ZINC GROUP LIMITED
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Next accounts due
2027-02-28 (in 9mo)
Last filed for 2025-05-30
Confirmation statement due
2026-12-26 (in 7mo)
Last made up 2025-12-12
Watchouts
None on the register
Cash
£209K
-23.6% vs 2024
Net assets
£339K
-87.8% vs 2024
Employees
170
-13.7% vs 2024
Profit before tax
-£3M
-257% vs 2024
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-05-30
| Metric | Trend | 2024-05-30 | 2025-05-30 |
|---|---|---|---|
| Turnover | £11,001,273 | £6,463,034 | |
| Operating profit | £1,719,452 | -£2,547,075 | |
| Profit before tax | £1,684,490 | -£2,645,128 | |
| Net profit | £1,222,980 | -£2,174,948 | |
| Cash | £272,837 | £208,518 | |
| Total assets less current liabilities | £2,781,030 | £714,415 | |
| Net assets | £2,781,030 | £339,415 | |
| Equity | £2,781,030 | £339,415 | |
| Average employees | 197 | 170 | |
| Wages | £5,402,656 | £4,917,633 | |
| Directors' remuneration | £273,392 | £139,085 |
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 2025-05-30 vs 2024-05-30
-
Turnover
-41.3%
£11,001,273 £6,463,034
-
Cash
-23.6%
£272,837 £208,518
-
Net assets
-87.8%
£2,781,030 £339,415
-
Employees
-13.7%
197 170
-
Operating profit
-248.1%
£1,719,452 -£2,547,075
-
Profit before tax
-257%
£1,684,490 -£2,645,128
-
Wages
-9%
£5,402,656 £4,917,633
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 | 2024-05-30 | 2025-05-30 |
|---|---|---|---|
| Operating margin | 15.6% | -39.4% | |
| Net margin | 11.1% | -33.7% | |
| Return on capital employed | 61.8% | -356.5% | |
| Current ratio | 1.70x | 0.90x | |
| Interest cover | 33.88x | -19.46x |
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
- Consolidated group
- Auditor
- Armstrong Watson Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After reviewing the company's forecasts, together with the forecasts for its subsidiary undertakings, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Consequently, the company continues to adopt the going concern basis in preparing its financial statements.”
Group structure
- ZINC GROUP LIMITED · parent
- Complete Credit Consultancy Limited 100%
- Zinc Inhouse Limited 100%
- Zinc BPO Limited 100%
Significant events
- “The directors took a strategic and calculated decision to maintain operational capacity at 2024 levels pending the inception of a major new contract and expectation of growth in another contract all of which took 12 months to onboard.”
- “The board made major press announcements to that effect in January, highlighting the growth and announcing an expansion of the Glasgow premises to a customer branded, fully refurbished contact centre.”
- “Zinc Group has expanded, through re-location, its Stratford operations creating a combined capacity for 700 full time roles in 22,000 Sq ft of office space. Investment in AI capability is being embedded to allow scalability whilst maintaining human-led care and compliance.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AITKEN, James | Director | 2009-01-13 | Apr 1967 | British |
| MCMANUS, Douglas James | Director | 2008-12-12 | Nov 1958 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HAGUE, Christopher | Director | 2020-01-06 | 2023-10-05 |
| PROCTOR, Craig Francis | Director | 2011-10-28 | 2025-12-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Douglas James Mcmanus | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Active |
| Mr James Aitken | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 64 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-26 | AA | accounts | Accounts with accounts type group | |
| 2026-02-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-01-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-03 | AA | accounts | Accounts with accounts type group | |
| 2024-12-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-03 | AA | accounts | Accounts with accounts type group | |
| 2024-01-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-05 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-09 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-03-02 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-12-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-07 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-01-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-20 | CH01 | officers | Change person director company with change date | |
| 2021-01-20 | CH01 | officers | Change person director company with change date | |
| 2021-01-20 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2021-01-20 | CH01 | officers | Change person director company with change date | |
| 2021-01-19 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- 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.