CARMOOLA GROUP LIMITED
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Cash
£13m
+138.5% highest in 4 filed years
Net assets
£8m
+11.6% vs 2024
Employees
34
+54.5% highest in 4 filed years
Profit before tax
-£14m
-35.7% lowest in 3 filed years
Net assets
4-year trend · vs Technology median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-11-30 | 2023-11-30 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | — | £2,765,662 | £7,514,146 | £17,008,014 | +126.3% | |
| Operating profit | — | -£5,340,231 | -£5,511,796 | -£5,313,804 | +3.6% | |
| Profit before tax | — | -£7,423,540 | -£10,090,480 | -£13,694,632 | -35.7% | |
| Net profit | — | -£7,423,540 | -£10,090,480 | -£13,694,757 | -35.7% | |
| Cash | £1,891,359 | £12,285,438 | £5,384,572 | £12,844,444 | +138.5% | |
| Total assets less current liabilities | £1,791,981 | £46,474,914 | £16,247,110 | £187,039,995 | +1,051.2% | |
| Net assets | £1,691,981 | £15,577,914 | £7,138,166 | £7,968,467 | +11.6% | |
| Equity | — | £15,577,914 | £7,138,166 | £7,968,467 | +11.6% | |
| Average employees | 8 | 27 | 22 | 34 | +54.5% | |
| Wages | — | £1,922,347 | £3,265,597 | £5,126,520 | +57% | |
| Directors' remuneration | — | £270,333 | £392,167 | — | — | |
| Directors' pension contributions | — | £14,744 | £16,131 | — | — | |
| Highest paid director | — | £132,500 | £212,500 | — | — |
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 | 2021-11-30 | 2023-11-30 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | -193.1% | -73.4% | -31.2% | |
| Net margin | — | — | -134.3% | -80.5% | |
| Return on capital employed | — | -11.5% | -33.9% | -2.8% | |
| Gearing (liabilities / total assets) | 11.0% | 67.6% | 91.8% | 95.9% | |
| Current ratio | 17.51x | 29.47x | 1.23x | 33.73x | |
| Interest cover | — | -2.56x | -1.19x | -0.60x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis. The Company and the wider Carmoola group meet their day-to-day working capital requirements through a combination of debt and equity funding.”
Group structure
- CARMOOLA GROUP LIMITED · parent
- Carmoola Midco Limited 100%
- Carmoola Corporate Services Limited 100%
- Carmoola Limited 100%
- Carmoola Funding 1 Limited 100%
- Moola Asset Management Limited 100%
- Carmoola Funding 2 Limited 100%
- Carmoola Funding 3 Limited
Significant events
- “During the year the group refinanced an existing bank loans held within Carmoola Funding 1 with an asset backed security agreement within a new Special Purpose Entity Carmoola Funding 3 Limited.”
- “Post year end funding activities include the issuance of Series B preferred shares raising £12.5M in April and May 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| APOSTOLAKIS, Apostolos | Director | 2023-10-30 | Mar 1974 | Greek |
| ARMSTRONG, Daniel | Director | 2022-01-05 | Oct 1980 | English |
| DYKES, Jasper | Director | 2020-12-20 | Feb 1989 | English |
| OZDALGA, Yusuf | Director | 2022-11-22 | May 1975 | Swedish |
| PORTER, Kenneth Marshall | Director | 2025-02-13 | Jul 1979 | American |
| RUSHBY, Aidan Thomas | Director | 2020-11-11 | Oct 1985 | British |
| VASILATOS, Nikolaos | Director | 2023-10-30 | Jul 1976 | American,Greek |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Aidan Thomas Rushby | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-11-11 | Ceased 2021-05-31 |
Filing timeline
Last 20 of 76 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-07-22 RESOLUTIONS Resolution
- 2026-05-30 MA Memorandum articles
- 2025-10-16 RESOLUTIONS Resolution
- 2025-03-13 RESOLUTIONS Resolution
- 2025-03-13 MA Memorandum articles
- 2024-12-17 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-28 | AA | accounts | Accounts with accounts type group | |
| 2026-07-22 | RESOLUTIONS | resolution | Resolution | |
| 2026-06-24 | SH01 | capital | Capital allotment shares | |
| 2026-06-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-05-30 | MA | incorporation | Memorandum articles | |
| 2026-05-13 | SH01 | capital | Capital allotment shares | |
| 2025-10-16 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-23 | AA | accounts | Accounts with accounts type group | |
| 2025-05-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-13 | RESOLUTIONS | resolution | Resolution | |
| 2025-03-13 | MA | incorporation | Memorandum articles | |
| 2025-02-14 | SH01 | capital | Capital allotment shares | |
| 2025-02-14 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-17 | MA | incorporation | Memorandum articles | |
| 2024-11-19 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2024-11-13 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-08-19 | AA01 | accounts | Change account reference date company current extended | |
| 2024-08-07 | AA | accounts | Accounts with accounts type group | |
| 2024-06-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-06 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- 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.