NOTUL LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-11-05 (in 6mo)
Last made up 2025-10-22
Watchouts
None on the register
Cash
£117
-61% vs 2024
Net assets
-£525K
+66% vs 2024
Employees
67
+3.1% highest in 4 filed years
Profit before tax
£1M
+1,814% vs 2024
Net assets
6-year trend · vs Telecommunications median
Accounts
6-year trend · latest reflected 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £9,462,238 | £14,000,876 | |
| Operating profit | — | — | — | — | £401,786 | £1,546,831 | |
| Profit before tax | — | — | — | — | £70,155 | £1,342,763 | |
| Net profit | £179,866 | £144,224 | — | — | £28,155 | £1,088,835 | |
| Cash | — | £0 | — | — | £300 | £117 | |
| Total assets less current liabilities | £981,652 | — | — | — | -£387,488 | £100,360 | |
| Net assets | £22,618 | £1,842 | — | — | -£1,547,475 | -£525,490 | |
| Equity | — | — | -£1,588,028 | -£1,506,813 | -£1,547,475 | -£525,490 | |
| Average employees | 0 | 0 | — | — | 65 | 67 | |
| Wages | £0 | £0 | — | — | £2,736,937 | £3,038,446 | |
| Directors' remuneration | — | — | — | — | £97,856 | £79,482 |
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+48%
£9,462,238 £14,000,876
-
Cash
-61%
£300 £117
-
Net assets
+66%
-£1,547,475 -£525,490
-
Employees
+3.1%
65 67
highest in 4 filed years
-
Operating profit
+285%
£401,786 £1,546,831
-
Profit before tax
+1,814%
£70,155 £1,342,763
-
Wages
+11%
£2,736,937 £3,038,446
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 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 4.2% | 11.0% | |
| Net margin | — | — | — | — | 0.3% | 7.8% | |
| Return on capital employed | — | — | — | — | -103.7% | 1541.3% | |
| Current ratio | — | — | — | — | 0.60x | 0.77x | |
| Interest cover | — | — | — | — | 1.21x | 7.58x |
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
- Reporting scope
- Consolidated group
- Auditor
- BHP LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Taking these factors into account, at the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- NOTUL LIMITED · parent
- Mway Communications Limited 100%
- Mway Services Limited 100%
Significant events
- “Two relatively large asset purchases were made during the year”
- “During the year, the remaining deferred consideration creditor was re-negotiated, this has resulted in an excess amortisation charge which has been written back within the statement of profit or loss to leave the remaining goodwill book value as £nil.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAY, Lee James | Secretary | 2016-07-05 | — | — |
| CRAWFORD, Stephen Andrew | Director | 2016-07-05 | Jan 1986 | British |
| DAY, Lee James | Director | 2016-07-05 | Apr 1983 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Stephen Andrew Crawford | Individual | Shares 25–50%, Voting 25–50% | 2016-07-05 | Active |
| Mr Lee James Day | Individual | Shares 50–75%, Voting 25–50%, Appoints directors, Significant influence | 2016-07-05 | Active |
Filing timeline
Last 20 of 35 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-17 RESOLUTIONS Resolution
- 2025-10-17 RESOLUTIONS Resolution
- 2025-10-17 MA Memorandum articles
- 2024-04-26 MA Memorandum articles
- 2024-04-26 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-17 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-17 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-17 | SH01 | capital | Capital allotment shares | |
| 2025-10-17 | MA | incorporation | Memorandum articles | |
| 2025-08-07 | AA | accounts | Accounts with accounts type group | |
| 2025-06-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-19 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-08-16 | AA | accounts | Accounts with accounts type group | |
| 2024-07-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-26 | SH08 | capital | Capital name of class of shares | |
| 2024-04-26 | MA | incorporation | Memorandum articles | |
| 2024-04-26 | SH02 | capital | Capital alter shares subdivision | |
| 2024-04-26 | RESOLUTIONS | resolution | Resolution | |
| 2023-10-05 | AA | accounts | Accounts with accounts type group | |
| 2023-08-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-30 | AA | accounts | Accounts with accounts type group | |
| 2022-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-13 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 1
- 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.