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Cash

—

Latest balance sheet

Net assets

£6.9m

+97.1% highest in 3 filed years

Employees

31

+3.3% highest in 3 filed years

Profit before tax

£3.3m

-8.3% first positive since 2024

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric Trend 2024-03-312025-03-312026-03-31 Δ vs prior
Turnover £88,800,000£74,600,000£70,600,000 -5.4%
Operating profit -£1,800,000£1,200,000-£100,000 -108.3%
Profit before tax -£4,500,000£3,600,000£3,300,000 -8.3%
Net profit -£4,000,000£3,400,000£3,400,000 0%
Cash £300,000—— —
Total assets less current liabilities £39,900,000£55,500,000£53,400,000 -3.8%
Net assets -£11,900,000£3,500,000£6,900,000 +97.1%
Equity -£11,900,000£3,500,000£6,900,000 +97.1%
Average employees 283031 +3.3%
Wages £1,100,000£1,200,000£1,300,000 +8.3%
Directors' remuneration £1,300,000—— —
Directors' pension contributions £0£100,000— —
Highest paid director £500,000£2,500,000£3,800,000 +52%

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 2024-03-312025-03-312026-03-31
Operating margin -2.0%1.6%-0.1%
Net margin -4.5%4.6%4.8%
Return on capital employed -4.5%2.2%-0.2%
Gearing (liabilities / total assets) 118.9%95.3%90.3%
Current ratio 2.70x3.91x4.03x
Interest cover -0.67x0.50x-0.03x

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

  1. SSE STOCK LIMITED 2005-02-24 → present
  2. DUNWILCO (1218) LIMITED 2004-12-15 → 2005-02-24

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors assess that the Financial Statements should be prepared on a going concern basis. The financial statements are prepared on a going concern basis which has been supported by the provision of a parental letter of support from SSE plc to its subsidiaries (together forming the "Group"). The Group letter of support confirms that the Group will provide support to 31 December 2027 where required. The Directors are satisfied that the Group has the ability to provide this support, should it be required.”

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

People

4 active · 9 resigned

Name Role Appointed Born Nationality
LAWNS, Peter Grant Secretary 2009-02-12 — British
BINNIE, Andrew David Graeme Director 2026-04-23 Jun 1974 British
STEWART, Elizabeth-May Director 2026-04-23 Jul 1977 British
STEWART, John William Director 2026-04-23 Mar 1970 British
Show 9 resigned officers
Name Role Appointed Resigned
GRAY, Ailsa Mary Secretary 2005-03-22 2009-02-12
D.W. COMPANY SERVICES LIMITED Corporate Nominee Secretary 2004-12-15 2005-03-22
ALEXANDER, Fraser Mcgregor Director 2016-11-23 2023-12-01
BIGGAR, Alexander Donald Director 2013-08-20 2018-07-31
FLEMING, Ronald Bathgate Director 2018-07-31 2026-04-23
HOOD, Colin William Director 2005-02-23 2011-10-31
MCPHILLIMY, James Director 2011-10-31 2016-10-31
PIBWORTH, Martin James Director 2023-12-01 2026-04-23
D.W. DIRECTOR 1 LIMITED Corporate Nominee Director 2004-12-15 2005-02-23

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Sse Plc Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 75 total filings

Date Type Category Description
2026-09-04 AA accounts Accounts with accounts type full
2026-07-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-05-07 TM01 officers Termination director company with name termination date PDF
2026-05-07 TM01 officers Termination director company with name termination date PDF
2026-05-07 AP01 officers Appoint person director company with name date PDF
2026-05-07 AP01 officers Appoint person director company with name date PDF
2026-05-07 AP01 officers Appoint person director company with name date PDF
2025-08-18 AA accounts Accounts with accounts type full
2025-06-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-08-12 AA accounts Accounts with accounts type full
2024-06-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-12-06 AP01 officers Appoint person director company with name date PDF
2023-12-04 TM01 officers Termination director company with name termination date PDF
2023-08-11 AA accounts Accounts with accounts type full
2023-06-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-08-02 AA accounts Accounts with accounts type full
2022-06-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-08-19 AA accounts Accounts with accounts type full
2021-06-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-12-30 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
7

last 12 months

Capital events
0

last 24 months

Officers appointed
3

last 12 months

Officers resigned
2

last 12 months

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

Official Companies House page