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Cash

£37M

-2.5% vs 2024

Net assets

£84M

+124.8% highest in 3 filed years

Employees

9,276

+3.7% highest in 3 filed years

Profit before tax

£9.9M

-21.4% vs 2024

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £826,879,000£866,897,000£867,595,000 +0.1%
Operating profit £9,749,000£7,984,000 -18.1%
Profit before tax £7,982,000£12,536,000£9,858,000 -21.4%
Net profit £4,780,000£14,787,000£46,885,000 +217.1%
Cash £20,032,000£38,028,000£37,081,000 -2.5%
Total assets less current liabilities £22,275,000£39,438,000£83,627,000 +112%
Net assets £21,944,000£37,189,000£83,615,000 +124.8%
Equity £21,944,000£37,189,000£83,615,000 +124.8%
Average employees 8,3388,9459,276 +3.7%
Wages £684,379,000£717,739,000£701,179,000 -2.3%
Directors' remuneration £1,134,000£1,133,000£1,110,000 -2%

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 2023-12-312024-12-312025-12-31
Operating margin 1.1%0.9%
Net margin 0.6%1.7%5.4%
Return on capital employed 24.7%9.5%
Gearing (liabilities / total assets) 96.3%87.3%
Current ratio 1.00x1.02x1.11x

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
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have assessed the company's ability to continue as a going concern for a period of 12 months from the date of approval of these financial statements. Based on this assessment, which considered current trading performance, cash flow forecasts, and available financing facilities, the directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future.”

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

People

4 active · 7 resigned

Name Role Appointed Born Nationality
OTTERSON, Robert James Secretary 2025-03-21
CRAWFORD, Charles Robertson Director 2018-11-19 Mar 1964 British
DAVIES, Claire Louise Director 2019-10-04 Apr 1967 British
SCOTT, Charles Douglas Knowles Director 2018-06-30 Dec 1973 British
Show 7 resigned officers
Name Role Appointed Resigned
PEEL, Alistair Charles Secretary 2018-08-09 2024-07-26
WADE, Jarlath Delphene Secretary 2014-02-11 2018-08-09
DALGARNO, Sarah Director 2014-02-11 2015-03-17
IBESON, Elisabeth Director 2014-02-11 2019-09-09
MUGGE, Mark Stephen Director 2014-02-11 2015-01-26
PIKE, Matthew William Director 2015-03-17 2018-11-19
STORY, Ian Graham Director 2015-06-25 2018-06-30

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Gallagher Holdings (Uk) Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 56 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-10-08 MA Memorandum articles
  • 2025-10-08 RESOLUTIONS Resolution
  • 2024-01-31 RESOLUTIONS Resolution
Date Type Category Description
2026-06-05 AA accounts Accounts with accounts type full
2025-11-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-08 MA incorporation Memorandum articles
2025-10-08 RESOLUTIONS resolution Resolution
2025-07-09 AA accounts Accounts with accounts type full
2025-03-24 AP03 officers Appoint person secretary company with name date PDF
2025-02-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-08-09 TM02 officers Termination secretary company with name termination date PDF
2024-06-02 AA accounts Accounts with accounts type full
2024-03-28 CH01 officers Change person director company with change date PDF
2024-02-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-01-31 SH19 capital Capital statement capital company with date currency figure
2024-01-31 SH20 capital Legacy
2024-01-31 CAP-SS insolvency Legacy
2024-01-31 RESOLUTIONS resolution Resolution
2024-01-26 SH01 capital Capital allotment shares PDF
2024-01-26 RP04SH01 capital Second filing capital allotment shares PDF
2023-09-20 PSC05 persons-with-significant-control Change to a person with significant control PDF
2023-06-02 AA accounts Accounts with accounts type full
2023-03-24 CH01 officers Change person director company with change date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Official Companies House page