K2 CAT LIMITED

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

• Turnover

  -78.9%

  £897,000 → £189,000

• Cash

  —

  Not reported

• Net assets

  -50.9%

  £1,871,000 → £919,000

• Employees

  -33.3%

  3 → 2

• Operating profit

  +11.3%

  -£1,493,000 → -£1,325,000

• Profit before tax

  +32.4%

  -£1,922,000 → -£1,300,000

• Wages

  -8.4%

  £525,000 → £481,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors are confident the Company is a going concern and has adequate resources to continue in operational existence for the 12-month period from the signing of these financial statements. Operational support is provided to the Company from K2 Group Services Limited, a direct subsidiary of K2 Group Holdings Limited. The ultimate parent company in the US has provided assurance that all group companies will be supported financially for at least 12 months from the date of signing the statutory financial statements for the year ended date 31 December 2024 to enable it to meet all its liabilities as they fall due. The US parent company has also demonstrated an ability, in addition to willingness, to financially support the company during this period.”

Significant events

• “As of January 2025, the parent undertaking, K2 Group Holdings Limited, has obtained regulatory authorisation by the Financial Conduct Authority. During Q2 2025, the Company will transition its appointed representative status from Talsen to K2 Group Holdings Limited. The agreement currently in place with Talsen will terminate at this time.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.