PROJECT APOLLO HOLDCO 2 LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-07 (in 4mo)
Last made up 2025-08-24
Watchouts
Cash
£4M
-37.8% vs 2023
Net assets
-£29M
-8% lowest in 3 filed years
Employees
153
+3.4% highest in 3 filed years
Profit before tax
-£3M
+20.7% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £15,782,760 | £17,001,001 | |
| Operating profit | — | £939,129 | £1,210,290 | |
| Profit before tax | — | -£3,484,534 | -£2,761,787 | |
| Net profit | — | -£3,120,986 | -£2,222,256 | |
| Cash | — | £7,015,918 | £4,361,954 | |
| Total assets less current liabilities | £1 | £32,989,327 | £23,878,503 | |
| Net assets | £1 | -£27,167,071 | -£29,343,790 | |
| Equity | £1 | -£27,167,071 | -£29,343,790 | |
| Average employees | 0 | 148 | 153 | |
| Wages | — | £4,295,423 | £4,220,483 | |
| Directors' remuneration | — | £250,981 | £251,086 |
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+7.7%
£15,782,760 £17,001,001
-
Cash
-37.8%
£7,015,918 £4,361,954
-
Net assets
-8%
-£27,167,071 -£29,343,790
lowest in 3 filed years
-
Employees
+3.4%
148 153
highest in 3 filed years
-
Operating profit
+28.9%
£939,129 £1,210,290
-
Profit before tax
+20.7%
-£3,484,534 -£2,761,787
-
Wages
-1.7%
£4,295,423 £4,220,483
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 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | 6.0% | 7.1% | |
| Net margin | — | -19.8% | -13.1% | |
| Return on capital employed | — | 2.8% | 5.1% | |
| Gearing (liabilities / total assets) | — | 144.9% | 155.2% | |
| Current ratio | — | 0.51x | 0.29x | |
| Interest cover | — | 0.21x | 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
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared using the going concern basis of accounting. Based on the information stated within the accounts the directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. The Group is in a net current liabilities position. The net current liabilities position is driven by the deferred income balance which the Group has recognised at the year end and is not a cash outflow to the Group. The Group also benefits from continued support from its parent company. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements. The business has performed a stress test in order to understand situations where cash would become constrained. Following this exercise the directors are comfortable that a situation in which the business would have insufficient cash reserves is remote. A letter of support has also been provided by the parent company Easypark AB. The business has sufficient cash resources to sustain its activities for the foreseeable future, and consequently the directors continue to prepare the financial statements on the going concern basis of accounting.”
Group structure
- PROJECT APOLLO HOLDCO 2 LIMITED · parent
- Project Apollo Bidco 2 Limited 100%
- Parkopedia Limited 100%
- Parkopedia Parking Services SRL 100%
- Parkopedia Inc 100%
- Parkopedia Japan KK 100%
- Parkopedia Shanghai Limited 100%
Significant events
- “The business was acquired in 2025 by EasyPark AB.”
- “On 13 February 2025, control was transferred to Easypark AB, a company incorporated in Sweden. Accordingly, as at 13 February 2025, the Company's ultimate controlling party is Arrive AS.”
- “Subsequent to the reporting period, The Company and Group was acquired on 13 February 2025 by EasyPark AB, a Swedish corporation, through the purchase of all outstanding shares of the Company.”
- “Subsequent to the reporting period, the Facility A loan has been repaid on 10 January 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CASTELL, William Thomas | Director | 2026-04-16 | Sep 1978 | British |
| CLAYTON, Cameron Denis | Director | 2025-02-13 | Mar 1976 | New Zealander |
| TSYRKLEVICH, Eugene | Director | 2022-03-10 | Mar 1979 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JOHNSSON, Emanuel | Director | 2021-08-25 | 2025-02-13 |
| SANDSTRÖM, Carl Martin | Director | 2025-02-13 | 2026-04-16 |
| TIKU, Vikas | Director | 2025-02-13 | 2025-06-06 |
| VAN DER ZWAN, Gijsbertus | Director | 2023-08-24 | 2025-02-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Eugene Tsyrklevich | Individual | Voting 50–75% | 2022-03-11 | Ceased 2025-02-13 |
| Christina Onesirosan-Martinez | Individual | Shares 50–75% | 2022-03-11 | Ceased 2024-04-24 |
Filing timeline
Last 20 of 45 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-03 MA Memorandum articles
- 2026-01-03 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-20 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-20 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-20 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2026-01-03 | MA | incorporation | Memorandum articles | |
| 2026-01-03 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-29 | AA | accounts | Accounts with accounts type group | |
| 2025-12-28 | SH02 | capital | Capital alter shares subdivision | |
| 2025-12-28 | SH08 | capital | Capital name of class of shares | |
| 2025-11-15 | DISS40 | gazette | Gazette filings brought up to date | |
| 2025-11-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-13 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-11-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-11 | GAZ1 | gazette | Gazette notice compulsory | |
| 2025-02-27 | CH01 | officers | Change person director company with change date | |
| 2025-02-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-15 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- Capital events
- 2
- Officers appointed
- 1
- Officers resigned
- 2
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.