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Cash

£814k

CAD 1,500,000

-41.9% vs 2025

Net assets

£4m

CAD 7,300,000

+26.7% highest in 3 filed years

Employees

0

Average over period

Profit before tax

£977k

CAD 1,800,000

-43.4% vs 2025

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric Trend 2024-03-312025-03-312026-03-31 Δ vs prior
Turnover £39,460,627£36,967,182£41,454,151 +12.1%
Operating profit £933,979£700,544£1,573,521 +124.6%
Profit before tax £875,606£1,724,417£976,668 -43.4%
Net profit £875,606£1,724,417£813,890 -52.8%
Cash £233,495£1,401,089£813,890 -41.9%
Total assets less current liabilities £1,517,716£3,125,505£3,960,933 +26.7%
Net assets £1,517,716£3,125,505£3,960,933 +26.7%
Equity £1,517,716£3,125,505£3,960,933 +26.7%
Average employees 000 —
Wages ——— —
Directors' remuneration ——— —

Figures converted to GBP from CAD at 0.543 per CAD (Frankfurter spot rate) — hover any figure for the original. — 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 2024-03-312025-03-312026-03-31
Operating margin 2.4%1.9%3.8%
Net margin 2.2%4.7%2.0%
Return on capital employed 61.5%22.4%39.7%
Gearing (liabilities / total assets) 85.6%77.0%73.8%
Current ratio 0.88x0.72x1.08x
Interest cover 4.00x3.25x2.64x

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 2 times since incorporation

  1. ELECTRAWORKS MAPLE LIMITED 2021-11-01 → present
  2. LADBROKE RACING (READING) LIMITED 1982-08-04 → 2021-11-01
  3. FETCHVALE LIMITED 1981-12-23 → 1982-08-04

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
KPMG LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis... Entain plc, the Group's parent company, has indicated that neither it nor any of its subsidiary undertakings will seek repayment of the amounts currently due to the group, which at 31 March 2026 amounted to CAD 11.2m.”

Significant events

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

People

2 active · 37 resigned

Name Role Appointed Born Nationality
ATTARD, Joseph Director 2023-06-15 Apr 1983 Maltese
SLOAN, Christopher Curry Director 2026-06-03 Jul 1986 American
Show 37 resigned officers
Name Role Appointed Resigned
ADELMAN, Jonathan Mark Secretary 2012-06-01 2014-04-18
ARSENIĆ, Sonja Secretary 2019-08-08 2019-11-21
BUSHNELL, Adrian John Secretary 2014-04-18 2016-07-15
CAMMIDGE, Cassandra Alice Secretary 2018-04-16 2018-06-28
MASON, Geoffrey Keith Howard Secretary 2016-07-15 2018-04-16
NOBLE, Michael Jeremy Secretary 2004-10-18 2012-05-31
NOBLE, Michael Jeremy Secretary — 1999-11-01
GANTON HOUSE INVESTMENTS LIMITED Corporate Secretary 1999-11-01 2004-10-18
LADBROKES CORAL CORPORATE SECRETARIES LIMITED Corporate Secretary 2019-11-21 2026-09-28
ADELMAN, Jonathan Mark Director 2012-06-01 2014-04-18
BATY, John Clifford Director 2008-07-30 2009-03-16
BEARDSELL, Lindsay Claire Director 2018-04-16 2018-06-04
BELL, Christopher Director 1995-07-10 1999-11-01
BORKOWSKI, Christopher Peter Director — 1993-06-30
BOWEN, David Michael Director 2004-10-18 2008-07-30
BUSHNELL, Adrian John Director 2014-04-18 2016-07-15
CARTER, Richard Director — 1999-11-01
DAVER, Berjis Jal Director — 1995-07-10
EVANS, Christopher David Director 2004-10-18 2008-07-30
GEORGE, Peter Michael Director — 1994-02-07
GROUNSELL, Dominic Peter Director 2023-06-15 2024-03-31
HOSKIN, Robert Grant Director 2021-10-20 2023-06-15
MASON, Geoffrey Keith Howard Director 2016-07-15 2018-04-16
MILES, Colin Gordon Director 1995-07-10 1999-11-01
NOBLE, Michael Jeremy Director 2008-07-30 2012-05-31
O'KANE, Michael Patrick Director 2004-10-18 2008-07-30
PARMAR, Vinod Director 2008-07-30 2017-12-12
ROSS, Alan Spencer Director 2004-10-18 2008-07-30
ROSS, Alan Spencer Director 1996-09-02 1999-11-01
SHAH, Snehal Director 2016-06-13 2017-02-06
SMITH, Stuart John Director 2018-08-09 2021-10-20
SUTTERS, Charles Alexander Director 2017-12-12 2021-10-20
USHER, Paul William Director — 1999-11-01
WALKER, Colin Edward Director — 1994-03-31
WILSON, Andrew James Director 2009-03-16 2016-06-13
WOOD, Robert Matthew Director 2021-10-20 2026-06-03
LADBROKES LIMITED Corporate Director 1999-11-01 2004-10-18

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Entain Holdings (Uk) Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2021-10-20 Active
Ladbrokes Investments Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2017-04-11 Ceased 2021-10-20
Ladbrokes Betting & Gaming Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2017-04-11

Filing timeline

Last 20 of 227 total filings

Date Type Category Description
2026-09-30 TM02 officers Termination secretary company with name termination date PDF
2026-09-08 AA accounts Accounts with accounts type full
2026-06-10 AP01 officers Appoint person director company with name date PDF
2026-06-10 TM01 officers Termination director company with name termination date PDF
2026-05-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-17 AA accounts Accounts with accounts type full
2025-05-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-11-18 AA accounts Accounts with accounts type full
2024-05-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-04-02 TM01 officers Termination director company with name termination date PDF
2024-01-25 PSC05 persons-with-significant-control Change to a person with significant control PDF
2024-01-25 CH04 officers Change corporate secretary company with change date PDF
2024-01-13 AA accounts Accounts with accounts type full
2023-09-19 AA01 accounts Change account reference date company previous extended PDF
2023-07-06 AD01 address Change registered office address company with date old address new address PDF
2023-07-06 AP01 officers Appoint person director company with name date PDF
2023-07-06 AP01 officers Appoint person director company with name date PDF
2023-07-06 TM01 officers Termination director company with name termination date PDF
2023-05-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-10-03 AA accounts Accounts with accounts type dormant

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
2

last 12 months

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

Official Companies House page