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Cash

£4.5M

-18.8% vs 2023

Net assets

-£70M

-22.9% lowest in 4 filed years

Employees

117

-0.8% vs 2023

Profit before tax

-£13M

+15.7% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

4-year trend · Δ = latest vs prior filed period · latest reflected 2024-09-29

Metric Trend 2019-09-292020-09-272023-09-242024-09-29 Δ vs prior
Turnover £3,507,000£2,367,000£4,546,000£7,707,000 +69.5%
Operating profit -£5,415,000-£9,766,000-£15,288,000-£12,864,000 +15.9%
Profit before tax -£5,407,000-£9,765,000-£15,305,000-£12,900,000 +15.7%
Net profit -£15,916,000-£12,960,000 +18.6%
Cash £380,000£3,840,000£5,494,000£4,462,000 -18.8%
Total assets less current liabilities -£5,307,000-£13,034,000-£56,540,000-£69,500,000 -22.9%
Net assets -£5,337,000-£13,034,000-£56,540,000-£69,500,000 -22.9%
Equity -£56,540,000-£69,500,000 -22.9%
Average employees 438118117 -0.8%
Wages £6,139,000£6,420,000 +4.6%
Directors' remuneration

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 2019-09-292020-09-272023-09-242024-09-29
Operating margin -154.4%-166.9%
Net margin -168.2%
Current ratio 0.11x0.07x

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 102
Reporting scope
Standalone (parent only)
Auditor
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

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

People

2 active · 7 resigned

Name Role Appointed Born Nationality
FROST, Alexander Stanley Fortescue Director 2018-07-18 Oct 1975 British
LARKIN, Simon Patrick Henry Director 2018-07-18 Nov 1971 British
Show 7 resigned officers
Name Role Appointed Resigned
HAMILTON, Michael Rodney Secretary 2018-04-16 2019-05-19
BARR, Nicola Joan Director 2018-04-16 2018-07-18
DONE, Fred Director 2018-04-16 2018-07-18
KEMP, Mark Director 2019-10-16 2021-05-11
LONGDEN, Steven Director 2018-04-10 2018-04-16
STEBBINGS, Mark Warren Director 2018-04-16 2019-10-16
WILMOTT, Eamonn Director 2018-07-18 2020-01-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Uk Tote Group Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2018-07-18 Active
Tote (Successor Company) Limited Corporate entity Shares 75–100%, Shares 75–100% (as trust), Voting 75–100% 2018-04-10 Ceased 2018-07-18

Filing timeline

Last 20 of 49 total filings

Date Type Category Description
2026-04-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-27 AA accounts Accounts with accounts type full
2025-04-14 CS01 confirmation-statement Confirmation statement with updates PDF
2024-07-08 AA accounts Accounts with accounts type full
2024-04-23 CS01 confirmation-statement Confirmation statement with updates PDF
2023-06-23 AA accounts Accounts with accounts type full
2023-04-21 CS01 confirmation-statement Confirmation statement with updates PDF
2022-06-20 AA accounts Accounts with accounts type small
2022-04-13 CS01 confirmation-statement Confirmation statement with updates PDF
2021-07-29 AAMD accounts Accounts amended with accounts type small
2021-06-09 AA accounts Accounts with accounts type total exemption full PDF
2021-05-12 TM01 officers Termination director company with name termination date PDF
2021-04-09 CS01 confirmation-statement Confirmation statement with updates PDF
2020-10-22 PSC05 persons-with-significant-control Change to a person with significant control PDF
2020-10-22 CH01 officers Change person director company with change date PDF
2020-10-22 CH01 officers Change person director company with change date PDF
2020-10-22 CH01 officers Change person director company with change date PDF
2020-10-22 AD01 address Change registered office address company with date old address new address PDF
2020-04-29 CH01 officers Change person director company with change date PDF
2020-04-29 CH01 officers Change person director company with change date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
1

last 12 months

Capital events
0

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