LONDON CARDS NO.2 PLC
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Cash
£23m
-34.9% vs 2025
Net assets
£15k
+7.1% highest in 3 filed years
Employees
0
Average over period
Profit before tax
£1k
0% vs 2025
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
However, as the extension is at the discretion of the Parent, and there is a realistic possibility that the Parent will exercise the extension, the Directors have concluded that the going concern basis of accounting is appropriate.
-
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 | — | — | — | — | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | £1,000 | £1,000 | 0% | |
| Net profit | — | £1,000 | £1,000 | 0% | |
| Cash | — | £36,108,000 | £23,493,000 | -34.9% | |
| Total assets less current liabilities | — | £332,514,000 | — | — | |
| Net assets | £13,000 | £14,000 | £15,000 | +7.1% | |
| Equity | £13,000 | £14,000 | £15,000 | +7.1% | |
| Average employees | 0 | 0 | 0 | — | |
| 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% | — | |
| Current ratio | — | — | 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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“However, as the extension is at the discretion of the Parent, and there is a realistic possibility that the Parent will exercise the extension, the Directors have concluded that the going concern basis of accounting is appropriate.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CSC CORPORATE SERVICES (UK) LIMITED | Corporate Secretary | 2023-11-30 | — | — |
| MANYIKA, Renda | Director | 2026-07-08 | Sep 1986 | British |
| CSC DIRECTORS (NO.1) LIMITED | Corporate Director | 2023-11-30 | — | — |
| CSC DIRECTORS (NO.2) LIMITED | Corporate Director | 2023-11-30 | — | — |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| STERNBERG, Aline | Director | 2023-11-30 | 2026-07-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| London Cards Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-11-30 | Active |
Filing timeline
Last 13 of 13 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-11 | AA | accounts | Accounts with accounts type full | |
| 2026-07-08 | AP01 | officers | Appoint person director company with name date | |
| 2026-07-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-24 | AA | accounts | Accounts with accounts type full | |
| 2024-12-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-13 | AA | accounts | Accounts with accounts type dormant | |
| 2024-04-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-01-08 | CERT8A | incorporation | Legacy | |
| 2024-01-08 | SH50 | reregistration | Application trading certificate | |
| 2024-01-04 | SH01 | capital | Capital allotment shares | |
| 2023-12-06 | AA01 | accounts | Change account reference date company current shortened | |
| 2023-11-30 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.