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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-04-16 (in 11mo)

Last made up 2026-04-02

Watchouts

1 item

Cash

Latest balance sheet

Net assets

-£42K

Equity attributable

Employees

Average over period

Profit before tax

-£56K

Period ending 2024-12-31

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

1-year trend · latest reflected 2024-12-31

Metric Trend 2024-12-31
Turnover £150,000
Operating profit -£55,906
Profit before tax -£55,906
Net profit -£41,929
Cash
Total assets less current liabilities -£41,829
Net assets -£41,829
Equity -£41,829
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. About these numbers

Year-on-year

Latest filed period vs the prior one

No year-on-year comparison available — needs at least two filed periods with shared line items.

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-12-31
Operating margin -37.3%
Net margin -28.0%
Return on capital employed 133.7%
Gearing (liabilities / total assets) 121.6%
Current ratio 0.76x

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 101
Reporting scope
Standalone (parent only)
Auditor
Forvis Mazars LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have prepared forecasts assessing the severe but plausible downsides arising from the risks facing the business, including where new business does not materialise as anticipated and the decline of existing volumes of work. Under this scenario, the Company still has sufficient financial resources for the foreseeable future. The Company has made a loss in its first period of operation owing to incurring setup costs, however going forward the Company is anticipated to be profitable. On this basis, the Directors believe the Company is well placed to manage its business risks successfully and have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future, being at least 12 months from the date of approval of the financial statements. In addition, the Company has received a letter of support from its immediate parent undertaking. Therefore, the financial statements have been prepared on a going concern basis.”

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

People

4 active · 0 resigned

Name Role Appointed Born Nationality
POLO COMMERCIAL INSURANCE SERVICES LIMITED Corporate Secretary 2025-05-06
ELLIOTT, Mark Jean-Paul Director 2024-04-03 Jun 1980 British
LAWSON, Richard Frederick Director 2024-04-03 Mar 1966 British
MINSHALL, Simon Director 2024-04-03 Nov 1965 British

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Oaktree Capital Group Holdings L.P. Corporate entity Shares 75–100% 2025-11-05 Active
Brookfield Oaktree Holdings, Llc Corporate entity Shares 75–100% 2024-04-03 Ceased 2025-11-10

Filing timeline

Last 11 of 11 total filings

Date Type Category Description
2026-04-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-03-06 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2026-03-06 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-12-17 CH01 officers Change person director company with change date PDF
2025-12-17 CH01 officers Change person director company with change date PDF
2025-12-16 AA accounts Accounts with accounts type full
2025-10-28 PSC05 persons-with-significant-control Change to a person with significant control PDF
2025-05-09 AP04 officers Appoint corporate secretary company with name date PDF
2025-04-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-26 AA01 accounts Change account reference date company current shortened PDF
2024-04-03 NEWINC incorporation Incorporation company PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

last 12 months

Capital events
0

last 24 months

Officers appointed
1

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