NETCOMPANY UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-27 (in 1mo)
Last made up 2025-06-13
Watchouts
None on the register
Cash
£7M
-26.5% vs 2023
Net assets
£17M
+9.1% vs 2023
Employees
560
-6.2% vs 2023
Profit before tax
£2M
-29% vs 2023
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £76,252,572 | £69,727,377 | |
| Operating profit | £3,004,866 | £761,885 | |
| Profit before tax | £2,874,683 | £2,040,921 | |
| Net profit | £2,162,141 | £1,800,738 | |
| Cash | £8,992,419 | £6,607,752 | |
| Total assets less current liabilities | £15,833,815 | £19,679,153 | |
| Net assets | £15,678,263 | £17,103,020 | |
| Equity | £15,678,263 | £17,103,020 | |
| Average employees | 597 | 560 | |
| Wages | £42,296,383 | £43,932,315 | |
| Directors' remuneration | £381,886 | £444,037 |
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-8.6%
£76,252,572 £69,727,377
-
Cash
-26.5%
£8,992,419 £6,607,752
-
Net assets
+9.1%
£15,678,263 £17,103,020
-
Employees
-6.2%
597 560
-
Operating profit
-74.6%
£3,004,866 £761,885
-
Profit before tax
-29%
£2,874,683 £2,040,921
-
Wages
+3.9%
£42,296,383 £43,932,315
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 3.9% | 1.1% | |
| Net margin | 2.8% | 2.6% | |
| Return on capital employed | 19.0% | 3.9% | |
| Gearing (liabilities / total assets) | 38.2% | 35.6% | |
| Current ratio | 1.51x | 2.12x | |
| Interest cover | 22.85x | 7.68x |
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 2 times since incorporation
- NETCOMPANY UK LIMITED 2018-01-31 → present
- HUNTER MACDONALD LTD 2014-07-07 → 2018-01-31
- HUNTER MACDONALD RESOURCING SOLUTIONS LIMITED 2013-06-13 → 2014-07-07
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making an assessment of the going concern position of the Company and review of cashflow forecasts for a period to 31 December 2026, including stress test-ing of key risk factors, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for a period to 31 December 2026. Stress testing of key risk factors pri-marily related to evaluating the effect of a decrease in revenue as a result of decreased demand for IT services in the UK. Accordingly, they continue to adopt the going concern basis in preparing the annual report and ac-counts.”
Group structure
- NETCOMPANY UK LIMITED · parent
- Netcompany Vietnam Ltd. 100%
Significant events
- “No events have occurred after the balance sheet date, which would influence the evaluation of this Annual Report.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAVIES, Richard | Director | 2023-01-18 | Nov 1965 | British |
| JOHANSEN, Thomas | Director | 2018-03-29 | Sep 1970 | Danish |
| JORGENSEN, Claus Bo | Director | 2018-03-29 | Aug 1967 | Danish |
| POULSEN, Anders Frederik | Director | 2025-01-31 | Dec 1995 | Danish |
| ROGACZEWSKI, Andre Rafal Stelsig | Director | 2018-03-29 | Mar 1968 | Danish |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARRETT, Kevin William | Director | 2014-06-30 | 2018-03-29 |
| BOYE, Tine Kosmider | Director | 2018-03-29 | 2025-01-31 |
| BRADY, Christian Paul | Director | 2013-06-13 | 2018-03-29 |
| FLAXMAN, Neil | Director | 2014-06-30 | 2018-03-29 |
| GOURLAY, Scott Charles | Director | 2013-06-13 | 2018-03-29 |
| HILDYARD, David Mark | Director | 2016-01-01 | 2018-03-29 |
| HUTTON, Christopher Andrew | Director | 2013-06-13 | 2013-10-01 |
| PENNEY, Joanne Marie | Director | 2014-06-30 | 2018-03-29 |
| SPENCE, Christopher John | Director | 2015-08-01 | 2018-03-29 |
| WALTERS, Christopher Mark | Director | 2015-07-01 | 2017-02-22 |
| WARD, Mark Michael | Director | 2013-06-13 | 2018-03-29 |
| WOOD, Giles Timothy | Director | 2015-09-01 | 2018-03-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Netcompany Uk Holding Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-12-07 | Active |
| Mr Mark Michael Ward | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2017-10-25 |
| Mr Kevin William Barrett | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2016-06-10 |
Filing timeline
Last 20 of 91 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-19 | AA | accounts | Accounts with accounts type full | |
| 2025-06-19 | AD02 | address | Change sail address company with old address new address | |
| 2025-02-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-07 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-01-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-10-09 | AA | accounts | Accounts with accounts type full | |
| 2024-06-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-19 | AD02 | address | Change sail address company with old address new address | |
| 2024-05-29 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-09-20 | AA | accounts | Accounts with accounts type full | |
| 2023-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-20 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-28 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-09-26 | AA | accounts | Accounts with accounts type full | |
| 2022-07-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-15 | AD02 | address | Change sail address company with old address new address | |
| 2021-03-29 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.