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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-08-11 (in 3mo)

Last made up 2025-07-28

Watchouts

1 item

Cash

£4M

+11.8% vs 2023

Net assets

£2M

-90.3% lowest in 4 filed years

Employees

1,837

-13% vs 2023

Profit before tax

-£21M

+37.4% vs 2023

Watchouts

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

Accounts

5-year trend · latest reflected 2024-12-31

Metric Trend 2020-12-312021-12-312022-12-312023-12-312024-12-31
Turnover £46,041,922£87,947,750£105,362,598£99,097,191
Operating profit -£33,762,712-£21,211,245
Profit before tax -£3,054,689-£15,170,113-£33,719,756-£21,118,788
Net profit -£2,662,815-£14,973,107-£33,991,118-£21,436,206
Cash £2,124,156£6,575,971£3,533,876£3,950,762
Total assets less current liabilities £32,708,390£53,143,283£27,730,285£6,921,944
Net assets £32,492,390£52,519,283£23,741,433£2,305,227
Equity £15,155,205£32,492,390£52,519,283£23,741,433£2,305,227
Average employees 1,0332,2182,1111,837
Wages £15,554,982£29,154,765£33,333,264£35,142,103
Directors' remuneration £222,591£233,365£231,462£187,819

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

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 2020-12-312021-12-312022-12-312023-12-312024-12-31
Operating margin -32.0%-21.4%
Net margin -5.8%-17.0%-32.3%-21.6%
Return on capital employed -121.8%-306.4%
Gearing (liabilities / total assets) 61.7%95.2%
Current ratio 0.42x0.30x
Interest cover -4652.43x-857.54x

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
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The accompanying financial statements have been prepared on a going concern basis, which assumes the company will continue in operation for the foreseeable future.”

Significant events

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

People

6 active · 13 resigned

Name Role Appointed Born Nationality
ALPERI SUAREZ, Lucas Director 2026-03-05 Mar 1986 Spanish
DHALIWAL, Gurprit Director 2016-07-29 Dec 1982 British
DHILLON, Jaipal Singh Director 2016-07-29 Sep 1990 British
KANDOLA, Surinder Singh Director 2016-07-29 Mar 1965 British
MABY, Alex Director 2024-07-29 Jan 1974 British
MALACARNE ROSSI, Renato Director 2025-12-30 Jan 1979 Italian
Show 13 resigned officers
Name Role Appointed Resigned
BRIGLEB, Christopher Director 2024-08-21 2025-12-30
DI SILVIO, Andrea Director 2021-04-30 2024-08-21
HYDES, Kevin John Director 2018-02-02 2024-07-29
KANDOLA, Jatinder Director 2016-07-29 2018-02-02
LLOBELL, Jose Luis Director 2024-08-21 2025-12-30
MACEDO, Alexandre Grein De Director 2018-02-02 2020-04-03
MASSON DE SOUZA E SILVA, Adriana Director 2025-12-30 2026-03-05
MAYER, Elena Director 2020-04-03 2022-05-06
MUNIZ, Lucas Lopes, Mr. Director 2016-12-21 2020-04-03
PAGANO, Antonio John Director 2016-07-29 2016-12-21
SANTELMO, Thiago Temer Director 2022-05-06 2024-08-21
SESE, Elias Diaz Director 2016-07-29 2018-02-02
SHEAR, David Chan Director 2020-04-03 2021-04-30

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Surinder Singh Kandola Individual Shares 50–75% 2016-07-29 Active

Filing timeline

Last 20 of 68 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-03-30 RESOLUTIONS Resolution
  • 2025-01-30 RESOLUTIONS Resolution
Date Type Category Description
2026-03-30 RESOLUTIONS resolution Resolution
2026-03-28 AA accounts Accounts with accounts type full
2026-03-25 PSC04 persons-with-significant-control Change to a person with significant control PDF
2026-03-16 SH01 capital Capital allotment shares PDF
2026-03-05 AP01 officers Appoint person director company with name date PDF
2026-03-05 TM01 officers Termination director company with name termination date PDF
2026-02-09 AP01 officers Appoint person director company with name date PDF
2026-01-16 TM01 officers Termination director company with name termination date PDF
2026-01-16 TM01 officers Termination director company with name termination date PDF
2026-01-16 AP01 officers Appoint person director company with name date PDF
2025-09-03 CS01 confirmation-statement Confirmation statement with updates PDF
2025-04-14 AA accounts Accounts with accounts type full
2025-01-30 RESOLUTIONS resolution Resolution
2025-01-23 SH01 capital Capital allotment shares PDF
2024-09-10 AP01 officers Appoint person director company with name date PDF
2024-09-10 AP01 officers Appoint person director company with name date PDF
2024-09-10 TM01 officers Termination director company with name termination date PDF
2024-09-03 TM01 officers Termination director company with name termination date PDF
2024-08-12 AP01 officers Appoint person director company with name date PDF
2024-08-12 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
11

last 12 months

Capital events
2

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