EQUANS SERVICES LIMITED

1. EQUANS SERVICES LIMITED 2022-04-04 → present
2. ENGIE SERVICES LIMITED 2016-02-29 → 2022-04-04
3. COFELY WORKPLACE LIMITED 2013-12-16 → 2016-02-29
4. BALFOUR BEATTY WORKPLACE LIMITED 2008-11-14 → 2013-12-16
5. HADEN BUILDING MANAGEMENT LIMITED 1998-01-27 → 2008-11-14
6. HADEN MAINTENANCE LIMITED 1981-12-31 → 1998-01-27
7. TROUGHTON & YOUNG LIMITED 1958-02-04 → 1981-12-31

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have, at the time of approving the financial statements, a reasonable expectation that the Company has adequate resources to continue in operational existence for the period to 30 June 2026. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. EQUANS SERVICES LIMITED · parent
   1. EWP Technical Services Limited 100% · England and Wales
   2. Cowest Services Limited 51% · England and Wales
   3. Qwest Services Limited 51% · England and Wales
   4. Cheshire Energy Networks Limited 51% · England and Wales

Significant events

• “Favourable investment returns and changes in the long-term assumptions used to derive pension scheme liabilities have resulted in an actuarial gain on defined benefit pension schemes after tax of £3,413,000 (2023: actuarial loss of £199,000).”
• “In 2024, the UK BU achieved the Combined Lost Time Incident Frequency Rate (LTIFR) of 1.72.”
• “Equans UK was awarded a Gold EcoVadis rating in 2024, demonstrating its commitment to sustainability management.”
• “In 2024, the roll out of its electric vehicle fleet continued, with over 38% of the fleet now converted to EVs.”
• “The UK BU has reduced Scope 1 and 2 corporate carbon emissions by 21% since 2023.”
• “On 2 April 2025, the Company approved the payment of a dividend of £10,000,000 to its immediate parent undertaking, Equans Holding UK Limited. The dividend was subsequently paid on 14 April 2025.”

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

Filings

2

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.

• Turnover

  -5.6%

  £791,841,000 → £747,684,000

• Cash

  +21.1%

  £41,056,000 → £49,705,000

• Net assets

  +43.1%

  £93,477,000 → £133,758,000

• Employees

  -9.5%

  7,417 → 6,713

• Operating profit

  +15.9%

  £39,744,000 → £46,080,000

• Profit before tax

  +20.5%

  £40,791,000 → £49,154,000

• Wages

  -3.7%

  £235,482,000 → £226,854,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers