SUM AND SUBSTANCE LTD
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Cash
£1.6m
-21.9% lowest in 3 filed years
Net assets
£6.8m
+34.1% highest in 3 filed years
Employees
58
-33.3% lowest in 3 filed years
Profit before tax
£2.3m
-6.3% vs 2024
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £44,184,319 | £67,234,455 | £48,792,518 | -27.4% | |
| Operating profit | £1,701,444 | £2,463,689 | £2,250,505 | -8.7% | |
| Profit before tax | £1,702,782 | £2,467,179 | £2,312,521 | -6.3% | |
| Net profit | £1,320,184 | £1,836,575 | £1,718,538 | -6.4% | |
| Cash | £2,007,815 | £2,087,922 | £1,630,543 | -21.9% | |
| Total assets less current liabilities | £3,206,239 | £5,042,814 | £6,761,352 | +34.1% | |
| Net assets | £3,206,239 | £5,042,814 | £6,761,352 | +34.1% | |
| Equity | £3,206,239 | £5,042,814 | £6,761,352 | +34.1% | |
| Average employees | 134 | 87 | 58 | -33.3% | |
| Wages | £4,875,843 | £4,600,189 | £4,883,101 | +6.2% | |
| 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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 3.9% | 3.7% | 4.6% | |
| Net margin | 3.0% | 2.7% | 3.5% | |
| Return on capital employed | 53.1% | 48.9% | 33.3% | |
| Gearing (liabilities / total assets) | 65.6% | 51.1% | 43.2% | |
| Current ratio | 1.52x | 1.95x | 2.31x |
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
- RSM Ireland Business Advisory Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the above assessments and available information, the Director is confident that the Company is not subject to any material going concern risks, and the financial statements have been prepared on a going concern basis.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SEVER (SEVERIUKHIN), Yakov | Director | 2015-07-16 | Jun 1986 | Israeli |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr. Peter Sever (Severiukhin) | Individual | Significant influence | 2024-05-24 | Active |
| Mr. Yakov Sever (Severiukhin) | Individual | Significant influence | 2024-05-24 | Active |
| Mr. Andrey Severyukhin | Individual | Significant influence | 2024-05-24 | Active |
| Raritex Trade Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-04-18 | Ceased 2023-10-02 |
| Mr Yakov Sever | Individual | Shares 75–100% | 2016-04-06 | Ceased 2019-04-18 |
Filing timeline
Last 20 of 45 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-11 | AA | accounts | Accounts with accounts type full | |
| 2026-04-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-24 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-07-14 | AUD | auditors | Auditors resignation company | |
| 2025-04-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-24 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-04-24 | CH01 | officers | Change person director company with change date | |
| 2024-10-02 | AA | accounts | Accounts with accounts type full | |
| 2024-05-24 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-05-24 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-05-24 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-05-24 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2024-04-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-22 | CH01 | officers | Change person director company with change date | |
| 2023-10-17 | AA | accounts | Accounts with accounts type full | |
| 2023-10-03 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2023-10-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-04-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-27 | AA | accounts | Accounts with accounts type total exemption full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.