KRM22 PLC
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Cash
£5.2m
+401.1% highest in 3 filed years
Net assets
£5.1m
+327.1% highest in 3 filed years
Employees
44
-4.3% lowest in 3 filed years
Profit before tax
-£2.1m
-50.2% vs 2024
Net assets
3-year trend · vs Consumer Discretionary 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 | £5,266,000 | £6,769,000 | £7,439,000 | +9.9% | |
| Operating profit | -£4,525,000 | -£880,000 | -£1,586,000 | -80.2% | |
| Profit before tax | -£4,878,000 | -£1,427,000 | -£2,143,000 | -50.2% | |
| Net profit | -£4,619,000 | -£1,294,000 | -£2,026,000 | -56.6% | |
| Cash | £886,000 | £1,035,000 | £5,186,000 | +401.1% | |
| Total assets less current liabilities | £2,950,000 | £1,950,000 | £5,168,000 | +165% | |
| Net assets | -£1,101,000 | -£2,234,000 | £5,074,000 | +327.1% | |
| Equity | -£1,101,000 | -£2,234,000 | £5,074,000 | +327.1% | |
| Average employees | 50 | 46 | 44 | -4.3% | |
| Wages | £3,802,000 | £3,329,000 | £3,510,000 | +5.4% | |
| Directors' remuneration | £601,000 | £567,000 | £591,000 | +4.2% |
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 | -85.9% | -13.0% | -21.3% | |
| Net margin | -87.7% | -19.1% | -27.2% | |
| Return on capital employed | -153.4% | -45.1% | -30.7% | |
| Gearing (liabilities / total assets) | 114.1% | 130.2% | 57.5% | |
| Current ratio | 0.42x | 0.32x | 0.96x | |
| Interest cover | -12.68x | -1.60x | -2.80x |
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
- UK-adopted International Accounting Standards
- Reporting scope
- Consolidated group
- Auditor
- PKF Littlejohn LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“These financial statements have been prepared on the going concern basis. The Directors have reviewed KRM22's going concern position taking into account its current activities, budgeted performance and the factors likely to affect its future development, which are set out in this Annual Report, and include KRM22's objectives, policies and processes for managing its capital, its financial risk management objectives and its exposure to credit and liquidity risks.”
Group structure
- KRM22 PLC · parent
- KRM22 Central Limited 100%
- KRM22 Development Limited 100%
- KRM22 Americas Inc 100%
- KRM22 ProOpticus LLC 100%
- KRM22 Netherlands B V 100%
- Object+ Holding B V 100%
- Object+ B V 100%
- Object+ Financial Services B V 100%
- Object+ Financial Products B V 100%
- Object+ Americas LLC 100%
Significant events
- “Successful £9.2m fundraise completed in November 2025 to repay loan with Trading Technologies International, Inc ("TT"), subsequently making the Company debt free.”
- “Limits Manager application wins Risk Management Solution of the Year at the FOW International Awards 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SUTER, Kim | Secretary | 2019-09-30 | — | — |
| BRODERICK, Alexander Masson | Director | 2018-04-24 | Dec 1962 | Scottish |
| CARTER, Daniel Laurence Murray | Director | 2024-03-07 | Jun 1986 | British |
| JONES, Garry | Director | 2019-04-04 | Jul 1958 | British |
| LLEWELLYN-JONES, Justin Joseph | Director | 2026-01-07 | Mar 1972 | American |
| SPARKE, Stephen Howard | Director | 2019-12-03 | May 1958 | British |
| SUTER, Kim Madoc | Director | 2020-04-02 | Jun 1981 | British |
| TODD, Thomas Keith | Director | 2018-03-02 | Jun 1953 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BACH, Karen | Secretary | 2018-03-02 | 2019-09-30 |
| BACH, Karen | Director | 2018-03-02 | 2020-04-02 |
| CASNER, Stephen Douglas | Director | 2018-03-02 | 2024-03-06 |
| ELLIS, David Arthur | Director | 2018-04-24 | 2019-04-30 |
| OLIFF, Jim | Director | 2018-03-02 | 2019-03-05 |
| REED, Matthew Robert | Director | 2018-04-24 | 2019-12-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ms Karen Bach | Individual | Shares 25–50%, Voting 25–50% | 2018-03-02 | Ceased 2018-04-30 |
| Mr Thomas Keith Todd | Individual | Shares 25–50%, Voting 25–50% | 2018-03-02 | Ceased 2018-04-30 |
Filing timeline
Last 20 of 66 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-07-06 RESOLUTIONS Resolution
- 2025-11-17 RESOLUTIONS Resolution
- 2025-07-15 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-06 | RESOLUTIONS | resolution | Resolution | |
| 2026-07-04 | AA | accounts | Accounts with accounts type group | |
| 2026-03-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-17 | RESOLUTIONS | resolution | Resolution | |
| 2025-11-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-14 | SH01 | capital | Capital allotment shares | |
| 2025-11-10 | SH01 | capital | Capital allotment shares | |
| 2025-07-25 | SH01 | capital | Capital allotment shares | |
| 2025-07-15 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-19 | AA | accounts | Accounts with accounts type group | |
| 2025-03-24 | SH01 | capital | Capital allotment shares | |
| 2025-03-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-15 | SH01 | capital | Capital allotment shares | |
| 2024-10-21 | SH01 | capital | Capital allotment shares | |
| 2024-09-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-08-23 | SH01 | capital | Capital allotment shares | |
| 2024-06-28 | AA | accounts | Accounts with accounts type group | |
| 2024-04-12 | SH01 | capital | Capital allotment shares | |
| 2024-03-08 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 7
- Officers appointed
- 1
- 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.