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Cash

£51M

+19.7% vs 2024

Net assets

£131M

+1.5% vs 2024

Employees

395

+10.6% vs 2024

Profit before tax

£20M

+17.5% vs 2024

Accounts

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

Metric Trend 2024-12-312025-12-31 Δ vs prior
Turnover £108,742,201£125,246,065 +15.2%
Operating profit £14,785,808£17,784,223 +20.3%
Profit before tax £17,085,944£20,070,321 +17.5%
Net profit £12,958,624£14,296,357 +10.3%
Cash £42,673,870£51,100,555 +19.7%
Total assets less current liabilities £136,550,097£140,806,372 +3.1%
Net assets £128,594,470£130,503,762 +1.5%
Equity £128,594,470£130,503,762 +1.5%
Average employees 357395 +10.6%
Wages £42,086,579£48,160,096 +14.4%
Directors' remuneration

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 2024-12-312025-12-31
Operating margin 13.6%14.2%
Net margin 11.9%11.4%
Return on capital employed 10.8%12.6%
Gearing (liabilities / total assets) 21.9%24.2%
Current ratio 3.78x3.81x

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. HUAWEI TECHNOLOGIES RESEARCH & DEVELOPMENT (UK) LIMITED 2017-06-27 → present
  2. NEUL LIMITED 2010-09-09 → 2017-06-27

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
PKF Littlejohn LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis, which the directors consider to be appropriate. The directors have prepared cash flow forecasts for a period of at least 12 months from the date of approval of these financial statements, which indicate that the Company will have sufficient funds to meet its liabilities as they fall due for that period.”

Significant events

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

People

3 active · 27 resigned

Name Role Appointed Born Nationality
LEUNG, Pak Hei Matthew Director 2025-04-07 Sep 1979 British
ZHANG, Lei Director 2023-04-17 Feb 1979 Chinese
ZHANG, Zhe Director 2025-04-07 Aug 1981 Chinese
Show 27 resigned officers
Name Role Appointed Resigned
TAYLOR WESSING SECRETARIES LIMITED Corporate Secretary 2010-09-09 2010-09-10
BOLAND, Stan Director 2013-04-23 2014-09-16
BURSBY, Richard Michael Director 2010-09-09 2010-09-10
CHEN, Zhidong Director 2017-12-06 2021-07-27
CLEEVELY, David Douglas Director 2011-07-28 2014-09-16
COLLIER, James Digby Yarlet Director 2013-10-22 2014-09-16
COLLIER, James Digby Yarlet Director 2010-09-10 2013-06-26
COLLINSON, Glenn Director 2011-07-04 2013-06-26
COOK, Simon Christopher Director 2011-07-07 2014-09-16
COTTON, Charles William Alfred Director 2011-07-04 2013-06-26
DENG, Hanhua Director 2021-01-29 2022-11-10
HAIBO, Li Director 2021-08-04 2023-04-17
HE, Tingbo Director 2014-09-16 2016-10-03
LI, Jian Director 2017-12-06 2021-07-02
LI, Min Director 2016-10-03 2017-12-06
LIN, Huang Director 2022-07-28 2023-10-16
PENG, Qiuen Director 2016-10-03 2017-12-06
WANG, Shengli Director 2016-10-03 2017-12-06
WEI, Zhang Director 2021-08-04 2022-07-29
YAN, Lida Director 2023-10-16 2025-04-07
YIN, Gang Director 2014-09-16 2016-10-03
ZHANG, Bin Director 2022-11-09 2025-04-07
ZHOU, Hong Director 2017-12-06 2019-03-04
ZHUANG, Jian Director 2019-03-04 2021-02-02
HUNTSMOOR LIMITED Corporate Director 2010-09-09 2010-09-10
HUNTSMOOR NOMINEES LIMITED Corporate Director 2010-09-09 2010-09-10
IQ CAPITAL DIRECTORS NOMINEES LTD Corporate Director 2011-07-07 2014-09-16

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 136 total filings

Date Type Category Description
2026-04-27 AD01 address Change registered office address company with date old address new address PDF
2026-04-18 AA accounts Accounts with accounts type full
2025-09-12 CH01 officers Change person director company with change date PDF
2025-09-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-04-14 TM01 officers Termination director company with name termination date PDF
2025-04-14 TM01 officers Termination director company with name termination date PDF
2025-04-14 AP01 officers Appoint person director company with name date PDF
2025-04-14 AP01 officers Appoint person director company with name date PDF
2025-04-08 AA accounts Accounts with accounts type full
2024-09-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-04-18 AA accounts Accounts with accounts type full
2023-10-16 AP01 officers Appoint person director company with name date PDF
2023-10-16 TM01 officers Termination director company with name termination date PDF
2023-09-18 MR04 mortgage Mortgage satisfy charge full PDF
2023-09-18 MR04 mortgage Mortgage satisfy charge full PDF
2023-09-15 MR04 mortgage Mortgage satisfy charge full PDF
2023-09-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-08-31 AD03 address Move registers to sail company with new address PDF
2023-08-29 AD02 address Change sail address company with old address new address PDF
2023-04-25 CH01 officers Change person director company with change date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

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