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Cash

£875k

+18.3% vs 2024

Net assets

£4.6m

+24.6% highest in 6 filed years

Employees

23

-4.2% vs 2024

Profit before tax

£1.4m

+98.4% highest in 3 filed years

Accounts

6-year trend · Δ = latest vs prior filed period · latest reflected 2025-10-31

Metric Trend 2020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31 Δ vs prior
Turnover £6,344,531£5,721,227£8,404,454 +46.9%
Operating profit £1,348,002£680,849£1,377,930 +102.4%
Profit before tax £1,349,584£702,310£1,393,130 +98.4%
Net profit £1,112,960£521,042£1,051,933 +101.9%
Cash £228,935£1,086,343£1,188,150£596,374£739,783£875,436 +18.3%
Total assets less current liabilities £1,414,038£1,724,851£2,338,806£3,227,107£3,779,796£4,665,865 +23.4%
Net assets £1,395,019£1,703,686£2,287,943£3,150,903£3,671,945£4,573,878 +24.6%
Equity £1,395,019£1,703,686£2,287,943£3,150,903£3,671,945£4,573,878 +24.6%
Average employees 202325242423 -4.2%
Wages
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 2020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Operating margin 21.2%11.9%16.4%
Net margin 17.5%9.1%12.5%
Return on capital employed 41.8%18.0%29.5%
Gearing (liabilities / total assets) 28.2%29.4%
Current ratio 3.78x3.52x3.35x

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 §1A
Reporting scope
Standalone (parent only)
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
Azets Audit Services
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“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

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

People

4 active · 0 resigned

Name Role Appointed Born Nationality
ALDERSON, Michael Paul Director 2013-08-22 Nov 1965 British
BISHOP, Stephen Director 2013-04-26 Oct 1962 British
JAMES, Keith Michael Director 2013-04-26 Mar 1954 British
WARD, Scott Barry Director 2013-08-22 May 1970 British

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Celtic Utilities Group Limited Corporate entity Shares 75–100%, Voting 75–100% 2021-11-01 Active
Mr Stephen Bishop Individual Shares 25–50% 2016-04-26 Ceased 2021-11-01
Mr Keith Michael James Individual Shares 25–50% 2016-04-26 Ceased 2021-11-01

Filing timeline

Last 20 of 37 total filings

Date Type Category Description
2026-07-22 AA accounts Accounts with accounts type full PDF
2026-01-08 CH01 officers Change person director company with change date PDF
2026-01-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-31 AA accounts Accounts with accounts type full PDF
2025-01-10 CS01 confirmation-statement Confirmation statement with updates PDF
2024-07-31 AA accounts Accounts with accounts type small PDF
2024-01-26 PSC05 persons-with-significant-control Change to a person with significant control PDF
2024-01-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-07-31 AA accounts Accounts with accounts type small PDF
2023-02-03 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2023-02-03 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2023-02-03 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2023-02-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-06-16 AA accounts Accounts with accounts type small PDF
2022-01-14 CS01 confirmation-statement Confirmation statement with updates PDF
2021-07-28 AA accounts Accounts with accounts type small PDF
2021-06-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-06-02 AA accounts Accounts with accounts type small PDF
2020-04-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-06-28 AA accounts Accounts with accounts type small PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

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