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Cash

£20M

+25.3% highest in 4 filed years

Net assets

£40M

+36.7% highest in 4 filed years

Employees

70

+133.3% highest in 3 filed years

Profit before tax

£6.1M

-57.1% first positive since 2022

Watchouts

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

Accounts

4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2022-12-312023-12-312024-12-312025-12-31 Δ vs prior
Turnover £367,178£50,675 -86.2%
Operating profit -£4,730,423-£19,766,938 -317.9%
Profit before tax -£4,625,482£452,800£14,127,999£6,056,309 -57.1%
Net profit -£2,472,409£146,830£10,921,433£4,370,514 -60%
Cash £6,495,404£7,551,820£15,982,059£20,017,921 +25.3%
Total assets less current liabilities £29,593,238£40,438,561 +36.6%
Net assets £29,579,565£40,438,561 +36.7%
Equity £16,765,709£17,736,646£29,579,565£40,438,561 +36.7%
Average employees 363070 +133.3%
Wages £6,000,423£13,441,163 +124%
Directors' remuneration £127,611£331,095£648,923£310,338 -52.2%

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 2022-12-312023-12-312024-12-312025-12-31
Return on capital employed -16.0%-48.9%
Current ratio 1.17x1.51x

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. 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, Appoints 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