MONAVATE HOLDINGS LIMITED
Get an alert when MONAVATE HOLDINGS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
—
Latest balance sheet
Net assets
—
Equity attributable
Employees
—
Average over period
Profit before tax
-£8.3M
Period ending 2025-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Insolvency history on file
Companies House holds prior insolvency events for this company. Detail and outcome on the official register.
-
8 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
-
Negative shareholders' funds
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-07-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £19,491,000 | £55,445,000 | £61,454,000 | — | |
| Operating profit | -£1,576,000 | -£6,320,000 | -£4,547,000 | — | |
| Profit before tax | -£2,662,000 | -£8,089,000 | -£8,266,000 | — | |
| Net profit | -£2,828,000 | -£9,152,000 | -£8,203,000 | — | |
| Cash | £1,151,000 | £1,358,000 | — | — | |
| Total assets less current liabilities | £6,922,000 | £9,689,000 | — | — | |
| Net assets | -£7,385,000 | -£13,841,000 | — | — | |
| Equity | -£7,385,000 | -£13,841,000 | — | — | |
| Average employees | 33 | 38 | — | — | |
| Wages | £2,707,000 | £5,436,000 | — | — | |
| Directors' remuneration | £767,000 | £891,000 | — | — |
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 covers about 12 months versus 17 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-07-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -8.1% | -11.4% | -7.4% | |
| Net margin | -14.5% | -16.5% | -13.3% | |
| Return on capital employed | -22.8% | -65.2% | — | |
| Current ratio | 1.04x | 1.00x | — | |
| Interest cover | -1.42x | -2.59x | -5.01x |
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
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- PKF Littlejohn LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have therefore concluded that the going concern basis is appropriate for the preparation of the accounts.”
Group structure
- MONAVATE HOLDINGS LIMITED · parent
- Monavate Limited 100%
Significant events
- “On 30 April 2026, Exodus Movement Inc acquired the entire issued share capital of Monavate Holdings Limited.”
- “During the year, the Company settled its loan and redeemable preference share liabilities of £22,398,000 through the issue of equity instruments.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
0 active · 13 resigned
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| NYAMATORE, Tapiwa David | Secretary | 2023-03-07 | 2025-11-20 |
| ANDERSON, Richard Charles | Director | 2020-11-03 | 2022-10-10 |
| BUTLER, Dean Paul | Director | 2026-03-20 | 2026-03-30 |
| CARSON, Jarett | Director | 2020-11-03 | 2023-11-11 |
| CAVALIER-JONES, Simon William | Director | 2024-03-25 | 2024-07-16 |
| EVANS, Mark Hywel | Director | 2025-11-21 | 2025-11-21 |
| HOWAT, Garth Ben | Director | 2026-03-02 | 2026-03-02 |
| JONES, Daniel William | Director | 2025-11-21 | 2025-11-21 |
| KHATOD, Anil Kevin | Director | 2024-07-16 | 2025-11-16 |
| LUCAS, Scott Paul | Director | 2024-02-19 | 2025-11-21 |
| ROLPH, Michael Daniel | Director | 2022-01-17 | 2025-11-21 |
| VAILE, Leeandra Jane | Director | 2020-07-17 | 2021-07-09 |
| WAHIWALA, Ajeb Singh | Director | 2021-07-27 | 2023-03-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Garth Ben Howat | Individual | Shares 75–100% | 2026-01-31 | Active |
| W3c Corp | Corporate entity | Shares 75–100% | 2025-11-21 | Active |
| Gkff-Enovvo Holdings Iii Llc | Corporate entity | Shares 25–50%, Voting 25–50%, Appoints directors | 2020-11-03 | Ceased 2025-11-21 |
| Ms Leeandra Jane Vaile | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-07-17 | Ceased 2020-07-29 |
Filing timeline
Last 20 of 67 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-26 | AA | accounts | Accounts with accounts type group | |
| 2026-05-19 | RM02 | insolvency | Liquidation receiver cease to act receiver | |
| 2026-05-19 | RM02 | insolvency | Liquidation receiver cease to act receiver | |
| 2026-05-12 | RM01 | insolvency | Liquidation receiver appointment of receiver | |
| 2026-05-12 | RM01 | insolvency | Liquidation receiver appointment of receiver | |
| 2026-05-11 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-08 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-08 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-08 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-08 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-08 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-05-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-05-05 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-30 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-25 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-06 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-06 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-06 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-02-06 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 8
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.