 2024-12-17 2025-10-10
MORGAN, Thomas Alex Director 2024-12-17 2025-10-08
SCHLAEFER, Timo Director 2014-08-12 2021-02-12
TING, Curtis Wei Director 2021-02-12 2023-12-08
VAN DEN AREND, Evelien Andrea Merel Paulien Director 2020-08-20 2021-11-30
WORRALL, Gary Michael, Mr. Director 2019-11-12 2023-01-18
YEATES, Christopher Thomas Director 2023-01-18 2023-05-01

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Crypto Research Ltd Corporate entity Shares 75–100% 2018-07-02 Active
Mr Timo Stefan Schlaefer Individual Appoints directors, right-to-appoint-and-remove-directors-as-firm 2016-07-23 Ceased 2018-07-02

Filing timeline

Last 20 of 87 total filings

Date Type Category Description
2026-04-28 AA accounts Accounts with accounts type full PDF
2026-03-30 MR04 mortgage Mortgage satisfy charge full PDF
2026-03-30 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-03-25 RP01SH01 miscellaneous Legacy PDF
2026-03-14 RP01SH01 miscellaneous Legacy PDF
2026-02-19 AP01 officers Appoint person director company with name date PDF
2026-02-10 TM01 officers Termination director company with name termination date PDF
2026-01-29 CH01 officers Change person director company with change date PDF
2025-10-21 AP01 officers Appoint person director company with name date PDF
2025-10-13 TM01 officers Termination director company with name termination date PDF
2025-10-10 TM01 officers Termination director company with name termination date PDF
2025-09-01 SH01 capital Capital allotment shares
2025-08-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-04-29 AA accounts Accounts with accounts type full PDF
2025-01-22 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-12-19 AP01 officers Appoint person director company with name date PDF
2024-12-19 AP01 officers Appoint person director company with name date PDF
2024-12-11 TM01 officers Termination director company with name termination date PDF
2024-11-27 TM01 officers Termination director company with name termination date PDF
2024-09-30 AA accounts Accounts with accounts type full PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
13

last 12 months

Capital events
1

last 24 months

Officers appointed
2

last 12 months

Officers resigned
3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page