NETWORK PLUS SERVICES LTD
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Next accounts due
2026-12-30 (in 7mo)
Last filed for 2025-03-30
Confirmation statement due
2026-11-24 (in 6mo)
Last made up 2025-11-10
Watchouts
None on the register
Cash
£36M
+40.8% highest in 4 filed years
Net assets
£110M
+20% highest in 4 filed years
Employees
2,423
+1.3% highest in 4 filed years
Profit before tax
£24M
-22.7% lowest in 4 filed years
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2025-03-28
Latest accounts filed cover 2025-03-30; financial figures currently reflect up to 2025-03-28.
| Metric | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2024-03-29 | 2025-03-28 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £223,499,379 | £393,456,324 | £536,255,000 | £584,784,000 | |
| Operating profit | — | — | £23,646,406 | £34,215,052 | £34,368,000 | £24,767,000 | |
| Profit before tax | — | — | £25,440,049 | £34,161,674 | £31,660,000 | £24,475,000 | |
| Net profit | — | — | £21,033,940 | £27,176,386 | £24,142,000 | £18,383,000 | |
| Cash | — | — | £21,464,325 | £16,339,745 | £25,332,000 | £35,655,000 | |
| Total assets less current liabilities | — | — | £29,279,817 | £59,381,187 | £97,554,000 | £118,968,000 | |
| Net assets | — | — | £29,279,817 | £56,456,203 | £91,891,000 | £110,274,000 | |
| Equity | £12,466,534 | £25,558,877 | £29,279,817 | £56,456,203 | £91,891,000 | £110,274,000 | |
| Average employees | — | — | 1,118 | 2,037 | 2,392 | 2,423 | |
| Wages | — | — | £41,600,952 | £74,937,474 | £99,386,000 | £112,795,000 | |
| Directors' remuneration | — | — | £799,234 | — | — | — |
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
FY2024 → FY2025 · period ending 2025-03-28 vs 2024-03-29
-
Turnover
+9%
£536,255,000 £584,784,000
highest in 4 filed years
-
Cash
+40.8%
£25,332,000 £35,655,000
highest in 4 filed years
-
Net assets
+20%
£91,891,000 £110,274,000
highest in 4 filed years
-
Employees
+1.3%
2,392 2,423
highest in 4 filed years
-
Operating profit
-27.9%
£34,368,000 £24,767,000
-
Profit before tax
-22.7%
£31,660,000 £24,475,000
lowest in 4 filed years
-
Wages
+13.5%
£99,386,000 £112,795,000
highest in 4 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
Heads up: a more recent set of accounts has been filed but isn't yet reflected here — the figures above are older than the company's latest filing.
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2024-03-29 | 2025-03-28 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | 10.6% | 8.7% | 6.4% | 4.2% | |
| Net margin | — | — | 9.4% | 6.9% | 4.5% | 3.1% | |
| Return on capital employed | — | — | 80.8% | 57.6% | 35.2% | 20.8% | |
| Current ratio | — | — | — | — | 1.15x | 0.92x | |
| Interest cover | — | — | 3719.74x | 641.00x | 230.66x | 41.91x |
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 1 time since incorporation
- NETWORK PLUS SERVICES LTD 2019-12-20 → present
- T&K GALLAGHER LIMITED 2000-08-22 → 2019-12-20
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis as the Directors have a reasonable expectation that the Company has adequate resources for a period of at least 12 months from the date of approval of the financial statements.”
Group structure
- NETWORK PLUS SERVICES LTD · parent
- Overlec Limited 100%
- Network Plus Multi Utility Limited 100%
- EOS Contracting Limited 100%
- Littlewood Group Ltd 100%
Significant events
- “significant acquisitions to broaden our service offering”
- “acquisition of certain trade and assets of AC Landscapes & Treeworks UK Limited, a vegetation management business”
- “creation of a district heating division dedicated to delivering reliable, innovative and sustainable heating solutions”
- “acquisition of Littlewood Group Limited (100% share capital, fencing services) on 19 September 2024”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FOWLIE, Kevin Alexander | Director | 2023-11-02 | Feb 1980 | British |
| MAITLAND, James Martin | Director | 2024-11-04 | Aug 1983 | British |
| PORTER, Michael | Director | 2023-11-02 | Nov 1967 | British |
| PRESCOTT, David Brian | Director | 2026-02-11 | Nov 1986 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GALLAGHER, Karen | Secretary | 2000-09-10 | 2008-01-02 |
| O'CONNOR, Michael Vincent | Secretary | 2008-01-11 | 2019-08-30 |
| HIGHSTONE SECRETARIES LIMITED | Corporate Nominee Secretary | 2000-08-22 | 2000-08-30 |
| ALDERSON, Stephen John | Director | 2015-01-01 | 2019-03-29 |
| BIRCHALL, Philip John | Director | 2019-03-29 | 2023-10-27 |
| DUCKWORTH, Kathryn Anne | Director | 2015-01-01 | 2019-08-30 |
| FRASER, Stuart Alan | Director | 2018-09-19 | 2023-02-10 |
| GALLAGHER, Thomas Joseph | Director | 2000-09-10 | 2019-08-30 |
| HOLLAND, Daniel Lawrence | Director | 2018-09-19 | 2024-11-04 |
| O'CONNOR, Michael Vincent | Director | 2011-03-01 | 2019-08-30 |
| O'SULLIVAN, Denis Adrian | Director | 2004-07-05 | 2011-06-03 |
| O'SULLIVAN, Matthew Patrick | Director | 2015-01-01 | 2026-02-11 |
| TILBROOK, Adam Robert | Director | 2015-01-01 | 2020-06-23 |
| HIGHSTONE DIRECTORS LIMITED | Corporate Nominee Director | 2000-08-22 | 2000-08-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gallagher Topco Limited | Corporate entity | Shares 75–100% | 2016-05-13 | Ceased 2016-05-13 |
| Network Plus Utility Services Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-05-13 | Active |
Filing timeline
Last 20 of 156 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-11 | CH01 | officers | Change person director company with change date | |
| 2025-11-11 | CH01 | officers | Change person director company with change date | |
| 2025-09-02 | AA | accounts | Accounts with accounts type full | |
| 2024-11-25 | CH01 | officers | Change person director company with change date | |
| 2024-11-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-22 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-06 | AA | accounts | Accounts with accounts type full | |
| 2024-07-31 | CH01 | officers | Change person director company with change date | |
| 2024-03-08 | AA | accounts | Accounts with accounts type full | |
| 2023-12-22 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-12-19 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-11-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-17 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-17 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-17 | TM01 | officers | Termination director company with name termination date | |
| 2023-02-23 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- 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.