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Cash

£653K

Latest balance sheet

Net assets

£1.5M

Equity attributable

Employees

4

Average over period

Profit before tax

-£888K

Period ending 2025-12-31

Accounts

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

Metric Trend 2024-12-312025-12-31 Δ vs prior
Turnover £568,136£779,281
Operating profit -£1,620,382-£909,817
Profit before tax -£1,607,083-£888,487
Net profit -£1,205,421-£2,058,182
Cash £169,604£653,046
Total assets less current liabilities £1,121,151£1,462,969
Net assets £1,121,151£1,462,969
Equity £1,121,151£1,462,969
Average employees 54
Wages £1,286,809£847,983
Directors' remuneration £0£0

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 . Year-on-year comparison hidden: this filing's period length differs materially from the prior year. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-12-312025-12-31
Operating margin -116.8%
Return on capital employed -144.5%-62.2%
Gearing (liabilities / total assets) 56.3%35.0%
Current ratio 0.43x1.87x

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
IFRS
Reporting scope
Standalone (parent only)
Auditor
Rawlinson & Hunter Audit LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In adopting the going concern basis for preparing the financial statements, the directors have considered the business activities, as well as the Company's principal risks and uncertainties, within the company's cash flow forecasts and projections through to December 2030. These forecasts demonstrate that the Company is reliant upon its parent undertaking for its future liquidity needs. The parent undertaking has informed the directors of its intention to provide such liquidity support for a period no less than one year from the approval of the financial statements.”

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

People

3 active · 0 resigned

Name Role Appointed Born Nationality
VISTRA COSEC LIMITED Corporate Secretary 2019-07-17
BALCELLS, Francesc Director 2019-07-17 Sep 1970 Spanish
HEANEY, Mark Director 2019-07-17 Oct 1967 British

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Hedi Ben Mlouka Individual Shares 25–50%, Voting 25–50% 2019-07-17 Active

Filing timeline

Last 20 of 47 total filings

Date Type Category Description
2026-04-30 AA accounts Accounts with accounts type full
2026-04-29 CH04 officers Change corporate secretary company with change date PDF
2026-03-31 SH01 capital Capital allotment shares PDF
2025-12-30 SH01 capital Capital allotment shares PDF
2025-09-30 SH01 capital Capital allotment shares PDF
2025-08-18 AA accounts Accounts with accounts type full
2025-07-08 CS01 confirmation-statement Confirmation statement with updates PDF
2025-06-24 CH01 officers Change person director company with change date PDF
2025-04-16 SH01 capital Capital allotment shares PDF
2025-04-01 RP04SH01 capital Second filing capital allotment shares PDF
2025-03-28 SH01 capital Capital allotment shares PDF
2025-03-28 SH01 capital Capital allotment shares PDF
2025-01-10 SH01 capital Capital allotment shares
2024-10-22 SH01 capital Capital allotment shares PDF
2024-07-09 CS01 confirmation-statement Confirmation statement with updates PDF
2024-07-04 RP04SH01 capital Second filing capital allotment shares PDF
2024-06-26 SH01 capital Capital allotment shares
2024-06-04 AA accounts Accounts with accounts type full
2024-04-29 SH01 capital Capital allotment shares PDF
2024-01-31 SH01 capital Capital allotment shares PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
7

last 12 months

Capital events
10

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