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Cash

£1.1M

+43.7% highest in 3 filed years

Net assets

£3.7M

+50.7% highest in 3 filed years

Employees

243

+5.2% highest in 3 filed years

Profit before tax

£2.2M

-7.7% vs 2023

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31

Metric Trend 2019-12-312023-12-312024-12-31 Δ vs prior
Turnover £17,366,794£18,137,330 +4.4%
Operating profit £2,370,664£2,176,495 -8.2%
Profit before tax £2,336,972£2,157,713 -7.7%
Net profit £1,936,715£2,338,615 +20.8%
Cash £148,450£747,495£1,073,806 +43.7%
Total assets less current liabilities £1,589,086£3,072,757£4,075,858 +32.6%
Net assets £501,826£2,464,765£3,713,380 +50.7%
Equity £501,826£2,464,765£3,713,380 +50.7%
Average employees 103231243 +5.2%
Wages £3,809,459£4,089,705 +7.4%
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 2019-12-312023-12-312024-12-31
Operating margin 13.7%12.0%
Net margin 11.2%12.9%
Return on capital employed 77.2%53.4%
Current ratio 0.52x0.68x
Interest cover 70.36x

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
Johnston Carmichael LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have carefully considered the impact of the macroeconomic uncertainties on the company's financial position, liquidity and future performance. As set out in the strategic report, the company has continued to trade strongly throughout this year and the directors believe that it is experiencing good levels of sales growth and profitability. Therefore, the directors believe that the company is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

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

People

5 active · 0 resigned

Name Role Appointed Born Nationality
GARDINER, Graeme Director 2025-09-01 Jul 1970 British
GEDDES, Stephanie Director 2014-07-07 May 1969 British
GEDDES-MOODY, Sean Director 2012-03-15 Sep 1969 British
HAY, Andrew Gordon Director 2021-07-12 Mar 1977 British
MCBAIN, Eileen Director 2021-07-12 Feb 1969 British

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
The Explorer Group Limited Corporate entity Shares 75–100% 2022-01-03 Active
Mr Sean Geddes Individual Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2022-01-03
Mrs Stephanie Geddes Individual Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2022-01-03

Filing timeline

Last 20 of 41 total filings

Date Type Category Description
2026-03-24 AD01 address Change registered office address company with date old address new address PDF
2026-03-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-11 AP01 officers Appoint person director company with name date PDF
2025-08-05 AA accounts Accounts with accounts type full PDF
2025-03-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-05-14 AA accounts Accounts with accounts type full PDF
2024-03-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-03-13 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2024-03-13 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2023-09-28 AA accounts Accounts with accounts type full PDF
2023-03-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-05-05 AA accounts Accounts with accounts type total exemption full PDF
2022-03-23 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2022-03-23 CS01 confirmation-statement Confirmation statement with updates PDF
2021-07-26 AP01 officers Appoint person director company with name date PDF
2021-07-26 AP01 officers Appoint person director company with name date PDF
2021-03-30 AA accounts Accounts with accounts type total exemption full PDF
2021-03-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-05-18 AA accounts Accounts with accounts type total exemption full PDF
2020-03-24 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
0

last 12 months

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

Official Companies House page