CONSULTIV UTILITIES LIMITED

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

• Turnover

  +41.1%

  £10,551,107 → £14,882,494

• Cash

  +50.7%

  £2,670,447 → £4,023,324

  highest in 5 filed years

• Net assets

  +18.9%

  £5,271,328 → £6,266,325

  highest in 5 filed years

• Employees

  +34%

  100 → 134

  highest in 5 filed years

• Operating profit

  +129.2%

  £1,022,192 → £2,342,644

• Profit before tax

  +134.9%

  £993,221 → £2,333,354

• Wages

  +32.9%

  £6,002,627 → £7,978,060

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Armstrong Watson Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the end of the year the company has net assets of £6.3m including cash at bank of £4.0m. The company has external borrowings (comprising of bank loans, other loans and finance leases) totalling £0.22m of which only £0.12m is due for payment within one year. The company has prepared detailed financial forecasts for a period of a least 12 months from the date of approval of these financial statements. The company has also prepared a plausible downside forecast for the same period. In both cases these forecasts show that the company will maintain sufficient cash funds to continue to trade and will not require any additional external funding. Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for a period of at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Significant events

• “The outbreak of the war in Ukraine in February 2022 caused a global energy crisis with sharp increases in both electricity and gas prices and creating unprecedented volatility in the market. The company was impacted by this in both FY 2022 and FY 2023 with suppliers at times being unable to provide pricing to the market thereby impacting the company's ability to provide contracts to customers.”
• “Although the war continues the market has adapted and we have seen more stability in the energy market with pricing returning closer to previous levels, encouraging and providing confidence to customers to explore contracting options. We have seen significant growth in turnover in 2024 as conditions have returned closer to what we might call more normal trading, supported by an increase in contracted customers.”
• “To support the growth through 2024 and beyond the business took out a new lease on an additional floor in its current building, more than doubling its available capacity and supporting improvements to the working environment across the site. A significant portion of the new space is now occupied with existing and new members of the team, demonstrating the business's ability to attract top talent in the North East and to continue to produce strong performance.”
• “System improvements in relation to contract renewal tracking have been a contributing growth factor, increasing the renewal performance. The company made significant investment in AI to aide and support the growth but also to maintain quality and standards of service, combined with key investment in training and successful recruitment strategies. The continued commitment to providing a world class environment was evidenced again in our strong performance in the "Great Place to Work" awards, where the business achieved the following awards: Top 5 "Best Mid-Sized Company to work for in the UK"; Number 1 "Best Company to Work For in the North East"; Number 1 "Best Utility Company to Work For in the UK"; and "Wellbeing Special Award" for Mid-Sized companies.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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