PWP BUILDING SERVICES (HOLDINGS) LIMITED

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

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.

1. PWP BUILDING SERVICES (HOLDINGS) LIMITED 2023-10-25 → present
2. BAINES 2023 LTD 2023-08-31 → 2023-10-25

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Wright Vigar Limited

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 group's and the parent 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.”

Group structure

1. PWP BUILDING SERVICES (HOLDINGS) LIMITED · parent
   1. PWP Building Services (Midco) Limited 100% · England and Wales · Holding company
   2. PWP Building Services Limited 100% · England and Wales · Electrical and mechanical contractors

Significant events

• “The financial year 2024/25 met the expected level turnover. The UK construction industry faced one of its most prolonged downturns in recent memory, marked by consecutive months of contraction and weak demand, particularly in housebuilding and commercial sectors.”
• “The forthcoming 2025/26 year will see uncertainty in world markets continue. The UK is still feeling financial imbalance resulting from developing political situations across the world. Closer to home, UK construction is predicted [CPA] to grow by 2.8% although the interest rates in 2026 remain a concern despite recent reduction.”
• “World events, financial markets along with energy costs have affected base material price which have increased, impacted negatively on the construction industry.”
• “An increased awareness of the financial risk that larger contracts bring to the business has brought a commercial focus, ensuring the risks are managed and controlled in close collaboration with main contractors, in order to mitigate risk.”
• “By embracing sustainability, leveraging technology, and expanding its market reach, the proposed strategies provide a roadmap for sustainable growth, operational excellence, and enhanced competitiveness.”

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

Filings

2

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.