KELSO LTD
Get an alert when KELSO LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£1m
+767.2% vs 2024
Net assets
£3.8m
-15.6% vs 2024
Employees
3
0% vs 2024
Profit before tax
-£780k
-57% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | -£97,343 | -£542,922 | -457.7% | |
| Operating profit | -£570,696 | -£832,099 | -45.8% | |
| Profit before tax | -£497,025 | -£780,249 | -57% | |
| Net profit | -£276,240 | -£562,059 | -103.5% | |
| Cash | £116,427 | £1,009,690 | +767.2% | |
| Total assets less current liabilities | £4,727,995 | £3,818,975 | -19.2% | |
| Net assets | £4,526,522 | £3,818,975 | -15.6% | |
| Equity | £4,526,522 | £3,818,975 | -15.6% | |
| Average employees | 3 | 3 | 0% | |
| Wages | — | £109,500 | — | |
| 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 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | — | 153.3% | |
| Net margin | — | 103.5% | |
| Return on capital employed | -12.1% | -21.8% | |
| Current ratio | 1.81x | 1.52x | |
| Interest cover | -12.96x | — |
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)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Royce Peeling Green Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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.”
Significant events
- “The Company has diversified its investment portfolio further after the year end, with notable new investments in Filtronic Plc, Saga Plc and CVS Group Plc.”
- “The Company has obtained a leverage facility from CMC Markets UK Plc after the year end, enabling it to expand its investment activities. It carries an annual interest rate of 7.8% and has the usual terms for such an instrument.”
- “A discretionary payment of £20,000 was made to MA Kirkland for his services to the Company. This was agreed and paid post year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROOKE, James Dominic | Director | 2022-12-05 | Jun 1971 | British |
| GOOLD, John Howard | Director | 2022-12-05 | Jul 1971 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KIRKLAND, Mark Adrian | Director | 2022-12-05 | 2025-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Kelso Group Holdings Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-01-29 | Ceased 2023-01-29 |
| Kelso Group Holdings Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-01-29 | Active |
| Mr John Howard Goold | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-12-05 | Ceased 2023-01-29 |
Filing timeline
Last 20 of 23 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-02-17 RESOLUTIONS Resolution
- 2025-05-30 MA Memorandum articles
- 2025-05-30 RESOLUTIONS Resolution
- 2023-05-22 MA Memorandum articles
- 2023-05-22 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-15 | AA | accounts | Accounts with accounts type full | |
| 2026-03-03 | SH06 | capital | Capital cancellation shares | |
| 2026-03-02 | SH03 | capital | Capital return purchase own shares | |
| 2026-02-17 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-10 | AA | accounts | Accounts with accounts type small | |
| 2025-05-30 | MA | incorporation | Memorandum articles | |
| 2025-05-30 | RESOLUTIONS | resolution | Resolution | |
| 2024-12-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-10 | AA | accounts | Accounts with accounts type full | |
| 2023-12-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-08-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-07-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-05-23 | SH01 | capital | Capital allotment shares | |
| 2023-05-22 | MA | incorporation | Memorandum articles | |
| 2023-05-22 | RESOLUTIONS | resolution | Resolution | |
| 2023-04-19 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-04-19 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-03-15 | RP04SH01 | capital | Second filing capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 2
- Officers appointed
- 0
- 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.