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Cash

£35m

Latest balance sheet

Net assets

£372m

lowest in 4 filed years

Employees

Average over period

Profit before tax

£17m

Period ending 2026-05-31

Accounts

4-year trend · Δ = latest vs prior filed period · latest reflected 2026-05-31

Metric Trend 2024-11-302025-05-312025-11-302026-05-31 Δ vs prior
Turnover £11,539,000£16,172,000£6,437,000
Operating profit £170,221,000£26,358,000£59,656,000£18,044,000
Profit before tax £166,226,000£24,202,000£56,148,000£17,131,000
Net profit £164,575,000£23,010,000£16,659,000
Cash £28,178,000£62,254,000£13,665,000£35,373,000
Total assets less current liabilities £694,009,000£646,091,000£376,459,000£372,003,000
Net assets £629,678,000£645,524,000£376,292,000£372,003,000
Equity £629,678,000£645,524,000£376,292,000£372,003,000
Average employees
Wages
Directors' remuneration £142,000£149,000

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 . Year-on-year comparison hidden: this filing covers about 6 months versus 12 months prior. About these numbers

Ratios

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

Ratio Trend 2024-11-302025-05-312025-11-302026-05-31
Net margin 199.4%
Return on capital employed 24.5%4.1%15.8%4.9%
Gearing (liabilities / total assets) 11.5%11.3%11.7%10.8%
Current ratio 2.92x0.96x0.48x0.90x
Interest cover 42.61x12.23x17.01x19.76x

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
UK-adopted International Accounting Standards
Reporting scope
Standalone (parent only)
Audit opinion
Unaudited (audit-exempt)
Going concern
Affirmed

“As detailed in the notes to the financial statements, the Board continually monitors the financial position of the Company and has undertaken stress-testing and analysis in determining the appropriateness of preparing the Financial Statements on a going concern basis. Having carried out the testing, the Directors are satisfied that it is appropriate to continue to adopt the going concern basis in preparing the Company's Financial Statements.”

Significant events

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

People

5 active · 6 resigned

Name Role Appointed Born Nationality
POLAR CAPITAL SECRETARIAL SERVICES LIMITED Corporate Secretary 2013-05-17
ARNOTT, Susan Director 2022-12-01 Sep 1972 British
CORDERY, Simon John Director 2019-07-01 Jul 1962 British
HENDERSON, Angela Dawn Director 2022-12-01 Oct 1968 British
MCANULTY, Cecilia Ann Director 2021-11-01 Feb 1963 British
Show 6 resigned officers
Name Role Appointed Resigned
ELLIOTT, Joanne Lesley Director 2013-06-07 2022-04-07
HART, Katrina Harriet Director 2013-06-07 2022-12-01
KYPRANOU, Robert Director 2013-06-07 2013-06-07
KYPRIANOU, Robert Director 2013-06-07 2023-04-05
MANSELL, John Bradbury Director 2013-05-17 2013-06-07
TAYLOR, Neil Philip Director 2013-05-17 2013-06-07

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 344 total filings

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

  • 2026-04-18 RESOLUTIONS Resolution
Date Type Category Description
2026-07-25 AA accounts Accounts with accounts type interim
2026-07-24 SH03 capital Capital return purchase own shares treasury capital date
2026-07-14 SH03 capital Capital return purchase own shares treasury capital date
2026-07-03 SH03 capital Capital return purchase own shares treasury capital date
2026-07-01 SH03 capital Capital return purchase own shares treasury capital date
2026-07-01 SH03 capital Capital return purchase own shares treasury capital date
2026-06-23 SH03 capital Capital return purchase own shares treasury capital date
2026-06-19 SH03 capital Capital return purchase own shares treasury capital date
2026-06-17 SH03 capital Capital return purchase own shares treasury capital date
2026-06-02 SH03 capital Capital return purchase own shares treasury capital date
2026-05-21 SH03 capital Capital return purchase own shares treasury capital date
2026-05-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-05-11 SH03 capital Capital return purchase own shares treasury capital date
2026-05-11 SH03 capital Capital return purchase own shares treasury capital date
2026-05-06 SH03 capital Capital return purchase own shares treasury capital date
2026-04-18 RESOLUTIONS resolution Resolution
2026-04-16 SH03 capital Capital return purchase own shares treasury capital date
2026-04-13 AA accounts Accounts with accounts type full
2026-03-12 SH03 capital Capital return purchase own shares treasury capital date
2026-01-27 SH03 capital Capital return purchase own shares treasury capital date

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
20

last 12 months

Capital events
16

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