GEOBEAR LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-29 (this month)
Last made up 2025-05-15
Watchouts
None on the register
Cash
£190K
+63% vs 2023
Net assets
£470K
-75.7% first positive since 2022
Employees
19
0% vs 2023
Profit before tax
£3M
-33.9% vs 2023
Net assets
6-year trend · vs Industrials 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 | — | — | — | — | £2,702,762 | £3,893,690 | |
| Operating profit | — | — | — | — | £5,096,426 | £68,717 | |
| Profit before tax | — | — | — | — | £5,159,664 | £3,408,795 | |
| Net profit | — | — | — | — | £5,137,333 | £3,378,475 | |
| Cash | £69,598 | £337,577 | £209,513 | £178,019 | £116,564 | £190,025 | |
| Total assets less current liabilities | -£132,952 | £416,508 | £569,733 | £226,463 | £2,327,216 | £826,324 | |
| Net assets | -£365,165 | £216,846 | £339,294 | -£231,717 | £1,931,344 | £469,819 | |
| Equity | -£365,165 | — | — | — | £1,931,344 | £469,819 | |
| Average employees | 5 | 3 | 10 | 14 | 19 | 19 | |
| Wages | — | — | — | — | £1,610,796 | £1,698,114 | |
| Directors' remuneration | — | — | — | — | £177,128 | £288,176 |
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
+44.1%
£2,702,762 £3,893,690
-
Cash
+63%
£116,564 £190,025
-
Net assets
-75.7%
£1,931,344 £469,819
first positive since 2022
-
Employees
0%
19 19
-
Operating profit
-98.7%
£5,096,426 £68,717
-
Profit before tax
-33.9%
£5,159,664 £3,408,795
-
Wages
+5.4%
£1,610,796 £1,698,114
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 | — | — | — | — | 188.6% | 1.8% | |
| Net margin | — | — | — | — | 190.1% | 86.8% | |
| Return on capital employed | — | — | — | — | 219.0% | 8.3% | |
| Current ratio | — | — | — | — | 1.70x | 1.08x | |
| Interest cover | — | — | — | — | 305.94x | — |
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.
Name history
Renamed 1 time since incorporation
- GEOBEAR LTD 2018-01-11 → present
- GEOPOLYMER SOLUTIONS LTD 2017-04-19 → 2018-01-11
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Dains Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company is well positioned for 2025 and the directors have satisfied themselves that the business can operate within the current facilities. The directors have also received assurances that the company will continue to receive operational and financial support from the ultimate controlling party in Finland, and there is no intention for the owners to withdraw this support for the foreseeable future. They have therefore concluded that it remains appropriate to prepare the financial statements on a going concern basis.”
Group structure
- GEOBEAR LTD · parent
- Geobear Residential Ltd 100%
- Geobear Infrastructure Ltd 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LAHTINEN, Otso Oiva | Director | 2018-01-10 | Oct 1988 | Finnish |
| LUBY, Peter Paul | Director | 2023-11-16 | Jan 1974 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DONALDSON, Louise Mary | Secretary | 2020-02-11 | 2021-05-20 |
| HESSION, Paul Anthony | Secretary | 2018-01-10 | 2020-02-11 |
| MCCARTHY, Alan | Secretary | 2021-05-20 | 2022-02-08 |
| HOLMES, Richard David | Director | 2017-09-27 | 2025-03-31 |
| KALLIO, Mika | Director | 2017-07-11 | 2018-07-30 |
| LAHTINEN, Simo Joonatan | Director | 2017-04-19 | 2018-01-10 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 37 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-06 | AA | accounts | Accounts with accounts type full | |
| 2025-05-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-29 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-11 | AA | accounts | Accounts with accounts type small | |
| 2024-05-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-30 | CH01 | officers | Change person director company with change date | |
| 2023-11-16 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-20 | AA | accounts | Accounts with accounts type small | |
| 2023-06-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-22 | AA | accounts | Accounts with accounts type small | |
| 2022-12-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-06-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-08 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-11-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-09-29 | AA | accounts | Accounts with accounts type small | |
| 2021-09-03 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-05-21 | AP03 | officers | Appoint person secretary company with name date | |
| 2021-05-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-24 | AA | accounts | Accounts with accounts type small | |
| 2020-05-18 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- 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.