ONITY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-08
Overdue
Watchouts
Cash
£573K
Latest balance sheet
Net assets
£448K
+37% vs 2023
Employees
18
+350% highest in 4 filed years
Profit before tax
£133K
+31.7% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-05-08.
-
Material uncertainty over going concern
There is the intention to have the company liquidated within the 2025 financial year. Accordingly, the going concern basis of accounting is not appropriate and the financial statements have been prepared on a basis other than going concern. No material adjustment arose as a result of ceasing to apply the going concern basis.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | £1,514,496 | £1,172,430 | £1,628,000 | £3,036,000 | |
| Operating profit | £223,833 | £15,415 | £47,000 | £114,000 | |
| Profit before tax | £153,883 | £7,164 | £101,000 | £133,000 | |
| Net profit | — | — | £77,000 | £121,000 | |
| Cash | £0 | £0 | — | £573,000 | |
| Total assets less current liabilities | £1,075,141 | £830,297 | £357,000 | £586,000 | |
| Net assets | £617,886 | £625,247 | £327,000 | £448,000 | |
| Equity | £617,886 | £625,247 | £327,000 | £448,000 | |
| Average employees | 6 | 6 | 4 | 18 | |
| Wages | — | — | £267,000 | £1,262,000 | |
| Directors' remuneration | — | — | — | — |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+86.5%
£1,628,000 £3,036,000
highest in 4 filed years
-
Cash
—
Not reported
-
Net assets
+37%
£327,000 £448,000
-
Employees
+350%
4 18
highest in 4 filed years
-
Operating profit
+142.6%
£47,000 £114,000
-
Profit before tax
+31.7%
£101,000 £133,000
-
Wages
+372.7%
£267,000 £1,262,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | 14.8% | 1.3% | 2.9% | 3.8% | |
| Net margin | — | — | 4.7% | 4.0% | |
| Return on capital employed | 20.8% | 1.9% | 13.2% | 19.5% | |
| Current ratio | — | — | 1.28x | 1.46x | |
| Interest cover | 3.20x | 1.87x | — | 114.00x |
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
- ONITY LIMITED 2002-09-30 → present
- TESA ENTRY SYSTEMS LIMITED 2000-06-22 → 2002-09-30
- EGHB 106 LIMITED 2000-04-18 → 2000-06-22
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“There is the intention to have the company liquidated within the 2025 financial year. Accordingly, the going concern basis of accounting is not appropriate and the financial statements have been prepared on a basis other than going concern. No material adjustment arose as a result of ceasing to apply the going concern basis.”
Significant events
- “Subsequent to year end the directors of the company approved a plan to hive up the trade and assets of Onity Limited into Honeywell Security (UK) Limited through a business transfer agreement.”
- “On 16 October 2025, under section 641 of the Companies Act 2006, the board of directors passed an ordinary resolution in order to reduce the share capital of the company by reducing the nominal value of each of the company's issued ordinary shares of £1.00 each to £0.0001 each.”
- “Honeywell completed the acquisition of Carrier Global Corporation's Global Access Solutions business, which included Onity Limited. Starting 3rd of June 2024 the immediate parent undertaking is Honeywell Security UK Limited, a company incorporated in United Kingdom.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLIFFORD, Ronan | Director | 2024-06-03 | Aug 1980 | Irish |
| MARTIN, Mikel | Director | 2012-06-18 | Sep 1977 | Spanish |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BIRCHALL, Arthur James | Secretary | 2001-09-28 | 2003-11-18 |
| COOPER, Dionne | Secretary | 2003-11-18 | 2005-08-10 |
| HILL, Robert Christopher | Secretary | 2000-11-14 | 2001-09-28 |
| LAFRENIERE, Nora Elizabeth | Secretary | 2005-08-10 | 2009-12-18 |
| STRATTON, Malcolm | Secretary | 2000-06-02 | 2000-11-14 |
| CRESCENT HILL LIMITED | Corporate Nominee Secretary | 2000-04-18 | 2000-06-02 |
| BAUDENA, Stephane Roland Henri | Director | 2022-01-28 | 2024-02-05 |
| IBARRONDO, Borja | Director | 2011-06-27 | 2022-01-28 |
| JILANI, Ahsun | Director | 2024-02-05 | 2025-09-11 |
| JOHNSON, Dwinette Evadne | Director | 2007-11-21 | 2012-06-18 |
| SINHA, Harish Kumar | Director | 2009-12-18 | 2011-06-27 |
| SLOSS, Robert John | Director | 2009-05-18 | 2009-12-18 |
| CHUBB MANAGEMENT SERVICES LIMITED | Corporate Director | 2000-06-02 | 2012-06-18 |
| ST ANDREWS COMPANY SERVICES LIMITED | Corporate Nominee Director | 2000-04-18 | 2000-06-02 |
| WESTMINSTER SECURITIES LIMITED | Corporate Director | 2000-06-02 | 2007-11-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Honeywell Security Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2024-06-03 | Active |
| Carrier Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-07-12 | Ceased 2024-06-03 |
| Managing Director Borja Ibarrondo | Individual | Significant influence | 2016-04-06 | Ceased 2021-07-12 |
Filing timeline
Last 20 of 117 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-17 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-20 | AA | accounts | Accounts with accounts type full | |
| 2025-10-17 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-10-17 | SH20 | capital | Legacy | |
| 2025-10-17 | CAP-SS | insolvency | Legacy | |
| 2025-10-17 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-29 | DISS40 | gazette | Gazette filings brought up to date | |
| 2025-07-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-07-15 | GAZ1 | gazette | Gazette notice compulsory | |
| 2025-04-03 | AA | accounts | Accounts with accounts type full | |
| 2024-06-14 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-06-14 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-14 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-05-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-12 | AA | accounts | Accounts with accounts type full | |
| 2023-05-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-17 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 2
- 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.