MAC III (BVI) LIMITED
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Cash
£5M
-53.2% vs 2024
Net assets
£10M
-1.8% vs 2024
Employees
—
Average over period
Profit before tax
-£181K
-322.3% vs 2024
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2025-06-30
| Metric | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£435,836 | -£461,378 | |
| Profit before tax | £81,407 | -£180,933 | |
| Net profit | £81,407 | -£180,933 | |
| Cash | £10,044,604 | £4,703,746 | |
| Total assets less current liabilities | — | — | |
| Net assets | £9,807,825 | £9,626,892 | |
| Equity | £9,807,825 | £9,626,892 | |
| 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 2025-06-30 vs 2024-06-30
-
Turnover
—
Not reported
-
Cash
-53.2%
£10,044,604 £4,703,746
-
Net assets
-1.8%
£9,807,825 £9,626,892
-
Employees
—
Not reported
-
Operating profit
-5.9%
-£435,836 -£461,378
-
Profit before tax
-322.3%
£81,407 -£180,933
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 | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 2.4% | 2.0% | |
| Current ratio | 41.92x | 49.37x |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Audit opinion
- Unaudited (audit-exempt)
- Going concern
- Affirmed
“These Financial Statements have been prepared on a going concern basis The Company has net assets of £9,626,892 including cash reserves of £4,703,746 (2024 net assets of £9,807,825 and cash reserves of £10,044,604) which is sufficient for the Company to continue in business or meet its liabilities as they fall due for the next 12 months and as such the Directors believe it is appropriate to prepare the Financial Statements on the going concern basis”
Significant events
- “On 9 October 2025 the Parent announced that, together with the Company, it has entered into a non-binding heads of terms in relation to a combination with Palmer Street Limited ("Palmer") which would be effected through the acquisition of 100 per cent of the issued share capital of Palmer, which operates in Luxembourg, Jersey, Spain, and the UK on a share-for-share basis”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VANDERPUIJE, Antoinette Catherine Ellen | Secretary | 2021-06-23 | — | — |
| CORSELLIS, James Henry Merrick | Director | 2021-06-23 | May 1970 | British |
| VANDERPUIJE, Antoinette Catherine Ellen | Director | 2022-11-06 | Jul 1980 | Irish |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRANGSTRUP WATTS, Mark Irvine John | Director | 2021-06-23 | 2022-11-06 |
Ownership
Persons with significant control
Filing timeline
Last 14 of 14 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-15 | AA | accounts | Accounts with accounts type full | |
| 2025-02-06 | AA | accounts | Accounts with accounts type full | |
| 2024-10-07 | OSCH02 | other | Change company details overseas company with change details | |
| 2023-12-28 | AA | accounts | Accounts with accounts type full | |
| 2023-05-16 | AA | accounts | Accounts with accounts type full | |
| 2022-11-21 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2022-11-21 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2022-08-04 | AA | accounts | Accounts with accounts type full | |
| 2022-06-29 | AA01 | accounts | Change account reference date company previous shortened | |
| 2021-06-23 | OS-PAR | annual-return | Appointment at registration of person authorised to represent | |
| 2021-06-23 | OS-PAR | annual-return | Appointment at registration of person authorised to accept service | |
| 2021-06-23 | OS-PAR | annual-return | Appointment at registration of person authorised to represent | |
| 2021-06-23 | OS-PAR | annual-return | Appointment at registration of person authorised to accept service | |
| 2021-06-23 | OSIN01 | incorporation | Register overseas company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- 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.