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Cash

£711M

+195.9% vs 2024

Net assets

£3B

+90.2% vs 2024

Employees

Average over period

Profit before tax

£4B

+84.9% vs 2024

Accounts

2-year trend · latest reflected 2025-12-31

Metric Trend 2024-12-312025-12-31
Turnover £1,860,760,000£3,438,205,000
Operating profit
Profit before tax £1,920,196,000£3,549,591,000
Net profit £1,905,335,000£3,519,405,000
Cash £240,422,000£711,319,000
Total assets less current liabilities £1,521,398,000£2,885,459,000
Net assets £1,507,010,000£2,865,738,000
Equity £1,507,010,000£2,865,738,000
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

FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Ratios

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

Ratio Trend 2024-12-312025-12-31
Net margin 102.4%102.4%
Gearing (liabilities / total assets) 3.7%10.4%
Current ratio 7.09x2.64x

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
Other
Reporting scope
Standalone (parent only)
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on the going concern basis of accounting. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the period extending to at least 31 July 2027”

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

People

5 active · 3 resigned

Name Role Appointed Born Nationality
AMROLIA, Zarthustra Jal Director 2017-09-13 May 1963 British
GERKO, Alexander Director 2017-09-13 Dec 1979 British
HARRY, Serge Director 2022-05-12 Feb 1960 French
SWANSON, Eric John Director 2020-02-25 Apr 1967 American
THROSBY, Timothy James Osborne Director 2024-06-21 Jul 1966 British
Show 3 resigned officers
Name Role Appointed Resigned
BEATTIE, Nicola Jane Director 2018-03-27 2022-10-01
BUEHLER, Hans Director 2023-03-31 2025-06-30
PATERSON, Duncan Director 2019-08-19 2024-03-31

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 29 total filings

Date Type Category Description
2026-04-15 AA accounts Accounts with accounts type full
2025-07-23 OSTM01 officers Termination person director overseas company with name termination date
2025-04-23 AA accounts Accounts with accounts type full
2024-07-24 OSAP01 officers Appoint person director overseas company with name appointment date
2024-05-23 AA accounts Accounts with accounts type full
2024-04-24 OSTM01 officers Termination person director overseas company with name termination date
2023-08-09 AA accounts Accounts with accounts type full
2023-07-28 OSCH03 officers Change person director overseas company with change date
2023-04-18 OSAP01 officers Appoint person director overseas company with name appointment date
2022-11-25 AA accounts Accounts with accounts type full
2022-10-12 OSTM01 officers Termination person director overseas company with name termination date
2022-05-30 OSAP01 officers Appoint person director overseas company with name appointment date
2021-10-04 AA accounts Accounts with accounts type full
2021-03-13 AA accounts Accounts with accounts type full
2021-02-22 OSCH02 other Change company details overseas company with change details
2020-03-03 OSAP01 officers Appoint person director overseas company with name appointment date
2020-01-15 OSAP01 officers Appoint person director overseas company with name appointment date
2019-12-23 AA accounts Accounts with accounts type full
2019-10-23 AA accounts Accounts with accounts type full
2019-05-31 OSCH02 other Change company details overseas company with change details

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
1

last 12 months

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

Official Companies House page