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Cash

£124k

EUR 142,085

-0.7% lowest in 3 filed years

Net assets

-£1.4m

EUR -1,641,664

-56.8% lowest in 3 filed years

Employees

8

+14.3% highest in 3 filed years

Profit before tax

-£472k

EUR -540,737

-11.8% vs 2024

Watchouts

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

Accounts

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

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £578,678£793,523£230,535 -70.9%
Operating profit -£463,600-£249,893-£318,100 -27.3%
Profit before tax -£658,059-£421,744-£471,600 -11.8%
Net profit -£658,059-£421,744-£471,600 -11.8%
Cash £395,082£124,839£123,919 -0.7%
Total assets less current liabilities -£514,523-£913,178-£1,431,751 -56.8%
Net assets -£514,523-£913,178-£1,431,767 -56.8%
Equity -£514,523-£913,178-£1,431,767 -56.8%
Average employees 778 +14.3%
Wages £503,349£629,346£709,939 +12.8%
Directors' remuneration £262,783£276,238£203,441 -26.4%
Highest paid director £179,614£192,892£203,441 +5.5%

Figures converted to GBP from EUR at 0.872 per EUR (Frankfurter spot rate) — hover any figure for the original. 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 2023-12-312024-12-312025-12-31
Operating margin -80.1%-31.5%-138.0%
Net margin -113.7%-53.1%
Gearing (liabilities / total assets) 110.4%119.1%125.0%
Current ratio 0.90x0.84x0.80x
Interest cover -2.38x-1.45x-2.07x

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. 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.

Name history

Renamed 1 time since incorporation

  1. ELLIPSE PROJECTS (UK) LIMITED 2021-12-16 → present
  2. ELLIPSE PROJECTS SAS FRANCE (UK) LIMITED 2017-09-14 → 2021-12-16

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Standalone (parent only)
Auditor
Cartwrights Chartered Accountants and Business Advisors
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Significant events

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

People

3 active · 5 resigned

Name Role Appointed Born Nationality
BIRKETTS SECRETARIES LIMITED Corporate Secretary 2023-10-11
BREEZE, Christopher Mark Director 2022-01-01 Aug 1963 British
PICARD, Olivier Gaston, Mr. Director 2017-09-14 Mar 1962 French
Show 5 resigned officers
Name Role Appointed Resigned
INCE & CO CORPORATE SERVICES LIMITED Corporate Secretary 2023-07-10 2023-09-29
INCE GD CORPORATE SERVICES LIMITED Corporate Secretary 2017-09-14 2023-07-10
AXTON, Henry Edward Director 2020-09-17 2024-09-01
GIRMA, Jean Claude Pierre Director 2017-09-14 2020-09-17
SHIRES, Philip Director 2017-09-14 2020-09-17

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Ellipse Projects Sas Corporate entity Shares 75–100% 2022-01-01 Ceased 2022-01-01
Fondinfra Ltd Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2022-01-01 Active
Ellipse Projects Sas France (Uk) Limited Corporate entity Shares 75–100% 2017-09-14 Ceased 2022-01-01

Filing timeline

Last 20 of 55 total filings

Date Type Category Description
2026-08-13 AA accounts Accounts with accounts type full
2026-04-22 SH01 capital Capital allotment shares PDF
2026-01-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-31 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-10-31 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-10-20 AA accounts Accounts with accounts type full
2025-01-21 CS01 confirmation-statement Confirmation statement with updates PDF
2025-01-17 AA accounts Accounts with accounts type full
2024-09-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-06 CH01 officers Change person director company with change date PDF
2024-09-02 TM01 officers Termination director company with name termination date PDF
2023-10-11 CH01 officers Change person director company with change date PDF
2023-10-11 CH01 officers Change person director company with change date PDF
2023-10-11 CH01 officers Change person director company with change date PDF
2023-10-11 AP04 officers Appoint corporate secretary company with name date PDF
2023-10-11 AD01 address Change registered office address company with date old address new address PDF
2023-10-09 AA accounts Accounts with accounts type full
2023-09-30 TM02 officers Termination secretary company with name termination date PDF
2023-09-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-08-31 AD01 address Change registered office address company with date old address new address PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
1

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