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Next accounts due

2027-03-31 (in 10mo)

Last filed for 2025-06-30

Confirmation statement due

2026-08-11 (in 3mo)

Last made up 2025-07-28

Watchouts

None on the register

Cash

£469K

Latest balance sheet

Net assets

-£69M

lowest in 5 filed years

Employees

0

Average over period

Profit before tax

-£26M

lowest in 4 filed years

Accounts

6-year trend · latest reflected 2025-06-30

Metric Trend 2020-07-282021-06-302022-06-302023-06-302024-06-302025-06-30
Turnover £822,837
Operating profit £746,853-£2,224,088-£3,724,227
Profit before tax £996,036-£1,766,700-£11,702,172-£26,149,437
Net profit £930,834£1,875,915-£11,702,172-£26,149,437
Cash £250,455£32,310£941,681£3,353,178£468,711
Total assets less current liabilities £43,437,582£49,008,393£73,057,143£74,049,628
Net assets £930,934-£944,981-£41,368,550-£43,150,134-£69,299,571
Equity £930,934-£944,981-£43,150,134-£69,299,571
Average employees 00
Wages
Directors' remuneration £0£0

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 2025-06-30 vs 2024-06-30

Year-on-year comparison hidden: this filing's period length differs materially from the prior year.

Ratios

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

Ratio Trend 2020-07-282021-06-302022-06-302023-06-302024-06-302025-06-30
Operating margin 90.8%
Net margin 113.1%
Return on capital employed 1.7%-3.0%-5.0%
Gearing (liabilities / total assets) 155.2%190.4%
Current ratio 0.92x0.41x
Interest cover 64.25x-0.26x-0.30x

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 §1A
Reporting scope
Consolidated group
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
PricewaterhouseCoopers CI LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“At 30 June 2025 the group had net current liabilities of £1,550,333 (2024: £390,902) and net liabilities of £69,299,571 (2024: £43,150,134). As disclosed in Note 14, by issuing unsecured loan notes on the International Stock Exchange ("TISE") to a related party when funding is required, the group has access to liquidity and sufficient undrawn group finance facilities to be able to meet all liabilities and commitments as they fall due. The directors have prepared cashflow forecasts which include relevant downside sensitivities and demonstrate that the company and group has access to sufficient liquidity to sustain its operations, meet its working capital requirements, finance the capital commitments disclosed in Note 17 and meet other obligations and commitments as they fall due for a period of at least 12 months from the date of approval of the consolidated financial statements.”

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

People

7 active · 3 resigned

Name Role Appointed Born Nationality
SINGH, Perminder Tony, Dr Secretary 2023-09-04
GARVIN, Andrew David Director 2023-09-04 Mar 1981 British
MCDONALD, Derek Director 2020-07-29 Aug 1967 British
OWEN, Huw Thomas Director 2020-07-29 Jan 1963 British
PERRYMENT, Ian Stuart Director 2023-09-04 Nov 1972 British
PETTIT, Andrew John Director 2020-07-29 Mar 1968 British
SILVESTER, Robert Peter Director 2023-09-04 Dec 1970 British
Show 3 resigned officers
Name Role Appointed Resigned
PERRYMENT, Ian Stuart Secretary 2020-07-29 2023-09-04
BURRAGE, Simon Christopher Director 2020-07-29 2021-06-07
SINGH, Perminder Tony, Dr Director 2021-06-07 2023-09-04

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Paul Elliott Singer Individual Shares 75–100%, ownership-of-shares-75-to-100-percent-as-firm, Voting 75–100%, voting-rights-75-to-100-percent-as-firm, Appoints directors, right-to-appoint-and-remove-directors-as-firm 2020-07-29 Active
Revcap Properties 25 Limited Corporate entity significant-influence-or-control-as-firm 2020-07-29 Active

Filing timeline

Last 20 of 25 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2024-01-17 RESOLUTIONS Resolution
Date Type Category Description
2025-12-15 AA accounts Accounts with accounts type group PDF
2025-07-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-02 AA accounts Accounts with accounts type group PDF
2024-08-02 CS01 confirmation-statement Confirmation statement with updates PDF
2024-01-17 RESOLUTIONS resolution Resolution
2024-01-09 SH01 capital Capital allotment shares PDF
2023-12-27 AA accounts Accounts with accounts type full PDF
2023-09-04 AP01 officers Appoint person director company with name date PDF
2023-09-04 AP01 officers Appoint person director company with name date PDF
2023-09-04 AP01 officers Appoint person director company with name date PDF
2023-09-04 AP03 officers Appoint person secretary company with name date PDF
2023-09-04 TM01 officers Termination director company with name termination date PDF
2023-09-04 TM02 officers Termination secretary company with name termination date PDF
2023-08-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-03-31 AA accounts Accounts with accounts type full PDF
2022-07-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-01-10 AA accounts Accounts with accounts type full PDF
2021-11-11 PSC04 persons-with-significant-control Change to a person with significant control PDF
2021-11-10 PSC04 persons-with-significant-control Change to a person with significant control PDF
2021-08-02 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

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