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Cash

£156K

USD 209,000

Latest balance sheet

Net assets

£593K

USD 792,000

Equity attributable

Employees

0

Average over period

Profit before tax

£629K

USD 840,000

Period ending 2025-12-31

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2024-12-312025-12-31 Δ vs prior
Turnover
Operating profit -£170,684-£253,032
Profit before tax £39,677£628,837
Net profit £29,945£467,884
Cash £413,984£156,461
Total assets less current liabilities £557,981,734£2,032,948,795
Net assets £125,019£592,903
Equity £125,019£592,903
Average employees 00
Wages
Directors' remuneration £0£0

Figures converted to GBP from USD at 0.749 per USD (Frankfurter spot rate) — hover any figure for the original. 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 . Year-on-year comparison hidden: this filing covers about 12 months versus 11 months prior. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-12-312025-12-31
Return on capital employed -0.0%-0.0%
Gearing (liabilities / total assets) 100.0%100.0%
Current ratio 1.02x1.02x
Interest cover -0.01x-0.00x

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
Standalone (parent only)
Auditor
KPMG LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have a reasonable expectation that the Company will continue to operate as a going concern and has sufficient resources to meet its liabilities as they fall due within that period. The back-to-back debt arrangements within the business support the going concern assumption.”

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

People

4 active · 3 resigned

Name Role Appointed Born Nationality
LDC NOMINEE SECRETARY LIMITED Corporate Secretary 2024-02-13
BELL, Daniel James Director 2024-02-13 Sep 1971 British
BULLOCK, Ian Peter Director 2024-02-13 Feb 1976 British
PRICE, Drew Director 2024-02-13 Jun 1968 British
Show 3 resigned officers
Name Role Appointed Resigned
DANBY, Lewis John Christopher Director 2024-02-13 2025-02-27
MILLER, Andrew James Director 2025-02-27 2026-04-30
TURI, Cosimo Director 2024-02-13 2026-05-21

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Swiss Re Ltd Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2024-02-13 Active

Filing timeline

Last 15 of 15 total filings

Date Type Category Description
2026-05-28 TM01 officers Termination director company with name termination date PDF
2026-05-19 AA accounts Accounts with accounts type full
2026-05-05 TM01 officers Termination director company with name termination date PDF
2026-03-12 CH04 officers Change corporate secretary company with change date PDF
2026-02-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-01-15 CH04 officers Change corporate secretary company with change date PDF
2025-05-19 AA accounts Accounts with accounts type full
2025-03-04 TM01 officers Termination director company with name termination date PDF
2025-03-04 AP01 officers Appoint person director company with name date PDF
2025-02-17 CS01 confirmation-statement Confirmation statement with updates PDF
2025-02-17 CH01 officers Change person director company with change date PDF
2024-03-15 AA01 accounts Change account reference date company current shortened PDF
2024-03-01 CERT8A incorporation Legacy
2024-03-01 SH50 reregistration Application trading certificate
2024-02-13 NEWINC incorporation Incorporation company PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page