HUTCHEON SERVICES LIMITED
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Cash
£2.7m
-5.4% vs 2024
Net assets
£3.1m
+18.9% vs 2024
Employees
163
-5.2% lowest in 4 filed years
Profit before tax
£844k
-38.4% vs 2024
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-11-30
| Metric | Trend | 2022-11-30 | 2023-11-30 | 2024-11-30 | 2025-11-30 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | £20,431,836 | £21,603,311 | £20,545,437 | £20,135,519 | -2% | |
| Operating profit | £564,355 | £1,451,853 | £1,426,377 | £857,589 | -39.9% | |
| Profit before tax | £548,726 | £1,472,168 | £1,370,430 | £843,607 | -38.4% | |
| Net profit | £447,007 | £1,131,134 | £990,352 | £484,043 | -51.1% | |
| Cash | £680,684 | £2,529,820 | £2,809,672 | £2,656,615 | -5.4% | |
| Total assets less current liabilities | £3,712,326 | £2,478,168 | £2,618,720 | £3,140,183 | +19.9% | |
| Net assets | £3,445,109 | £2,326,243 | £2,566,595 | £3,050,638 | +18.9% | |
| Equity | £3,445,109 | £2,326,243 | £2,566,595 | £3,050,638 | +18.9% | |
| Average employees | 184 | 181 | 172 | 163 | -5.2% | |
| Wages | £7,815,169 | £9,388,089 | £8,521,846 | £9,179,004 | +7.7% | |
| Directors' remuneration | £79,945 | £2,640 | £106,717 | £203,173 | +90.4% |
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 | 2022-11-30 | 2023-11-30 | 2024-11-30 | 2025-11-30 |
|---|---|---|---|---|---|
| Operating margin | 2.8% | 6.7% | 6.9% | 4.3% | |
| Net margin | 2.2% | 5.2% | 4.8% | 2.4% | |
| Return on capital employed | 15.2% | 58.6% | 54.5% | 27.3% | |
| Gearing (liabilities / total assets) | — | — | 67.4% | 65.8% | |
| Current ratio | — | 1.28x | 1.38x | 1.42x | |
| Interest cover | 31.48x | — | — | 13.90x |
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
- HUTCHEON SERVICES LIMITED 1992-12-21 → present
- GAS PROPERTY COMPANY LIMITED 1980-06-17 → 1992-12-21
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- bk plus Audit Limited
- 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. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| STRONACHS SECRETARIES LIMITED | Corporate Secretary | 2023-07-18 | — | — |
| CAMPBELL, Gary David | Director | 1992-11-30 | Mar 1967 | British |
| FARQUHAR, Graeme Paterson | Director | 2008-04-06 | May 1974 | British |
| GALLOWAY, Donald Hugh | Director | 2022-05-27 | Mar 1976 | British |
| LEIPER, Martin | Director | 1999-11-23 | Jan 1965 | British |
| ROBB, Gregor Alexander | Director | 2001-11-22 | Jul 1966 | British |
| SHAND, Garry John | Director | 2008-04-06 | May 1967 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ROBB, Gregor Alexander | Secretary | 1995-03-14 | 2023-07-18 |
| SHINIE, Andrew Fraser | Secretary | 1993-11-23 | 1995-03-14 |
| CLARK & WALLACE SOLICITORS | Corporate Secretary | — | 1991-11-28 |
| PAULL & WILLIAMSONS | Corporate Secretary | 1991-11-28 | 1993-11-23 |
| BAIN, Alan George | Director | — | 1990-03-31 |
| BAIN, Alan George | Director | — | 1989-11-14 |
| DAVIDSON, Stewart John Robert | Director | 2004-11-01 | 2013-06-06 |
| DAVIDSON, Stewart John Robert | Director | 1992-11-30 | 2004-04-07 |
| HUTCHEON, Gordon | Director | — | 2006-12-29 |
| MORRICE, Norman Panton | Director | — | 2010-11-18 |
| MUTCH, John Edgar | Director | 1999-11-23 | 1999-12-27 |
| ROBERTS, William Alexander | Director | 1993-01-14 | 2013-09-26 |
| WEBSTER, Neil | Director | — | 1990-03-31 |
| WEBSTER, Neil | Director | — | 1989-11-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hsb Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-11-30 | Active |
Filing timeline
Last 20 of 170 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-08 | AA | accounts | Accounts with accounts type full | |
| 2026-06-10 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-03 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-19 | CH01 | officers | Change person director company with change date | |
| 2025-12-19 | CH01 | officers | Change person director company with change date | |
| 2025-12-19 | CH01 | officers | Change person director company with change date | |
| 2025-12-19 | CH01 | officers | Change person director company with change date | |
| 2025-12-19 | CH01 | officers | Change person director company with change date | |
| 2025-10-31 | CH01 | officers | Change person director company with change date | |
| 2025-08-05 | AA | accounts | Accounts with accounts type full | |
| 2025-04-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-20 | AA | accounts | Accounts with accounts type medium | |
| 2024-04-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-03 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-04-03 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-12-20 | AD04 | address | Move registers to registered office company with new address | |
| 2023-12-20 | AD02 | address | Change sail address company with old address new address | |
| 2023-09-05 | AA | accounts | Accounts with accounts type full | |
| 2023-08-09 | AP04 | officers | Appoint corporate secretary company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- 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.