PTARMIGAN CAPITAL LIMITED
Get an alert when PTARMIGAN CAPITAL LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2027-09-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2026-06-03 (in 1mo)
Last made up 2025-05-20
Watchouts
None on the register
Cash
£58K
-73.2% vs 2024
Net assets
£253K
-15.6% vs 2024
Employees
7
+40% highest in 6 filed years
Profit before tax
-£47K
+62.8% vs 2024
Net assets
8-year trend · vs Industrials median
Accounts
8-year trend · latest reflected 2025-12-31
| Metric | Trend | 2020-07-01 | 2021-12-31 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-01-01 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £132,500 | — | £146,486 | £638,803 | |
| Operating profit | — | — | — | — | -£43,417 | — | -£125,572 | -£48,058 | |
| Profit before tax | — | — | — | — | -£43,417 | — | -£125,572 | -£46,764 | |
| Net profit | — | — | — | — | -£43,417 | — | -£125,572 | -£46,764 | |
| Cash | — | £192,563 | £42,138 | £42,138 | £84,388 | £84,388 | £214,698 | £57,596 | |
| Total assets less current liabilities | — | — | — | — | £102,802 | — | £299,786 | £253,022 | |
| Net assets | — | £173,940 | £21,852 | — | £102,802 | — | £299,786 | £253,022 | |
| Equity | — | £173,940 | £21,852 | £21,852 | £102,802 | £102,802 | £299,786 | £253,022 | |
| Average employees | 0 | 3 | 3 | — | 3 | — | 5 | 7 | |
| Wages | — | — | — | — | £12,000 | — | £91,334 | £395,556 | |
| Directors' remuneration | — | — | — | — | £12,000 | — | £65,667 | £238,889 |
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 2025-12-31 vs 2024-12-31
-
Turnover
+336.1%
£146,486 £638,803
highest in 3 filed years
-
Cash
-73.2%
£214,698 £57,596
-
Net assets
-15.6%
£299,786 £253,022
-
Employees
+40%
5 7
highest in 6 filed years
-
Operating profit
+61.7%
-£125,572 -£48,058
-
Profit before tax
+62.8%
-£125,572 -£46,764
-
Wages
+333.1%
£91,334 £395,556
highest in 3 filed years
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-07-01 | 2021-12-31 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-01-01 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | -32.8% | — | -85.7% | -7.5% | |
| Net margin | — | — | — | — | -32.8% | — | -85.7% | -7.3% | |
| Return on capital employed | — | — | — | — | -42.2% | — | -41.9% | -19.0% | |
| Current ratio | — | — | — | — | — | — | 12.80x | 5.37x |
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
- PTARMIGAN CAPITAL LIMITED 2023-07-13 → present
- HBS LONDON LIMITED 2020-07-02 → 2023-07-13
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Sopher + Co LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis, the validity of which is dependent upon the continued support of the directors and shareholders. The directors are satisfied that adequate resources will continue to be made available for at least twelve months from the date of approval of these financial statements and that the company will be able to meet its working capital requirements for the foreseeable future.”
Significant events
- “During the year, the company launched the Ptarmigan Global Equity Fund, a Luxembourg UCITS sub-fund of Hereford Funds to improve access to Ptarmigan Capital's investment approach, adding a meaningful new source of revenue.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARNETT, Douglas Henry Andrew, Mr. | Director | 2024-04-01 | Feb 1986 | British |
| DAVIES, William David Carlton | Director | 2022-10-11 | Aug 1985 | British |
| HANCOCK, Philippe | Director | 2020-07-02 | Jan 1964 | British |
| JONES, Charles Dominic Anthony, Mr. | Director | 2023-06-29 | Sep 1990 | English |
| PALMER, George Gordon Nottage | Director | 2024-11-13 | Nov 1985 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BIDERBOST, Daniel | Director | 2020-07-02 | 2023-06-29 |
| GIFFORD, Richard James | Director | 2020-12-01 | 2022-07-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lagopus Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-06-21 | Active |
| Mr Philippe Hancock | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-07-02 | Ceased 2023-06-21 |
Filing timeline
Last 20 of 41 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-07-13 CERTNM Certificate change of name company
- 2023-07-13 CONNOT Change of name notice
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-21 | AA | accounts | Accounts with accounts type full | |
| 2026-03-30 | ANNOTATION | miscellaneous | Legacy | |
| 2025-06-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-07 | AA | accounts | Accounts with accounts type full | |
| 2024-11-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-08 | AAMD | accounts | Accounts amended with accounts type full | |
| 2024-07-04 | SH01 | capital | Capital allotment shares | |
| 2024-07-04 | SH01 | capital | Capital allotment shares | |
| 2024-05-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-20 | SH01 | capital | Capital allotment shares | |
| 2024-04-16 | AA | accounts | Accounts with accounts type small | |
| 2024-04-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-26 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-01-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-01-02 | SH01 | capital | Capital allotment shares | |
| 2023-08-10 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-08-10 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-07-13 | CERTNM | change-of-name | Certificate change of name company | |
| 2023-07-13 | CONNOT | change-of-name | Change of name notice | |
| 2023-06-30 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 3
- 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.