KINGDOM INITIATIVES LIMITED
Get an alert when KINGDOM INITIATIVES LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-08-21 (in 3mo)
Last made up 2025-08-07
Watchouts
None on the register
Cash
£113K
+34.5% vs 2024
Net assets
£2M
-9.2% vs 2024
Employees
—
Average over period
Profit before tax
£244K
-14.3% first positive since 2022
Net assets
4-year trend · vs Real Estate median
Accounts
4-year trend · latest reflected 2025-03-31
| Metric | Trend | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|
| Turnover | £4,186,000 | £5,723,519 | £6,468,000 | £6,791,946 | |
| Operating profit | £492,000 | £633,692 | £840,000 | £828,198 | |
| Profit before tax | -£48,000 | £3,880 | £285,000 | £244,265 | |
| Net profit | — | — | £241,000 | £288,089 | |
| Cash | £433,000 | £166,000 | £84,000 | £113,000 | |
| Total assets less current liabilities | £25,627,000 | £25,187,000 | £24,980,000 | £18,327,000 | |
| Net assets | £1,983,000 | £1,987,000 | £2,228,000 | £2,023,000 | |
| Equity | £1,983,000 | £1,987,000 | £2,228,000 | £2,023,000 | |
| Average employees | 0 | 0 | — | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | — | £278 | £4,366 |
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 2025-03-31 vs 2024-03-31
-
Turnover
+5%
£6,468,000 £6,791,946
highest in 4 filed years
-
Cash
+34.5%
£84,000 £113,000
-
Net assets
-9.2%
£2,228,000 £2,023,000
-
Employees
—
Not reported
-
Operating profit
-1.4%
£840,000 £828,198
-
Profit before tax
-14.3%
£285,000 £244,265
first positive since 2022
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 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|
| Operating margin | 11.8% | 11.1% | 13.0% | 12.2% | |
| Net margin | — | — | 3.7% | 4.2% | |
| Return on capital employed | 1.9% | 2.5% | 3.4% | 4.5% | |
| Current ratio | — | — | 0.49x | 0.06x | |
| Interest cover | 0.91x | 1.01x | 1.36x | 1.37x |
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
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Board of Directors consider that it is appropriate to prepare the financial statements on the basis of going concern. The latest financial plans have been reviewed and approved by the Board. These plans were prepared using assumptions agreed by the Board and demonstrate that Kl is financially viable with appropriate financial support from KHA, which is in place. The KHA Board has agreed to refinance the £6 million loan that is due to settle in 2025-26. The assumptions used for the long term plans are considered to be appropriate. Stress testing has been performed on the future financial forecasts, as described in the Strategic Report above, the results of which support the conclusion of going concern. Therefore, the Board believe that there are no material uncertainties in respect of going concern.”
Significant events
- “The Kingdom Group planned a comprehensive review and reorganisation (Fit for the Future) to ensure its companies were prepared for future challenges. The resulting revised arrangements were successfully adopted in early 2025/26 and business as usual was maintained.”
- “KHA has provided a loan to Kl amounting to £6 million, which is repayable by regular instalments of interest and a bullet repayment, the last of which falls to be repaid on 1 March 2026. The KHA Board has agreed to refinance this debt and to enter into a new 5-year loan agreement.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARCLAY, Thomas Anderson | Director | 2023-03-20 | Feb 1967 | Scottish |
| CHIN, Gillian, Dr | Director | 2025-02-17 | Nov 1992 | Malaysian |
| FITZGERALD, Michael Philip | Director | 2024-09-09 | Apr 1964 | Scottish |
| MCKENZIE, Lewis | Director | 2025-02-17 | Nov 1987 | Scottish |
| MORDI, Loretta | Director | 2020-06-15 | Nov 1958 | Nigerian |
| SAUNDERS, Andrea | Director | 2021-04-19 | May 1978 | British |
| WEST, Lawrie | Director | 2021-04-19 | Jan 1955 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BANKS, William | Director | 2013-10-01 | 2023-03-21 |
| BOYLE, Elspeth | Director | 2018-10-02 | 2019-11-26 |
| BRAMWELL, Mark Richard | Director | 2025-02-17 | 2026-04-23 |
| CONNELLY, Iain Miller | Director | 2016-10-17 | 2020-06-05 |
| DICKSON, Garry | Director | 2017-09-12 | 2021-09-29 |
| EASTON, Mark Alexander | Director | 2018-09-17 | 2024-11-05 |
| FOTHERINGHAM, Eleanor | Director | 2010-08-19 | 2013-03-01 |
| GRAY, John Douglas | Director | 2010-08-19 | 2013-02-20 |
| HELMORE, Derek | Director | 2015-10-19 | 2024-10-01 |
| LEES, Freya Ann | Director | 2015-11-16 | 2016-10-17 |
| LITTLE, David Alexander | Director | 2011-05-16 | 2019-06-30 |
| MCGUCKIN, Alan Thirsk | Director | 2013-03-01 | 2013-10-01 |
| ROSS, Finlay | Director | 2021-04-19 | 2026-02-02 |
| TOWNS, Eric Ernest | Director | 2014-03-14 | 2016-02-15 |
| WILSON, Stuart James | Director | 2018-09-17 | 2024-08-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Kingdom Housing Association Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence | 2016-06-01 | Active |
Filing timeline
Last 20 of 72 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-24 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-14 | AA | accounts | Accounts with accounts type full | |
| 2025-08-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-21 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-04 | AA | accounts | Accounts with accounts type full | |
| 2024-08-23 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-02 | AAMD | accounts | Accounts amended with accounts type full | |
| 2023-12-20 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-08-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-22 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-22 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-12 | AA | accounts | Accounts with accounts type full | |
| 2022-08-08 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 2
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.