ADP NETWORK SERVICES LIMITED
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-06-30
Confirmation statement due
2026-11-25 (in 6mo)
Last made up 2025-11-11
Watchouts
None on the register
Cash
£4M
+245% vs 2023
Net assets
£5M
+170.9% vs 2023
Employees
—
Average over period
Profit before tax
-£41M
-2,957.7% vs 2023
Name history
Renamed 3 times since incorporation
- ADP NETWORK SERVICES LIMITED 1986-06-27 → present
- AUTOMATIC DATA PROCESSING LIMITED 1985-07-01 → 1986-06-27
- ADP NETWORK SERVICES LIMITED 1978-12-31 → 1985-07-01
- TIME SHARING LIMITED 1967-06-26 → 1978-12-31
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2024-06-30
| Metric | Trend | 2023-06-30 | 2024-06-30 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£26,000 | -£43,708,000 | |
| Profit before tax | £1,434,000 | -£40,979,000 | |
| Net profit | £1,434,000 | -£40,979,000 | |
| Cash | £1,094,000 | £3,774,000 | |
| Total assets less current liabilities | £50,552,000 | £52,996,000 | |
| Net assets | £2,017,000 | £5,465,000 | |
| Equity | £2,017,000 | £5,465,000 | |
| Average employees | — | — | |
| Wages | — | — |
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 | 2023-06-30 | 2024-06-30 |
|---|---|---|---|
| Return on capital employed | -0.1% | -82.5% | |
| Current ratio | 31.26x | 856.16x | |
| Interest cover | -0.04x | -54.36x |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- 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
- ADP NETWORK SERVICES LIMITED · parent
- Automatic Data Processing Limited 100%
- OneClickHR Limited 100%
- ADP India Private Limited 0.00012%
Significant events
- “During the year the Company impaired investments of £44,426,815 (2023: £nil) relating to new investment in OneclickHR a subsidiary company.”
- “The Company additionally issued shares of £44,426,815 (2023: £Nil).”
- “Post year end on 1 January 2025 the Company issued 1 new ordinary share of £1 for £17,231,560. Additionally on 1 January 2025 the company purchased 1 new ordinary share of £1 for £17,231,560 in Automatic Data Processing Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MAGLIULO, Virginia | Director | 2022-09-01 | Oct 1968 | Italian |
| PHIPPS, Jeffrey | Director | 2025-08-29 | Sep 1968 | British |
| WAKE, Lorna | Director | 2016-07-01 | Jun 1976 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KENNEY, Michael Devis | Secretary | 1999-01-28 | 2000-03-01 |
| CLIFFORD CHANCE SECRETARIES LIMITED | Corporate Secretary | 1991-11-11 | 2010-04-05 |
| TMF CORPORATE ADMINISTRATION SERVICES LIMITED | Corporate Secretary | 2010-04-05 | 2018-12-05 |
| BENSON, James Bracken | Director | 1996-10-18 | 2009-03-10 |
| BLACK, Maria Charlotta | Director | 2013-05-29 | 2014-11-03 |
| BONARTI, Michael Anthony | Director | 2009-03-10 | 2022-09-01 |
| BRENNAN, Alan John | Director | 1999-12-22 | 2007-08-31 |
| COLOTTI, Raymond L | Director | 1998-10-05 | 2009-03-10 |
| FINNEGAN, Sheona Dzintra | Director | 2014-11-03 | 2016-06-30 |
| FOSKETT, David | Director | 2014-11-03 | 2016-04-05 |
| GRIFFITHS, Philip John | Director | — | 1999-12-22 |
| HALDAR, Sirsha | Director | 2022-09-01 | 2025-08-29 |
| HAVILAND, Richard | Director | 1996-10-18 | 2001-06-30 |
| ITURRIOZ, Jose Antonio | Director | 1999-12-22 | 2003-03-10 |
| LAFER, Fred Seymour | Director | — | 1996-08-12 |
| LESUEUR, Philippe | Director | 2003-03-10 | 2007-05-23 |
| MCGUIRE, Donald Edward | Director | 2007-08-29 | 2014-11-03 |
| PHIPPS, Jeffrey Lewis | Director | 2016-04-06 | 2022-09-01 |
| WESTON, Josh Saul | Director | — | 1996-08-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Automatic Data Processing, Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 211 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-04-29 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-08 | CH01 | officers | Change person director company with change date | |
| 2025-09-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-17 | AA | accounts | Accounts with accounts type full | |
| 2025-01-15 | SH01 | capital | Capital allotment shares | |
| 2024-12-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-28 | CH01 | officers | Change person director company with change date | |
| 2024-05-20 | SH01 | capital | Capital allotment shares | |
| 2024-04-29 | RESOLUTIONS | resolution | Resolution | |
| 2024-01-15 | AA | accounts | Accounts with accounts type full | |
| 2023-12-17 | AD02 | address | Change sail address company with old address new address | |
| 2023-12-15 | AD03 | address | Move registers to sail company with new address | |
| 2023-12-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-19 | AD04 | address | Move registers to registered office company with new address | |
| 2023-02-19 | AD04 | address | Move registers to registered office company with new address | |
| 2023-02-19 | AD04 | address | Move registers to registered office company with new address | |
| 2022-12-19 | AA | accounts | Accounts with accounts type full | |
| 2022-11-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-07 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 2
- Officers appointed
- 1
- Officers resigned
- 1
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 2024-06-30 vs 2023-06-30
-
Turnover
—
Not reported
-
Cash
+245%
£1,094,000 £3,774,000
-
Net assets
+170.9%
£2,017,000 £5,465,000
-
Employees
—
Not reported
-
Operating profit
-168,007.7%
-£26,000 -£43,708,000
-
Profit before tax
-2,957.7%
£1,434,000 -£40,979,000
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