GLOBAL HSE SOLUTIONS LTD

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

• Turnover

  -16.5%

  £14,678,545 → £12,254,765

• Cash

  -60%

  £1,225,385 → £490,725

• Net assets

  -2.1%

  £2,068,162 → £2,025,685

• Employees

  +28.8%

  73 → 94

  highest in 5 filed years

• Operating profit

  -93.3%

  £2,220,428 → £149,155

• Profit before tax

  -95.4%

  £2,163,449 → £100,583

• Wages

  +42.6%

  £3,340,546 → £4,762,094

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

UHY Hacker Young

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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

• “The principal risks and uncertainties continue to relate to the ongoing implications of the Building Safety Act 2022 and delays within the Building Safety Regulator's approval processes, which are well documented across the industry.”
• “During the year, the company allotted 100 ordinary E shares of £1 each at an issue price of £722.50 per share, resulting in a share premium reserve of £72,150. As the shares were unpaid at the year end, the total amount is included within Other Debtors.”
• “Additionally, 3 of the £1 ordinary E shares were repurchased and cancelled on the same date. The corresponding reduction in share capital and share premium has been reflected in the statement of changes in equity.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.