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Cash

£3.3m

+13.9% vs 2024

Net assets

£23m

+0.2% vs 2024

Employees

88

-1.1% lowest in 4 filed years

Profit before tax

£90k

+250.7% first positive since 2024

Accounts

4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2022-12-312023-12-312024-12-312025-12-31 Δ vs prior
Turnover £73,640,019£63,513,682£79,711,901£73,827,378 -7.4%
Operating profit £7,991,239£2,138,866£1,518,896£3,306,482 +117.7%
Profit before tax £5,921,544-£935,496-£59,570£89,765 +250.7%
Net profit —-£731,405-£89,551£35,044 +139.1%
Cash £6,826,545£1,076,070£2,915,170£3,321,797 +13.9%
Total assets less current liabilities £50,893,949£50,162,544£48,182,993£50,071,531 +3.9%
Net assets £23,857,443£23,126,038£23,036,487£23,071,531 +0.2%
Equity £23,857,443£23,126,038£23,036,487£23,071,531 +0.2%
Average employees 1161048988 -1.1%
Wages £6,833,692£6,560,362£5,440,729£5,727,656 +5.3%
Directors' remuneration —£1,302,157£1,077,704£1,155,162 +7.2%
Directors' pension contributions —£124,721£52,740£62,025 +17.6%
Highest paid director —£407,325£260,421£334,376 +28.4%

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 2022-12-312023-12-312024-12-312025-12-31
Operating margin 10.9%3.4%1.9%4.5%
Net margin —-1.2%-0.1%0.0%
Return on capital employed 15.7%4.3%3.2%6.6%
Gearing (liabilities / total assets) 64.7%70.9%71.5%75.7%
Current ratio —2.69x2.46x2.10x
Interest cover 3.86x0.70x0.96x1.02x

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
Forvis Mazars LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis. The validity of this assumption is dependent upon continuing financial support from the parent company. ... The directors consider there to be no significant uncertainties in respect of preparing the financial statements.”

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

People

4 active · 11 resigned

Name Role Appointed Born Nationality
HOLDER, Michael David Secretary 1994-11-07 — British
HOLDER, Michael David Director 1994-11-07 Jun 1961 British
MORRISSEY, Paul John Director 2002-09-02 Nov 1967 British
STEVENSON, Blaithin Patricia Director 2017-06-16 Mar 1976 British
Show 11 resigned officers
Name Role Appointed Resigned
FAIREY, Susan Madelaine Secretary 1993-04-28 1994-10-26
LONDON LAW SERVICES LIMITED Corporate Nominee Secretary 1993-04-28 1993-04-28
BEBBINGTON, Guy Christian Director 2023-10-01 2026-04-22
BURNS, Ian Austen Director 1994-10-20 2024-06-14
CAUDLE, Julie Elizabeth Director 2021-01-20 2024-07-02
DIELEMAN, Carolanne Christine Director 2021-01-20 2023-06-05
GOUGH, Andrew John Director 2013-10-01 2020-06-09
PARKER, James Thomas Director 2013-10-01 2021-01-20
SHAW, Alison Director 1993-04-28 1994-10-26
TAIT, Sarah Kate Director 2021-01-20 2026-08-01
LONDON LAW SERVICES LIMITED Corporate Nominee Director 1993-04-28 1993-04-28

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Tara Developments Limited Corporate entity Shares 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 471 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-12-16 RESOLUTIONS Resolution
  • 2025-12-16 MA Memorandum articles
  • 2025-12-16 CC04 Statement of companys objects
Date Type Category Description
2026-09-22 AA accounts Accounts with accounts type full
2026-08-25 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-08-05 TM01 officers Termination director company with name termination date PDF
2026-06-22 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-04-23 TM01 officers Termination director company with name termination date PDF
2026-04-22 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-04-21 CS01 confirmation-statement Confirmation statement with updates PDF
2026-01-06 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-12-16 RESOLUTIONS resolution Resolution
2025-12-16 MA incorporation Memorandum articles
2025-12-16 CC04 change-of-constitution Statement of companys objects
2025-12-16 SH10 capital Capital variation of rights attached to shares
2025-10-16 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-10-03 AA accounts Accounts with accounts type full
2025-06-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-05 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-06-05 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-01-15 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-01-15 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-12-23 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
14

last 12 months

Capital events
1

last 24 months

Officers appointed
0

last 12 months

Officers resigned
2

last 12 months

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

Official Companies House page