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.
Cash
£1.7m
-20.5% vs 2024
Net assets
£10m
+5.7% highest in 5 filed years
Employees
127
+29.6% highest in 5 filed years
Profit before tax
-£444k
+90% highest in 3 filed years
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £12,952,209 | £17,055,333 | £35,097,674 | +105.8% | |
| Operating profit | — | — | -£4,410,416 | -£4,187,653 | -£186,152 | +95.6% | |
| Profit before tax | — | — | -£4,683,865 | -£4,448,395 | -£444,145 | +90% | |
| Net profit | — | — | -£4,256,241 | -£3,483,923 | -£1,399,373 | +59.8% | |
| Cash | £783,816 | £381,441 | £1,784,069 | £2,113,886 | £1,680,030 | -20.5% | |
| Total assets less current liabilities | £1,961,643 | £2,533,254 | £8,116,455 | £9,785,638 | £10,471,101 | +7% | |
| Net assets | £1,911,643 | £2,229,659 | £8,029,091 | £9,722,502 | £10,272,970 | +5.7% | |
| Equity | £1,911,643 | £2,229,659 | £8,029,091 | £9,722,502 | £10,272,970 | +5.7% | |
| Average employees | 10 | 24 | 53 | 98 | 127 | +29.6% | |
| Wages | — | — | £3,165,467 | £3,981,439 | £5,050,663 | +26.9% | |
| Directors' remuneration | — | — | £247,120 | £200,000 | £383,334 | +91.7% | |
| Highest paid director | — | — | £117,315 | £100,000 | £191,667 | +91.7% |
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 | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | -34.1% | -24.6% | -0.5% | |
| Net margin | — | — | -32.9% | -20.4% | -4.0% | |
| Return on capital employed | — | — | -54.3% | -42.8% | -1.8% | |
| Gearing (liabilities / total assets) | 17.2% | 48.8% | 32.5% | 33.2% | 51.0% | |
| Current ratio | — | — | 2.29x | 2.47x | 1.73x | |
| Interest cover | — | — | -16.12x | -16.02x | -0.62x |
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
“At the time of approving the financial statements, the directors have a reasonable expectation that the group and parent company have adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting”
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%
- Cansano Care GmbH 75%
- IAH Oregon LLC 100%
- Nowohealth GmbH 100%
- WMG Pharma GmbH 100%
- MyCannabis Australia Pty Ltd 100%
- MYC Dispensary Limited 100%
- MYC Pharma Ireland Limited 100%
- MYC Research GmbH 100%
- MYC Pharma Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 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 |
| JOHNSTON UNGER, Tyrone | Director | 2026-09-01 | Jan 1985 | 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 86 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-07-20 RESOLUTIONS Resolution
- 2025-07-10 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-28 | AA | accounts | Accounts with accounts type group | |
| 2026-09-15 | AP01 | officers | Appoint person director company with name date | |
| 2026-07-20 | RESOLUTIONS | resolution | Resolution | |
| 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 4
- Officers appointed
- 1
- 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.