NATURECAN LTD
Get an alert when NATURECAN LTD 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
2027-01-31 (in 8mo)
Last made up 2026-01-17
Watchouts
None on the register
Cash
£2M
+18.5% highest in 6 filed years
Net assets
£10M
+21.1% highest in 5 filed years
Employees
98
+84.9% highest in 5 filed years
Profit before tax
-£4M
+5% vs 2023
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-05-31 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £12,952,209 | £17,055,332 | |
| Operating profit | — | — | — | — | — | -£4,410,416 | -£4,187,654 | |
| Profit before tax | — | — | — | — | — | -£4,683,865 | -£4,448,396 | |
| Net profit | — | — | — | -£222,135 | — | -£4,256,241 | -£3,483,923 | |
| Cash | £94,758 | £783,816 | — | £381,442 | £253,909 | £1,784,069 | £2,113,886 | |
| Total assets less current liabilities | £680,282 | £1,961,643 | — | £2,521,314 | — | £8,116,455 | £9,785,638 | |
| Net assets | £630,282 | £1,911,643 | — | £2,229,658 | — | £8,029,091 | £9,722,502 | |
| Equity | £630,282 | £1,911,643 | £2,451,772 | £2,229,658 | -£1,325,406 | £8,029,091 | £9,722,502 | |
| Average employees | 4 | 10 | — | 28 | — | 53 | 98 | |
| Wages | — | — | — | — | — | £3,165,467 | £3,981,439 | |
| Directors' remuneration | — | — | — | — | — | £247,120 | £200,000 |
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
+31.7%
£12,952,209 £17,055,332
-
Cash
+18.5%
£1,784,069 £2,113,886
highest in 6 filed years
-
Net assets
+21.1%
£8,029,091 £9,722,502
highest in 5 filed years
-
Employees
+84.9%
53 98
highest in 5 filed years
-
Operating profit
+5.1%
-£4,410,416 -£4,187,654
-
Profit before tax
+5%
-£4,683,865 -£4,448,396
-
Wages
+25.8%
£3,165,467 £3,981,439
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 | 2020-05-31 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | -34.1% | -24.6% | |
| Net margin | — | — | — | — | — | -32.9% | -20.4% | |
| Return on capital employed | — | — | — | — | — | -54.3% | -42.8% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 32.5% | 33.2% | |
| Current ratio | — | — | — | — | — | 2.29x | 2.47x | |
| Interest cover | — | — | — | — | — | -16.12x | -16.02x |
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
- Consolidated group
- Auditor
- Afford Bond Holdings Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 group's and parent 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.”
Group structure
- NATURECAN LTD · parent
- Naturecan KK 100%
- Naturecan GmbH 100%
- Naturecan LLC 100%
- Medcan Holdco Limited 100%
- Cannature Pty Ltd 100%
- Naturecan Australia Pty Ltd 100%
- Naturecan India Ventures Private Limited 100%
- Naturecan IAH Limited 100%
- Ropana Clinics Limited 100%
- Digitronix GmbH 75%
- Casano Care GmbH 75%
- IAH Oregon LLC 100%
- Nowohealth GmbH 100%
- WMG Pharma GmbH 100%
- MyCannabis Australia Pty Ltd 100%
Significant events
- “On 14 April 2025 an existing loan of £271,000 from an external party was converted into share capital of 7,315 ordinary shares of 0.000125 each with share premium of £37.05 per share. The loan balance at 31 December 2024 was £260,108.”
- “On 17 May 2025 an existing loan of £113,699 from an external party was converted into share capital of 3,068 ordinary shares of 0.000125 each with share premium of £37.05 per share. The loan balance at 31 December 2024 was £107,771.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CUNNINGHAM, Michael Andrew | Director | 2024-01-01 | Jan 1973 | British |
| DUCKWORTH, Andrew James | Director | 2019-05-01 | Dec 1981 | British |
| FINNEGAN, Paul Daniel | Director | 2019-05-01 | Sep 1981 | British |
| WOOD, Malcolm George | Director | 2020-10-27 | Oct 1981 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Andrew James Duckworth | Individual | Shares 25–50%, Voting 25–50% | 2019-05-01 | Active |
| Mr Paul Daniel Finnegan | Individual | Significant influence | 2019-05-01 | Active |
Filing timeline
Last 20 of 83 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-10 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-02-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-10 | SH01 | capital | Capital allotment shares | |
| 2025-10-10 | SH01 | capital | Capital allotment shares | |
| 2025-09-04 | AA | accounts | Accounts with accounts type group | |
| 2025-08-15 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-08-13 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-08-12 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-07-23 | SH01 | capital | Capital allotment shares | |
| 2025-07-23 | SH01 | capital | Capital allotment shares | |
| 2025-07-10 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-05-23 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-04 | AA | accounts | Accounts with accounts type group | |
| 2024-08-30 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-08-30 | CH01 | officers | Change person director company with change date | |
| 2024-05-05 | RP04SH01 | capital | Second filing capital allotment shares | |
| 2024-04-02 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- Capital events
- 5
- 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.