PANDOX HIGHLANDER GLASGOW OPCO LIMITED
Get an alert when PANDOX HIGHLANDER GLASGOW OPCO LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-31 (in 2mo)
Last made up 2025-07-17
Watchouts
Cash
£1M
+2.7% highest in 3 filed years
Net assets
-£8M
-58.2% lowest in 3 filed years
Employees
114
+4.6% highest in 3 filed years
Profit before tax
-£3M
-87.5% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The company is wholly reliant, for the foreseeable future, on the continued financial support from its ultimate parent company, Pandox AB, in order to meet its obligations as and when they fall due for the foreseeable future.
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £9,881,086 | £13,564,407 | |
| Operating profit | — | -£1,633,897 | -£2,937,783 | |
| Profit before tax | £35,059 | -£1,633,897 | -£3,063,921 | |
| Net profit | £295,863 | -£2,394,190 | -£3,044,155 | |
| Cash | £1,258,785 | £1,447,398 | £1,486,428 | |
| Total assets less current liabilities | -£2,818,106 | -£5,220,580 | -£8,271,830 | |
| Net assets | -£2,833,485 | -£5,227,675 | -£8,271,830 | |
| Equity | -£2,833,485 | -£5,227,675 | -£8,271,830 | |
| Average employees | 113 | 109 | 114 | |
| Wages | — | £3,203,829 | £3,539,324 | |
| Directors' remuneration | — | £0 | £0 |
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
+37.3%
£9,881,086 £13,564,407
-
Cash
+2.7%
£1,447,398 £1,486,428
highest in 3 filed years
-
Net assets
-58.2%
-£5,227,675 -£8,271,830
lowest in 3 filed years
-
Employees
+4.6%
109 114
highest in 3 filed years
-
Operating profit
-79.8%
-£1,633,897 -£2,937,783
-
Profit before tax
-87.5%
-£1,633,897 -£3,063,921
lowest in 3 filed years
-
Wages
+10.5%
£3,203,829 £3,539,324
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | -16.5% | -21.7% | |
| Net margin | — | -24.2% | -22.4% | |
| Return on capital employed | — | 31.3% | 35.5% | |
| Current ratio | — | 0.34x | 0.24x | |
| Interest cover | — | — | -23.05x |
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
- PANDOX HIGHLANDER GLASGOW OPCO LIMITED 2024-07-08 → present
- PANDOX HIGHLANDER OPCO LIMITED 2018-07-18 → 2024-07-08
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- HaysMac LLP
- Audit opinion
- Qualified
- Going concern
- Material uncertainty disclosed
“The company is wholly reliant, for the foreseeable future, on the continued financial support from its ultimate parent company, Pandox AB, in order to meet its obligations as and when they fall due for the foreseeable future.”
Significant events
- “significant one-off costs incurred during the year, including the write off of £804,248 debtor balances considered to be irrecoverable and a £790,000 correction of an unknown understatement of the opening balance sheet compared with the prior year financial statements.”
- “The company passed a special resolution on 8 July 2024 changing its name from Pandox Highlander Opco Limited to Pandox Highlander Glasgow Opco Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CSC CLS (UK) LIMITED | Corporate Secretary | 2020-01-01 | — | — |
| ADRIAANSE, Wenda Margaretha | Director | 2020-07-31 | Jun 1971 | Dutch |
| LINDBLOM, Anneli Elisabet, Ms. | Director | 2022-04-05 | Nov 1967 | Swedish |
| TORNER, Soren Jonas | Director | 2019-11-01 | Aug 1971 | Swedish |
| WILLIAMS, Bobby Lee | Director | 2023-01-25 | Apr 1984 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JAFFE, Daniel Marc Richard | Director | 2019-11-01 | 2023-01-25 |
| NOU, Liia | Director | 2019-11-01 | 2022-04-05 |
| NOU, Liia | Director | 2018-07-18 | 2019-11-01 |
| WILLIAMS, Andrea Ayodele | Director | 2019-11-01 | 2020-07-31 |
| WINTHROP, John | Director | 2018-07-18 | 2020-01-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pandox Highlander Glasgow Propco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-07-18 | Active |
Filing timeline
Last 20 of 52 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-07-08 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-09-19 | CH04 | officers | Change corporate secretary company with change date | |
| 2025-09-18 | CH01 | officers | Change person director company with change date | |
| 2025-09-18 | CH01 | officers | Change person director company with change date | |
| 2025-08-18 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-07-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-31 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-07-31 | CH01 | officers | Change person director company with change date | |
| 2025-07-31 | CH04 | officers | Change corporate secretary company with change date | |
| 2025-03-11 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-02-07 | CH04 | officers | Change corporate secretary company with change date | |
| 2024-12-10 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-12-10 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-07-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-17 | AA | accounts | Accounts with accounts type full | |
| 2024-07-08 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-01-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-01-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-07-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-25 | PSC05 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- 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.