UK STORAGE COMPANY (SW) LIMITED
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Cash
£9m
+36.4% highest in 6 filed years
Net assets
£32m
+32.9% highest in 6 filed years
Employees
34
+54.5% vs 2025
Profit before tax
£4m
-26% vs 2025
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £7,823,837 | £11,822,657 | £13,839,030 | £14,159,999 | £14,992,680 | £15,393,853 | +2.7% | |
| Operating profit | £3,277,635 | £6,106,619 | £6,472,506 | £5,449,287 | £5,303,432 | £3,125,661 | -41.1% | |
| Profit before tax | £3,111,668 | £5,953,022 | £6,387,632 | £5,493,110 | £5,373,223 | £3,976,123 | -26% | |
| Net profit | £2,553,218 | £4,660,626 | £5,591,727 | £4,950,801 | £4,768,487 | £3,431,538 | -28% | |
| Cash | £1,056,581 | £1,316,877 | £1,317,883 | £3,374,675 | £6,571,528 | £8,960,543 | +36.4% | |
| Total assets less current liabilities | £11,528,779 | £14,556,013 | £16,331,858 | £21,180,579 | £26,133,867 | £49,998,292 | +91.3% | |
| Net assets | £6,210,112 | £8,604,824 | £14,119,827 | £19,070,628 | £23,839,115 | £31,685,457 | +32.9% | |
| Equity | £5,144,834 | £8,604,824 | £14,119,827 | £19,070,628 | £23,839,115 | £31,685,457 | +32.9% | |
| Average employees | 35 | 32 | 30 | 28 | 22 | 34 | +54.5% | |
| Wages | £650,153 | £669,153 | £715,987 | £929,434 | £1,076,118 | £1,595,249 | +48.2% | |
| Directors' remuneration | £19,010 | £19,128 | £23,816 | £162,443 | £361,076 | £453,805 | +25.7% | |
| Directors' pension contributions | — | — | — | £3,150 | £5,221 | £11,600 | +122.2% | |
| Highest paid director | — | — | — | — | £208,262 | £273,688 | +31.4% |
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 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 41.9% | 51.7% | 46.8% | 38.5% | 35.4% | 20.3% | |
| Net margin | 32.6% | 39.4% | 40.4% | 35.0% | 31.8% | 22.3% | |
| Return on capital employed | 28.4% | 42.0% | 39.6% | 25.7% | 20.3% | 6.3% | |
| Gearing (liabilities / total assets) | 54.7% | 49.7% | 24.1% | 23.2% | 35.6% | 43.9% | |
| Current ratio | — | — | — | 2.56x | 0.74x | 2.11x | |
| Interest cover | 19.75x | 39.76x | 76.26x | — | — | 5.66x |
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
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “During the year, the group undertook a hive-up reorganisation resulting in the derecognition of investments of £12,118,448 and the recognition of goodwill of £10,193,038, along with related fixed assets and working capital balances, including debtors, creditors and stock.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HAND, Nick | Director | 2025-04-01 | Sep 1987 | British |
| LE NORMAND, Pierre Francois Marie | Director | 2023-06-08 | Oct 1986 | French |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| TAYLOR, Catherine Wilmeth | Secretary | 2005-01-03 | 2023-06-08 |
| FORMATION SECRETARIES LIMITED | Corporate Secretary | 2004-12-16 | 2004-12-16 |
| KING, Simon Alexander Brewer | Director | 2023-08-14 | 2026-03-31 |
| MORRIS, Gareth | Director | 2024-01-01 | 2025-02-26 |
| TAYLOR, Catherine Wilmeth | Director | 2005-01-03 | 2023-06-08 |
| TAYLOR, Keith Michael | Director | 2004-12-17 | 2023-06-08 |
| FORMATION NOMINEES LIMITED | Corporate Director | 2004-12-16 | 2004-12-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Zeus Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-06-08 | Ceased 2023-06-08 |
| Mr Anthony Yoseloff | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2023-06-08 | Active |
| Mrs Catherine Wilmeth Taylor | Individual | Shares 25–50%, Shares 25–50% (as firm) | 2016-04-06 | Ceased 2023-06-08 |
| Mr Keith Michael Taylor | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2023-06-08 |
Filing timeline
Last 20 of 120 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-07 | AA | accounts | Accounts with accounts type full | |
| 2026-06-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-06-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-20 | SH01 | capital | Capital allotment shares | |
| 2025-10-09 | AA | accounts | Accounts with accounts type group | |
| 2025-07-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-25 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-02-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-02 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 1
- 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.