SSE STOCK LIMITED
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Cash
—
Latest balance sheet
Net assets
-£3.5M
+70.6% vs 2024
Employees
30
+7.1% vs 2024
Profit before tax
-£3.6M
+20% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-06-30.
-
Negative shareholders' funds
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £88,800,000 | £74,600,000 | -16% | |
| Operating profit | -£1,800,000 | -£1,200,000 | +33.3% | |
| Profit before tax | -£4,500,000 | -£3,600,000 | +20% | |
| Net profit | -£4,000,000 | -£3,400,000 | +15% | |
| Cash | £300,000 | — | — | |
| Total assets less current liabilities | £39,900,000 | £55,500,000 | +39.1% | |
| Net assets | -£11,900,000 | -£3,500,000 | +70.6% | |
| Equity | -£11,900,000 | -£3,500,000 | +70.6% | |
| Average employees | 28 | 30 | +7.1% | |
| Wages | £1,100,000 | £1,200,000 | +9.1% | |
| Directors' remuneration | £1,300,000 | — | — |
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 —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -2.0% | -1.6% | |
| Net margin | -4.5% | -4.6% | |
| Return on capital employed | -4.5% | -2.2% | |
| Gearing (liabilities / total assets) | 118.9% | 104.7% | |
| Current ratio | 2.70x | 3.91x | |
| Interest cover | -0.67x | -0.50x |
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
- SSE STOCK LIMITED 2005-02-24 → present
- DUNWILCO (1218) LIMITED 2004-12-15 → 2005-02-24
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements are prepared on a going concern basis which has been supported by the provision of a parental letter of support from SSE plc. The Group letter of support confirms that the Group will provide support to 31 December 2026 where required. The Directors are satisfied that the Group has the ability to provide this support, should it be required.”
Significant events
- “In the year ended 31 March 2025, the Group waived and discharged the obligation of the Company to repay £11.9m of intercompany debt. This is included within the Capital contribution reserve.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LAWNS, Peter Grant | Secretary | 2009-02-12 | — | British |
| BINNIE, Andrew David Graeme | Director | 2026-04-23 | Jun 1974 | British |
| STEWART, Elizabeth-May | Director | 2026-04-23 | Jul 1977 | British |
| STEWART, John William | Director | 2026-04-23 | Mar 1970 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GRAY, Ailsa Mary | Secretary | 2005-03-22 | 2009-02-12 |
| D.W. COMPANY SERVICES LIMITED | Corporate Nominee Secretary | 2004-12-15 | 2005-03-22 |
| ALEXANDER, Fraser Mcgregor | Director | 2016-11-23 | 2023-12-01 |
| BIGGAR, Alexander Donald | Director | 2013-08-20 | 2018-07-31 |
| FLEMING, Ronald Bathgate | Director | 2018-07-31 | 2026-04-23 |
| HOOD, Colin William | Director | 2005-02-23 | 2011-10-31 |
| MCPHILLIMY, James | Director | 2011-10-31 | 2016-10-31 |
| PIBWORTH, Martin James | Director | 2023-12-01 | 2026-04-23 |
| D.W. DIRECTOR 1 LIMITED | Corporate Nominee Director | 2004-12-15 | 2005-02-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sse Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 73 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-07 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-07 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-18 | AA | accounts | Accounts with accounts type full | |
| 2025-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-12 | AA | accounts | Accounts with accounts type full | |
| 2024-06-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-06 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-11 | AA | accounts | Accounts with accounts type full | |
| 2023-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-02 | AA | accounts | Accounts with accounts type full | |
| 2022-06-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-19 | AA | accounts | Accounts with accounts type full | |
| 2021-06-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-30 | AA | accounts | Accounts with accounts type full | |
| 2020-06-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-12-18 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 3
- 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.