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Cash

£8m

+58.5% highest in 3 filed years

Net assets

£31m

-6.8% vs 2024

Employees

0

Average over period

Profit before tax

£2.1m

-61.1% first positive since 2023

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 £146,040,000£150,650,000£151,607,000 +0.6%
Operating profit -£290,000£4,450,000£1,433,000 -67.8%
Profit before tax -£1,120,000£5,298,000£2,059,000 -61.1%
Net profit -£1,212,000—£738,000 —
Cash £6,003,000£5,059,000£8,018,000 +58.5%
Total assets less current liabilities £30,533,000£34,093,000£32,898,000 -3.5%
Net assets £29,925,000£33,353,000£31,091,000 -6.8%
Equity £29,925,000£33,353,000£31,091,000 -6.8%
Average employees 000 —
Wages ——— —
Directors' remuneration £164,000£196,000£180,000 -8.2%

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 -0.2%3.0%0.9%
Net margin -0.8%—0.5%
Return on capital employed -0.9%13.1%4.4%
Gearing (liabilities / total assets) 66.5%64.3%66.5%
Current ratio 1.47x1.51x1.50x

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
FRS 102
Reporting scope
Standalone (parent only)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors believe that preparing the financial statements on the going concern basis is appropriate due to the continued financial support of the parent company. The directors have received confirmation that R&A Trust Company (No. 1) Limited... will support the Company”

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

People

5 active · 43 resigned

Name Role Appointed Born Nationality
BRINK, John Daniel Secretary 2023-03-15 — —
ARMIT, Neil Director 2026-03-04 Aug 1978 British
COLE HAMILTON, Johnnie Liston Director 2026-03-04 Mar 1971 British
DARBON, Mark Robert Guy Director 2024-12-13 Mar 1979 British
MURRAY, John Fraser Director 2012-04-30 Dec 1970 British
Show 43 resigned officers
Name Role Appointed Resigned
DOBELL, Mark Timothy Secretary 2003-09-18 2012-04-30
MURRAY, John Fraser Secretary 2012-04-30 2023-03-15
CHARLOTTE SECRETARIES LIMITED Corporate Secretary 2003-04-02 2003-09-18
BAMBER, John William Director 2024-09-19 2026-03-04
BECHMANN, Pierre Edouard Director 2003-09-18 2006-09-20
BISSET, Alexander Melville Director 2017-09-21 2022-09-23
BONSALL, David Charles Director 2024-09-19 2026-03-04
BROWN, Clive Thomas Director 2017-09-21 2019-09-19
CALDWELL, Gavin Rutledge Director 2009-09-23 2013-09-19
CLARK, John Gordon Director 2023-09-21 2026-03-04
CLARK, John Gordon Director 2019-09-19 2020-09-24
COCKROFT, Timothy Bruce Director 2022-11-23 2023-09-21
DAVIDSON, Iain Gordon Director 2015-09-24 2017-09-21
DAWSON, Peter Director 2003-09-18 2015-09-24
DEVLIN, Roger William Director 2017-09-21 2019-09-19
DOBELL, Mark Timothy Director 2003-09-18 2012-04-30
DONALD, Iain Alexander Thomas Director 2010-09-22 2014-09-18
DONALDSON, Michael Neil Director 2014-09-18 2017-09-21
EDGINTON, Clive Leonard Ashcroft Director 2014-09-18 2015-09-24
ELLWOOD, Rupert James Director 2025-09-18 2026-03-04
GOODWIN, John Macleod Director 2005-09-21 2006-09-20
GORMLY, Allan Graham Director 2005-09-21 2007-09-19
HODGKINSON, Keith Harry Director 2010-09-22 2011-09-21
KIPPAX, John Martin Director 2013-09-19 2017-09-21
LOUDON, Alastair James Neil Director 2006-09-20 2010-09-22
MARAN, Charles Mark Damian, Dr Director 2022-09-23 2026-03-04
MARKS, Geoffrey Conway Director 2003-09-18 2005-09-21
MEACHER, David Christopher Director 2019-09-19 2023-09-21
MEIKLEJOHN, Iain Maury Campbell Director 2003-04-02 2003-09-18
MONROE, Jeremy Robert Director 2020-09-24 2024-09-19
MUCKART, Richard Davidson Director 2007-09-19 2009-09-23
O'SULLIVAN, Ada Director 2023-09-21 2025-09-18
PATERSON, David Scott Director 2022-09-23 2026-03-04
PATERSON, Elizabeth Mcnicol Director 2021-02-15 2024-09-19
PATERSON, Elizabeth Mcnicol Director 2017-01-01 2017-09-21
RICH, Nigel Mervyn Sutherland Director 2011-09-21 2012-09-20
SCHOFIELD, Kenneth Douglas Director 2013-09-19 2014-09-18
SLUMBERS, Martin Richard Director 2015-09-24 2024-12-13
TURCAN, William James Director 2003-09-18 2005-09-21
TURNER, Donald Ian Director 2012-09-20 2013-09-19
UNSWORTH, Peter Michael George Director 2006-09-20 2010-09-22
VALENTINE, Pamela Ruth Director 2017-01-01 2017-09-21
WILSON, Helen Patricia Director 2017-09-21 2020-09-24

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
R&A Trust Company (No.1) Limited Corporate entity Shares 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 170 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-03-12 MA Memorandum articles
  • 2026-03-12 RESOLUTIONS Resolution
Date Type Category Description
2026-09-15 AA accounts Accounts with accounts type full
2026-04-28 CH03 officers Change person secretary company with change date PDF
2026-04-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-03-12 MA incorporation Memorandum articles
2026-03-12 RESOLUTIONS resolution Resolution
2026-03-09 AP01 officers Appoint person director company with name date PDF
2026-03-05 AP01 officers Appoint person director company with name date PDF
2026-03-05 TM01 officers Termination director company with name termination date PDF
2026-03-05 TM01 officers Termination director company with name termination date PDF
2026-03-05 TM01 officers Termination director company with name termination date PDF
2026-03-05 TM01 officers Termination director company with name termination date PDF
2026-03-05 TM01 officers Termination director company with name termination date PDF
2026-03-05 TM01 officers Termination director company with name termination date PDF
2025-11-17 AP01 officers Appoint person director company with name date PDF
2025-09-25 TM01 officers Termination director company with name termination date PDF
2025-08-19 AA accounts Accounts with accounts type full
2025-04-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-12-13 AP01 officers Appoint person director company with name date PDF
2024-12-13 TM01 officers Termination director company with name termination date PDF
2024-09-30 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
14

last 12 months

Capital events
0

last 24 months

Officers appointed
2

last 12 months

Officers resigned
6

last 12 months

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

Official Companies House page