PROJECT EMANUEL TOPCO LIMITED
Get an alert when PROJECT EMANUEL TOPCO LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£647K
-29.8% lowest in 3 filed years
Net assets
-£30M
-0.4% vs 2024
Employees
75
+8.7% highest in 3 filed years
Profit before tax
-£1.6M
-78.9% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2023-09-30 | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £6,421,402 | £6,357,165 | £6,027,441 | -5.2% | |
| Operating profit | -£26,588,071 | £1,183,881 | £667,266 | -43.6% | |
| Profit before tax | -£29,245,579 | -£888,461 | -£1,589,327 | -78.9% | |
| Net profit | -£29,541,318 | -£864,916 | -£1,125,384 | -30.1% | |
| Cash | £1,787,762 | £921,699 | £647,222 | -29.8% | |
| Total assets less current liabilities | £2,404,134 | £1,431,162 | £2,063,768 | +44.2% | |
| Net assets | -£28,626,318 | -£29,418,647 | -£29,544,031 | -0.4% | |
| Equity | -£28,626,318 | -£29,418,647 | -£29,544,031 | -0.4% | |
| Average employees | 70 | 69 | 75 | +8.7% | |
| Wages | — | £2,509,006 | £2,919,487 | +16.4% | |
| Directors' remuneration | — | £171,730 | £132,998 | -22.6% |
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 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|
| Operating margin | — | 18.6% | 11.1% | |
| Net margin | — | -13.6% | -18.7% | |
| Return on capital employed | -1105.9% | 82.7% | 32.3% | |
| Current ratio | 1.37x | 1.13x | 1.07x | |
| Interest cover | -10.00x | 0.57x | 0.29x |
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.
Name history
Renamed 1 time since incorporation
- PROJECT EMANUEL TOPCO LIMITED 2022-07-19 → present
- ENSCO 1458 LIMITED 2022-07-13 → 2022-07-19
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Smailes Goldie
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have considered the Group's forecasts, available cash resources and post-year-end restructuring. On this basis, the directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.”
Group structure
- PROJECT EMANUEL TOPCO LIMITED · parent
- Storetec Services Limited
- Paper Escape Limited
Significant events
- “During the year, Storetec Services Limited acquired Paper Escape Limited on 2 June 2025.”
- “Subsequent to the year end, the Group entered into a restructuring whereby loan note liabilities of £19.2m were released and settled through the issue of equity, together with the waiver of associated accrued interest. This represents a non-adjusting post balance sheet event.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARRETT, Jonathan Paul | Director | 2023-09-05 | Jan 1980 | British |
| GIBSON, Christopher Ross | Director | 2025-07-31 | May 1986 | South African |
| BRIDGES FUND MANAGEMENT LIMITED | Corporate Director | 2022-10-31 | — | — |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GATELEY SECRETARIES LIMITED | Corporate Secretary | 2022-07-13 | 2022-07-15 |
| BRAHAM, Simon Benjamin | Director | 2022-10-31 | 2025-07-31 |
| RICHARDS, Steve | Director | 2022-11-01 | 2024-03-31 |
| ROBSON, Neil | Director | 2022-07-15 | 2023-09-29 |
| WARD, Michael James | Director | 2022-07-13 | 2022-07-15 |
| GATELEY INCORPORATIONS LIMITED | Corporate Director | 2022-07-13 | 2022-07-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bridges Community Ventures Nominees Limited | Corporate entity | Shares 25–50% | 2025-05-30 | Active |
| Bridges Sustainable Growth Iv(B) (General Partner) Llp | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-10-31 | Active |
| Bridges Fund Management Limited | Corporate entity | Significant influence | 2022-10-31 | Active |
| Mr Neil Robson | Individual | Shares 25–50%, Voting 25–50% | 2022-07-15 | Ceased 2024-01-26 |
| Gateley Incorporations Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-07-13 | Ceased 2022-07-15 |
Filing timeline
Last 20 of 55 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-13 RESOLUTIONS Resolution
- 2026-01-13 MA Memorandum articles
- 2025-06-16 RESOLUTIONS Resolution
- 2025-06-16 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-19 | AA | accounts | Accounts with accounts type group | |
| 2026-02-12 | SH01 | capital | Capital allotment shares | |
| 2026-01-16 | SH10 | capital | Capital variation of rights attached to shares | |
| 2026-01-16 | SH08 | capital | Capital name of class of shares | |
| 2026-01-13 | RESOLUTIONS | resolution | Resolution | |
| 2026-01-13 | MA | incorporation | Memorandum articles | |
| 2025-09-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-17 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-09-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-18 | AA | accounts | Accounts with accounts type group | |
| 2025-06-16 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-16 | MA | incorporation | Memorandum articles | |
| 2025-06-11 | SH01 | capital | Capital allotment shares | |
| 2024-09-25 | SH01 | capital | Capital allotment shares | |
| 2024-07-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-16 | SH06 | capital | Capital cancellation shares | |
| 2024-07-16 | SH03 | capital | Capital return purchase own shares | |
| 2024-05-02 | SH01 | capital | Capital allotment shares | |
| 2024-04-24 | AA | accounts | Accounts with accounts type total exemption full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 7
- Officers appointed
- 1
- Officers resigned
- 1
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.