DENHOLM ENVIRONMENTAL LIMITED
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Cash
£874k
-20.4% lowest in 3 filed years
Net assets
£3.8m
+26.2% highest in 3 filed years
Employees
136
-1.4% vs 2024
Profit before tax
£2.6m
+1,349.5% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Energy 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 | £24,230,118 | £22,557,491 | £23,804,731 | +5.5% | |
| Operating profit | £3,763,496 | £1,588,412 | £2,501,104 | +57.5% | |
| Profit before tax | £6,202,170 | £179,991 | £2,608,985 | +1,349.5% | |
| Net profit | £5,307,941 | -£25,796 | £2,179,317 | +8,548.3% | |
| Cash | £1,510,804 | £1,099,027 | £874,385 | -20.4% | |
| Total assets less current liabilities | £19,208,907 | £19,995,414 | £20,634,717 | +3.2% | |
| Net assets | £2,998,687 | £2,972,891 | £3,752,088 | +26.2% | |
| Equity | £2,998,687 | £2,972,891 | £3,752,088 | +26.2% | |
| Average employees | 133 | 138 | 136 | -1.4% | |
| Wages | £5,948,842 | £7,026,707 | £7,803,405 | +11.1% | |
| Directors' remuneration | £417,074 | £542,730 | £666,639 | +22.8% | |
| Directors' pension contributions | £31,367 | £44,687 | £46,388 | +3.8% |
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 | 15.5% | 7.0% | 10.5% | |
| Net margin | 21.9% | -0.1% | 9.2% | |
| Return on capital employed | 19.6% | 7.9% | 12.1% | |
| Gearing (liabilities / total assets) | 88.4% | 88.4% | 87.3% | |
| Current ratio | 1.44x | 1.64x | 1.28x | |
| Interest cover | 6.48x | 1.05x | 1.79x |
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 3 times since incorporation
- DENHOLM ENVIRONMENTAL LIMITED 2021-10-01 → present
- DENHOLM MACNAMEE LIMITED 2008-12-31 → 2021-10-01
- PMI DENHOLM LIMITED 2006-03-24 → 2008-12-31
- MACROCOM (937) LIMITED 2006-03-10 → 2006-03-24
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors, having considered these projections and cash resources, are satisfied that the company has a reasonable expectation that it has adequate resources to continue in business for the period to 30 June 2027. Accordingly, the Directors continue to adopt the going concern basis”
Group structure
- DENHOLM ENVIRONMENTAL LIMITED · parent
- Andidrain Limited 100%
- Denholm Pipetech Holdings Limited 100%
- Pipetech Operations Limited 100%
- Pipetech Holdings Norway AS 100%
- Pipetech International AS 100%
Significant events
- “On 25 June 2025, the company acquired 100% of the share capital of Ramco Pipetech Limited (subsequently renamed Denholm Pipetech Holdings Limited) and its subsidiaries, providers of specialist industrial services, based in Aberdeenshire and Stavanger (Norway) for a total consideration of £2,071,178.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 24 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DANIELS, Eleanor Margaret Louise | Secretary | 2025-04-01 | — | — |
| ADDISON, Scott | Director | 2020-10-28 | Dec 1990 | Scottish |
| BEVERIDGE, Michael John | Director | 2012-09-04 | Jun 1966 | British |
| EVANS, Richard John | Director | 2024-05-02 | Nov 1983 | British |
| HAMILL, Leonard George | Director | 2026-01-28 | Jan 1985 | British |
| MCCARTHY, Charles Norman Drummond | Director | 2025-01-23 | Jun 1986 | British |
| MCGHEE, Martin | Director | 2021-07-22 | Nov 1986 | British |
| PARKER, Benjamin Edward | Director | 2026-05-01 | Mar 1985 | British |
| RITCHIE, Brian John | Director | 2012-03-26 | Sep 1968 | British |
Show 24 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CARRINGTON, Linda | Secretary | 2006-03-23 | 2008-07-24 |
| CLARK, Martin | Secretary | 2023-11-03 | 2025-03-31 |
| DENHOLM, Cara Jane May | Secretary | 2015-10-30 | 2023-11-02 |
| HANSON, Gregory Albert | Secretary | 2008-07-24 | 2015-10-30 |
| MACROBERTS - (FIRM) | Corporate Nominee Secretary | 2006-03-10 | 2006-03-23 |
| CLARK, Martin | Director | 2017-04-24 | 2025-03-31 |
| DENHOLM, Cara Jane May | Director | 2026-05-01 | 2026-07-06 |
| DENHOLM, David William Murray | Director | 2015-07-01 | 2025-07-30 |
| DENHOLM, John Stephen | Director | 2009-01-27 | 2013-03-08 |
| FINNERTY, Graham William | Director | 2006-04-10 | 2013-02-15 |
| FORGIE, Scott Wilson | Director | 2021-09-16 | 2022-05-05 |
| GRAY, Fraser James | Director | 2026-01-28 | 2026-07-06 |
| HUMPHREY, Graham Paul | Director | 2006-04-10 | 2007-11-09 |
| LINTS, Henry John | Director | 2007-11-19 | 2009-03-13 |
| LITTLE, Andrew | Director | 2006-04-10 | 2013-02-08 |
| LITTLE, John | Director | 2012-09-04 | 2012-09-10 |
| MILNE, Graeme | Director | 2019-10-29 | 2022-05-05 |
| POTTS, Graham Mark | Director | 2006-03-23 | 2009-03-27 |
| PUNTIS, Graham | Director | 2009-01-27 | 2009-02-28 |
| SYMON, David Charles | Director | 2008-09-16 | 2012-09-04 |
| SYMON, David Charles | Director | 2006-03-23 | 2007-10-09 |
| WHITTLE, David Geoge | Director | 2006-04-10 | 2007-08-14 |
| WOOD, Roy Alexander | Director | 2009-01-27 | 2018-05-30 |
| MACROBERTS CORPORATE SERVICES LIMITED | Corporate Nominee Director | 2006-03-10 | 2006-03-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Denholm Environmental Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-05-28 | Active |
| Denholm Energy Services Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2026-05-28 |
Filing timeline
Last 20 of 140 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-28 | AA | accounts | Accounts with accounts type full | |
| 2026-07-15 | TM01 | officers | Termination director company with name termination date | |
| 2026-07-15 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-19 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-06-17 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-05-21 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-05-08 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-17 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-26 | AA | accounts | Accounts with accounts type full | |
| 2025-07-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-02 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-04-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-30 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-11 | CH01 | officers | Change person director company with change date | |
| 2024-09-19 | AA | accounts | Accounts with accounts type full | |
| 2024-06-26 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
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.