COBWEB SOLUTIONS LIMITED
Get an alert when COBWEB SOLUTIONS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£2.8m
+69.7% vs 2025
Net assets
£4.2m
-8.2% lowest in 3 filed years
Employees
88
+14.3% highest in 3 filed years
Profit before tax
£965k
+190% highest in 3 filed years
Net assets
3-year trend · vs Technology median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-04-30
| Metric | Trend | 2024-04-30 | 2025-04-30 | 2026-04-30 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £19,364,487 | £19,433,374 | £21,664,002 | +11.5% | |
| Operating profit | £440,830 | £259,745 | £937,437 | +260.9% | |
| Profit before tax | £551,199 | £332,579 | £964,546 | +190% | |
| Net profit | £360,839 | £159,860 | £629,149 | +293.6% | |
| Cash | £6,685,261 | £1,625,394 | £2,758,609 | +69.7% | |
| Total assets less current liabilities | £4,544,366 | £4,543,739 | £4,172,002 | -8.2% | |
| Net assets | £4,544,366 | £4,543,739 | £4,172,002 | -8.2% | |
| Equity | £4,544,366 | £4,543,739 | £4,172,002 | -8.2% | |
| Average employees | 63 | 77 | 88 | +14.3% | |
| Wages | £3,720,494 | £3,291,167 | £3,798,209 | +15.4% | |
| Directors' remuneration | £420,000 | £396,958 | £476,562 | +20.1% | |
| Directors' pension contributions | £18,200 | £18,443 | £18,873 | +2.3% | |
| Highest paid director | £150,000 | £127,920 | — | — |
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 | 2024-04-30 | 2025-04-30 | 2026-04-30 |
|---|---|---|---|---|
| Operating margin | 2.3% | 1.3% | 4.3% | |
| Net margin | 1.9% | 0.8% | 2.9% | |
| Return on capital employed | 9.7% | 5.7% | 22.5% | |
| Gearing (liabilities / total assets) | 68.3% | 60.3% | 72.5% | |
| Current ratio | 1.30x | 1.28x | 0.74x |
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
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- S&W Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After due consideration of the forecasts and sensitivities undertaken, the directors consider that the group has adequate financial resources to continue in operational existence for the foreseeable future, and for this reason the financial statements have been prepared on a going concern basis.”
Group structure
- COBWEB SOLUTIONS LIMITED · parent
- Cobweb Trustees Limited 100%
- Cobweb MENA FZ LLC 70%
- Cobweb Investments Menorca SL 100%
- Coretek Limited 100%
Significant events
- “A major area of activity during the year was the completion of Project Angus. This programme modernised the Group's billing, commercial and systems architecture through the transition from legacy distribution arrangements to an integrated operating model with Giacom.”
- “During the year the freehold investment property was reclassed to assets under construction as significant renovation works were undertaken at the property.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOND, Neil Edwin | Secretary | 2022-12-31 | — | — |
| BOND, Neil Edwin | Director | 2022-12-31 | Aug 1969 | British |
| KNOWLES, Graham | Director | 2022-09-26 | Mar 1982 | British |
| OLPIN, Michael Christopher | Director | 2010-12-03 | Dec 1959 | British |
| SATCHWELL, Clare Elizabeth | Director | 2022-09-26 | Feb 1974 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HANNAM, Paul | Secretary | 1996-11-25 | 2022-12-31 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1996-11-25 | 1996-11-25 |
| ADAMS, Mark | Director | 2004-02-01 | 2010-12-03 |
| CORFIELD, Ian | Director | 2001-04-02 | 2007-02-01 |
| DYER, Julian Vivian | Director | 2000-10-05 | 2005-06-30 |
| FOULSHAM, Mark Damian Stuart | Director | 2009-02-09 | 2011-03-02 |
| FRISBY, Michael Patrick | Director | 2004-04-26 | 2022-08-22 |
| GARLAND, Jasper James | Director | 2000-10-05 | 2001-07-26 |
| HANNAM, Clifford | Director | 2008-05-30 | 2011-11-16 |
| HANNAM, Clifford | Director | 1996-11-25 | 2000-10-06 |
| HANNAM, Paul | Director | 1998-04-20 | 2022-12-31 |
| MCKAY, Martin James | Director | 2008-05-30 | 2019-05-17 |
| PRICE, Clare Elizabeth | Director | 2002-10-08 | 2005-07-27 |
| WOOD, Peter John | Director | 2000-10-06 | 2009-02-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Paul Hannam | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-11-25 | Active |
| Cobweb Trustees Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2021-01-25 |
Filing timeline
Last 20 of 173 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-11 | AA | accounts | Accounts with accounts type group | |
| 2026-02-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-23 | AA | accounts | Accounts with accounts type group | |
| 2025-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-13 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2024-11-01 | AA | accounts | Accounts with accounts type group | |
| 2024-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-08 | AA | accounts | Accounts with accounts type group | |
| 2023-05-10 | AA | accounts | Accounts with accounts type group | |
| 2023-04-03 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-04-03 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-04-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-01-30 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-01-03 | SH03 | capital | Capital return purchase own shares | |
| 2023-01-03 | SH03 | capital | Capital return purchase own shares | |
| 2023-01-03 | SH03 | capital | Capital return purchase own shares | |
| 2023-01-03 | SH03 | capital | Capital return purchase own shares | |
| 2023-01-03 | SH03 | capital | Capital return purchase own shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.