IVYMAX LTD
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Cash
£146k
-51.9% vs 2024
Net assets
£1.6m
+5.7% highest in 6 filed years
Employees
83
-4.6% vs 2024
Profit before tax
-£456k
-280.2% lowest in 3 filed years
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £4,303,503 | £4,685,105 | £4,393,333 | -6.2% | |
| Operating profit | — | — | — | -£68,371 | £89,707 | £15,311 | -82.9% | |
| Profit before tax | — | — | — | £693,231 | -£120,065 | -£456,455 | -280.2% | |
| Net profit | — | — | — | £682,093 | -£147,451 | -£452,838 | -207.1% | |
| Cash | £100 | £200,783 | £230,575 | £373,126 | £304,026 | £146,381 | -51.9% | |
| Total assets less current liabilities | £100 | -£117 | -£2,910,810 | £756,782 | £8,091,059 | £5,485,212 | -32.2% | |
| Net assets | — | — | — | £697,648 | £1,489,602 | £1,573,784 | +5.7% | |
| Equity | £100 | -£117 | -£2,910,810 | £697,648 | £1,489,602 | £1,573,784 | +5.7% | |
| Average employees | 0 | 0 | 0 | 93 | 87 | 83 | -4.6% | |
| Wages | — | — | — | £1,742,238 | £1,825,886 | £1,748,949 | -4.2% | |
| Directors' remuneration | — | — | — | — | — | — | — |
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | -1.6% | 1.9% | 0.3% | |
| Net margin | — | — | — | 15.8% | -3.1% | -10.3% | |
| Return on capital employed | — | — | — | -9.0% | 1.1% | 0.3% | |
| Gearing (liabilities / total assets) | — | — | — | 92.1% | 83.3% | 81.9% | |
| Current ratio | — | — | — | 0.08x | 0.99x | 0.24x | |
| Interest cover | — | — | — | — | 0.43x | 0.03x |
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.
Name history
Renamed 1 time since incorporation
- IVYMAX LTD 2020-10-29 → present
- CREST GROUP (SOUTHAMPTON) LTD 2020-01-31 → 2020-10-29
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Sumer Auditco Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“the directors are satisfied that the group and company will be able to meet its liabilities as they fall due. Therefore, the financial statements have been prepared on the going concern basis”
Group structure
- IVYMAX LTD · parent
- Ivymax 2 Ltd 100%
- Lowman Hotels (Arundel) Ltd 100%
Significant events
- “At the period end, a subsidiary was in breach of covenants regarded to its long term loan and although the bank has not introduced any additional measures and continues to support the company, the loan has been classified as due within one year.”
- “During the period 2023 to 2025 the group has been carrying out a major hotel refurbishment programme.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRAR, Narinder Kaur | Director | 2020-10-26 | Jan 1960 | British |
| SINGH, Daljit | Director | 2020-10-26 | Mar 1944 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SINGH, Gurjinder | Director | 2020-01-31 | 2020-10-26 |
| SINGH, Parminder | Director | 2020-01-31 | 2020-10-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Daljit Singh | Individual | Shares 25–50%, Voting 25–50% | 2020-10-26 | Active |
| Mrs Narinder Kaur Brar | Individual | Shares 25–50%, Voting 25–50% | 2020-10-26 | Active |
| Mr Gurjinder Singh | Individual | Shares 25–50%, Voting 25–50% | 2020-01-31 | Ceased 2020-10-26 |
| Mr Parminder Singh | Individual | Shares 25–50%, Voting 25–50% | 2020-01-31 | Ceased 2020-10-26 |
Filing timeline
Last 20 of 33 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-11 | AA | accounts | Accounts with accounts type group | |
| 2026-05-27 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-05-26 | CH01 | officers | Change person director company with change date | |
| 2026-05-26 | CH01 | officers | Change person director company with change date | |
| 2026-02-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-26 | AA | accounts | Accounts with accounts type group | |
| 2025-01-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-20 | AA | accounts | Accounts with accounts type group | |
| 2024-05-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-02-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-25 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-02-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-08-25 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-02-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-29 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-11-29 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2021-11-29 | CH01 | officers | Change person director company with change date | |
| 2021-11-29 | CH01 | officers | Change person director company with change date | |
| 2021-11-29 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2021-09-23 | AA | accounts | Accounts with accounts type total exemption full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- 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.