ETL HOLDINGS (UK) LTD
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Cash
£12m
+75.4% highest in 3 filed years
Net assets
£34m
+19.6% highest in 3 filed years
Employees
249
0% vs 2024
Profit before tax
£7.5m
-10.4% lowest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £20,350,783 | £23,985,898 | £27,262,435 | +13.7% | |
| Operating profit | £154,345 | -£1,060,539 | -£1,152,723 | -8.7% | |
| Profit before tax | £7,520,264 | £8,326,815 | £7,461,579 | -10.4% | |
| Net profit | £6,117,889 | £6,476,596 | £5,770,498 | -10.9% | |
| Cash | £3,560,495 | £6,731,155 | £11,807,557 | +75.4% | |
| Total assets less current liabilities | £47,785,646 | £75,972,930 | £92,918,661 | +22.3% | |
| Net assets | £22,189,021 | £28,695,258 | £34,305,833 | +19.6% | |
| Equity | £22,189,021 | £28,695,258 | £34,305,833 | +19.6% | |
| Average employees | 232 | 249 | 249 | 0% | |
| Wages | £12,529,657 | £14,481,143 | £15,388,176 | +6.3% | |
| Directors' remuneration | £220,914 | £178,332 | £245,000 | +37.4% | |
| Directors' pension contributions | — | £2,000 | £2,000 | 0% | |
| Highest paid director | £220,914 | £178,332 | £245,000 | +37.4% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 0.8% | -4.4% | -4.2% | |
| Net margin | 30.1% | 27.0% | 21.2% | |
| Return on capital employed | 0.3% | -1.4% | -1.2% | |
| Gearing (liabilities / total assets) | 76.9% | 72.7% | 70.5% | |
| Current ratio | 0.78x | 1.61x | 2.33x | |
| Interest cover | 0.05x | -0.32x | -0.36x |
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
- SCCA Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have the support of the company's ultimate parent company”
Group structure
- ETL HOLDINGS (UK) LTD · parent
- ETL Cambridge LLP 100%
- Wealth Recovery Solicitors Limited 100%
- HRpeople Services Limited 77.78%
- ETL LEX Holdings Limited 75%
- INNventory Limited 72.89%
- ETL IT Limited 70%
- PAYEpeople Limited 62.5%
- AJ Chambers Recruitment Ltd 51%
- Glaisyers Solicitors LLP 51%
- Naylor Accountancy Services Ltd 51%
Significant events
- “During the year ended 31 December 2025 the group acquired a minority shareholding in the following accountancy firm, Nash Harvey Group LLP.”
- “During 2025 the group acquired a controlling equity stake in the, Wealth Recovery Solicitors Limited, a legal practice.”
- “The Group disposed of part of its shareholding in Harold Sharp Limited as well during 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BORRELL, Rosa Del Carmen Martinez | Director | 2023-01-01 | Jun 1989 | German |
| BRASSINGTON, Sara | Director | 2014-03-19 | Mar 1976 | British |
| GORNY, Christian, Dr | Director | 2015-06-01 | Apr 1973 | German |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| STIRRAT, John Crawford | Secretary | 2012-05-28 | 2014-03-19 |
| SCHMIDT, Walter Karl | Director | 2014-03-19 | 2015-06-01 |
| SCHMIDT, Walter Karl | Director | 2012-05-28 | 2014-03-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Sara Brassington | Individual | Significant influence | 2017-05-28 | Ceased 2017-07-27 |
| Etl International Ag | Corporate entity | Shares 75–100% | 2017-05-28 | Active |
Filing timeline
Last 20 of 49 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-29 | AA | accounts | Accounts with accounts type group | |
| 2026-07-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-23 | AA | accounts | Accounts with accounts type group | |
| 2025-06-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-13 | AA | accounts | Accounts with accounts type group | |
| 2024-06-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-07 | CH01 | officers | Change person director company with change date | |
| 2024-05-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-24 | AA | accounts | Accounts with accounts type group | |
| 2023-06-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-03 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-01 | AA | accounts | Accounts with accounts type group | |
| 2022-05-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-05 | AA | accounts | Accounts with accounts type group | |
| 2021-06-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-11 | CH01 | officers | Change person director company with change date | |
| 2020-08-26 | AA | accounts | Accounts with accounts type group | |
| 2020-06-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2019-10-09 | AA | accounts | Accounts with accounts type small |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.