LINXON UK LTD
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Cash
—
Latest balance sheet
Net assets
-£18m
+14% highest in 3 filed years
Employees
83
+33.9% highest in 3 filed years
Profit before tax
£3.9m
+2,033% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £51,156,000 | £57,639,000 | £78,257,000 | +35.8% | |
| Operating profit | -£284,000 | £1,070,000 | £4,580,000 | +328% | |
| Profit before tax | -£1,579,000 | -£203,000 | £3,924,000 | +2,033% | |
| Net profit | -£1,233,000 | -£159,000 | £3,022,000 | +2,000.6% | |
| Cash | — | — | — | — | |
| Total assets less current liabilities | -£20,685,000 | -£21,070,000 | -£16,837,000 | +20.1% | |
| Net assets | -£21,354,000 | -£21,513,000 | -£18,491,000 | +14% | |
| Equity | -£21,354,000 | -£21,513,000 | -£18,491,000 | +14% | |
| Average employees | 78 | 62 | 83 | +33.9% | |
| Wages | £6,652,000 | £6,048,000 | £7,528,000 | +24.5% | |
| Directors' remuneration | — | — | — | — |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -0.6% | 1.9% | 5.9% | |
| Net margin | -2.4% | -0.3% | 3.9% | |
| Gearing (liabilities / total assets) | 157.8% | 152.1% | 152.1% | |
| Interest cover | -0.22x | 0.79x | 5.73x |
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
- LINXON UK LTD 2018-09-01 → present
- ABB SUBSTATIONS CONTRACTING UK LIMITED 2018-05-16 → 2018-09-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having considered the company's financial performance, cash flow forecasts, committed order book, and access to funding, and after taking into account reasonably possible changes in trading performance and the principal risks and uncertainties facing the business, the directors have a reasonable expectation that Linxon UK Ltd has adequate resources to continue in operational existence for a period of at least thirteen months from the date of approval of the financial statements. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.”
Significant events
- “For the year ended 31 December 2025, the Company delivered a strong turnaround, reporting a profit after tax of £3.0m compared with a loss after tax of £0.16m in the prior year.”
- “While the year included challenges arising from cost overruns on legacy projects, these were actively addressed through robust commercial negotiations and focused delivery actions.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OLSMAN, Nicole Karen | Secretary | 2018-09-01 | — | — |
| RAVICHANDRAN, Riddhi | Secretary | 2023-08-10 | — | — |
| CHAMANEH, Yousef | Director | 2023-01-25 | May 1974 | Canadian |
| EL KAOURI, Marouane, Mr. | Director | 2024-10-20 | Jul 1984 | French |
| GUIJARRO, Angel, Mr. | Director | 2024-10-20 | Apr 1964 | Spanish |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AFARI, Benjamin | Secretary | 2022-11-14 | 2023-06-02 |
| MAC LEAN, Victoria Ann | Secretary | 2018-05-16 | 2018-08-31 |
| NOBELEN, Elliot Michael | Secretary | 2018-09-01 | 2022-12-05 |
| ANDERSSON, Lena Maria | Director | 2018-05-16 | 2018-08-31 |
| BABLA, Upesh | Director | 2021-04-28 | 2022-10-31 |
| DOWNS, Jonathan | Director | 2020-01-07 | 2021-04-27 |
| DUGGAN, Derek Alan | Director | 2021-04-28 | 2023-01-20 |
| FUNNELL, Ian Grant | Director | 2018-05-16 | 2018-08-31 |
| GOODWIN, Christopher William | Director | 2023-01-25 | 2023-09-29 |
| MAC LEAN, Victoria Ann | Director | 2018-05-16 | 2018-08-31 |
| MOULD, Stephen John | Director | 2018-09-01 | 2023-08-15 |
| NUTTALL, Robert Edward | Director | 2022-05-27 | 2023-01-20 |
| POUNTNEY, Darren Roy | Director | 2018-09-01 | 2019-09-05 |
| REISACHER, Stefan | Director | 2019-09-05 | 2025-08-20 |
| VALLÉE, Jean-François | Director | 2024-06-07 | 2024-10-17 |
| WINZAR, Rachel | Director | 2022-10-31 | 2024-05-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Linxon Pvt Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-09-01 | Active |
| Abb Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-05-16 | Ceased 2018-08-31 |
Filing timeline
Last 20 of 58 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-14 | AA | accounts | Accounts with accounts type full | |
| 2025-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-22 | AA | accounts | Accounts with accounts type full | |
| 2024-11-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-03 | AA | accounts | Accounts with accounts type full | |
| 2024-06-17 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-17 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-14 | AA | accounts | Accounts with accounts type full | |
| 2023-10-10 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-22 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-16 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-08-16 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-03-28 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-27 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-24 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.