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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-08-18 (in 3mo)

Last made up 2025-08-04

Watchouts

None on the register

Cash

£2M

-66% vs 2023

Net assets

£4M

-5.2% vs 2023

Employees

125

-1.6% vs 2023

Profit before tax

-£61K

+93.1% vs 2023

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover £15,152,979£15,324,976
Operating profit -£956,358-£66,460
Profit before tax -£878,726-£60,830
Net profit -£705,814-£241,160
Cash £4,593,069£1,562,138
Total assets less current liabilities £4,887,692£4,617,619
Net assets £4,600,192£4,359,341
Equity £4,600,192£4,359,341
Average employees 127125
Wages £8,368,629£8,282,418
Directors' remuneration £470,050£601,499

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

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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 2023-12-312024-12-31
Operating margin -6.3%-0.4%
Net margin -4.7%-1.6%
Return on capital employed -19.6%-1.4%
Current ratio 2.09x2.14x
Interest cover -28.29x-1.32x

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.

Name history

Renamed 2 times since incorporation

  1. WARACLE LIMITED 2007-12-11 → present
  2. FLEX TECHNICAL LIMITED 2007-10-12 → 2007-12-11
  3. PACIFIC SHELF 1459 LIMITED 2007-06-13 → 2007-10-12

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
RSM UK Audit LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have prepared detailed forecasts which cover a period of at least 12 months from the date of approval of these financial statements. The directors, with reference to these forecasts, contracted work, and strong cash position of the company, believe that the company has adequate resources to continue in operational existence for the foreseeable future and as such adopt the going concern basis of accounting in preparing the 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 · 11 resigned

Name Role Appointed Born Nationality
BURKE, Martin Alexander Director 2015-12-15 Jun 1963 British
CRAIG, John Paterson Director 2019-12-09 Feb 1974 British
DICKIE, Sharon Joy Director 2023-04-28 Jun 1971 British
TUCK, David Alan Director 2024-09-02 Jul 1978 British
Show 11 resigned officers
Name Role Appointed Resigned
ANDERSON, Alan Alexander Secretary 2015-12-15 2019-12-10
DC CONSULTING (SCOTLAND) LIMITED Corporate Secretary 2007-10-09 2011-04-22
MD SECRETARIES LIMITED Corporate Nominee Secretary 2007-06-13 2007-10-09
ANDERSON, Alan Alexander Director 2015-12-15 2024-11-18
KIRKWOOD, Oskar Director 2007-10-09 2009-09-16
MARTIN, Chris John Director 2015-12-15 2024-10-10
MCGLINCHEY, Scott Director 2015-12-15 2024-11-18
ROMILLY, David Director 2010-03-31 2024-10-10
ROMILLY, Michael Director 2007-10-09 2015-12-15
WHARTON, Michael Director 2007-10-09 2015-12-15
MD DIRECTORS LIMITED Corporate Nominee Director 2007-06-13 2007-10-09

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Waracle Holding Company Limited Corporate entity Shares 75–100% 2019-12-10 Active
Exception Mobile Limited Corporate entity Shares 50–75% 2016-08-04 Ceased 2019-12-10
Exception Holdings Ltd Corporate entity Shares 50–75%, Voting 50–75%, Appoints directors 2016-08-04 Ceased 2018-03-20

Filing timeline

Last 20 of 103 total filings

Date Type Category Description
2025-09-09 466(Scot) mortgage Mortgage alter floating charge with number
2025-08-28 MR04 mortgage Mortgage satisfy charge full
2025-08-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-10 AA accounts Accounts with accounts type full
2025-05-08 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-11-19 TM01 officers Termination director company with name termination date PDF
2024-11-19 TM01 officers Termination director company with name termination date PDF
2024-10-23 TM01 officers Termination director company with name termination date PDF
2024-10-23 TM01 officers Termination director company with name termination date PDF
2024-09-30 AA accounts Accounts with accounts type full
2024-09-03 AP01 officers Appoint person director company with name date PDF
2024-08-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-18 CH01 officers Change person director company with change date PDF
2024-07-18 CH01 officers Change person director company with change date PDF
2024-06-11 AD01 address Change registered office address company with date old address new address PDF
2024-06-11 AD01 address Change registered office address company with date old address new address PDF
2023-09-25 AA accounts Accounts with accounts type full
2023-08-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-05-01 AP01 officers Appoint person director company with name date PDF
2022-08-08 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
0

last 24 months

Officers appointed
0

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