HELICAL BICYCLE DEVELOPMENT LIMITED
Get an alert when HELICAL BICYCLE DEVELOPMENT LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£429k
+266% vs 2025
Net assets
£246k
-0.8% vs 2025
Employees
—
Average over period
Profit before tax
£25k
-73.6% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Accounts not prepared on a going-concern basis
Therefore, the directors have concluded that it is no longer appropriate to prepare the financial statements on a going concern basis. There have been no adjustments made to the financial statements as a result of the application of the non-going concern basis of accounting.
-
Going-concern uncertainty disclosed
Net assets
3-year trend · vs Financials 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 | £150,000 | £906,886 | £1,363,838 | +50.4% | |
| Operating profit | £150,000 | £93,886 | £24,838 | -73.5% | |
| Profit before tax | £153,376 | £94,195 | £24,835 | -73.6% | |
| Net profit | £153,376 | £94,195 | -£1,891 | -102% | |
| Cash | £1,134,116 | £117,133 | £428,716 | +266% | |
| Total assets less current liabilities | £153,377 | £247,573 | £245,681 | -0.8% | |
| Net assets | £153,377 | £247,573 | £245,681 | -0.8% | |
| Equity | £153,377 | £247,573 | £245,681 | -0.8% | |
| Average employees | — | — | — | — | |
| 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 |
|---|---|---|---|---|
| Operating margin | 100.0% | 10.4% | 1.8% | |
| Net margin | 102.3% | 10.4% | -0.1% | |
| Return on capital employed | 97.8% | 37.9% | 10.1% | |
| Gearing (liabilities / total assets) | 99.0% | 98.1% | 94.5% | |
| Current ratio | 1.01x | 1.02x | 1.06x | |
| Interest cover | — | — | 95.16x |
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
- 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 directors have concluded that it is no longer appropriate to prepare the financial statements on a going concern basis. There have been no adjustments made to the financial statements as a result of the application of the non-going concern basis of accounting.”
Significant events
- “On 20 May 2026, the Company's principal activity of providing development services in relation to the investment property at 100 New Bridge Street, EC4 ceased following the disposal of Helical Bicycle 3 Limited, the entity that owned the property. The intention is to wind up the companies...”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| 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 | 2022-09-02 | Jun 1988 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BONNING-SNOOK, Matthew Charles | Director | 2022-09-02 | 2024-05-17 |
| CLIFTON, Robin Pavlos | Director | 2022-09-02 | 2023-11-24 |
| KAYE, Gerald Anthony | Director | 2022-09-02 | 2024-08-08 |
| MOSS, James Richard | Director | 2023-11-24 | 2024-05-17 |
| MURPHY, Timothy John | Director | 2022-09-02 | 2024-05-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Helical Bicycle 1 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-09-02 | Active |
Filing timeline
Last 20 of 24 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-17 | AA | accounts | Accounts with accounts type full | |
| 2026-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-23 | AA | accounts | Accounts with accounts type full | |
| 2025-07-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 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 | |
| 2024-08-09 | 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 | |
| 2024-08-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-21 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-21 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-21 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-04-05 | RPCH01 | miscellaneous | Legacy | |
| 2023-12-19 | AA | accounts | Accounts with accounts type full | |
| 2023-11-29 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- 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.