TELECOM PLUS PLC
Listed on the London Stock Exchange, the company is a multi-utility provider that supplies bundled energy, broadband, mobile, and insurance services to residential and commercial customers, primarily trading under the Utility Warehouse and 1pMobile brands.
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Cash
£91m
+15.7% vs 2025
Net assets
£267m
+6.1% highest in 4 filed years
Employees
2,061
-10% lowest in 4 filed years
Profit before tax
£113m
+6.6% highest in 4 filed years
Net assets
4-year trend · vs Telecommunications median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | £2,475,160,000 | £2,039,131,000 | £1,838,156,000 | £1,941,057,000 | +5.6% | |
| Operating profit | £85,894,000 | £106,250,000 | £115,891,000 | £125,412,000 | +8.2% | |
| Profit before tax | £85,454,000 | £100,477,000 | £105,949,000 | £112,984,000 | +6.6% | |
| Net profit | £68,161,000 | £71,037,000 | £76,097,000 | £80,670,000 | +6% | |
| Cash | £193,804,000 | £57,829,000 | £79,020,000 | £91,452,000 | +15.7% | |
| Total assets less current liabilities | £312,009,000 | £414,067,000 | £447,860,000 | £502,568,000 | +12.2% | |
| Net assets | £230,708,000 | £232,631,000 | £251,510,000 | £266,771,000 | +6.1% | |
| Equity | £230,708,000 | £232,631,000 | £251,510,000 | £266,771,000 | +6.1% | |
| Average employees | 2,078 | 2,493 | 2,291 | 2,061 | -10% | |
| Wages | £80,495,000 | £106,106,000 | £106,634,000 | £92,041,000 | -13.7% | |
| Directors' remuneration | £7,066,000 | £4,299,000 | £2,715,000 | £2,780,000 | +2.4% | |
| Directors' pension contributions | £2,785,000 | £4,000 | £118,000 | £56,000 | -52.5% | |
| Highest paid director | £2,589,000 | £2,589,000 | £2,203,000 | £2,542,000 | +15.4% |
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 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|
| Operating margin | 3.5% | 5.2% | 6.3% | 6.5% | |
| Net margin | 2.8% | 3.5% | 4.1% | 4.2% | |
| Return on capital employed | 27.5% | 25.7% | 25.9% | 25.0% | |
| Gearing (liabilities / total assets) | 70.6% | 64.3% | 65.8% | 66.6% | |
| Current ratio | 1.66x | 1.77x | 1.73x | 1.70x | |
| Interest cover | 17.01x | 11.48x | 8.84x | 8.20x |
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
- Consolidated group
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Consequently, the directors have a reasonable expectation that the Group and Company will have sufficient funds to continue to meet its liabilities as they fall due for at least twelve months... prepared the financial statements on a going concern basis.”
Group structure
- TELECOM PLUS PLC · parent
- Utility Warehouse Limited 100%
- Telecommunications Management Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BAXTER, David William | Secretary | 2009-07-08 | — | British |
| BUNKER, Philip Mark | Director | 2025-08-06 | Oct 1961 | British |
| BURNETT, Stuart | Director | 2020-07-23 | Nov 1982 | British |
| GODFREY, Gemma Claire | Director | 2025-08-06 | Sep 1983 | British |
| KARIA, Bindiya | Director | 2024-08-13 | May 1971 | British,Canadian |
| SCHOENFELD, Nicholas Jakub | Director | 2015-01-07 | Sep 1970 | British |
| STENT, Carla Rosaline | Director | 2022-07-26 | Feb 1971 | British |
| WIGODER, Charles Francis | Director | 1998-02-13 | Mar 1960 | British |
| WILLIAMS, Suzanne | Director | 2020-07-23 | Sep 1967 | British |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HATELEY, Richard Ian | Secretary | 2006-07-28 | 2009-02-16 |
| HOUGHTON, Christopher Paul | Secretary | 2009-02-16 | 2009-07-08 |
| KOREL, Brian Maurice | Secretary | 2004-01-28 | 2006-07-28 |
| LEVIN, John Anthony | Secretary | 1997-02-07 | 1997-04-03 |
| MICHELL, Richard Francis | Secretary | 1997-04-03 | 2004-01-28 |
| LUDGATE SECRETARIAL SERVICES LIMITED | Corporate Nominee Secretary | 1996-10-09 | 1997-02-07 |
| BELL, Graham Robert | Director | 1998-05-05 | 1999-09-20 |
| BLOWERS, Andrew Mark | Director | 2016-11-22 | 2025-12-31 |
| DAVIS, Stephen David John | Director | 2005-04-11 | 2006-12-31 |
| ELLIOT-SQUARE, Richard John Edward | Director | 1997-02-07 | 1997-12-24 |
| HATELEY, Richard Ian | Director | 2006-12-31 | 2009-02-16 |
| HOLLOND, Beatrice Hannah Millicent | Director | 2016-09-26 | 2025-08-06 |
| HOUGHTON, Christopher Paul | Director | 2009-02-16 | 2014-10-03 |
| LAWSON, Melvin Anthony | Director | 2006-09-27 | 2022-07-26 |
| LEVIN, John Anthony | Director | 1997-02-07 | 2006-07-12 |
| LINDSAY, Andrew James | Director | 2008-11-25 | 2024-08-13 |
| LORIGAN, Christopher Bernard | Director | 1997-03-05 | 1998-08-12 |
| MICHELL, Richard Francis | Director | 1997-04-03 | 2010-07-14 |
| NUTTING, Peter Robert | Director | 1997-04-03 | 2010-07-14 |
| PAVIA, Michael James | Director | 2006-12-13 | 2016-07-22 |
| SCHILD, Julian Dominic | Director | 2010-05-25 | 2022-07-26 |
| STELLA, Keith Graham | Director | 2000-07-17 | 2010-07-14 |
| STEVENS, John Gary | Director | 1997-09-01 | 1998-02-02 |
| WHEATLEY, Dominic Marius Dennis Anthony | Director | 2000-05-25 | 2005-07-13 |
| LUDGATE NOMINEES LIMITED | Corporate Nominee Director | 1996-10-09 | 1997-02-07 |
| LUDGATE SECRETARIAL SERVICES LIMITED | Corporate Nominee Director | 1996-10-09 | 1997-02-07 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 704 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-08-27 RESOLUTIONS Resolution
- 2026-07-22 RP04SH01 Legacy
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-24 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2026-09-24 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2026-09-24 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2026-09-14 | AA | accounts | Accounts with accounts type group | |
| 2026-09-14 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2026-09-04 | SH01 | capital | Capital allotment shares | |
| 2026-08-27 | RESOLUTIONS | resolution | Resolution | |
| 2026-08-27 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2026-08-18 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2026-08-17 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2026-08-13 | RP01SH01 | miscellaneous | Legacy | |
| 2026-08-10 | SH01 | capital | Capital allotment shares | |
| 2026-08-05 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2026-07-29 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2026-07-29 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2026-07-22 | RP04SH01 | change-of-name | Legacy | |
| 2026-07-09 | SH01 | capital | Capital allotment shares | |
| 2026-05-05 | SH01 | capital | Capital allotment shares | |
| 2026-04-01 | SH01 | capital | Capital allotment shares | |
| 2026-02-03 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 16
- 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.