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Cash

Latest balance sheet

Net assets

£61M

EUR 70,062,165

-27.8% vs 2022

Employees

Average over period

Profit before tax

-£16M

EUR -18,271,995

-1,459.4% vs 2022

Accounts

2-year trend · latest reflected 2023-12-31

Metric Trend 2022-12-312023-12-31
Turnover £7,911,811
Operating profit -£1,502,217-£17,082,404
Profit before tax -£1,018,971-£15,890,073
Net profit -£1,018,971-£15,890,073
Cash
Total assets less current liabilities £93,627,636£60,928,919
Net assets £84,355,643£60,928,920
Equity £84,355,643£60,928,920
Average employees
Wages
Directors' remuneration

Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31

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 2022-12-312023-12-31
Return on capital employed -1.6%-28.0%
Current ratio 3.94x

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Audit opinion
Unaudited (audit-exempt)
Going concern
Affirmed

“The Directors have reasonable expectation that the Company will continue in existence for the foreseeable future. The directors are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements on the basis that the shareholder will continue to support the Company to meet maturing obligations for a period of at least 12 months following the 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

4 active · 1 resigned

Name Role Appointed Born Nationality
GLENQ SECRETARIES LIMITED Corporate Secretary 2024-03-20
DEMETZ, Marvin Director 2024-03-20 Oct 1988 Italian
HANNA, Carla Director 2024-03-20 Feb 1977 Lebanese
OBAYDA, Nadeem Moonem Nouri Director 2024-03-20 May 1985 British
Show 1 resigned officer
Name Role Appointed Resigned
VAN HUNNIK, Richard Arie Director 2024-03-20 2024-04-18

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 5 of 5 total filings

Date Type Category Description
2025-02-18 OSTM01 officers Termination person director overseas company with name termination date
2024-12-19 AA accounts Accounts with accounts type full
2024-03-20 OS-PAR annual-return Appointment at registration of person authorised to represent
2024-03-20 OS-PAR annual-return Appointment at registration of person authorised to accept service
2024-03-20 OSIN01 incorporation Register overseas company

Public-record activity

Raw counts from Companies House — last 12–24 months

No filing activity on the register in the last 24 months.

Official Companies House page