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Next accounts due

2027-02-28 (in 9mo)

Last filed for 2025-05-31

Confirmation statement due

2026-06-14 (in 1mo)

Last made up 2025-05-31

Watchouts

None on the register

Cash

£16M

-20.4% vs 2024

Net assets

£15M

-14.4% lowest in 4 filed years

Employees

227

+3.2% highest in 6 filed years

Profit before tax

£9M

+4.8% vs 2024

Accounts

6-year trend · latest reflected 2025-05-31

Metric Trend 2020-05-312021-05-312022-05-312023-05-312024-05-312025-05-31
Turnover £151,043,154£133,360,849
Operating profit £11,014,598£8,517,962
Profit before tax £8,262,152£8,656,403
Net profit £5,194,058£5,488,759£5,671,965£5,546,382£6,352,162
Cash £5,797,689£8,585,128£2,766,181£3,506,245£20,143,716£16,033,904
Total assets less current liabilities £27,206,573£20,485,129£18,731,414
Net assets £27,206,573£32,695,332£17,101,852£14,632,588
Equity £17,101,852£14,632,588
Average employees 3334220227
Wages £0£83,167£108,940£162,499£24,657,237£25,248,022
Directors' remuneration £196,539£149,628

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 2025-05-31 vs 2024-05-31

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 2020-05-312021-05-312022-05-312023-05-312024-05-312025-05-31
Operating margin 7.3%6.4%
Net margin 3.7%4.8%
Return on capital employed 53.8%45.5%
Current ratio 1.47x1.19x
Interest cover 1.56x10.58x

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

  1. I45 LIMITED 2018-06-05 → present
  2. IFORTYFIVE LIMITED 2018-06-01 → 2018-06-05

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Moore Kingston Smith LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The group remains profitable. The directors are confident, following a review of the group's cash flow projections over the next twelve months that the group has sufficient resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the group's financial statements.”

Group structure

  1. I45 LIMITED · parent
    1. Vensyn Group Limited 56.13% · England and Wales · Parent company
    2. Oktra Limited 56.13% · England and Wales · Office fit out and furniture retailing
    3. Oktra South Limited 44.9% · England and Wales · Office fit out and furniture retailing

Significant events

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

People

4 active · 1 resigned

Name Role Appointed Born Nationality
ANDREW, Elsie Carolina Director 2018-09-07 Mar 1979 British
ANDREW, Geoffrey John Director 2018-06-01 Jul 1972 British
DEN BESTEN, Eric Mt Director 2022-01-01 Apr 1975 British
SANDERS, Simon Barry Director 2018-09-07 Aug 1964 British
Show 1 resigned officer
Name Role Appointed Resigned
DEN BESTEN, Eric Mt Director 2020-11-01 2021-03-26

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
I45i Ltd Corporate entity Shares 25–50% 2024-04-30 Active
Geoffrey John Andrew Individual Shares 50–75%, Voting 50–75%, Appoints directors 2018-06-01 Active

Filing timeline

Last 20 of 32 total filings

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

  • 2024-05-04 MA Memorandum articles
  • 2024-05-04 RESOLUTIONS Resolution
Date Type Category Description
2025-10-01 AA accounts Accounts with accounts type group PDF
2025-06-02 CS01 confirmation-statement Confirmation statement with updates PDF
2024-10-22 AA accounts Accounts with accounts type group PDF
2024-06-28 CS01 confirmation-statement Confirmation statement with updates PDF
2024-06-19 MR04 mortgage Mortgage satisfy charge full
2024-05-04 SH08 capital Capital name of class of shares
2024-05-04 MA incorporation Memorandum articles
2024-05-04 RESOLUTIONS resolution Resolution
2024-05-01 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2024-05-01 PSC04 persons-with-significant-control Change to a person with significant control PDF
2023-10-03 AA accounts Accounts with accounts type group PDF
2023-06-09 CS01 confirmation-statement Confirmation statement with updates PDF
2022-10-25 AA accounts Accounts with accounts type group PDF
2022-06-10 CS01 confirmation-statement Confirmation statement with updates PDF
2022-03-08 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2022-01-06 AP01 officers Appoint person director company with name date PDF
2021-09-03 AA accounts Accounts with accounts type group PDF
2021-06-07 CS01 confirmation-statement Confirmation statement with updates PDF
2021-03-26 TM01 officers Termination director company with name termination date PDF
2020-11-12 AA accounts Accounts with accounts type group PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

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