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Cash

£2.4M

-30% lowest in 3 filed years

Net assets

-£1.1M

-1,747.2% lowest in 5 filed years

Employees

194

+2.1% highest in 5 filed years

Profit before tax

-£1M

-480.7% lowest in 3 filed years

Watchouts

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

Accounts

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

Metric Trend 2021-12-312022-12-312023-12-312024-12-312025-12-31 Δ vs prior
Turnover £11,639,865£28,331,317£4,238,033 -85%
Operating profit -£208,350£361,424-£883,664 -344.5%
Profit before tax -£259,586£274,361-£1,044,567 -480.7%
Net profit -£256,502£196,400-£1,050,069 -634.7%
Cash £6,318,749£3,469,182£2,427,306 -30%
Total assets less current liabilities £1£1-£121,776£3,537,462-£1,110,170 -131.4%
Net assets -£256,501-£60,101-£1,110,170 -1,747.2%
Equity £1£1-£256,501-£60,101-£1,110,170 -1,747.2%
Average employees 00170190194 +2.1%
Wages £4,146,144£10,205,554£1,712,098 -83.2%
Directors' remuneration

Values shown as filed in the company's annual accounts. 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 2021-12-312022-12-312023-12-312024-12-312025-12-31
Operating margin -1.8%1.3%-20.9%
Net margin -2.2%0.7%-24.8%
Return on capital employed 10.2%
Gearing (liabilities / total assets) 102.7%100.6%144.8%
Current ratio 0.98x1.26x0.69x
Interest cover -4.07x2.84x-4.29x

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
IFRS
Auditor
Lovewell Blake LLP
Audit opinion
Unqualified (clean)
Going concern
Not a going concern (break-up basis)

“Note 3 in the financial statements which explains that during the year, the trade and assets were transferred to another company and therefore the directors do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than that of the going concern basis.”

Significant events

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

People

7 active · 1 resigned

Name Role Appointed Born Nationality
WOOLNOUGH, David Anthony Secretary 2022-12-21
BURKE, Jonathan James Director 2018-11-19 Dec 1971 British
EVERITT, Daniel Charles Director 2018-11-19 Dec 1967 British
GOTTLIEB, Gregory Jonathan Director 2022-12-21 Apr 1982 Luxembourger
PRUDENTE, Giuseppe Director 2022-12-21 Oct 1960 Italian
PRUDENTE, Salvatore Director 2022-12-21 Nov 1988 Italian
WOOLNOUGH, David Anthony Director 2022-12-21 Nov 1972 British
Show 1 resigned officer
Name Role Appointed Resigned
GORDON, Anne Maria Director 2018-11-19 2019-05-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Medlog Sa Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2022-03-04 Ceased 2022-03-04
Mr Gianluigi Aponte Individual Shares 25–50%, Voting 25–50% 2022-03-04 Ceased 2022-03-04
Mrs Rafaela Aponte-Diamant Individual Shares 25–50%, Voting 25–50% 2022-03-04 Ceased 2022-03-04
Mediterranean Shipping Company (Uk) Limited Corporate entity Shares 75–100%, Voting 75–100% 2018-11-19 Ceased 2022-03-04
Mr Gianluigi Aponte Individual Shares 25–50%, Voting 25–50%, Appoints directors 2018-11-19 Ceased 2018-11-19
Mrs Rafaela Aponte-Diamant Individual Shares 25–50%, Voting 25–50%, Appoints directors 2018-11-19 Ceased 2018-11-19

Filing timeline

Last 20 of 33 total filings

Date Type Category Description
2026-05-22 AA accounts Accounts with accounts type full
2025-08-21 AA accounts Accounts with accounts type full
2025-08-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-10-09 AA accounts Accounts with accounts type full
2024-10-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-09-29 CS01 confirmation-statement Confirmation statement with updates PDF
2023-09-27 AA accounts Accounts with accounts type micro entity PDF
2023-04-13 PSC08 persons-with-significant-control Notification of a person with significant control statement PDF
2023-04-13 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2023-04-13 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2023-02-14 AP01 officers Appoint person director company with name date PDF
2023-02-14 AP01 officers Appoint person director company with name date PDF
2023-02-14 AP01 officers Appoint person director company with name date PDF
2023-02-01 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2023-02-01 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2023-02-01 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2023-01-19 AP03 officers Appoint person secretary company with name date PDF
2023-01-19 AP01 officers Appoint person director company with name date PDF
2022-12-05 CS01 confirmation-statement Confirmation statement with updates PDF
2022-09-15 AA accounts Accounts with accounts type dormant PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

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