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Cash

£66M

-41.2% lowest in 3 filed years

Net assets

£926M

+59.6% highest in 3 filed years

Employees

75

-10.7% lowest in 3 filed years

Profit before tax

-£14M

-461.5% lowest in 3 filed years

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric Trend 2024-03-312025-03-312026-03-31 Δ vs prior
Turnover
Operating profit
Profit before tax £15,300,000£3,900,000-£14,100,000 -461.5%
Net profit £15,300,000£3,900,000£345,800,000 +8,766.7%
Cash £189,900,000£111,900,000£65,800,000 -41.2%
Total assets less current liabilities
Net assets £576,000,000£579,900,000£925,700,000 +59.6%
Equity £576,000,000£579,900,000£925,700,000 +59.6%
Average employees 978475 -10.7%
Wages £15,900,000£14,100,000£12,600,000 -10.6%
Directors' remuneration £2,000,000£5,300,000£2,300,000 -56.6%

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 2024-03-312025-03-312026-03-31
Gearing (liabilities / total assets) 90.2%90.4%86.5%
Current ratio 3.55x10.56x14.51x

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
UK-adopted IFRS
Reporting scope
Consolidated group
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors believe, after due and careful enquiry, that the Company and Group has sufficient resources to continue in operational existence for at least one year after the financial statements were authorised for issue. Therefore, it is considered to be appropriate to adopt the going concern basis in preparing the 31 March 2026 financial statements.”

Group structure

  1. BAZALGETTE EQUITY LIMITED · parent
    1. Bazalgette Ventures Limited 100% · UK · Holding
    2. Bazalgette Holdings Limited 100% · UK · Holding
    3. Bazalgette Tunnel Limited 100% · UK · Operating
    4. Bazalgette Finance plc 100% · UK · Financing

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

People

7 active · 22 resigned

Name Role Appointed Born Nationality
MALIK, Mariam Shahid Hamid Secretary 2026-06-10
WEIR, Mhairi Margaret Secretary 2026-06-10
COX, Andrew Julian Frederick Director 2017-01-31 Apr 1967 British
PIRES, Daniel Fortio Da Costa Mendes Director 2023-03-17 Dec 1990 Portuguese
RANDOLPH, Edward John Director 2025-09-03 Feb 1989 British
RAY, Alistair Graham Director 2015-05-01 Nov 1974 British
WOODS, Amanda Elizabeth Director 2015-05-01 Apr 1979 British
Show 22 resigned officers
Name Role Appointed Resigned
BARCLAY, Valmai Secretary 2018-01-23 2023-06-01
CARLISLE, Celia Diana Secretary 2022-07-05 2026-06-10
CARLISLE, Celia Secretary 2017-09-21 2018-01-23
JOHAL, Rukhi Secretary 2017-09-21 2022-07-05
LEE, Tracey Secretary 2015-08-19 2017-09-21
SIAKPERE, Emuoborohwo Secretary 2023-06-22 2026-06-10
AXAM, Nicholas John Director 2019-11-06 2022-01-28
FALERO, Louis Javier Director 2019-11-06 2022-09-07
FREEMAN, Andrew Derek Director 2015-05-01 2016-03-17
HOLZER, Christoph Director 2015-05-01 2017-01-31
KORPANCOVA, Jaroslava Director 2015-05-01 2018-03-23
MCGREGOR, Scott Roderick Director 2018-03-23 2022-06-06
MITCHELL, Norman Patrick Director 2015-04-21 2015-05-01
MORGAN, Christopher John Director 2021-09-30 2025-08-29
PHILIPSZ, Joseph Eugene Director 2018-02-19 2019-11-06
ROSHIER, Angela Louise Director 2016-09-02 2019-11-06
RYAN, Michael Joseph Director 2015-05-01 2018-02-19
SCHWENGBER, Sebastian Director 2022-06-06 2024-05-17
TAIT, Gavin Richard Director 2015-05-01 2021-09-30
TURNBULL-FOX, Moira Director 2016-03-17 2016-09-02
WEIR, Mhairi Margaret Director 2022-01-28 2023-03-17
WYLES, David Alexander Director 2015-04-24 2015-05-01

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Allianz Infrastructure Luxembourg I S.A.R.L. Corporate entity Significant influence 2016-04-06 Ceased 2016-04-06
Allianz Se Corporate entity Significant influence 2016-04-06 Active
Dalmore Capital 14 Gp Limited Corporate entity Significant influence 2016-04-06 Active

Filing timeline

Last 20 of 112 total filings

Date Type Category Description
2026-06-29 AA accounts Accounts with accounts type group
2026-06-24 AP03 officers Appoint person secretary company with name date PDF
2026-06-24 AP03 officers Appoint person secretary company with name date PDF
2026-06-24 TM02 officers Termination secretary company with name termination date PDF
2026-06-24 TM02 officers Termination secretary company with name termination date PDF
2026-05-11 AD01 address Change registered office address company with date old address new address PDF
2026-04-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-15 AP01 officers Appoint person director company with name date PDF
2025-09-14 TM01 officers Termination director company with name termination date PDF
2025-07-03 AA accounts Accounts with accounts type group
2025-05-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-03 AA accounts Accounts with accounts type group
2024-06-13 TM01 officers Termination director company with name termination date PDF
2024-05-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-05-02 AD02 address Change sail address company with old address new address PDF
2023-12-23 AD01 address Change registered office address company with date old address new address PDF
2023-12-23 AD01 address Change registered office address company with date old address new address PDF
2023-09-12 AA accounts Accounts with accounts type group
2023-07-04 AP03 officers Appoint person secretary company with name date PDF
2023-06-14 TM02 officers Termination secretary company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
10

last 12 months

Capital events
0

last 24 months

Officers appointed
3

last 12 months

Officers resigned
3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page