OUTSOURCE UK LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +6.5%

  £67,969,000 → £72,384,000

• Cash

  +239.6%

  £259,703 → £882,000

• Net assets

  +364.5%

  -£118,354 → £313,000

  highest in 3 filed years

• Employees

  -68.6%

  137 → 43

  lowest in 3 filed years

• Operating profit

  +846.2%

  -£106,000 → £791,000

• Profit before tax

  +225.8%

  -£411,107 → £517,000

  highest in 3 filed years

• Wages

  -17.1%

  £3,171,796 → £2,629,000

  lowest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which the Directors consider to be appropriate for the following reasons. The Directors have prepared forecasts and projections covering a period of at least 12 months from the date of approval of these financial statements, taking into account the current UK economic uncertainty and inflationary environment. These forecasts indicate that the Company will have sufficient funds to meet its liabilities as they fall due for that period, including in a plausible downside recession scenario.”

Significant events

• “During the financial year the Company was acquired by Sanderson Solutions Group Plc a leading global provider of recruitment, managed service and RPO services. This access to a wider range of services and substantial financial resources has significantly enhanced the company's ability to deliver a range of services to its clients.”
• “During the period, the ultimate controlling party changed from Mr N J Dettmar to Mr K Dawe following the sale of the controlling interest in the immediate parent company, Newick Holdings Limited, to Sanderson Solutions Group Plc - a company controlled by Mr. K. Dawe.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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