BOROUGH ENGINEERING SERVICES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-06 (in 8mo)
Last made up 2025-12-23
Watchouts
None on the register
Cash
£14M
-7.3% vs 2023
Net assets
£12M
+25.5% highest in 4 filed years
Employees
40
+11.1% highest in 4 filed years
Profit before tax
£3M
+35.4% vs 2023
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-07-01 | 2021-06-30 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | £72,297,000 | £77,589,000 | £58,124,000 | £112,255,000 | |
| Operating profit | — | £3,163,000 | £1,204,000 | £2,222,000 | £2,999,000 | |
| Profit before tax | — | £3,158,000 | £1,191,000 | £2,308,000 | £3,126,000 | |
| Net profit | — | £2,795,000 | £1,433,000 | £2,187,000 | £2,540,000 | |
| Cash | — | £9,262,000 | £10,774,000 | £14,783,000 | £13,710,000 | |
| Total assets less current liabilities | — | £9,797,000 | £9,525,000 | £11,950,000 | £14,369,000 | |
| Net assets | — | £7,826,000 | £7,759,000 | £9,946,000 | £12,486,000 | |
| Equity | £7,531,000 | £7,826,000 | £7,759,000 | £9,946,000 | £12,486,000 | |
| Average employees | — | 24 | 24 | 36 | 40 | |
| Wages | — | £1,090,000 | £2,121,000 | £1,649,000 | £2,404,000 | |
| Directors' remuneration | — | — | — | £383,000 | £706,000 |
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
+93.1%
£58,124,000 £112,255,000
highest in 4 filed years
-
Cash
-7.3%
£14,783,000 £13,710,000
-
Net assets
+25.5%
£9,946,000 £12,486,000
highest in 4 filed years
-
Employees
+11.1%
36 40
highest in 4 filed years
-
Operating profit
+35%
£2,222,000 £2,999,000
-
Profit before tax
+35.4%
£2,308,000 £3,126,000
-
Wages
+45.8%
£1,649,000 £2,404,000
highest in 4 filed years
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 | 2020-07-01 | 2021-06-30 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | 4.4% | 1.6% | 3.8% | 2.7% | |
| Net margin | — | 3.9% | 1.8% | 3.8% | 2.3% | |
| Return on capital employed | — | 32.3% | 12.6% | 18.6% | 20.9% | |
| Gearing (liabilities / total assets) | — | — | — | 66.8% | 74.7% | |
| Current ratio | — | — | — | 1.47x | 1.28x | |
| Interest cover | — | 527.17x | 75.25x | — | — |
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
- BOROUGH ENGINEERING SERVICES LIMITED 2018-11-30 → present
- EMICO BUILDING SERVICES LIMITED 2015-05-12 → 2018-11-30
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- S&W Audit
- 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 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
- “2024 was a year of significant growth for BESL, with turnover increasing to £112.3m (2023 - £58.1m). This reflects the delayed commencement of major projects secured initially in 2023, as well as strong work-winning performance and deeper market penetration.”
- “The commercial market in London continued to strengthen, and BESL successfully delivered and mobilised some of the largest schemes in its history.”
- “Significant Revenue Growth: Turnover increased by more than 90%, driven by the commencement of major schemes at Wood Wharf, Elephant & Castle, Silvertown, and Carlton House Terrace.”
- “BESL ended 2024 with a forward order book exceeding £100m, maintaining the strongest secured pipeline in its history.”
- “The Procore digital platform expanded further during 2024, with new modules implemented across health and safety, commercial reporting, and site operations.”
- “Inflation stabilised during 2024, but cost pressure persisted in labour and specific materials. The primary industry-wide challenge remains the skills shortage, both in trade resources and technical management.”
- “The business developed and grew the digital platform, Procore, for all health and safety, quality, commercial and operational aspects of the business.”
- “We introduced an apprentice scheme in the period. The aim is to recruit a minimum of 6 apprentices per annum for the next 5 years to support our growth and to provide the next generation of leaders for our business.”
- “We have made a significant investment in training Mental Health First Aiders within our organization.”
- “The overdraft facility was not used during the year ended 31 December 2024, or the period ended 31 December 2023.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EPTON, Nicole | Secretary | 2024-01-05 | — | — |
| POLLITT, Mary | Secretary | 2025-07-15 | — | — |
| POLLITT, Jeffrey Thomas, Mr | Director | 2015-07-01 | Jun 1962 | British |
| POLLITT, Thomas Edward | Director | 2020-03-05 | May 1992 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRINDLE, Andrew David | Secretary | 2018-08-22 | 2024-01-05 |
| BARRY, John Anthony | Director | 2015-05-12 | 2018-07-02 |
| BROAD, Mike | Director | 2023-08-29 | 2025-07-01 |
| DEW, Paul Richard | Director | 2023-08-29 | 2025-07-01 |
| PERROTTON, David George | Director | 2015-05-12 | 2018-07-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pollitt Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2018-07-02 | Active |
| Emico Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-05-12 | Ceased 2018-07-02 |
Filing timeline
Last 20 of 53 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-08 | AA | accounts | Accounts with accounts type full | |
| 2025-08-26 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-15 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-01-04 | AA | accounts | Accounts with accounts type full | |
| 2025-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-05 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-01-05 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-01-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-16 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-16 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-16 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-08-30 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-30 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-04 | AA | accounts | Accounts with accounts type full | |
| 2023-01-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-06 | AA01 | accounts | Change account reference date company current extended | |
| 2022-03-04 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
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.