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Cash

£526K

+35.8% vs 2024

Net assets

£490K

-8.5% vs 2024

Employees

7

-12.5% vs 2024

Profit before tax

£100K

+3,467.1% vs 2024

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2025-11-30

Metric Trend 2024-11-302025-11-30 Δ vs prior
Turnover £1,081,812£1,029,639 -4.8%
Operating profit £2,680£99,521 +3,613.5%
Profit before tax £2,790£99,521 +3,467.1%
Net profit £2,492£54,574 +2,090%
Cash £387,077£525,563 +35.8%
Total assets less current liabilities £535,990£492,113 -8.2%
Net assets £535,726£490,300 -8.5%
Equity £535,726£490,300 -8.5%
Average employees 87 -12.5%
Wages £680,712£517,830 -23.9%
Directors' remuneration £90,000£132,000 +46.7%

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 2024-11-302025-11-30
Operating margin 0.2%9.7%
Net margin 0.2%5.3%
Return on capital employed 0.5%20.2%
Gearing (liabilities / total assets) 8.2%13.6%
Current ratio 12.21x7.43x

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
Reporting scope
Standalone (parent only)
Auditor
HaysMac LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The director has prepared the financial statements on a going concern basis having considered the nature of the Company and the new joint venture Agreement. This will provide the necessary funding in order for the Company to maintain operations and meet liabilities in full for at least 12 months from the date of approval 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

1 active · 0 resigned

Name Role Appointed Born Nationality
WILLIAMS, Richard Paul, Dr Director 2022-11-11 Dec 1971 British

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Dr Richard Paul Williams Individual Shares 75–100%, Voting 75–100%, Appoints directors 2022-11-11 Active

Filing timeline

Last 7 of 7 total filings

Date Type Category Description
2026-04-03 AA accounts Accounts with accounts type full
2025-12-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-12 AA accounts Accounts with accounts type full
2024-11-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-05-21 AA accounts Accounts with accounts type full
2023-11-10 CS01 confirmation-statement Confirmation statement with updates PDF
2022-11-11 NEWINC incorporation Incorporation company PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Official Companies House page