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Cash

£1.2m

-15.9% vs 2024

Net assets

£16m

-2.1% vs 2024

Employees

3

-25% lowest in 3 filed years

Profit before tax

-£1.3m

-129.9% vs 2024

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 £7,957,599£9,219,564£9,592,072 +4%
Operating profit -£1,993,822£8,905,400£1,719,682 -80.7%
Profit before tax -£6,442,151£4,329,982-£1,293,014 -129.9%
Net profit -£6,032,251£4,274,805-£343,805 -108%
Cash £829,882£1,439,014£1,210,298 -15.9%
Total assets less current liabilities —£97,805,369£94,201,744 -3.7%
Net assets £12,076,672£16,351,477£16,007,672 -2.1%
Equity £12,076,672£16,351,477£16,007,672 -2.1%
Average employees 443 -25%
Wages £590,292£537,789£331,279 -38.4%
Directors' remuneration £41,823£38,149£45,830 +20.1%

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 2023-12-312024-12-312025-12-31
Operating margin -25.1%96.6%17.9%
Net margin -75.8%46.4%-3.6%
Return on capital employed —9.1%1.8%
Gearing (liabilities / total assets) 90.1%86.4%83.9%
Current ratio 0.11x1.66x4.22x
Interest cover -0.45x1.95x0.57x

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

“The directors have at the time of approving the financial statements, a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

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

People

2 active · 2 resigned

Name Role Appointed Born Nationality
DE LUSSU, Renato Luigi Romolo Director 2020-02-13 Oct 1969 Italian
SPALDING, David John Director 2021-04-14 May 1973 British
Show 2 resigned officers
Name Role Appointed Resigned
DELAVAL, Sebastien Jean Armand Director 2024-04-01 2026-07-17
GRIFFITHS, Ian Lloyd Director 2021-04-14 2024-04-01

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Akiem Holding Sas Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2020-02-13 Ceased 2020-02-13

Filing timeline

Last 20 of 30 total filings

Date Type Category Description
2026-09-03 AA accounts Accounts with accounts type full PDF
2026-07-27 TM01 officers Termination director company with name termination date PDF
2026-05-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-04-30 AA accounts Accounts with accounts type full
2025-04-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-05-13 AA accounts Accounts with accounts type full
2024-04-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-04-04 AP01 officers Appoint person director company with name date PDF
2024-04-03 TM01 officers Termination director company with name termination date PDF
2023-05-30 AA accounts Accounts with accounts type full
2023-05-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-05-12 PSC08 persons-with-significant-control Notification of a person with significant control statement PDF
2023-05-12 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2022-05-24 AA accounts Accounts with accounts type full
2022-04-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-04-28 CH01 officers Change person director company with change date PDF
2022-04-28 CH01 officers Change person director company with change date PDF
2021-09-25 AA accounts Accounts with accounts type full
2021-05-04 CS01 confirmation-statement Confirmation statement with updates PDF
2021-04-15 AP01 officers Appoint person director company with name date PDF

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