UNITED MINING SERVICES LIMITED
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Cash
£3.6M
USD 4,840,339
+9.3% highest in 6 filed years
Net assets
£14M
USD 18,768,328
+31.1% highest in 6 filed years
Employees
604
-4% vs 2023
Profit before tax
£4.4M
USD 5,845,079
-10.6% vs 2023
Net assets
6-year trend · vs Basic Materials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £48,896,156 | £44,922,773 | -8.1% | |
| Operating profit | — | — | — | — | £4,118,259 | £4,128,784 | +0.3% | |
| Profit before tax | — | — | — | — | £4,894,052 | £4,375,714 | -10.6% | |
| Net profit | -£54,331 | £4,959,452 | £633,722 | £954,133 | £3,308,459 | £3,573,182 | +8% | |
| Cash | £74,248 | £53,373 | £63,941 | £95,985 | £3,315,610 | £3,623,551 | +9.3% | |
| Total assets less current liabilities | -£9,376,326 | -£1,256,203 | -£327,323 | -£686,476 | £10,716,353 | £14,050,253 | +31.1% | |
| Net assets | — | — | — | — | £10,716,353 | £14,050,253 | +31.1% | |
| Equity | -£9,376,326 | -£4,828,353 | -£4,194,631 | -£3,240,446 | £10,716,353 | £14,050,253 | +31.1% | |
| Average employees | 2 | 2 | 2 | 2 | 629 | 604 | -4% | |
| Wages | — | — | — | — | £25,731,839 | £28,727,987 | +11.6% | |
| Directors' remuneration | — | — | — | — | £249,301 | £605,564 | +142.9% |
Figures converted to GBP from USD at 0.749 per USD (Frankfurter spot rate) — hover any figure for the original. — 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 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 8.4% | 9.2% | |
| Net margin | — | — | — | — | 6.8% | 8.0% | |
| Return on capital employed | — | — | — | — | 38.4% | 29.4% | |
| Current ratio | — | — | — | — | 1.04x | 1.51x | |
| Interest cover | — | — | — | — | 20.23x | 26.17x |
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
- UNITED MINING SERVICES LIMITED 2024-04-23 → present
- UNDERGROUND MINING SERVICES LIMITED 2015-01-28 → 2024-04-23
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Sumer Auditco Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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 Group's or the Parent 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.”
Group structure
- UNITED MINING SERVICES LIMITED · parent
- United Mining Services Projects Limited 100%
- United Mining Services SA (Pty) Ltd 100%
- United Mining Services Projects SA (PTY) Ltd 75%
- UMS Shaft Sinkers (Pty) Ltd 75%
- UMS Construction (Pty) Ltd 100%
- METS SA Operations (Pty) Ltd 100%
- Shaft Sinkers Mining (Pty) Ltd 100%
- UMS 1Worx (Pty) Ltd 51%
- UMS Zambia Ltd 70%
- UMS Botswana Proprietary Limited 100%
- Underground Mining Services NA 100%
- United Mining Services Chile SpA 100%
- UMS Desenvolvimento Mineral LTDA 100%
- United Mining Services Construction Limited 100%
Significant events
- “The Group continued its strategy of expanding internationally. Flagship projects in the USA, South America, UK and the rest of Africa are progressing well and the focus is on continued business development and joint venture opportunities in identified key locations.”
- “The continued capital investment into equipment and machinery has reaped rewards and the Group prides itself in an extensive array of shaft sinking and associated equipment available for internal use, sale or rental.”
- “Zero fatalities were experienced for 2024 (last fatal incident was experienced in the Group during 2014).”
- “Zero Lost Time Injuries were recorded for 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DE FREY, Pieter Andries | Director | 2023-07-31 | Aug 1971 | South African |
| GLOVER, Digby John | Director | 2023-07-31 | Feb 1971 | South African |
| HALLER, Alexander Zachary | Director | 2015-01-28 | Apr 1979 | British |
| HALLER, Robin Zachary | Director | 2015-01-28 | Apr 1979 | British |
| MACNAB, Murray Usher | Director | 2023-07-31 | Dec 1961 | South African |
| PATTENDEN, Clifford Michael | Director | 2023-07-31 | Nov 1962 | British |
| TOWNSHEND, Nigel John | Director | 2023-07-31 | Apr 1956 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Josephine Haller | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2020-03-20 |
Filing timeline
Last 20 of 70 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-31 RESOLUTIONS Resolution
- 2026-01-26 MA Memorandum articles
- 2026-01-15 RESOLUTIONS Resolution
- 2026-01-15 MA Memorandum articles
- 2026-01-14 RESOLUTIONS Resolution
- 2024-04-23 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-31 | RESOLUTIONS | resolution | Resolution | |
| 2026-01-26 | SH10 | capital | Capital variation of rights attached to shares | |
| 2026-01-26 | MA | incorporation | Memorandum articles | |
| 2026-01-15 | RESOLUTIONS | resolution | Resolution | |
| 2026-01-15 | SH02 | capital | Capital alter shares subdivision | |
| 2026-01-15 | MA | incorporation | Memorandum articles | |
| 2026-01-15 | SH10 | capital | Capital variation of rights attached to shares | |
| 2026-01-14 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-01-14 | SH20 | capital | Legacy | |
| 2026-01-14 | CAP-SS | insolvency | Legacy | |
| 2026-01-14 | RESOLUTIONS | resolution | Resolution | |
| 2026-01-12 | SH01 | capital | Capital allotment shares | |
| 2025-08-07 | AA | accounts | Accounts with accounts type group | |
| 2025-02-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-11 | AA | accounts | Accounts with accounts type group | |
| 2024-04-23 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-01-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-08-01 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-01 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- Capital events
- 6
- 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.