UNION TECHNICAL SERVICES LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-16 (in 6mo)
Last made up 2025-11-02
Watchouts
Cash
£2M
+185.7% highest in 4 filed years
Net assets
£7M
+297.6% highest in 4 filed years
Employees
106
+32.5% highest in 4 filed years
Profit before tax
£7M
+378.3% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £22,092,471 | £38,868,558 | |
| Operating profit | — | — | — | — | £1,841,603 | £7,511,039 | |
| Profit before tax | — | — | — | — | £1,535,742 | £7,345,474 | |
| Net profit | — | — | — | — | £1,164,543 | £5,595,541 | |
| Cash | £942,573 | £848,010 | — | — | £705,703 | £2,016,097 | |
| Total assets less current liabilities | — | — | — | — | £2,239,454 | £8,082,149 | |
| Net assets | £721,777 | £331,513 | — | — | £1,880,497 | £7,476,038 | |
| Equity | £721,777 | £331,513 | £2,393,885 | £715,951 | £1,880,497 | £7,476,038 | |
| Average employees | -29 | -30 | — | — | 80 | 106 | |
| Wages | — | — | — | — | £5,576,987 | £5,028,933 | |
| Directors' remuneration | — | — | — | — | £2,908,666 | £2,142,485 |
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+75.9%
£22,092,471 £38,868,558
-
Cash
+185.7%
£705,703 £2,016,097
highest in 4 filed years
-
Net assets
+297.6%
£1,880,497 £7,476,038
highest in 4 filed years
-
Employees
+32.5%
80 106
highest in 4 filed years
-
Operating profit
+307.9%
£1,841,603 £7,511,039
-
Profit before tax
+378.3%
£1,535,742 £7,345,474
-
Wages
-9.8%
£5,576,987 £5,028,933
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 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 8.3% | 19.3% | |
| Net margin | — | — | — | — | 5.3% | 14.4% | |
| Return on capital employed | — | — | — | — | 82.2% | 92.9% | |
| Gearing (liabilities / total assets) | — | — | — | — | 77.1% | 58.6% | |
| Current ratio | — | — | — | — | 1.28x | 1.67x | |
| Interest cover | — | — | — | — | 6.02x | 45.37x |
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
- Johnston Carmichael LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.”
Significant events
- “2024 saw significant investment in various key areas: The business doubled the size of the premises to accommodate the growing number of employees and warehousing capacity. The identification and implementation of industry leading software platforms to produce the decision support information we require and manage key areas such as project profitability, purchase ordering, stock levels and payroll Key additions to the senior management team including Finance Director and Construction Director. The business has also established internal commercial, procurement and sustainability departments. There are ongoing discussions with several external stakeholders about exciting strategic partnerships aimed at continuing to drive the business forward.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COYLE, Owen Daniel | Director | 2018-06-26 | Dec 1986 | British |
| COYLE, Suzanne | Director | 2020-09-07 | Sep 1990 | British |
| DOWNS, Kenneth | Director | 2025-07-01 | Jan 1980 | British |
| SWEENEY, Michael | Director | 2014-12-14 | Mar 1986 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COSEC LIMITED | Corporate Secretary | 2014-12-10 | 2014-12-10 |
| COYLE, Owen Daniel | Director | 2016-12-12 | 2017-05-08 |
| MCMEEKIN, James Stuart | Director | 2014-12-10 | 2014-12-10 |
| COSEC LIMITED | Corporate Director | 2014-12-10 | 2014-12-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Union Technical Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2019-11-25 | Active |
| Mr Owen Daniel Coyle | Individual | significant-influence-or-control-as-trust | 2019-08-07 | Ceased 2024-11-02 |
| Mr Michael Sweeney | Individual | Significant influence | 2016-07-01 | Ceased 2024-11-02 |
Filing timeline
Last 20 of 61 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-23 | AA | accounts | Accounts with accounts type full | |
| 2025-11-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-30 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-05-26 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-11-04 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-11-02 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-11-02 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-11-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-27 | AA | accounts | Accounts with accounts type medium | |
| 2024-04-24 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-01-09 | AAMD | accounts | Accounts amended with accounts type total exemption full | |
| 2024-01-04 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-11-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-08-23 | CH01 | officers | Change person director company with change date | |
| 2023-08-23 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-06-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-11 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-11-23 | AAMD | accounts | Accounts amended with accounts type total exemption full | |
| 2022-06-27 | AAMD | accounts | Accounts amended with accounts type total exemption full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- 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.