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Cash

£2.4m

+28.2% highest in 3 filed years

Net assets

£6.6m

+41.9% highest in 3 filed years

Employees

137

+18.1% highest in 3 filed years

Profit before tax

£3.2m

+24.1% highest in 3 filed years

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 £19,837,596£20,040,953£22,586,414 +12.7%
Operating profit £1,777,758£2,783,586£3,233,265 +16.2%
Profit before tax £1,530,675£2,539,710£3,152,104 +24.1%
Net profit £1,351,718£2,018,206£2,491,095 +23.4%
Cash £1,772,079£1,851,127£2,373,655 +28.2%
Total assets less current liabilities £5,053,655£5,342,477£7,009,340 +31.2%
Net assets £4,090,378£4,681,158£6,644,490 +41.9%
Equity £4,090,378£4,681,158£6,644,490 +41.9%
Average employees 116116137 +18.1%
Wages £4,143,134£4,670,107£5,531,929 +18.5%
Directors' remuneration £703,514£736,117£753,505 +2.4%
Directors' pension contributions £5,869£12,880£8,432 -34.5%
Highest paid director £402,573£323,539£310,265 -4.1%

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 9.0%13.9%14.3%
Net margin 6.8%10.1%11.0%
Return on capital employed 35.2%52.1%46.1%
Gearing (liabilities / total assets) 55.0%52.3%31.9%
Current ratio 2.00x1.98x3.19x
Interest cover 7.19x11.41x33.62x

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

  1. SPACERIGHT EUROPE LIMITED 2008-08-20 → present
  2. UL 2008 LIMITED 2008-06-12 → 2008-08-20

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Azets Audit Services
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.”

Group structure

  1. SPACERIGHT EUROPE LIMITED · parent
    1. Educational Technology Ltd 100% · United Kingdom
    2. Kids Play Kit Ltd 100% · United Kingdom
    3. Millhouse Europe B.V. 100% · Netherlands

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

People

6 active · 16 resigned

Name Role Appointed Born Nationality
MILLAR, Jason Secretary 2025-03-24 — —
ASHTON, Stephen Richard Director 2011-02-14 Sep 1965 British
CLARKE, Marie Director 2025-10-27 Nov 1980 Scottish
FYFE, Stuart Lee Director 2022-10-17 Sep 1979 British
LOVE, Stephen Director 2020-01-30 Nov 1979 British
PALIN, Matthew David Director 2026-01-01 Mar 1984 British
Show 16 resigned officers
Name Role Appointed Resigned
SYMON, Alan Wilson Secretary 2008-06-13 2014-06-12
MBM SECRETARIAL SERVICES LIMITED Corporate Secretary 2014-06-12 2025-03-24
MBM SECRETARIAL SERVICES LIMITED Corporate Secretary 2008-06-18 2011-04-30
MBM SECRETARIAL SERVICES LIMITED Corporate Secretary 2008-06-12 2008-06-13
AIRD, Robert Lindsay Brockie Director 2009-12-11 2011-05-13
CLARKE, Marie Director 2023-01-01 2023-01-01
HOUSTOUN, Alexander Director 2008-06-23 2020-01-30
JONES, Andrew Director 2020-01-30 2023-05-24
MCCOLL, William Director 2008-08-13 2012-07-11
MCGREGOR, Jill Amanda Director 2020-10-05 2022-09-23
MCSPORRAN, James Director 2008-06-13 2009-05-14
NETTLETON, John Dering Director 2013-01-15 2014-11-24
NETTLETON, John James Dering Director 2008-06-23 2020-01-30
NIVEN, Fraser Irvine Director 2008-06-23 2008-08-13
SYMON, Alan Wilson Director 2008-06-13 2020-01-30
MBM NOMINEES LIMITED Corporate Director 2008-06-12 2008-06-13

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Spaceright Group Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2020-01-30 Active

Filing timeline

Last 20 of 159 total filings

Date Type Category Description
2026-09-18 AA accounts Accounts with accounts type full PDF
2026-07-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-01-16 AP01 officers Appoint person director company with name date PDF
2025-10-27 AP01 officers Appoint person director company with name date PDF
2025-10-27 TM01 officers Termination director company with name termination date PDF
2025-10-27 AP01 officers Appoint person director company with name date PDF
2025-08-11 CS01 confirmation-statement Confirmation statement with updates PDF
2025-07-15 AA accounts Accounts with accounts type full
2025-03-24 TM02 officers Termination secretary company with name termination date PDF
2025-03-24 AP03 officers Appoint person secretary company with name date PDF
2024-09-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-06-11 AA accounts Accounts with accounts type full
2023-09-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-06-14 AA accounts Accounts with accounts type full
2023-05-24 TM01 officers Termination director company with name termination date PDF
2022-10-18 AP01 officers Appoint person director company with name date PDF
2022-09-27 AA accounts Accounts with accounts type full
2022-09-23 TM01 officers Termination director company with name termination date PDF
2022-09-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-09-17 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
0

last 24 months

Officers appointed
2

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