OPEN-PROJECTS LIMITED - Profile & Financials

Accounts Submitted 28 May 2025

Confirmation Statement Submitted 15 Sept 2025

Net assets £1.70M £582.26K 2024 year on year

Total assets £0.00 £2.63M 2024 year on year

Total Liabilities £260.71K £87.24K 2024 year on year

Charges 1

1 satisfied

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Contact & Details

Contact

Update Details

Registered Address

C/O Mercer & Hole The Pinnacle 170 Midsummer Boulevard Milton Keynes MK9 1BP England

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£385.49k

Decreased by £364.83k (-49%)

Net Assets

£1.70M

Decreased by £582.26k (-25%)

Total Liabilities

£260.71k

Decreased by £87.24k (-25%)

Turnover

N/A

Employees

Decreased by 1 (-11%)

Debt Ratio

N/A

Decreased by 13 (-100%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

6 active 11 resigned

Show resigned officers

						Status
Charlotte Southon	Director	British	United Kingdom	45	27 Jul 2012	Active
Jonathan Michael Bunting	Director	British	England	54	27 Jul 2012	Active
Michael John Kemble	Director	British	England	78	27 Jul 2012	Active
Peter John Kemble	Director	British	England	55	27 Jul 2012	Active
Simon Gage	Director	British	England	57	13 Feb 2019	Active
William Marcus Cotes	Director	British	England	60	10 Dec 2020	Active

Shareholders

Shareholders (1)


Rascal Solutions Limited	100.0%	5,700	Ordinary	6 Oct 2015

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Rascal Solutions Limited

United Kingdom

Active

Notified 6 Apr 2016

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors As Firm

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Group Structure

RASCAL SOLUTIONS LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent

SMITHS NEWS TRADING LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SMITHS NEWS HOLDINGS LIMITED united kingdom shares 75 to 100 percent, appoint/remove directors

SMITHS NEWS PLC united kingdom

OPEN-PROJECTS LIMITED Current Company

Charges

1 satisfied

Documents

Company Filings

Date	Category	Description	Document
15 Sept 2025	Confirmation Statement	Confirmation statement made on 2025-09-08 with no updates	View(3 pages)
28 May 2025	Accounts	Annual accounts made up to 2024-08-31	View(10 pages)
10 Sept 2024	Confirmation Statement	Confirmation statement made on 2024-09-08 with no updates	View(3 pages)
10 Sept 2024	Officers	Change to director Mr William Marcus Cotes on 2024-09-06	View(2 pages)
13 May 2024	Accounts	Annual accounts made up to 2023-08-31	View(17 pages)