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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2027-04-04 (in 11mo)

Last made up 2026-03-21

Watchouts

None on the register

Cash

£487K

-16.7% vs 2024

Net assets

£564K

-11.9% vs 2024

Employees

5

-16.7% vs 2024

Profit before tax

£1M

+130.6% vs 2024

Accounts

2-year trend · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31
Turnover £2,060,054£2,656,624
Operating profit £436,127£989,444
Profit before tax £438,626£1,011,464
Net profit £324,520£753,444
Cash £585,057£487,334
Total assets less current liabilities £640,208£564,171
Net assets £640,208£564,171
Equity £640,208£564,171
Average employees 65
Wages £993,247£1,007,922
Directors' remuneration £535,858£543,350

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 2025-03-31 vs 2024-03-31

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 2024-03-312025-03-31
Operating margin 21.2%37.2%
Net margin 15.8%28.4%
Return on capital employed 68.1%175.4%
Current ratio 2.03x1.79x

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
Mercer & Hole LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least twelve months from the date of the audit report. Under the terms of its agreement with its fund adviser, all of the Company's costs are reimbursed. The Company therefore continues to adopt the going concern basis in preparing its 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 · 1 resigned

Name Role Appointed Born Nationality
ELALOUF, Laurent Director 2018-03-22 Apr 1982 French
WANG, Yiyi Director 2019-03-29 Jan 1984 Chinese
Show 1 resigned officer
Name Role Appointed Resigned
WANG, Yiyi Director 2019-03-31 2019-04-01

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Open Palm Ltd Corporate entity Shares 25–50% 2019-03-31 Active
City Corp Group Ltd Corporate entity Shares 25–50%, Voting 75–100%, Appoints directors 2018-03-22 Active

Filing timeline

Last 20 of 41 total filings

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

  • 2022-07-13 RESOLUTIONS Resolution
  • 2022-07-13 RESOLUTIONS Resolution
  • 2022-07-13 RESOLUTIONS Resolution
  • 2022-07-13 MA Memorandum articles
Date Type Category Description
2026-03-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-03-25 PSC05 persons-with-significant-control Change to a person with significant control PDF
2026-03-25 PSC05 persons-with-significant-control Change to a person with significant control PDF
2026-01-03 AA accounts Accounts with accounts type full
2025-03-31 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-08-09 AA accounts Accounts with accounts type full
2024-04-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-12-22 AA accounts Accounts with accounts type full
2023-06-05 PSC05 persons-with-significant-control Change to a person with significant control PDF
2023-03-24 CS01 confirmation-statement Confirmation statement with updates PDF
2022-10-11 AD01 address Change registered office address company with date old address new address PDF
2022-08-02 AA accounts Accounts with accounts type full
2022-07-13 RESOLUTIONS resolution Resolution
2022-07-13 RESOLUTIONS resolution Resolution
2022-07-13 RESOLUTIONS resolution Resolution
2022-07-13 MA incorporation Memorandum articles
2022-07-12 SH08 capital Capital name of class of shares
2022-07-12 SH10 capital Capital variation of rights attached to shares
2022-07-11 SH10 capital Capital variation of rights attached to shares
2022-03-28 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

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