HELICAL BICYCLE 1 LIMITED
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Cash
£54k
-67% vs 2025
Net assets
£25m
0% vs 2025
Employees
0
Average over period
Profit before tax
-£11k
-103.3% vs 2025
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Accounts not prepared on a going-concern basis
Therefore the financial statements have been prepared on a basis other than going concern. No material adjustments are required as a result of ceasing to apply the going concern basis.
-
Going-concern uncertainty disclosed
Net assets
3-year trend · vs Real Estate median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | -£15,303 | -£19,126 | -£15,300 | +20% | |
| Profit before tax | -£69,614,855 | £344,613 | -£11,422 | -103.3% | |
| Net profit | -£69,614,855 | £339,160 | -£11,682 | -103.4% | |
| Cash | — | £163,884 | £54,081 | -67% | |
| Total assets less current liabilities | £13,503,326 | £24,845,037 | £24,833,355 | 0% | |
| Net assets | £13,503,326 | £24,845,037 | £24,833,355 | 0% | |
| Equity | £13,503,326 | £24,845,037 | £24,833,355 | 0% | |
| Average employees | — | 0 | 0 | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | £0 | £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. 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 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Return on capital employed | -0.1% | -0.1% | -0.1% | |
| Gearing (liabilities / total assets) | 0.0% | 79.6% | 82.0% | |
| Current ratio | — | 0.27x | 0.16x |
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
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Not a going concern (break-up basis)
“Therefore the financial statements have been prepared on a basis other than going concern. No material adjustments are required as a result of ceasing to apply the going concern basis.”
Group structure
- HELICAL BICYCLE 1 LIMITED · parent
- Helical Bicycle 3 Limited 100%
- Helical Bicycle Development Limited 100%
Significant events
- “On 20 May 2026, the company completed on the sale of its subsidiary, Helical Bicycle 3 Limited, to State Street Corporation for total sales proceeds of £198m.”
- “On 1 June 2026, the company proceeded with a formal share capital reduction, reducing its share capital to £2.01...”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HELICAL REGISTRARS LIMITED | Corporate Secretary | 2021-06-25 | — | — |
| BONNING-SNOOK, Matthew Charles | Director | 2024-08-08 | Mar 1968 | British |
| LAHHAM, Aref Hisham | Director | 2024-05-17 | Feb 1965 | British |
| LANYON, Simon John | Director | 2024-05-17 | Jan 1981 | British |
| MOSS, James Richard | Director | 2024-08-08 | Mar 1980 | British |
| REDGROVE, Matthew Patrick John | Director | 2024-08-08 | Apr 1989 | British |
| SIMS, Robert Christopher | Director | 2021-06-25 | Jun 1988 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BONNING-SNOOK, Matthew Charles | Director | 2021-06-25 | 2024-05-17 |
| CLIFTON, Robin Pavlos | Director | 2021-06-25 | 2023-11-24 |
| KAYE, Gerald Anthony | Director | 2021-06-25 | 2024-08-06 |
| MURPHY, Timothy John | Director | 2021-06-25 | 2024-05-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Orion Velocity 1 Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2024-05-17 | Active |
| Helical Plc | Corporate entity | Shares 25–50%, Voting 25–50% | 2021-06-25 | Active |
Filing timeline
Last 20 of 49 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-08-25 RESOLUTIONS Resolution
- 2026-06-01 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-17 | AA | accounts | Accounts with accounts type full | |
| 2026-08-25 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-08-25 | SH20 | capital | Legacy | |
| 2026-08-25 | CAP-SS | insolvency | Legacy | |
| 2026-08-25 | RESOLUTIONS | resolution | Resolution | |
| 2026-06-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-06-01 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-06-01 | SH20 | capital | Legacy | |
| 2026-06-01 | CAP-SS | insolvency | Legacy | |
| 2026-06-01 | RESOLUTIONS | resolution | Resolution | |
| 2026-01-19 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-10-23 | AA | accounts | Accounts with accounts type full | |
| 2025-07-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-02 | MR05 | mortgage | Mortgage charge part release with charge number | |
| 2024-12-09 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-10-14 | AA | accounts | Accounts with accounts type full | |
| 2024-09-26 | SH01 | capital | Capital allotment shares | |
| 2024-08-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-09 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 4
- 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.