OPENWORK SERVICES LIMITED
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Cash
£11
0% vs 2024
Net assets
£14k
-36.6% lowest in 3 filed years
Employees
640
+6% vs 2024
Profit before tax
£0
+100% highest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £130,973,000 | £134,673 | £136,379 | +1.3% | |
| Operating profit | £39,000 | £667 | -£93 | -113.9% | |
| Profit before tax | -£2,516,000 | -£1,558 | £0 | +100% | |
| Net profit | -£3,094,000 | -£4,935 | £263 | +105.3% | |
| Cash | £10,000 | £11 | £11 | 0% | |
| Total assets less current liabilities | £28,047,000 | £23,984 | £13,918 | -42% | |
| Net assets | £24,829,000 | £21,495 | £13,623 | -36.6% | |
| Equity | £24,829,000 | £21,495 | £13,623 | -36.6% | |
| Average employees | 651 | 604 | 640 | +6% | |
| Wages | £41,843,000 | £45,326 | £47,623 | +5.1% | |
| Directors' remuneration | £561,000 | £546 | £474 | -13.2% | |
| Directors' pension contributions | £14,000 | — | — | — | |
| Highest paid director | £273,000 | £296 | £258 | -12.8% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 0.0% | 0.5% | -0.1% | |
| Net margin | -2.4% | -3.7% | 0.2% | |
| Return on capital employed | 0.1% | 2.8% | -0.7% | |
| Gearing (liabilities / total assets) | 67.5% | 71.5% | 76.9% | |
| Current ratio | 0.42x | 0.48x | 0.38x | |
| Interest cover | 0.01x | 0.22x | -0.27x |
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 6 times since incorporation
- OPENWORK SERVICES LIMITED 2005-04-29 → present
- THE ZFN MANAGEMENT COMPANY LIMTED 2001-09-03 → 2005-04-29
- THE FRANCHISE NETWORK MANAGEMENT COMPANY LIMITED 2000-04-17 → 2001-09-03
- PROFESSIONAL SERVICES (LIFE & PENSIONS) LIMITED 1999-01-04 → 2000-04-17
- ZURICH FINANCIAL SERVICES UK LIFE LIMITED 1998-11-17 → 1999-01-04
- ZURICH FINANCIAL SERVICES (UK) LIFE LIMITED 1998-09-08 → 1998-11-17
- PACELIST LIMITED 1998-05-13 → 1998-09-08
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on this assessment, the Directors have a reasonable expectation that the Company will be able to continue in operation and meet its liabilities as they fall due over the 12-month period from the date of signing, and therefore have adopted the going concern basis in preparing its financial statements”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 61 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MANDRYKO, Erica | Secretary | 2026-04-11 | — | — |
| BARKER, Robin Matthew | Director | 2025-10-29 | Aug 1972 | Italian |
| MATHIAS, Jennifer Elizabeth | Director | 2025-05-21 | Jul 1974 | British |
| MORRIS, Karen Juliet | Director | 2018-11-13 | Jul 1970 | British |
Show 61 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GIBBON, Margaret Elizabeth | Secretary | 2000-04-17 | 2003-08-19 |
| HALE, Isla Rebecca | Secretary | 2005-04-21 | 2005-05-24 |
| LOWE, Nigel | Secretary | 2005-05-24 | 2006-04-12 |
| OLISA HOLDING, Lily | Secretary | 2003-08-19 | 2005-04-21 |
| ROGERS, Helen Frances Leigh | Secretary | 2006-04-12 | 2007-11-01 |
| WILTSHIRE, James Anthony | Secretary | 1998-06-08 | 1999-05-31 |
| WOODWARD, Derek Richard | Secretary | 1999-05-31 | 2000-04-17 |
| QUAYSECO LIMITED | Corporate Secretary | 2007-11-01 | 2026-04-10 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1998-05-13 | 1998-06-08 |
| AVERY, Kate | Director | 2009-07-08 | 2013-12-31 |
| BAILEY, Caroline | Director | 2005-04-21 | 2009-04-06 |
| BALDWIN, Keith Reginald | Director | 2000-04-17 | 2003-08-31 |
| BALDWIN, Keith Reginald | Director | 1998-09-08 | 1999-10-15 |
| BRUNT, Simon Rogerson | Director | 2005-04-21 | 2011-09-30 |
| BUCKINGHAM, Stuart | Director | 2016-05-02 | 2017-03-24 |
| BULLIMORE, James Edward | Director | 2000-04-17 | 2005-04-21 |
| BURNE, Michael James | Director | 2009-04-06 | 2009-07-09 |
| CAMPBELL, Peter Charles | Director | 1998-09-08 | 1999-10-15 |
| CARBY, Keith Arthur | Director | 2009-04-06 | 2009-07-09 |
| CARRIE, David Ross | Director | 1998-09-08 | 1999-10-15 |
| CHIDWICK, Kevin David | Director | 2018-09-11 | 2020-02-01 |
| CLEE, Stuart John | Director | 2016-05-20 | 2018-04-09 |
| CLIFFORD, Simon John | Director | 2011-09-30 | 2014-12-05 |
| DAVIES, Mark Derek | Director | 2000-04-17 | 2003-09-11 |
| DAVIS, Martin Michael Arthur | Director | 2009-07-29 | 2011-06-15 |
| DEIGHTON, Shayne Paul | Director | 1998-09-08 | 1999-10-15 |
| DUCKWORTH, Mark | Director | 2015-06-05 | 2020-02-28 |
| ELLEN, Peter John | Director | 2008-03-27 | 2009-04-06 |
| FERNS, Michael Andrew | Director | 2000-04-17 | 2005-04-21 |
| GRAYBURN, Jeremy Ward | Director | 1998-09-08 | 1999-10-15 |
| HODKINSON, Phil Andrew | Director | 1998-09-08 | 1999-10-15 |
| HOPPER, Jon | Director | 2005-04-21 | 2007-10-18 |
| HOTSON, Grant Thomas | Director | 2023-02-27 | 2024-09-13 |
| HOUGHTON, Richard David | Director | 2020-07-10 | 2024-11-11 |
| HOWE, Peter Charles | Director | 2003-08-19 | 2004-07-29 |
| HOWELL, Alan James | Director | 1998-06-08 | 1998-09-08 |
| HOWELL, Philip Luard | Director | 2020-03-09 | 2023-01-06 |
| HUMPHRIES, Andrew Ralph | Director | 2000-04-17 | 2000-10-11 |
| JERRARD, Vincent John | Director | 1998-09-08 | 1999-10-15 |
| KENMIR, Anthony Paul | Director | 2005-04-21 | 2006-05-01 |
| KNOWLTON, Mark | Director | 2019-10-04 | 2021-09-30 |
| MASTERTON, Graham Bruce | Director | 2015-03-17 | 2016-01-13 |
| MCINTYRE, Mary-Anne | Director | 2010-11-17 | 2015-03-17 |
| MEERE, Frank | Director | 2021-10-13 | 2025-07-02 |
| MEYER, Antoine James Philippe Michel | Director | 1998-09-08 | 1999-10-15 |
| MILNER, Neil | Director | 2016-05-26 | 2018-12-31 |
| NAGEL, Marcus | Director | 2014-07-31 | 2016-05-19 |
| NAGEL, Marcus | Director | 2009-07-08 | 2012-02-27 |
| OLISA HOLDING, Lily | Director | 2004-07-29 | 2005-04-21 |
| REID, Grenville | Director | 1999-10-11 | 2000-04-17 |
| SEVIOUR, David Alan | Director | 2000-04-17 | 2003-05-12 |
| SIMS, David Perrott | Director | 1998-09-08 | 1999-10-15 |
| SMITH, Philip | Director | 1998-09-08 | 1998-10-12 |
| SUTTON, Penelope Ruth | Director | 1999-10-11 | 2000-04-17 |
| TORRANCE, Robert William | Director | 1998-06-08 | 1998-09-08 |
| WILLIAMS, Gary John Stephen | Director | 2012-02-27 | 2014-07-31 |
| WILTSHIRE, James Anthony | Director | 1998-06-08 | 1999-05-31 |
| WOODWARD, Derek Richard | Director | 1999-10-11 | 2000-04-17 |
| WORTHY, Judith | Director | 2017-09-12 | 2018-01-12 |
| WORTHY, Judith Margaret Ann | Director | 2016-01-05 | 2016-05-01 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1998-05-13 | 1998-06-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Openwork Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 255 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-06-11 RESOLUTIONS Resolution
- 2025-06-11 MA Memorandum articles
- 2025-04-07 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-22 | AA | accounts | Accounts with accounts type full | |
| 2026-05-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-17 | AD02 | address | Change sail address company with old address new address | |
| 2026-04-15 | AD02 | address | Change sail address company with old address new address | |
| 2026-04-13 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-04-13 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-12-30 | AA | accounts | Accounts with accounts type full | |
| 2025-10-29 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-11 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-11 | MA | incorporation | Memorandum articles | |
| 2025-06-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-05-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-07 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-04-07 | SH20 | capital | Legacy | |
| 2025-04-07 | CAP-SS | insolvency | Legacy | |
| 2025-04-07 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-14 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-13 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 2
- Officers appointed
- 2
- 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.