COMPASS NEWCO LIMITED

• ⚠

  Confirmation statement overdue

  Due 2026-05-20.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

• Turnover

  -14.2%

  £49,369,863 → £42,349,409

• Cash

  +72%

  £9,492,112 → £16,326,925

• Net assets

  +20.6%

  £11,181,975 → £13,489,503

• Employees

  -2.9%

  171 → 166

• Operating profit

  -11.4%

  £3,957,233 → £3,506,363

• Profit before tax

  -5.2%

  £4,311,974 → £4,085,858

• Wages

  +4.7%

  £7,863,062 → £8,231,921

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. COMPASS NEWCO LIMITED · parent
   1. Compass Building and Construction Services Limited 100% · Scotland · General building and contracting services
   2. Orbis Services Limited 80% · Scotland · Provision of plumbing and electrical services

Significant events

• “Subsequent to the year end dividends of £525,536 were declared to shareholders, of which £282,882 remains unpaid.”
• “After the reporting date, the Parent Company established an Employee Ownership Trust for the benefit of the Group's employees.”
• “In November 2025 this newly established Trust, Combaist Limited, acquired a controlling interest in the Parent Company from existing shareholders. Following this, a £10m distribution was made to Combaist Limited. The group continues to operate under the same management structure and business activities.”

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

Filings

11

last 12 months

Capital events

2

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.