COLLOIDE ENGINEERING SYSTEMS LTD
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-04-02 (in 11mo)
Last made up 2026-03-19
Watchouts
None on the register
Cash
£10M
+39.7% highest in 5 filed years
Net assets
£8M
+19.7% highest in 5 filed years
Employees
47
+23.7% highest in 5 filed years
Profit before tax
£1M
-43.1% vs 2024
Net assets
5-year trend · vs Utilities median
Accounts
5-year trend · latest reflected 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £10,024,034 | £15,878,450 | |
| Operating profit | — | — | — | £1,934,443 | £948,491 | |
| Profit before tax | — | — | — | £1,962,170 | £1,116,963 | |
| Net profit | — | — | — | £1,471,946 | £1,315,096 | |
| Cash | £196,895 | £380,536 | £8,126,970 | £7,285,148 | £10,179,099 | |
| Total assets less current liabilities | £2,299,285 | £2,586,368 | £3,580,447 | £6,678,468 | £7,940,486 | |
| Net assets | £2,246,948 | £2,213,523 | £3,290,074 | £6,554,419 | £7,848,515 | |
| Equity | £2,246,948 | £2,213,523 | £3,290,074 | £6,554,419 | £7,848,515 | |
| Average employees | 35 | 36 | 37 | 38 | 47 | |
| Wages | — | — | — | £1,511,473 | £1,882,556 | |
| Directors' remuneration | — | — | — | £401,267 | £425,101 |
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
+58.4%
£10,024,034 £15,878,450
-
Cash
+39.7%
£7,285,148 £10,179,099
highest in 5 filed years
-
Net assets
+19.7%
£6,554,419 £7,848,515
highest in 5 filed years
-
Employees
+23.7%
38 47
highest in 5 filed years
-
Operating profit
-51%
£1,934,443 £948,491
-
Profit before tax
-43.1%
£1,962,170 £1,116,963
-
Wages
+24.6%
£1,511,473 £1,882,556
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 19.3% | 6.0% | |
| Net margin | — | — | — | 14.7% | 8.3% | |
| Return on capital employed | — | — | — | 29.0% | 11.9% | |
| Current ratio | — | — | — | 1.86x | 1.62x | |
| Interest cover | — | — | — | 85.98x | 58.78x |
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
- Standalone (parent only)
- Auditor
- Gildernew & Co Ltd
- 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.”
Group structure
- COLLOIDE ENGINEERING SYSTEMS LTD · parent
- Sea Potential (N.I) Ltd 44.41%
Significant events
- “There have been no significant events affecting the company since the financial year-end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCGUINNESS, Michelle | Secretary | 2002-03-12 | — | — |
| DRENNAN, Stacey | Director | 2023-02-13 | Jan 1990 | British |
| HANNON, Shaun | Director | 2023-02-13 | Oct 1983 | Irish |
| IRWIN, Joanne | Director | 2020-05-06 | Aug 1977 | British |
| LEE, Brendan | Director | 2023-02-13 | Feb 1985 | Irish |
| MCGUINESS, Patrick | Director | 2002-03-12 | Jan 1973 | Northern Irish |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PALMER, Robert Desmond | Director | 2002-03-12 | 2002-03-12 |
| PENNICK, Ian Geoffrey | Director | 2020-05-06 | 2022-01-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Michelle Catherine Mcguinness | Individual | Shares 25–50%, Voting 25–50% | 2021-10-05 | Active |
| Mr Patrick Mcguiness | Individual | Shares 25–50%, Voting 25–50% | 2017-03-12 | Active |
Filing timeline
Last 20 of 92 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-06-23 RESOLUTIONS Resolution
- 2025-06-23 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-23 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-03-23 | CH03 | officers | Change person secretary company with change date | |
| 2025-12-30 | AA | accounts | Accounts with accounts type full | |
| 2025-06-23 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-23 | MA | incorporation | Memorandum articles | |
| 2025-04-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-07 | AA | accounts | Accounts with accounts type full | |
| 2024-03-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-01-10 | AA | accounts | Accounts with accounts type full | |
| 2023-07-10 | SH02 | capital | Capital alter shares subdivision | |
| 2023-03-31 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-02-13 | AP01 | officers | Appoint person director company with name date | |
| 2023-02-13 | AP01 | officers | Appoint person director company with name date | |
| 2023-02-13 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-20 | AA | accounts | Accounts with accounts type unaudited abridged | |
| 2022-03-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-03-21 | CH01 | officers | Change person director company with change date | |
| 2022-03-21 | CH01 | officers | Change person director company with change date | |
| 2022-03-21 | CH03 | officers | Change person secretary company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- 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.