IBEXIA GLOBAL DEVELOPMENT LTD
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Cash
£71k
EUR 81,475
-77.9% lowest in 3 filed years
Net assets
£28m
EUR 31,803,283
+18.8% highest in 3 filed years
Employees
9
0% vs 2024
Profit before tax
£3.1m
EUR 3,601,085
-63.2% first positive since 2023
Net assets
3-year trend · vs Utilities median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | £1,119,886 | £9,295,159 | £3,145,617 | -66.2% | |
| Profit before tax | -£820,823 | £8,531,761 | £3,140,664 | -63.2% | |
| Net profit | -£820,823 | £8,531,761 | £3,140,664 | -63.2% | |
| Cash | £77,653 | £321,797 | £71,058 | -77.9% | |
| Total assets less current liabilities | -£12,906,885 | £23,371,296 | £28,361,974 | +21.4% | |
| Net assets | -£12,906,885 | £23,357,116 | £27,737,034 | +18.8% | |
| Equity | -£12,906,885 | £23,357,116 | £27,737,034 | +18.8% | |
| Average employees | 9 | 9 | 9 | 0% | |
| Wages | £910,995 | £962,459 | £997,230 | +3.6% | |
| Directors' remuneration | £112,969 | £216,019 | £137,410 | -36.4% | |
| Highest paid director | £112,969 | £207,762 | £137,410 | -33.9% |
Figures converted to GBP from EUR at 0.872 per EUR (Frankfurter spot rate) — hover any figure for the original. — 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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Return on capital employed | — | 39.8% | 11.1% | |
| Gearing (liabilities / total assets) | 173.3% | 4.0% | 6.5% | |
| Current ratio | 0.39x | 0.93x | 2.19x | |
| Interest cover | 0.39x | 6.86x | — |
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
- Reporting scope
- Consolidated group
- Audit opinion
- Unaudited (audit-exempt)
- Going concern
- Affirmed
“Having considered the base case, downside sensitivities and the mitigating actions available to the Group, the Directors consider that the Group has adequate resources to continue in operational existence for the assessment period. Accordingly, they have prepared the financial statements on a going-concern basis.”
Group structure
- IBEXIA GLOBAL DEVELOPMENT LTD · parent
- Carboncause Ltd 100%
- Ammonite Carbon Storage Ltd 100%
- Ibexia Investment Holdings II LLC 100%
- Ibexia Investment Holdings III LLC 100%
- Nexwell Hub Holdings S.L.U. 100%
- Iberia Decarb Hub S.L.U. 100%
- Iberia Decarb Hub Aragon S.L.U. 100%
- Ibexia Development S.L.U. 100%
- Ibexia España Development S.L.U. 100%
Significant events
- “Subsequent to 31 December 2025, the Group received €2.7 million in repayment of amounts due from Ibox.”
- “On 21 November 2025, the Group exchanged its entire holding for 2,661,268 shares in Cox ABG Group S.A.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KING, Bretton William | Director | 2020-06-08 | Jan 1964 | British |
| TSVETKOV, Dmitri | Director | 2024-01-15 | Nov 1972 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KING, Bretton William | Director | 2019-12-03 | 2020-05-07 |
| KING, Bretton William, Mr. | Director | 2019-05-09 | 2019-06-25 |
| LIM, Teng Wee | Director | 2019-06-25 | 2020-01-06 |
| MUSTAD, Andreas Haavel, Mr. | Director | 2019-05-09 | 2020-05-07 |
| PULIDO, Pablo, Mr. | Director | 2019-05-09 | 2020-05-07 |
| TAWNEY, Christopher | Director | 2019-10-16 | 2024-01-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Magazine Gap Hong Kong Trust | Legal person | Shares 25–50% (as trust) | 2019-12-20 | Ceased 2022-09-21 |
| The 2019 Opportunity Trust | Legal person | Shares 25–50% (as trust) | 2019-12-20 | Ceased 2022-08-25 |
| The Lemp Future Trust | Legal person | Shares 25–50% (as trust) | 2019-12-20 | Ceased 2022-08-25 |
| Ibexia Global Holdings Limited | Corporate entity | Shares 75–100% | 2019-09-18 | Ceased 2022-08-25 |
| Mr Lim Teng Wee | Individual | Shares 25–50%, Voting 25–50% | 2019-06-05 | Ceased 2019-09-18 |
| Mr. Pablo Pulido | Individual | Shares 25–50%, Voting 25–50% | 2019-05-09 | Ceased 2019-09-18 |
| Mr. Andreas Haavel Mustad | Individual | Shares 25–50%, Voting 25–50% | 2019-05-09 | Ceased 2019-09-18 |
| Mr. Bretton William King | Individual | Shares 25–50%, Voting 25–50% | 2019-05-09 | Ceased 2019-06-05 |
Filing timeline
Last 20 of 52 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-10-27 MA Memorandum articles
- 2024-10-18 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-28 | AA | accounts | Accounts with accounts type group | |
| 2026-06-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-03 | AA | accounts | Accounts with accounts type group | |
| 2025-06-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-12 | CH01 | officers | Change person director company with change date | |
| 2025-01-07 | SH01 | capital | Capital allotment shares | |
| 2024-12-18 | ANNOTATION | miscellaneous | Legacy | |
| 2024-10-27 | MA | incorporation | Memorandum articles | |
| 2024-10-18 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-16 | SH08 | capital | Capital name of class of shares | |
| 2024-10-07 | AA | accounts | Accounts with accounts type group | |
| 2024-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-18 | CH01 | officers | Change person director company with change date | |
| 2024-01-18 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-30 | AA | accounts | Accounts with accounts type group | |
| 2023-06-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-05 | AA | accounts | Accounts with accounts type group | |
| 2022-10-31 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 2
- 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.