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Cash

£549k

+34.8% highest in 3 filed years

Net assets

£674k

-20.2% first positive since 2023

Employees

6

+50% highest in 4 filed years

Profit before tax

-£170k

-168% lowest in 3 filed years

Accounts

4-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric Trend 2023-03-312024-03-312025-03-312026-03-31 Δ vs prior
Total income —£608,488£536,239£542 -99.9%
Operating profit —£593,905£250,039-£170,230 -168.1%
Profit before tax —£593,905£250,478-£170,230 -168%
Net profit —£593,905£250,478-£170,230 -168%
Cash —£256,151£407,308£549,187 +34.8%
Total assets less current liabilities —£593,905£844,383£674,153 -20.2%
Net assets £0£593,905£844,383£674,153 -20.2%
Equity —£593,905£844,383£674,153 -20.2%
Average employees 0446 +50%
Wages ———— —
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. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-03-312024-03-312025-03-312026-03-31
Operating margin —97.6%46.6%—
Net margin —97.6%46.7%—
Return on capital employed —100.0%29.6%-25.3%
Gearing (liabilities / total assets) —12.9%8.2%8.3%
Current ratio —7.73x12.02x11.71x

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis
FRS 102 §1A
Reporting scope
Standalone (parent only)
Auditor
Saffery LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“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 company’s ability to continue as a going concern for a period of at least twelve months from when...”

Significant events

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

People

10 active · 9 resigned

Name Role Appointed Born Nationality
BROWNE, Donald Iain Sinclair Director 2022-06-16 Apr 1961 British
CAMPBELL, Alexander George Director 2024-04-30 Oct 1960 British
COBBAN, Ian George Director 2025-10-08 Aug 1964 British
HAYAKAWA, Yoshihiro Director 2025-10-08 Oct 1967 Japanese
MACKENZIE, Gavin Director 2025-07-04 Aug 1968 British
MACLEOD, Malcolm Director 2023-03-16 Oct 1971 Scottish
NAIRN, Victoria Anne Director 2024-06-13 Aug 1967 British
PARRY, Amy Helen Director 2024-12-20 Jun 1988 British
SMITH, James Isaac Director 2023-04-01 Mar 1962 British
WILSON, Alison Margaret Director 2026-06-01 Nov 1970 British
Show 9 resigned officers
Name Role Appointed Resigned
BREMNER, Raymond David, Councillor Director 2022-06-16 2023-03-16
BUSKIE, Robert Alexander Director 2022-06-16 2024-04-30
GILLIES, Lewis Alan Director 2023-12-12 2025-08-20
MACGREGOR, Roy Director 2022-06-16 2025-08-20
MACPHERSON, Calum Iain Director 2023-12-12 2026-06-13
MACRAE, Donald James Renwick Director 2023-05-18 2025-04-30
NAIRN, Victoria Anne Director 2022-12-02 2023-02-28
SENDALL, Roger James Director 2023-02-28 2024-10-09
VANDERHOVEN, Jennifer Clare, Dr Director 2022-06-16 2022-06-16

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Global Energy (Holdings) Limited Corporate entity Voting 25–50% 2022-06-16 Ceased 2023-01-17
University Of The Highlands And Islands Corporate entity Voting 25–50% 2022-06-16 Ceased 2023-01-17

Filing timeline

Last 20 of 54 total filings

Date Type Category Description
2026-09-29 AA accounts Accounts with accounts type full PDF
2026-06-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-06-18 AP01 officers Appoint person director company with name date PDF
2026-06-18 TM01 officers Termination director company with name termination date PDF
2025-11-07 AA accounts Accounts with accounts type full PDF
2025-10-13 AP01 officers Appoint person director company with name date PDF
2025-10-13 AP01 officers Appoint person director company with name date PDF
2025-08-20 TM01 officers Termination director company with name termination date PDF
2025-08-20 TM01 officers Termination director company with name termination date PDF
2025-07-04 AP01 officers Appoint person director company with name date PDF
2025-06-23 CH01 officers Change person director company with change date PDF
2025-06-20 CH01 officers Change person director company with change date PDF
2025-06-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-20 CH01 officers Change person director company with change date PDF
2025-06-20 CH01 officers Change person director company with change date PDF
2025-06-20 CH01 officers Change person director company with change date PDF
2025-06-20 CH01 officers Change person director company with change date PDF
2025-04-30 TM01 officers Termination director company with name termination date PDF
2024-12-23 AA accounts Accounts with accounts type full PDF
2024-12-20 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
7

last 12 months

Capital events
0

last 24 months

Officers appointed
3

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page