SES (ENGINEERING SERVICES) LIMITED
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Cash
£11m
Latest balance sheet
Net assets
£8.2m
Equity attributable
Employees
960
Average over period
Profit before tax
£5.8m
Period ending 2023-12-31
Watch the reel
Our short-form breakdown of SES (ENGINEERING SERVICES) LIMITED's latest filing
A record-breaking year for Wates Group subsidiary SES Engineering Services, with turnover hitting £590m. But as top-line revenue surged, rising admin costs swallowed a lot of the extra margin. 🏗️📈
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
1-year trend · vs Industrials median
Accounts
1-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | Δ vs prior |
|---|---|---|---|
| Turnover | £298,602,000 | — | |
| Operating profit | £4,910,000 | — | |
| Profit before tax | £5,807,000 | — | |
| Net profit | £3,974,000 | — | |
| Cash | £11,118,000 | — | |
| Total assets less current liabilities | £9,497,000 | — | |
| Net assets | £8,159,000 | — | |
| Equity | £8,159,000 | — | |
| Average employees | 960 | — | |
| Wages | £46,801,000 | — | |
| 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 —. Year-on-year comparison hidden: this filing's period length differs materially from the prior year. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 |
|---|---|---|
| Operating margin | 1.6% | |
| Net margin | 1.3% | |
| Return on capital employed | 51.7% | |
| Gearing (liabilities / total assets) | 92.3% | |
| Current ratio | 1.09x |
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.
Name history
Renamed 1 time since incorporation
- SES (ENGINEERING SERVICES) LIMITED 2015-10-01 → present
- SHEPHERD ENGINEERING SERVICES LIMITED 1961-04-19 → 2015-10-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors consider that the Wates Group has sufficient cash reserves to continue trading, whilst meeting the financial covenants set within its banking facilities. The directors have received a letter of support from Wates Group Limited confirming that, as at the date of signing the accounts, it is their intent that it will continue to provide sufficient operational and financial support to the company, to the extent that it is required to enable the company to meet its liabilities as and when they fall due for a period of at least 12 months from the date of approval of the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 40 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WAINWRIGHT, Philip Michael | Secretary | 2018-12-03 | — | — |
| CLIFFORD, Robin Joseph | Director | 2024-05-01 | Aug 1977 | British |
| FITZGERALD, Patrick Joseph | Director | 2025-09-01 | Nov 1976 | British |
| ROSS, Paul | Director | 2025-02-03 | Aug 1977 | British |
| SYMEONIDES, Christopher John | Director | 2025-02-03 | Jul 1964 | British |
| WAINWRIGHT, Philip Michael | Director | 2018-12-03 | Apr 1965 | British |
Show 40 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALLEN, David Owen | Secretary | 2016-01-04 | 2018-12-03 |
| CLARKE, Philip John | Secretary | 1998-10-19 | 2015-09-30 |
| DAVIES, David Huw | Secretary | 2015-09-30 | 2016-01-04 |
| JAMES, William | Secretary | — | 1998-10-16 |
| ALLEN, David Owen | Director | 2016-01-04 | 2022-08-16 |
| BAINES, Paul John Middleton | Director | — | 2001-10-26 |
| BAXTER, Peter | Director | 1998-09-30 | 2003-06-30 |
| CHANDLER, Paul | Director | 2017-11-10 | 2024-12-31 |
| CHAPPELL, Anthony | Director | 2002-07-01 | 2008-03-31 |
| CLANCY, Noel | Director | 2008-07-01 | 2010-12-01 |
| DAVIES, Andrew Oswell Bede | Director | 2015-09-30 | 2017-11-10 |
| DAVIES, David Huw | Director | 2015-09-30 | 2016-01-04 |
| FLETCHER, Alan Thomas | Director | 2008-02-01 | 2008-10-01 |
| FRANCIS, Leslie | Director | 1995-01-03 | 1998-02-02 |
| GARLICK, Allan Edward | Director | — | 1996-06-07 |
| GRIFFIN, Paul | Director | 2023-05-24 | 2025-02-03 |
| HOWELL, John Peter | Director | 2015-09-30 | 2016-06-30 |
| KEHOE, Darren Michael | Director | 2025-04-08 | 2026-05-31 |
| LEWIS, Peter Gerrard | Director | 2002-11-18 | 2015-02-06 |
| MASON, David John | Director | 2004-03-01 | 2015-09-30 |
| MCDOUGALL, Allan | Director | 1998-03-16 | 2010-10-13 |
| NICHOL, Paul Davidson | Director | 2009-08-01 | 2013-08-15 |
| PEARSON, Ronald Harry | Director | — | 2002-11-12 |
| PERKINS, Mark | Director | 2002-11-18 | 2015-09-30 |
| PORTER, Michael | Director | 2013-08-15 | 2015-08-31 |
| POTTER, Simon James | Director | 2018-07-26 | 2025-03-31 |
| ROWAN, Paul Campbell | Director | 2015-09-30 | 2025-07-31 |
| ROWLINSON, Alan Francis | Director | 2002-04-15 | 2003-09-01 |
| SHARKEY, John Paul | Director | 2011-07-01 | 2015-09-30 |
| SHEPHERD, Colin Stuart | Director | — | 1994-11-04 |
| SHEPHERD, Donald Welton | Director | — | 1994-11-04 |
| SHEPHERD, Patrick Michael | Director | 2003-07-01 | 2008-02-01 |
| SHEPHERD, Paul Welton, Dr | Director | — | 2002-06-30 |
| SHEPHERD, Peter, Sir | Director | — | 1994-11-04 |
| SMITH, David Gordon, Mr. | Director | 2015-09-30 | 2016-10-17 |
| STEVENSON, Lisa Gabrielle | Director | 2008-07-01 | 2015-08-31 |
| SYMEONIDES, Christopher John | Director | 2001-07-16 | 2015-09-30 |
| TATE, Emily Margaret Alice | Director | 2023-05-24 | 2025-06-02 |
| TOGWELL, Stuart John | Director | 2015-09-30 | 2018-07-25 |
| WHITEHEAD, John Morris | Director | 2000-12-14 | 2001-10-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ses Engineering (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-01-01 | Active |
| Wates Construction Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2026-01-01 |
Filing timeline
Last 20 of 208 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-07 | AA | accounts | Accounts with accounts type full | |
| 2026-06-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-06 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-01-06 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-11-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-31 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-17 | AA | accounts | Accounts with accounts type full | |
| 2025-04-08 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-28 | CH01 | officers | Change person director company with change date | |
| 2024-11-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-13 | AA | accounts | Accounts with accounts type full | |
| 2023-11-17 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.