KARMA SCOTTISH HOLDINGS LIMITED
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Cash
£6.4k
+491.1% vs 2024
Net assets
-£1.8m
-36% lowest in 3 filed years
Employees
28
-9.7% lowest in 3 filed years
Profit before tax
£0
Period ending 2025-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The directors are aware of certain material uncertainties which may cast doubt on the company's ability to continue as a going concern. Specifically, the company incurred a net loss during the year ended 31st December 2025 and as of that date, the company's current liabilities exceeded its total assets.
-
Going-concern uncertainty disclosed
-
Negative shareholders' funds
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | £1,061,144 | £1,133,711 | +6.8% | |
| Operating profit | — | £0 | — | — | |
| Profit before tax | — | £0 | £0 | — | |
| Net profit | — | £0 | £0 | — | |
| Cash | £11,834 | £1,090 | £6,443 | +491.1% | |
| Total assets less current liabilities | -£500,180 | -£837,303 | -£677,796 | +19.1% | |
| Net assets | -£1,014,663 | -£1,299,212 | -£1,766,411 | -36% | |
| Equity | — | -£1,299,212 | -£1,766,411 | -36% | |
| Average employees | 30 | 31 | 28 | -9.7% | |
| Wages | — | — | — | — | |
| Directors' remuneration | £50,108 | £83,668 | — | — |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | — | 0.0% | — | |
| Net margin | — | 0.0% | 0.0% | |
| Gearing (liabilities / total assets) | 208.6% | 196.6% | 175.8% | |
| Current ratio | 0.19x | 0.34x | 0.38x | |
| Interest cover | — | 0.00x | — |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- The A9 Partnership Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The directors are aware of certain material uncertainties which may cast doubt on the company's ability to continue as a going concern. Specifically, the company incurred a net loss during the year ended 31st December 2025 and as of that date, the company's current liabilities exceeded its total assets.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KNOWLES, Gary Mark | Director | 2021-11-02 | Oct 1965 | Australian |
| LAYCOCK, Richard | Director | 2021-11-02 | Oct 1963 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Karma Assets Holding Pte Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-12-01 | Active |
| Mr John Andrew Spence | Individual | Significant influence | 2021-11-02 | Active |
Filing timeline
Last 14 of 14 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-28 | AA | accounts | Accounts with accounts type full | |
| 2026-05-12 | CH01 | officers | Change person director company with change date | |
| 2026-03-24 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-25 | AA | accounts | Accounts with accounts type full | |
| 2024-11-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-26 | AA | accounts | Accounts with accounts type full | |
| 2023-11-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-04 | AA | accounts | Accounts with accounts type small | |
| 2022-11-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-31 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-01-24 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2021-11-08 | AA01 | accounts | Change account reference date company current extended | |
| 2021-11-02 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.