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Cash

£174K

+21.9% highest in 3 filed years

Net assets

£3.3M

+6.8% highest in 3 filed years

Employees

26

-3.7% lowest in 3 filed years

Profit before tax

£319K

+19.4% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £8,258,278£6,331,441£6,682,616 +5.5%
Operating profit £891,648£177,890£240,717 +35.3%
Profit before tax £851,097£267,283£319,045 +19.4%
Net profit £828,783£334,932£209,963 -37.3%
Cash £133,843£142,621£173,845 +21.9%
Total assets less current liabilities £3,387,802£3,611,697£3,793,643 +5%
Net assets £2,741,891£3,092,876£3,302,839 +6.8%
Equity £2,741,891£3,092,876£3,302,839 +6.8%
Average employees 282726 -3.7%
Wages £1,073,035£1,205,764£1,083,563 -10.1%
Directors' remuneration £0£0

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 2023-12-312024-12-312025-12-31
Operating margin 10.8%2.8%3.6%
Net margin 10.0%5.3%3.1%
Return on capital employed 26.3%4.9%6.3%
Gearing (liabilities / total assets) 49.9%48.0%
Current ratio 1.98x2.17x2.25x
Interest cover 22.36x3.93x3.93x

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

  1. DERRICK SERVICES (UK) LIMITED 2007-12-21 → present
  2. DERRICK STRUCTURES LIMITED 2007-12-06 → 2007-12-21

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Standalone (parent only)
Auditor
Lovewell Blake LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.”

Group structure

  1. DERRICK SERVICES (UK) LIMITED · parent
    1. Derrick Services India Pvt Ltd · India · offshore construction services, drilling structures, rig upgrade, refurbishment and general fabrication

Significant events

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

People

2 active · 11 resigned

Name Role Appointed Born Nationality
DJENDOU, Abdou Director 2021-06-03 Jan 1975 Algerian
YOUSUF, Nauman Director 2021-06-03 May 1983 American
Show 11 resigned officers
Name Role Appointed Resigned
KNIGHTS, John Ivan Secretary 2008-04-14 2016-08-08
SMITH, Karen Claire Secretary 2007-12-06 2008-04-14
CHANDLER, Mark Director 2018-09-01 2021-01-29
CHANDLER, Mark Director 2008-05-01 2016-08-08
HUGGINS, Nicholas John Director 2020-07-23 2021-06-03
JAIN, Amit Director 2016-08-08 2020-06-30
KNIGHTS, John Ivan Director 2018-09-01 2021-07-29
KNIGHTS, John Ivan Director 2007-12-07 2016-08-08
KUMAR, Abhishek Director 2016-08-08 2021-06-03
PRENDERGAST, Mark Thomas Michael Director 2018-09-01 2019-04-24
SMITH, Michael Patrick Director 2007-12-06 2018-02-13

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Joulon Me Acquisition Limited Corporate entity Shares 75–100% 2022-07-08 Ceased 2025-01-31

Filing timeline

Last 20 of 102 total filings

Date Type Category Description
2026-06-06 AA accounts Accounts with accounts type full
2025-10-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-24 AA accounts Accounts with accounts type group
2025-01-31 PSC08 persons-with-significant-control Notification of a person with significant control statement PDF
2025-01-31 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2024-09-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-05-20 AA accounts Accounts with accounts type group
2023-10-11 AA accounts Accounts with accounts type group
2023-09-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-12-19 AA accounts Accounts with accounts type group
2022-09-15 CS01 confirmation-statement Confirmation statement with updates PDF
2022-08-02 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2022-08-02 PSC09 persons-with-significant-control Withdrawal of a person with significant control statement PDF
2022-01-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-12-03 AA accounts Accounts with accounts type group
2021-07-30 TM01 officers Termination director company with name termination date PDF
2021-06-08 TM01 officers Termination director company with name termination date PDF
2021-06-08 TM01 officers Termination director company with name termination date PDF
2021-06-04 AP01 officers Appoint person director company with name date PDF
2021-06-04 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

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.

Official Companies House page