BUSINESS 3.0 LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-11 (in 7mo)
Last made up 2025-11-27
Watchouts
None on the register
Cash
£4M
+288.7% highest in 6 filed years
Net assets
-£655K
-128.9% lowest in 6 filed years
Employees
62
+3.3% highest in 5 filed years
Profit before tax
-£3M
-45.3% lowest in 3 filed years
Net assets
6-year trend · vs Technology median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | £4,072,295 | — | — | £8,659,453 | £9,626,595 | |
| Operating profit | — | £25,431 | — | — | -£2,212,891 | -£3,257,169 | |
| Profit before tax | — | £26,774 | — | — | -£2,211,862 | -£3,214,615 | |
| Net profit | — | -£227,435 | — | — | -£1,601,589 | -£2,919,236 | |
| Cash | £1,549,878 | £2,271,539 | £2,337,423 | £2,174,030 | £1,054,852 | £4,100,474 | |
| Total assets less current liabilities | £2,426,997 | £2,207,619 | £2,805,392 | £3,878,068 | £8,653,562 | £8,125,827 | |
| Net assets | £2,417,613 | £2,201,445 | £2,798,169 | £3,864,602 | £2,263,907 | -£655,329 | |
| Equity | £2,417,613 | £2,201,445 | £2,798,169 | £3,864,602 | £2,263,907 | -£655,329 | |
| Average employees | — | 34 | 39 | 51 | 60 | 62 | |
| Wages | — | — | — | — | £7,657,435 | £8,508,505 | |
| Directors' remuneration | — | — | — | — | £0 | £0 |
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 2024-12-31 vs 2023-12-31
-
Turnover
+11.2%
£8,659,453 £9,626,595
highest in 3 filed years
-
Cash
+288.7%
£1,054,852 £4,100,474
highest in 6 filed years
-
Net assets
-128.9%
£2,263,907 -£655,329
lowest in 6 filed years
-
Employees
+3.3%
60 62
highest in 5 filed years
-
Operating profit
-47.2%
-£2,212,891 -£3,257,169
lowest in 3 filed years
-
Profit before tax
-45.3%
-£2,211,862 -£3,214,615
lowest in 3 filed years
-
Wages
+11.1%
£7,657,435 £8,508,505
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 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | 0.6% | — | — | -25.6% | -33.8% | |
| Net margin | — | -5.6% | — | — | -18.5% | -30.3% | |
| Return on capital employed | — | 1.2% | — | — | -25.6% | -40.1% | |
| Current ratio | — | — | — | — | 8.95x | 5.90x | |
| Interest cover | — | 34.69x | — | — | -107.60x | -126.11x |
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
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. In light of the company's financial position, including its net liabilities of £(655,329) (2023: net assets of £2,263,907), it is dependent on continuing finance being made available by its ultimate parent company Heidrick & Struggles International, Inc., to enable it to continue operating and to meet its liabilities as they fall due. The ultimate parent company has agreed to provide sufficient funds to the company for these purposes. The directors believe that it is therefore appropriate to prepare the financial statements on a going concern basis.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROUGHTON SECRETARIES LIMITED | Corporate Secretary | 2024-07-01 | — | — |
| HEATON, Tracey Lynne | Director | 2023-04-01 | Sep 1969 | American |
| LEFEVRE, Diana Chakkalakal | Director | 2025-05-02 | Sep 1981 | American |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PRATT, Iain | Secretary | 2022-01-25 | 2023-04-01 |
| BONDI, Stephen Anthony | Director | 2023-04-01 | 2025-05-02 |
| SHEIKH, Atif Gul | Director | 2014-11-27 | 2023-04-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Heidrick & Struggles (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-04-01 | Active |
| Mr Atif Gul Sheikh | Individual | Shares 50–75%, Voting 50–75% | 2016-04-06 | Ceased 2023-04-01 |
| Ms Kate Thompson | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2016-10-04 |
Filing timeline
Last 20 of 65 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-04-15 RESOLUTIONS Resolution
- 2023-04-15 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-13 | CH01 | officers | Change person director company with change date | |
| 2025-10-04 | AA | accounts | Accounts with accounts type full | |
| 2025-05-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-19 | AA | accounts | Accounts with accounts type full | |
| 2024-12-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-11 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-07-05 | AD03 | address | Move registers to sail company with new address | |
| 2024-07-04 | AD02 | address | Change sail address company with new address | |
| 2024-07-04 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2024-07-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-01-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-08-03 | SH01 | capital | Capital allotment shares | |
| 2023-06-28 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-06-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-04-15 | RESOLUTIONS | resolution | Resolution | |
| 2023-04-15 | MA | incorporation | Memorandum articles | |
| 2023-04-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-04-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.