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Cash

—

Latest balance sheet

Net assets

-£82m

-24.9% lowest in 3 filed years

Employees

0

Average over period

Profit before tax

-£16m

+50.7% vs 2024

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 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover ——— —
Operating profit £37,029,707£11,685,495£11,361,596 -2.8%
Profit before tax £11,394,898-£33,217,240-£16,375,240 +50.7%
Net profit £11,394,898-£33,217,240-£16,375,240 +50.7%
Cash ——— —
Total assets less current liabilities £205,163,058£184,929,849£182,129,425 -1.5%
Net assets -£32,530,600-£65,747,840-£82,123,080 -24.9%
Equity -£32,530,600-£65,747,840-£82,123,080 -24.9%
Average employees 000 —
Wages ——— —
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 2023-12-312024-12-312025-12-31
Return on capital employed 18.0%6.3%6.2%
Gearing (liabilities / total assets) 115.3%134.1%143.2%
Interest cover 1.45x0.43x0.40x

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
Consolidated group
Auditor
KPMG Audit Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“On the basis of the assessment performed, the Directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for a period of twelve months from the date of signing of the consolidated financial statements.”

Group structure

  1. COBALTO HOLDINGS 5 LIMITED · parent
    1. Cobalto Holdings 6 Limited 100% · United Kingdom · Investment holding
    2. Cobalto UK Bidco Limited 100% · United Kingdom · Investment holding

Significant events

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

People

4 active · 2 resigned

Name Role Appointed Born Nationality
SALTGATE (UK) LIMITED Corporate Secretary 2019-09-11 — —
SEKWALOR, Genevieve Ogbo Director 2025-03-17 Sep 1988 British
VISSER, Thomas Johan Constantijn Director 2021-09-30 Jul 1990 Dutch
WRIGHT, Gemma Elizabeth, Ms. Director 2019-03-25 Nov 1983 British
Show 2 resigned officers
Name Role Appointed Resigned
JAGOE, Luke Taylor Director 2019-11-28 2021-09-30
WELLS, David William Director 2019-03-25 2025-03-17

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Cvc Capital Partners Plc Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2024-06-06 Active
Cobalto Holdings 4 Limited Corporate entity Shares 75–100%, Voting 75–100% 2019-03-25 Ceased 2019-03-29

Filing timeline

Last 20 of 43 total filings

Date Type Category Description
2026-10-02 AA accounts Accounts with accounts type group
2026-06-18 SH01 capital Capital allotment shares PDF
2026-04-01 CS01 confirmation-statement Confirmation statement with updates PDF
2026-03-27 SH01 capital Capital allotment shares PDF
2026-02-18 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2026-02-18 PSC09 persons-with-significant-control Withdrawal of a person with significant control statement PDF
2025-10-07 AA accounts Accounts with accounts type group
2025-04-24 CH01 officers Change person director company with change date PDF
2025-04-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-21 TM01 officers Termination director company with name termination date PDF
2025-03-21 AP01 officers Appoint person director company with name date PDF
2024-10-15 AA accounts Accounts with accounts type group
2024-04-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-12 AA accounts Accounts with accounts type group
2023-04-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-04-20 RP04CS01 confirmation-statement Second filing of confirmation statement with made up date PDF
2023-04-11 RP04SH01 capital Second filing capital allotment shares PDF
2022-11-15 CH04 officers Change corporate secretary company with change date PDF
2022-11-14 AD01 address Change registered office address company with date old address new address PDF
2022-11-14 AD01 address Change registered office address company with date old address new address PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
7

last 12 months

Capital events
2

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