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Next accounts due

2027-06-30 (in 1y)

Last filed for 2025-09-30

Confirmation statement due

2026-08-30 (in 3mo)

Last made up 2025-08-16

Watchouts

None on the register

Cash

Latest balance sheet

Net assets

-£18M

-9.9% vs 2024

Employees

6

+20% vs 2024

Profit before tax

-£2M

+13% vs 2024

Accounts

6-year trend · latest reflected 2025-09-30

Metric Trend 2020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Turnover
Operating profit -£717,109-£692,769
Profit before tax -£1,848,039-£1,607,908
Net profit -£1,848,039-£1,607,908
Cash
Total assets less current liabilities -£16,194,887-£17,825,824
Net assets -£16,232,270-£17,842,556
Equity -£5,924,808£0-£9,448,027-£14,481,574-£16,232,270-£17,842,556
Average employees 56
Wages £358,728£351,475
Directors' remuneration

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 2025-09-30 vs 2024-09-30

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 2020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Return on capital employed 4.4%3.9%
Current ratio 0.00x0.01x
Interest cover -0.63x-0.76x

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 101
Reporting scope
Standalone (parent only)
Auditor
Henderson Loggie LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Due to the net liabilities of £17,842,556 (2024 - £16,232,270) at the year end, the directors have obtained written support from Sappi Papier Holdings GmbH, the immediate parent company, which commits to providing financial support to the company for the foreseeable future to enable the company to meet its liabilities as they fall due. Based on the financial assessments made by the directors and having regard to the resources available to the company, including the ongoing financial support of the group, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements.”

Significant events

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

People

2 active · 0 resigned

Name Role Appointed Born Nationality
BLYTH, Stephen John Director 2017-08-17 Jul 1974 Irish
KRUYSHAAR, Louis Director 2017-08-17 May 1970 South African

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 37 total filings

Date Type Category Description
2026-02-10 AA accounts Accounts with accounts type full PDF
2025-08-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-31 AA accounts Accounts with accounts type full PDF
2024-08-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-08-20 CH01 officers Change person director company with change date PDF
2024-03-28 AA accounts Accounts with accounts type full PDF
2023-08-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-05-31 AA accounts Accounts with accounts type full PDF
2022-09-29 AA accounts Accounts with accounts type audit exemption subsiduary
2022-09-28 PARENT_ACC accounts Legacy
2022-09-27 AGREEMENT2 other Legacy
2022-09-27 GUARANTEE2 other Legacy
2022-08-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-08-23 CH01 officers Change person director company with change date PDF
2022-08-22 CH01 officers Change person director company with change date PDF
2022-06-27 AGREEMENT2 other Legacy
2022-06-27 GUARANTEE2 other Legacy
2021-08-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-06-21 AA accounts Accounts with accounts type audit exemption subsiduary
2021-06-21 PARENT_ACC accounts Legacy

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Official Companies House page