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Cash

Latest balance sheet

Net assets

-£13M

-140.2% lowest in 3 filed years

Employees

10

-50% lowest in 3 filed years

Profit before tax

-£8.1M

-45% lowest 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 2025-09-30

Metric Trend 2023-09-302024-09-302025-09-30 Δ vs prior
Turnover £10,691,000£8,008,000£3,130,000 -60.9%
Operating profit -£3,709,000-£5,548,000-£7,268,000 -31%
Profit before tax -£5,089,000-£5,556,000-£8,056,000 -45%
Net profit -£5,452,000-£5,555,000-£7,559,000 -36.1%
Cash £292,000£439,000
Total assets less current liabilities £3,093,000£1,569,000-£12,949,000 -925.3%
Net assets £165,000-£5,390,000-£12,949,000 -140.2%
Equity £165,000-£5,390,000-£12,949,000 -140.2%
Average employees 1,5502010 -50%
Wages £1,550,000£992,000£749,000 -24.5%
Directors' remuneration £255,000£117,000 -54.1%

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 2023-09-302024-09-302025-09-30
Operating margin -34.7%-69.3%
Net margin -51.0%-69.4%
Return on capital employed -119.9%-353.6%
Gearing (liabilities / total assets) 99.1%126.9%
Current ratio 1.69x1.23x0.03x
Interest cover -0.95x-15.81x-10.21x

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 101 Reduced Disclosure Framework
Reporting scope
Standalone (parent only)
Auditor
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Not a going concern (break-up basis)

“Following the transfer of its trade and assets to Nuseed Global Innovation Limited on 1st October 2025, the Company has ceased trading and will not undertake any new business. Therefore, the Directors do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than that of a going concern.”

Group structure

  1. NUSEED EUROPE LTD · parent
    1. Nuseed Ukraine LLC 99% · Ukraine · Sale and distribution of industrial supplies
    2. Nuseed Russia LLC · Russia · Sale and distribution of industrial supplies
    3. Nuseed Serbia D.o.o 100% · Serbia · Scientific research and development in natural and technical-technology sciences

Significant events

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

People

4 active · 7 resigned

Name Role Appointed Born Nationality
STEPHENSON, Ashley James Secretary 2023-09-01
BARKHOUSE, Nicholas James Director 2023-09-01 May 1963 British,Australian
GRUNDY, Damien Paul Director 2023-09-01 Dec 1972 British
PARTINGTON, Michael Director 2023-08-01 Dec 1976 British
Show 7 resigned officers
Name Role Appointed Resigned
BARBER, Gary Anthony Secretary 2013-08-02 2015-02-09
GRUNDY, Damien Secretary 2015-02-09 2023-09-01
BARBER, Gary Anthony Director 2013-08-02 2023-09-01
JAVRA, Brent John Director 2019-08-23 2023-09-01
THOMAS, Andrew Bruce Director 2013-08-02 2019-08-23
ZACHARIAS, Brent Evan Director 2023-09-01 2026-03-31
ZACHARIAS, Brent Evan Director 2013-08-02 2023-09-01

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Nuseed Europe Holding Company Ltd Corporate entity Shares 75–100%, Voting 75–100% 2016-09-12 Active

Filing timeline

Last 20 of 64 total filings

Date Type Category Description
2026-06-21 AA accounts Accounts with accounts type full
2026-04-21 TM01 officers Termination director company with name termination date PDF
2025-08-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-04-25 AA accounts Accounts with accounts type full
2024-09-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-02 AD01 address Change registered office address company with date old address new address PDF
2024-04-17 AA accounts Accounts with accounts type full
2024-03-26 AP01 officers Appoint person director company with name date PDF
2023-10-24 TM01 officers Termination director company with name termination date
2023-10-17 TM01 officers Termination director company with name termination date PDF
2023-10-17 AP01 officers Appoint person director company with name date PDF
2023-10-16 AP01 officers Appoint person director company with name date PDF
2023-10-13 AP01 officers Appoint person director company with name date PDF
2023-10-05 TM01 officers Termination director company with name termination date
2023-09-29 CS01 confirmation-statement Confirmation statement with updates PDF
2023-09-23 AP03 officers Appoint person secretary company with name date
2023-09-21 TM02 officers Termination secretary company with name termination date
2023-09-20 SH01 capital Capital allotment shares PDF
2023-07-13 AA accounts Accounts with accounts type full
2023-05-03 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
0

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