STAKEHOLDER DEMOCRACY NETWORK
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Cash
£78K
-90.8% vs 2023
Net assets
£54K
-77.5% vs 2023
Employees
26
-7.1% vs 2023
Profit before tax
-£187K
-638.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2026-04-30.
-
Confirmation statement overdue
Due 2026-05-31.
-
Going-concern uncertainty disclosed
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-04-30
| Metric | Trend | 2023-04-30 | 2024-04-30 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £1,079,872 | £875,305 | -18.9% | |
| Operating profit | — | — | — | |
| Profit before tax | £34,696 | -£186,958 | -638.8% | |
| Net profit | £34,696 | -£186,958 | -638.8% | |
| Cash | £853,028 | £78,078 | -90.8% | |
| Total assets less current liabilities | — | — | — | |
| Net assets | £241,339 | £54,381 | -77.5% | |
| Equity | £241,339 | £54,381 | -77.5% | |
| Average employees | 28 | 26 | -7.1% | |
| Wages | £315,202 | £295,832 | -6.1% | |
| Directors' remuneration | £0 | £0 | — |
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 | 2023-04-30 | 2024-04-30 |
|---|---|---|---|
| Net margin | 3.2% | -21.4% | |
| Current ratio | 1.34x | 1.39x |
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
- Consolidated group
- Auditor
- SCB (Accountants) Ltd
- Audit opinion
- Unqualified (clean)
Group structure
- STAKEHOLDER DEMOCRACY NETWORK · parent
- Niger Delta Stakeholders Initiative for Community Development and Empowerments
Significant events
- “This fiscal year had some significant economic challenges that had the potential to affect our work due to high inflation rates which affected the project budgets and made it mandatory to revise our workplans and even project strategies.”
- “the political battles in Rivers state, specifically between the former Governor and now FCT Minister, Barrister Nyesom Wike and his successor, Governor Siminalayi Fubara affected the security situation and consequently governance as Commissioners loyal to Wike kept resigning while there were deliberate efforts by others within the government to undermine the authority of the Governor.”
- “With a new administration sworn-in on May 29th, 2023, efforts were made by SDN to engage with the 10th National Assembly since one of our key projects required that we seek amendments to the Petroleum Industry Act and include new provisions on the divestment of assets by international oil companies and also the Host Community Development Trust process.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ANIKPO, Mark, Prof. | Director | 2018-11-23 | May 1945 | Nigerian |
| D'ANGELO, Josephine | Director | 2006-12-14 | Nov 1946 | British |
| DON PEDRO, Ibiba | Director | 2018-11-23 | Jan 1964 | Nigerian |
| EKPERI, Rowland Jacob | Director | 2018-11-23 | Feb 1955 | Nigerian |
| PEARSON, Donald Mark | Director | 2019-05-28 | Nov 1953 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CONCANNON, Timothy | Secretary | 2004-04-14 | 2006-12-14 |
| CROFT, Joseph Andrew Hurst | Secretary | 2006-12-20 | 2018-12-31 |
| HEAL, Adam Philip | Secretary | 2023-08-01 | 2025-01-30 |
| INGLE, Brian Keith | Secretary | 2019-01-01 | 2020-11-20 |
| LAING, Calvin Albert | Secretary | 2020-11-20 | 2023-07-31 |
| CONCANNON, Timothy | Director | 2004-04-14 | 2006-12-18 |
| FRANKLIN, Jamie Dee | Director | 2004-04-14 | 2004-06-29 |
| HOLLIDAY, Alan Paul | Director | 2018-11-23 | 2021-01-10 |
| HURST-CROFT, Joseph Andrew | Director | 2018-11-23 | 2023-04-21 |
| MOSLEY, Jason Michael | Director | 2006-12-14 | 2017-11-24 |
| NEKAITAR, Marc | Director | 2017-05-04 | 2018-11-12 |
| NEWSOM, Christopher | Director | 2004-06-29 | 2006-12-14 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 87 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-19 | CH01 | officers | Change person director company with change date | |
| 2025-06-16 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-05-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-07 | AA | accounts | Accounts with accounts type group | |
| 2025-01-31 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-05-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-06 | AA | accounts | Accounts with accounts type group | |
| 2023-08-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-08-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-05-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-27 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-06 | AA | accounts | Accounts with accounts type group | |
| 2022-05-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-06 | AA | accounts | Accounts with accounts type group | |
| 2021-05-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-05-10 | AA | accounts | Accounts with accounts type group | |
| 2021-04-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-02-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-01-20 | TM01 | officers | Termination director company with name termination date | |
| 2020-11-24 | AP03 | officers | Appoint person secretary company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.