GLACIER INSPECTION SERVICES LIMITED
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Cash
£9.8K
-74% vs 2024
Net assets
£1M
+148.7% vs 2024
Employees
85
+9% vs 2024
Profit before tax
£3M
+672.6% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £9,402,389 | £14,512,667 | +54.4% | |
| Operating profit | -£504,381 | £3,060,344 | +706.8% | |
| Profit before tax | -£529,153 | £3,030,145 | +672.6% | |
| Net profit | -£610,153 | £3,111,145 | +609.9% | |
| Cash | £37,796 | £9,837 | -74% | |
| Total assets less current liabilities | -£1,896,377 | £1,066,834 | +156.3% | |
| Net assets | -£2,092,185 | £1,018,960 | +148.7% | |
| Equity | -£2,092,185 | £1,018,960 | +148.7% | |
| Average employees | 78 | 85 | +9% | |
| Wages | £4,992,909 | £6,804,963 | +36.3% | |
| 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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -5.4% | 21.1% | |
| Net margin | -6.5% | 21.4% | |
| Return on capital employed | — | 286.9% | |
| Gearing (liabilities / total assets) | 116.7% | 94.0% | |
| Current ratio | 0.84x | 0.99x | |
| Interest cover | -20.36x | — |
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
- GLACIER INSPECTION SERVICES LIMITED 2018-04-04 → present
- PROFESSIONAL TESTING SERVICES LIMITED 1981-06-02 → 2018-04-04
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Johnston Carmichael LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Significant events
- “refinancing exercise was conducted in late 2025, with support from existing shareholders and asset finance. The refinancing exercise identified a need for additional funding of £3.7m, to allow the group to settle working capital stretch and focus on core strategy. The refinancing exercise was completed in early January 2026, with the £3.7m being raised, through a mixture of new loan notes from existing shareholders (£2.5m) and the introduction of new asset finance (£1.2m).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BLACKWOOD PARTNERS LLP | Corporate Secretary | 2014-02-28 | — | — |
| MARTIN, Scott | Director | 2014-02-28 | Jan 1969 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SHIELDS, Thomas | Secretary | — | 2014-02-28 |
| DERRY, Mark | Director | 2014-02-28 | 2015-01-15 |
| GRIFFITHS, John Barrie Reginald | Director | — | 1991-10-10 |
| MCDOUGALL, Duncan Dargie | Director | 2016-03-07 | 2020-03-16 |
| MCLACHLAN, Robert Boyd | Director | — | 2014-02-28 |
| NEILSON, Alexander Dickson | Director | 1992-09-15 | 1998-04-21 |
| SHIELDS, Thomas | Director | — | 2015-03-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Glacier Inspection Services Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 155 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-31 | AA | accounts | Accounts with accounts type full | |
| 2026-01-21 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2026-01-21 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2026-01-21 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2026-01-21 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2026-01-21 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2026-01-21 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2026-01-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-10 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2026-01-10 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2026-01-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-29 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2025-04-25 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2025-04-22 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2025-04-22 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2025-04-19 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2025-04-19 | 466(Scot) | mortgage | Mortgage alter floating charge with number |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- 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.