SITECRETE LIMITED
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Cash
£1.8m
highest in 4 filed years
Net assets
£804k
highest in 4 filed years
Employees
23
highest in 4 filed years
Profit before tax
£2.5m
Period ending 2026-01-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
At the balance sheet date the company had a positive cash balance, net assets of £804,000 and net current liabilities of £1,492,000 including loans due to its parent undertaking Winvic Group Limited of £3,390,000. Winvic Group Limited has confirmed that it will continue to provide financial support to the company and will not call for repayment of any intercompany loans until cashflow permits. On this basis the directors consider it appropriate to prepare the financial statements on a going concern basis.
-
Going-concern uncertainty disclosed
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2026-01-31
| Metric | Trend | 2023-04-30 | 2024-04-30 | 2025-01-31 | 2026-01-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | £8,222,684 | £12,943,546 | £18,734,000 | £37,952,000 | — | |
| Operating profit | — | -£427,000 | £1,065,000 | £2,922,000 | — | |
| Profit before tax | -£1,987,948 | -£768,618 | £923,000 | £2,484,000 | — | |
| Net profit | -£1,987,948 | £1,351,136 | £692,000 | £1,863,000 | — | |
| Cash | £761,387 | £527,783 | £973,000 | £1,826,000 | — | |
| Total assets less current liabilities | £4,359,042 | £6,169,137 | £3,672,000 | £2,674,000 | — | |
| Net assets | -£1,987,868 | -£636,732 | -£1,059,000 | £804,000 | — | |
| Equity | -£1,987,868 | -£636,732 | -£1,059,000 | £804,000 | — | |
| Average employees | 13 | 21 | 17 | 23 | — | |
| Wages | £742,052 | £821,480 | £751,000 | £1,390,000 | — | |
| Directors' remuneration | — | £42,000 | £100,000 | £215,000 | — | |
| Directors' pension contributions | £NaN | £3,000 | £7,000 | £16,000 | — | |
| Highest paid director | £NaN | £NaN | £100,000 | £215,000 | — |
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 —. Year-on-year comparison hidden: this filing covers about 12 months versus 9 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-04-30 | 2024-04-30 | 2025-01-31 | 2026-01-31 |
|---|---|---|---|---|---|
| Operating margin | — | -3.3% | 5.7% | 7.7% | |
| Net margin | -24.2% | 10.4% | 3.7% | 4.9% | |
| Return on capital employed | — | -6.9% | 29.0% | 109.3% | |
| Gearing (liabilities / total assets) | 120.1% | 106.3% | 110.1% | 92.4% | |
| Current ratio | — | 1.43x | 0.95x | 0.81x | |
| Interest cover | — | -1.25x | 7.40x | 6.05x |
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
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“At the balance sheet date the company had a positive cash balance, net assets of £804,000 and net current liabilities of £1,492,000 including loans due to its parent undertaking Winvic Group Limited of £3,390,000. Winvic Group Limited has confirmed that it will continue to provide financial support to the company and will not call for repayment of any intercompany loans until cashflow permits. On this basis the directors consider it appropriate to prepare the financial statements on a going concern basis.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ALLSOPP, Christopher John | Director | 2022-04-13 | Dec 1970 | British |
| ROBERTS, David Ian | Director | 2023-12-12 | Aug 1974 | British |
| WARD, David Jonathan | Director | 2022-04-13 | Jan 1961 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUTLER, Richard James | Director | 2022-04-13 | 2024-10-29 |
| KNOWLES, Lee | Director | 2022-04-13 | 2023-08-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Winvic Group Limited | Corporate entity | Shares 75–100% | 2024-04-30 | Active |
Filing timeline
Last 15 of 15 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-18 | AA | accounts | Accounts with accounts type full | |
| 2026-04-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-01 | AA | accounts | Accounts with accounts type full | |
| 2025-05-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-31 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-11-15 | AA01 | accounts | Change account reference date company current shortened | |
| 2024-11-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-23 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-05-22 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2024-04-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-11 | AA | accounts | Accounts with accounts type unaudited abridged | |
| 2023-12-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-14 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-13 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.