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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-10-22 (in 5mo)

Last made up 2025-10-08

Watchouts

1 item

Cash

£135K

+28.6% highest in 4 filed years

Net assets

-£5M

-66.7% lowest in 4 filed years

Employees

9

+28.6% highest in 4 filed years

Profit before tax

-£2M

-99% lowest in 4 filed years

Watchouts

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

Accounts

4-year trend · latest reflected 2024-12-31

Metric Trend 2019-12-312020-12-312023-12-312024-12-31
Turnover £90,900£79,980£1,346,058£1,338,280
Operating profit -£183,826-£522,640-£677,038-£1,477,994
Profit before tax -£201,629-£578,164-£994,870-£1,979,822
Net profit -£994,870-£1,978,315
Cash £25,947£71,734£105,100£135,146
Total assets less current liabilities -£201,529-£779,653-£2,965,871-£4,944,186
Net assets -£201,529-£779,653-£2,965,871-£4,944,186
Equity £201,529£779,653-£2,965,871-£4,944,186
Average employees 1379
Wages £582,449£1,032,384
Directors' remuneration £730,101£589,792

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

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 2019-12-312020-12-312023-12-312024-12-31
Operating margin -50.3%-110.4%
Net margin -73.9%-147.8%
Return on capital employed 91.2%67.0%22.8%29.9%
Gearing (liabilities / total assets) 376.3%546.3%
Current ratio 0.18x0.13x
Interest cover -10.33x-9.41x-2.12x-2.95x

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.

Audit & accounting basis

Accounting basis
FRS 101 Reduced Disclosure Framework
Reporting scope
Standalone (parent only)
Auditor
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis, which assumes that the Company will continue in operational existence for the foreseeable future. The Directors have prepared projections to 31 December 2027. These projections have been prepared using assumptions which the Directors consider to be appropriate to the current financial position of the Company as regards to current expected revenues and its cost base. In light of these forecasts and on the basis that it will be receiving support from the parent entity, the Directors consider it appropriate to continue to prepare the financial statements on a going concern basis. 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. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

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

People

6 active · 2 resigned

Name Role Appointed Born Nationality
CULLINGWORTH, Thomas Simon Director 2018-10-09 Aug 1957 British
DAVIDSON, Gary Andrew Director 2023-12-07 Feb 1966 British
FINNEGAN, Martin Gerald Director 2020-12-02 Sep 1970 British
HOLT, Nicholas John Director 2020-12-02 Apr 1958 British
MCKELVEY, Kenneth John Director 2018-10-09 Nov 1956 British
PUNTER, Jonathan Dominic Director 2018-10-09 May 1957 British
Show 2 resigned officers
Name Role Appointed Resigned
NASH, Ian Secretary 2018-10-09 2025-07-31
THOROGOOD, Claire Marie Director 2020-12-02 2024-06-13

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Punter Southall Group Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2018-10-09 Active

Filing timeline

Last 20 of 25 total filings

Date Type Category Description
2026-03-02 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-10-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-08-20 CH01 officers Change person director company with change date PDF
2025-08-01 TM02 officers Termination secretary company with name termination date PDF
2025-06-13 AA accounts Accounts with accounts type full
2024-10-21 CS01 confirmation-statement Confirmation statement with updates PDF
2024-07-07 AA accounts Accounts with accounts type full
2024-06-13 TM01 officers Termination director company with name termination date PDF
2023-12-07 AP01 officers Appoint person director company with name date PDF
2023-10-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-08-10 AA accounts Accounts with accounts type full
2022-10-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-07-26 AA accounts Accounts with accounts type full
2021-10-21 CS01 confirmation-statement Confirmation statement with updates PDF
2021-09-20 AAMD accounts Accounts amended with accounts type full
2021-07-27 AA accounts Accounts with accounts type total exemption full PDF
2021-01-19 SH01 capital Capital allotment shares PDF
2021-01-08 AP01 officers Appoint person director company with name date PDF
2020-12-03 AP01 officers Appoint person director company with name date PDF
2020-12-03 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
1

last 12 months

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

Official Companies House page