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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-09-27 (in 4mo)

Last made up 2025-09-13

Watchouts

None on the register

Cash

£7M

lowest in 3 filed years

Net assets

£11M

highest in 3 filed years

Employees

8

lowest in 3 filed years

Profit before tax

£786K

lowest in 3 filed years

Accounts

5-year trend · latest reflected 2025-03-31

Metric Trend 2020-11-302021-11-302022-11-302024-03-312025-03-31
Turnover £2,766,158£10,513,157£2,727,793
Operating profit £815,502£2,377,613£250,497
Profit before tax £817,824£2,843,703£786,484
Net profit £670,385£1,995,076£759,851
Cash £8,306,745£12,258,657£7,001,997
Total assets less current liabilities £8,145,670£10,140,746£10,900,597
Net assets £10,140,746£10,900,597
Equity £240£7,475,285£8,145,670£10,140,746£10,900,597
Average employees 12128
Wages £2,147,613£5,106,446£1,522,630
Directors' remuneration £150,000£200,000£62,500

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

FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31

Year-on-year comparison hidden: this filing covers about 12 months versus 16 months prior.

Ratios

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

Ratio Trend 2020-11-302021-11-302022-11-302024-03-312025-03-31
Operating margin 29.5%22.6%9.2%
Net margin 24.2%19.0%27.9%
Return on capital employed 10.0%23.4%2.3%
Current ratio 4.83x14.11x

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
Standalone (parent only)
Auditor
Mercer & Hole LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Director has a reasonable expectation that the Company has adequate resources to continue in operational existence for at least twelve months from the date of the audit report. Under the terms of its current agreement with Aster Capital Management (DIFC) Ltd, all of the Company's costs are reimbursed. The Company therefore continues to adopt the going concern basis in preparing its financial statements.”

Significant events

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

People

1 active · 0 resigned

Name Role Appointed Born Nationality
OUAJJANE, Nabil Director 2019-11-11 Dec 1983 French,Moroccan

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Merkanti Capital Holdings Limited Corporate entity Shares 75–100% 2022-11-17 Active
Mr Nabil Ouajjane Individual Shares 75–100%, Voting 75–100%, Appoints directors 2019-11-11 Ceased 2022-11-17

Filing timeline

Last 20 of 26 total filings

Date Type Category Description
2025-10-24 AA accounts Accounts with accounts type full
2025-09-22 CS01 confirmation-statement Confirmation statement with updates PDF
2025-07-03 CH01 officers Change person director company with change date PDF
2025-07-03 AD01 address Change registered office address company with date old address new address PDF
2025-07-03 PSC05 persons-with-significant-control Change to a person with significant control PDF
2024-12-31 AA accounts Accounts with accounts type full PDF
2024-09-25 CS01 confirmation-statement Confirmation statement with updates PDF
2023-10-15 AA01 accounts Change account reference date company current extended PDF
2023-09-13 CH01 officers Change person director company with change date PDF
2023-09-13 CS01 confirmation-statement Confirmation statement with updates PDF
2023-09-11 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2023-08-31 AA accounts Accounts with accounts type full PDF
2023-08-21 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2023-08-21 CH01 officers Change person director company with change date PDF
2022-11-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-09-01 AA accounts Accounts with accounts type full
2022-07-21 AD01 address Change registered office address company with date old address new address PDF
2022-07-20 AD01 address Change registered office address company with date old address new address PDF
2022-03-14 AD01 address Change registered office address company with date old address new address PDF
2021-11-23 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

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