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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-03-15 (in 10mo)

Last made up 2026-03-01

Watchouts

None on the register

Cash

£244K

USD 327,000

-21.6% vs 2023

Net assets

£277K

USD 370,000

+35% vs 2023

Employees

37

0% vs 2023

Profit before tax

£72K

USD 96,000

+220% first positive since 2022

Accounts

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

Metric Trend 2020-12-312021-12-312022-12-312023-12-312024-12-31
Turnover £5,106,360£6,697,079£5,043,732£5,771,100
Operating profit £386,500-£7,357£21,679£72,513
Profit before tax £382,623-£12,339£22,427£71,765
Net profit £22,427£71,765
Cash £849,872£207,335£311,729£244,449
Total assets less current liabilities £340,303£243,867
Net assets £1£340,303£243,867£204,829£276,594
Equity £1£340,303£243,867£204,829£276,594
Average employees 37383737
Wages £1,202,811£1,204,306
Directors' remuneration

Figures converted to GBP from USD at 0.748 per USD (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

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 2020-12-312021-12-312022-12-312023-12-312024-12-31
Operating margin 7.6%-0.1%0.4%1.3%
Net margin 0.4%1.2%
Return on capital employed 113.6%-3.0%
Interest cover 99.69x-1.48x3.63x10.78x

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
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have assessed, based on the anticipated activities of the Company, that there are adequate resources in place to meet the ongoing costs of the business for the period to 31 December 2026, which is a minimum of 12 months from the date of signing 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 · 1 resigned

Name Role Appointed Born Nationality
BATESON, John Paul Director 2020-03-05 Sep 1973 British,Australian
DUTHIE, William James Director 2020-03-05 Apr 1988 British
Show 1 resigned officer
Name Role Appointed Resigned
ROUGIER, Regis Director 2020-03-05 2025-01-14

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Altera Infrastructure Fso Holdings Limited Corporate entity Shares 75–100%, voting-rights-75-to-100-percent-as-trust, Appoints directors 2023-01-06 Active
Brookfield Asset Management Inc. Corporate entity Shares 25–50%, Voting 25–50%, Appoints directors 2020-03-05 Ceased 2023-01-06

Filing timeline

Last 20 of 43 total filings

Date Type Category Description
2026-03-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-01-07 AA accounts Accounts with accounts type full
2025-04-29 AA accounts Accounts with accounts type full
2025-03-05 CS01 confirmation-statement Confirmation statement with updates PDF
2025-01-14 TM01 officers Termination director company with name termination date PDF
2024-04-18 AAMD accounts Accounts amended with accounts type full
2024-04-05 MR04 mortgage Mortgage satisfy charge full PDF
2024-04-05 MR04 mortgage Mortgage satisfy charge full PDF
2024-03-26 AA accounts Accounts with accounts type total exemption full PDF
2024-03-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-07-19 AD01 address Change registered office address company with date old address new address PDF
2023-03-01 CS01 confirmation-statement Confirmation statement with updates PDF
2023-01-16 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2023-01-16 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2023-01-13 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2023-01-13 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2023-01-12 AA accounts Accounts with accounts type full
2023-01-10 MR04 mortgage Mortgage satisfy charge full
2023-01-10 MR04 mortgage Mortgage satisfy charge full
2023-01-10 MR04 mortgage Mortgage satisfy charge full

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