CANARY (MIDCO 2) LIMITED
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Cash
—
Latest balance sheet
Net assets
-£3.1k
-79.8% lowest in 3 filed years
Employees
5
+25% highest in 3 filed years
Profit before tax
-£1.7k
+5.9% vs 2025
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Industrials 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 | -£483 | -£1,769 | -£1,664 | +5.9% | |
| Profit before tax | -£483 | -£1,769 | -£1,664 | +5.9% | |
| Net profit | -£336 | -£1,327 | -£1,395 | -5.1% | |
| Cash | — | — | — | — | |
| Total assets less current liabilities | — | -£1,748 | -£3,143 | -79.8% | |
| Net assets | — | -£1,748 | -£3,143 | -79.8% | |
| Equity | -£421 | -£1,748 | -£3,143 | -79.8% | |
| Average employees | 3 | 4 | 5 | +25% | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | — | — | — |
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 |
|---|---|---|---|---|
| Gearing (liabilities / total assets) | — | 100.0% | 100.0% | |
| Current ratio | 1.00x | 1.00x | 1.00x |
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
- Reporting scope
- Standalone (parent only)
- Auditor
- Larking Gowen LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Board of Directors believe that the Company will continue to meet its liabilities as they fall due and therefore that the going concern basis of preparation is appropriate.”
Group structure
- CANARY (MIDCO 2) LIMITED · parent
- Canary (Bidco) Limited 100%
- Cornwall Insight Group Limited 100%
- Cornwall Insight Limited 100%
- Pixie Energy Limited 100%
- Cornwall Insight Ireland Limited 100%
- Cornwall Insight Australia Pty Ltd 100%
Significant events
- “The Company is a party to security arrangements given in respect of group-wide bank facilities. As at 31 March 2026 the contingent liability in respect of charges outstanding amounted to £9,502,352 (2025 - £8,379,756).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HUTCHINSON, Helen Janet | Director | 2026-02-23 | Oct 1978 | British |
| MORRIS, Daniel Patrick | Director | 2024-09-23 | Jan 1976 | British |
| SATSANGI, Rahul | Director | 2025-02-11 | Mar 1980 | British |
| TORBET, David | Director | 2025-02-11 | Feb 1978 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEE, Oliver Jeffrey | Director | 2024-06-26 | 2025-09-12 |
| ELLIOTT, Thomas James | Director | 2022-06-09 | 2024-06-25 |
| FIELD, Nicholas William | Director | 2023-10-26 | 2026-04-10 |
| MANI, Roy Benjamin Kurien | Director | 2022-06-09 | 2025-02-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Canary (Midco 1) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-06-09 | Active |
Filing timeline
Last 20 of 24 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-19 | AA | accounts | Accounts with accounts type full | |
| 2026-06-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-14 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-13 | AA | accounts | Accounts with accounts type full | |
| 2025-06-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-17 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-13 | AA | accounts | Accounts with accounts type full | |
| 2024-07-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-21 | AA | accounts | Accounts with accounts type full | |
| 2023-11-09 | CH01 | officers | Change person director company with change date | |
| 2023-11-09 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-11-09 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-20 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- 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.