EQUANS FM LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-06 (in 11mo)
Last made up 2026-03-23
Watchouts
None on the register
Cash
£53M
+39.8% vs 2023
Net assets
£96M
+1.6% vs 2023
Employees
797
-15.8% vs 2023
Profit before tax
£2M
-83.5% vs 2023
Net assets
2-year trend · vs Utilities median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £130,114,000 | £104,672,000 | |
| Operating profit | £4,754,000 | -£171,000 | |
| Profit before tax | £11,816,000 | £1,944,000 | |
| Net profit | £11,770,000 | £1,520,000 | |
| Cash | £37,641,000 | £52,612,000 | |
| Total assets less current liabilities | £100,225,000 | £102,101,000 | |
| Net assets | £94,146,000 | £95,666,000 | |
| Equity | £94,146,000 | £95,666,000 | |
| Average employees | 947 | 797 | |
| Wages | £35,440,000 | £31,889,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 3.7% | -0.2% | |
| Net margin | 9.0% | 1.5% | |
| Return on capital employed | 4.7% | -0.2% | |
| Gearing (liabilities / total assets) | 33.2% | 29.8% | |
| Current ratio | 3.14x | 3.65x | |
| Interest cover | 13.58x | -0.58x |
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 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 September 2026. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- EQUANS FM LIMITED · parent
- Sale PFI Limited 1%
- Cofathec Energy PFI Limited 1%
- Cofathec Energy Services Limited 1%
- Equans Energy Services UK Limited 1%
- Cofathec Heatsave Limited 1%
- Resource Environmental Services Limited 1%
- Cofathec UK Limited 1%
- Sale PFI FM Limited 1%
Significant events
- “Turnover was adversely impacted by the expiry of a large contract during the year and the full year impact of three contracts that expired during 2023. Profit margins were negatively impacted by additional costs incurred in respect of a few challenging contracts and increased overhead costs.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 46 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MOENS, Pieter Marie Gustaaf | Secretary | 2022-07-16 | — | — |
| GALLACHER, Mark | Director | 2023-02-01 | Nov 1979 | British |
| LOISEAU, Jean-Philippe Marc Vincent | Director | 2021-09-27 | May 1968 | French |
| PEEKE, Edward Michael | Director | 2023-05-01 | Aug 1974 | British |
Show 46 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOOTH, Michael Andrew | Secretary | 2005-01-04 | 2014-03-31 |
| GARROD, Ronald Ernest | Secretary | 1993-04-29 | 2003-04-07 |
| GREGORY, Sarah | Secretary | 2015-05-01 | 2022-07-15 |
| JARDINE, Colin Ernest | Secretary | 2003-04-07 | 2005-01-04 |
| JONES, Graham Becket | Secretary | — | 1992-04-29 |
| TUDOR, Simone | Secretary | 2014-03-31 | 2015-01-05 |
| ALCOCK, David George | Director | 2017-05-01 | 2021-04-29 |
| BLAKESLEY, Brian Frederick | Director | 2013-07-18 | 2014-12-15 |
| BLAKESLEY, Brian Frederick | Director | 2003-04-28 | 2009-03-01 |
| BLUMBERGER, Richard John | Director | 2014-04-28 | 2016-01-31 |
| BOOTH, Michael Andrew | Director | 2005-01-01 | 2014-03-31 |
| BRYAN, Frederick James | Director | — | 1993-04-29 |
| CHOUTEAU, Catherine Lorgere | Director | 2011-09-22 | 2013-05-30 |
| CORNET, Georges | Director | 2004-04-28 | 2007-06-22 |
| DERRY, Richard Ironmonger | Director | 2008-07-26 | 2011-11-14 |
| DRAKE, Dereck George | Director | 1993-04-29 | 1997-02-28 |
| EVILL, Graham Brian | Director | 2013-07-18 | 2014-12-15 |
| GARROD, Ronald Ernest | Director | 1993-04-29 | 2003-11-24 |
| GRANT, Stephen Wallace | Director | 2003-04-28 | 2013-07-18 |
| GREGORY, Sarah Jane | Director | 2022-01-31 | 2022-02-04 |
| HALE, Colin Stephen | Director | 2010-10-13 | 2014-12-15 |
| HALE, Colin Stephen | Director | 2010-10-13 | 2014-12-15 |
| HOCKMAN, Samuel | Director | 2019-06-24 | 2022-02-28 |
| JACQMIN, Christian Jean | Director | — | 1992-12-31 |
| JARDINE, Colin Ernest | Director | 2003-12-01 | 2005-01-04 |
| JONES, Graham Becket | Director | — | 1993-04-29 |
| LALA, Bilal Hashim | Director | 2022-03-01 | 2023-04-30 |
| LOVETT, Nicola Elizabeth Anne | Director | 2016-01-01 | 2021-09-30 |
| MACPHERSON, Colin | Director | 2020-04-01 | 2021-06-30 |
| MYERS, Peter Michael | Director | 2003-04-28 | 2005-12-31 |
| OLEFFE, Etienne Emile Madeleine Ghislain | Director | 2005-07-01 | 2008-07-08 |
| OLEFFE, Etienne Emile Madeleine Ghislain | Director | 1993-04-29 | 2004-04-28 |
| PETRIE, Wilfrid John | Director | 2014-04-28 | 2019-05-01 |
| PETRIE, Wilfrid John | Director | 2008-07-08 | 2013-07-18 |
| PINNELL, Simon David | Director | 2016-01-01 | 2020-03-31 |
| POLLINS, Andrew Martin | Director | 2020-04-01 | 2023-01-31 |
| PUTMAN, Robin Anthony | Director | 2003-04-28 | 2010-03-31 |
| RAWSON, Paul Edwin | Director | 2016-03-14 | 2018-01-09 |
| REYMANN, Jacques Andre Henri | Director | 1993-04-29 | 2003-04-25 |
| ROGERS, Paul Alan | Director | 2013-07-18 | 2014-12-15 |
| SMITH, Brian Lawrence | Director | — | 1993-04-29 |
| TALBOT, Peter John Campbell | Director | 1996-12-09 | 2010-02-12 |
| THOMAS, Herve | Director | 2003-04-07 | 2007-10-22 |
| VIENOT, Nathalie | Director | 2009-04-08 | 2013-07-18 |
| WOODHOUSE, Terry Colin | Director | 2014-04-28 | 2014-08-19 |
| WYRILL, Christopher | Director | 2003-04-28 | 2009-03-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Equans Holding Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 256 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-19 | AA | accounts | Accounts with accounts type full | |
| 2025-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-24 | AA | accounts | Accounts with accounts type group | |
| 2024-06-04 | AA | accounts | Accounts with accounts type group | |
| 2024-04-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-28 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-06-07 | AA | accounts | Accounts with accounts type group | |
| 2023-05-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-02-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-02-03 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-12 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-07-25 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-07-25 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-05-17 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-04-04 | CERTNM | change-of-name | Certificate change of name company | |
| 2022-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-03 | AP01 | officers | Appoint person director company with name date |
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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-19.6%
£130,114,000 £104,672,000
-
Cash
+39.8%
£37,641,000 £52,612,000
-
Net assets
+1.6%
£94,146,000 £95,666,000
-
Employees
-15.8%
947 797
-
Operating profit
-103.6%
£4,754,000 -£171,000
-
Profit before tax
-83.5%
£11,816,000 £1,944,000
-
Wages
-10%
£35,440,000 £31,889,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers