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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-10-27 (in 5mo)

Last made up 2025-10-13

Watchouts

1 item

Cash

Latest balance sheet

Net assets

£4M

-19.4% vs 2023

Employees

22

-4.3% vs 2023

Profit before tax

-£1M

-182.3% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover £3,914,246£4,865,729
Operating profit £1,259,283-£1,259,171
Profit before tax £1,352,467-£1,113,202
Net profit £1,188,904-£1,039,725
Cash
Total assets less current liabilities
Net assets £5,355,654£4,315,929
Equity £5,355,654£4,315,929
Average employees 2322
Wages £2,302,531£2,367,196
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

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 32.2%-25.9%
Net margin 30.4%-21.4%
Current ratio 6.18x3.65x

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 101
Reporting scope
Standalone (parent only)
Auditor
Ernst & Young
Audit opinion
Unqualified (clean)
Going concern
Material uncertainty disclosed

“The financial statements have not been prepared on a going concern basis. Instead they have been prepared on a break-up basis reflecting the cessation of its research and development activities during the year and the Directors' decision to wind down operations. The Directors do not expect the company to continue trading and expect to strike off the company within twelve months of the date of approval of 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

2 active · 7 resigned

Name Role Appointed Born Nationality
BERRY JR, William Edward Director 2020-12-31 Jul 1965 American
MILLS, Robert Andrew Nathan Director 2024-12-31 May 1977 British
Show 7 resigned officers
Name Role Appointed Resigned
PINSENT MASONS SECRETARIAL LIMITED Corporate Secretary 2019-10-14 2022-11-11
AFFLITTO, Richard Michael Director 2023-06-29 2024-12-31
BEAN, Paul Director 2020-12-31 2023-09-28
BENSEN, Roman Director 2019-10-14 2020-12-31
DELEVIC, Ivan Director 2019-12-19 2020-12-31
LEO, John Francis Director 2019-12-19 2020-12-31
TROUSDALE, Jonathan Director 2019-12-19 2020-12-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Stryker Corporation Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2020-12-31 Active
Mclaren Applied Limited Corporate entity Shares 25–50%, Voting 25–50% 2019-12-19 Ceased 2020-12-31

Filing timeline

Last 20 of 45 total filings

Date Type Category Description
2025-10-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-08 AA accounts Accounts with accounts type full
2024-12-31 AP01 officers Appoint person director company with name date PDF
2024-12-31 TM01 officers Termination director company with name termination date PDF
2024-11-05 AD01 address Change registered office address company with date old address new address PDF
2024-10-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-06-13 AA accounts Accounts with accounts type full
2023-10-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-11 TM01 officers Termination director company with name termination date PDF
2023-09-05 AA accounts Accounts with accounts type full
2023-07-14 AP01 officers Appoint person director company with name date PDF
2023-06-13 AD01 address Change registered office address company with date old address new address PDF
2023-06-02 TM02 officers Termination secretary company with name termination date PDF
2023-02-28 AA accounts Accounts with accounts type full
2022-10-31 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-12-13 AA accounts Accounts with accounts type full
2021-11-10 CS01 confirmation-statement Confirmation statement with updates PDF
2021-07-06 AP01 officers Appoint person director company with name date PDF
2021-06-28 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2021-06-28 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

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