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Cash

£286K

-64.7% vs 2024

Net assets

£14M

+59.3% highest in 3 filed years

Employees

0

Average over period

Profit before tax

£5.3M

+658% highest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £861,000£794,000£200,000 -74.8%
Operating profit -£1,361,000-£968,000£5,290,000 +646.5%
Profit before tax -£1,374,000-£948,000£5,290,000 +658%
Net profit -£1,528,000-£1,119,000£5,136,000 +559%
Cash £810,000£286,000 -64.7%
Total assets less current liabilities £9,362,000£8,654,000
Net assets £9,362,000£8,654,000£13,790,000 +59.3%
Equity £9,362,000£8,654,000£13,790,000 +59.3%
Average employees 000
Wages £0£0
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. 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 2023-12-312024-12-312025-12-31
Operating margin -158.1%-121.9%
Net margin -177.5%-140.9%
Return on capital employed -14.5%-11.2%
Gearing (liabilities / total assets) 3.0%5.4%1.9%
Current ratio 2.23x1.72x2.58x
Interest cover -33.20x

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.

Name history

Renamed 1 time since incorporation

  1. MINERVA WAY LIMITED 2022-08-09 → present
  2. MINERVA WAY RESIDENTIAL DEVELOPMENTS LIMITED 2022-05-27 → 2022-08-09

Audit & accounting basis

Accounting basis
IFRS
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have concluded that there are sufficient assets and that it is appropriate to prepare the financial statements on a going concern basis for the next 12 months following the date of signing of these financial statements.”

Significant events

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

People

3 active · 6 resigned

Name Role Appointed Born Nationality
DEAN, Andrew James Director 2025-07-09 Mar 1987 American
FLEETWOOD, Christopher John Director 2022-05-27 Dec 1968 British
SHAMSODDIN, Sina Director 2026-03-20 May 1988 Iranian
Show 6 resigned officers
Name Role Appointed Resigned
BAUER, Hans-Peter Albert, Dr. Director 2023-02-09 2026-03-20
BRAUNWALDER, Philipp Albert, Mr. Director 2023-02-09 2025-05-28
BROWN, Jonathan Robert Director 2022-11-25 2023-02-09
HOYE, Thomas Edmund Director 2022-05-27 2023-02-09
LAURIE, Gemma Carolyn Director 2022-05-27 2022-11-25
STARR, Adam Director 2022-05-27 2023-02-09

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 30 total filings

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

  • 2023-02-16 MA Memorandum articles
  • 2023-02-16 RESOLUTIONS Resolution
  • 2023-02-16 RESOLUTIONS Resolution
Date Type Category Description
2026-06-25 AA accounts Accounts with accounts type full
2026-04-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-04-01 AP01 officers Appoint person director company with name date PDF
2026-04-01 TM01 officers Termination director company with name termination date PDF
2025-12-01 AD01 address Change registered office address company with date old address new address PDF
2025-07-11 TM01 officers Termination director company with name termination date PDF
2025-07-10 AP01 officers Appoint person director company with name date PDF
2025-06-06 CS01 confirmation-statement Confirmation statement with updates PDF
2025-05-02 AA accounts Accounts with accounts type full
2024-12-09 SH01 capital Capital allotment shares
2024-06-03 CS01 confirmation-statement Confirmation statement with updates PDF
2024-06-03 AA accounts Accounts with accounts type full
2023-09-08 AA accounts Accounts with accounts type full
2023-08-03 SH01 capital Capital allotment shares
2023-06-07 CS01 confirmation-statement Confirmation statement with updates PDF
2023-02-16 MA incorporation Memorandum articles
2023-02-16 RESOLUTIONS resolution Resolution
2023-02-16 RESOLUTIONS resolution Resolution
2023-02-15 SH08 capital Capital name of class of shares
2023-02-13 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
7

last 12 months

Capital events
1

last 24 months

Officers appointed
2

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page