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Cash

£5.2m

-3.8% lowest in 3 filed years

Net assets

-£18m

-9% lowest in 3 filed years

Employees

Average over period

Profit before tax

-£1.5m

+1.4% highest in 3 filed years

Watchouts

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

Accounts

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

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £254,791£319,806£153,591 -52%
Operating profit -£496,848-£48,693-£115,255 -136.7%
Profit before tax -£1,762,452-£1,489,381-£1,468,927 +1.4%
Net profit -£1,762,452-£1,489,381-£1,468,927 +1.4%
Cash £5,526,527£5,422,652£5,214,087 -3.8%
Total assets less current liabilities £5,380,672£5,331,978£5,216,723 -2.2%
Net assets -£14,832,645-£16,322,026-£17,790,953 -9%
Equity -£14,832,645
Average employees
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 2023-12-312024-12-312025-12-31
Operating margin -195.0%-15.2%-75.0%
Return on capital employed -9.2%-0.9%-2.2%
Gearing (liabilities / total assets) 396.4%435.4%
Current ratio 20.10x31.49x60.09x
Interest cover -0.39x-0.03x-0.09x

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.

Name history

Renamed 1 time since incorporation

  1. FOUDRY PROPERTIES LIMITED 2003-01-21 → present
  2. MOUNTEXTRA LIMITED 2002-10-02 → 2003-01-21

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Sumer Auditco Limited
Audit opinion
Unqualified (clean)
Going concern
Material uncertainty disclosed

“These conditions indicate the existence of a material uncertainty which may cast significant doubt about the Company's ability to continue as a going concern.”

Significant events

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

People

4 active · 31 resigned

Name Role Appointed Born Nationality
GREEN, Simon James Director 2021-09-01 Jul 1982 British
HILLARY, James Joughin Hungerford Director 2026-01-22 Sep 1986 British
O’DONNELL, Paul Director 2024-05-20 Nov 1978 British
PIKE, Nicholas John Director 2024-05-20 Dec 1962 British
Show 31 resigned officers
Name Role Appointed Resigned
BARDEN, Stephen Charles Secretary 2002-10-14 2003-06-18
HUGHES, David Jonathan Secretary 2013-11-29 2022-05-27
LEWINGTON, Heather Lynne Secretary 2003-06-18 2010-04-01
SARSON, Gillian Secretary 2010-04-01 2013-11-29
SWIERGON, Benjamin Michal Secretary 2022-05-27 2024-02-16
SWIFT INCORPORATIONS LIMITED Corporate Nominee Secretary 2002-10-02 2002-10-14
BARDEN, Stephen Charles Director 2002-10-14 2012-12-31
BURNETT, Robert Philip Director 2002-10-14 2010-06-20
CLARK, Piers Benedict, Dr Director 2011-12-19 2014-12-12
COLES, Timothy Peter Director 2019-05-21 2021-08-19
DEARNLEY, Ian Keith Director 2022-05-28 2024-04-26
DUXBURY, John Mark Director 2022-10-12 2025-10-31
ELLIS, Matthew Adrian Director 2020-06-02 2022-10-12
GREY, Margaret Ann Director 2002-10-14 2010-03-31
HILL, Richard Alan Director 2012-12-31 2019-04-30
HUGHES, David Jonathan Director 2019-04-30 2022-05-28
JEFFS, Christopher Edward Director 2019-04-03 2020-02-18
LEDGER, Stuart Neil Director 2010-03-31 2010-03-31
LOWE, Philip John Director 2009-03-25 2013-02-20
MORRIS, David Geoffrey Director 2013-01-18 2019-04-18
PERKINS, Christopher Mark Gordon Director 2003-05-14 2011-12-19
RADLEY, Robert Director 2003-05-14 2009-02-13
ROLLS, Michael Garnet Director 2003-05-14 2004-07-13
SELBY, Marc Adrian Director 2010-06-20 2011-12-19
THEXTON-PEE, Andrew Victor Director 2023-09-28 2024-04-26
TIDY, Robert James Director 2017-02-28 2021-09-01
TULLY, Stephen Frederick Director 2004-04-13 2010-02-28
VASISHTA, Veer Sagar Director 2021-08-19 2023-08-28
WILLIAMS, Michael Peter, Mr. Director 2020-02-18 2020-06-02
INSTANT COMPANIES LIMITED Corporate Nominee Director 2002-10-02 2002-10-14
M&G REAL ESTATE LIMITED Corporate Director 2013-05-14 2017-02-23

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Thames Water Limited Corporate entity Shares 25–50%, Voting 25–50% 2016-04-06 Active

Filing timeline

Last 20 of 135 total filings

Date Type Category Description
2026-07-16 AA accounts Accounts with accounts type full
2026-01-22 AP01 officers Appoint person director company with name date PDF
2025-11-11 TM01 officers Termination director company with name termination date PDF
2025-11-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-16 AA accounts Accounts with accounts type full
2024-12-28 AA accounts Accounts with accounts type full
2024-10-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-05-21 AP01 officers Appoint person director company with name date PDF
2024-05-21 AP01 officers Appoint person director company with name date PDF
2024-05-09 TM01 officers Termination director company with name termination date PDF
2024-05-09 TM01 officers Termination director company with name termination date PDF
2024-02-16 TM02 officers Termination secretary company with name termination date PDF
2023-10-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-16 TM01 officers Termination director company with name termination date PDF
2023-10-16 AP01 officers Appoint person director company with name date PDF
2023-10-12 AA accounts Accounts with accounts type full
2022-11-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-10-20 AP01 officers Appoint person director company with name date PDF
2022-10-20 TM01 officers Termination director company with name termination date PDF
2022-09-01 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
0

last 24 months

Officers appointed
1

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