DENHOLM INDUSTRIAL SERVICES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-15 (in 2mo)
Last made up 2025-07-01
Watchouts
None on the register
Cash
£4M
+836.8% vs 2023
Net assets
£6M
-2.8% vs 2023
Employees
638
+13.5% vs 2023
Profit before tax
£9M
+324.4% vs 2023
Name history
Renamed 2 times since incorporation
- DENHOLM INDUSTRIAL SERVICES LIMITED 2022-07-01 → present
- SCAFFOLD ERECTION SERVICES LIMITED 1985-01-10 → 2022-07-01
- WARD & TRUESDELL LIMITED 1974-11-07 → 1985-01-10
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £62,390,341 | £111,704,521 | |
| Operating profit | £3,036,471 | £9,164,934 | |
| Profit before tax | £2,009,707 | £8,529,324 | |
| Net profit | £1,523,754 | £6,320,983 | |
| Cash | £419,075 | £3,925,770 | |
| Total assets less current liabilities | £20,854,637 | £23,896,860 | |
| Net assets | £6,320,030 | £6,141,013 | |
| Equity | £6,320,030 | £6,141,013 | |
| Average employees | 562 | 638 | |
| Wages | £25,229,643 | £30,807,565 |
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 | 4.9% | 8.2% | |
| Net margin | 2.4% | 5.7% | |
| Return on capital employed | 14.6% | 38.4% | |
| Current ratio | 1.55x | 1.90x | |
| Interest cover | 2.89x | 13.63x |
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
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors concluded there is no material uncertainty regarding going concern, having reviewed forecasts, cash resources, and facilities, and expect the company to continue in operational existence for the foreseeable future and meet its obligations.”
Significant events
- “The company had a major contract on FPSO Sea Rose in Belfast which accounted for 24% of turnover in 2024. No contract of this size is expected in 2025.”
- “Challenges in 2025 expected due to indirect impact of conflicts in Ukraine and the Middle East, and USA policy changes including import tariffs.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
12 active · 23 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DANIELS, Craig David George | Secretary | 2020-12-31 | — | — |
| BYRNE, Michael Anthony | Director | 2022-07-01 | Dec 1962 | British |
| COLLIER, James | Director | 2023-05-11 | Aug 1979 | British |
| DAVENPORT, Ross Malcolm | Director | 2022-07-01 | Jan 1987 | British |
| HILL, Stephen Anthony | Director | 2017-02-08 | Sep 1974 | British |
| JENKINS, Stephen David | Director | 2022-07-01 | Jun 1965 | British |
| O'BRIEN, Damian Lee | Director | 2022-07-01 | Feb 1981 | British |
| PALMER, John Peter | Director | 2025-01-01 | Jun 1988 | British |
| SMITH, Andrew | Director | 2024-01-25 | Aug 1963 | British |
| THOMSON, Robert Craig | Director | 2022-07-01 | Jul 1969 | British |
| WADE, Paul Andrew | Director | 2022-07-01 | Mar 1975 | British |
| WHITE, Glen Richard | Director | 2022-07-01 | Apr 1973 | British |
Show 23 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HANSON, Gregory Albert | Secretary | 2016-05-09 | 2020-12-31 |
| WARD, Denise Bernadette | Secretary | — | 1996-07-30 |
| WARD, Joanne | Secretary | 2001-02-01 | 2016-05-09 |
| WARD, Kevin Peter | Secretary | 1996-07-30 | 2001-02-01 |
| BIRD, Leonard | Director | — | 2007-12-18 |
| DAYMOND, Kevon Peter | Director | 2022-07-01 | 2022-12-31 |
| HEFFERNAN, Philip | Director | 2007-11-19 | 2022-07-01 |
| HIGSON, Deborah Ann | Director | — | 2000-10-06 |
| JENKINS, Stephen David | Director | 2016-05-09 | 2018-01-15 |
| MACLEHOSE, Benjamin Donald Robert | Director | 2016-05-09 | 2019-12-03 |
| MCILDUFF, Thomas | Director | 2023-06-09 | 2025-06-30 |
| MILNER, Tex Eric | Director | 2018-01-24 | 2023-04-30 |
| MORE, John Paton Hamilton | Director | 2016-05-09 | 2016-10-18 |
| PRESTON, Simon Luke | Director | 2016-05-09 | 2020-11-24 |
| SPRASON, Paul Thomas | Director | 2008-05-01 | 2017-12-15 |
| WARD, David Noel | Director | — | 1996-10-10 |
| WARD, Denise Bernadette | Director | 1996-07-31 | 2000-10-06 |
| WARD, Denise Bernadette | Director | — | 1996-07-30 |
| WARD, Joanne | Director | 2009-12-17 | 2016-05-09 |
| WARD, Kevin Peter | Director | 2016-05-09 | 2018-05-30 |
| WARD, Kevin Peter | Director | — | 2010-11-26 |
| WARD, Kieran | Director | 1996-10-10 | 2000-10-06 |
| WARD, Shirley Clare | Director | — | 1996-07-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Denholm Industrial Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-05-09 | Active |
| Mr Kevin Peter Ward | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Ceased 2016-05-09 |
| Mrs Joanne Ward | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2016-05-09 |
Filing timeline
Last 20 of 198 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-02 | AA | accounts | Accounts with accounts type full | |
| 2025-09-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-11 | AA | accounts | Accounts with accounts type full | |
| 2024-07-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-26 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-10 | AA | accounts | Accounts with accounts type full | |
| 2023-07-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-06-19 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-11 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-11 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-11 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-19 | SH01 | capital | Capital allotment shares | |
| 2022-11-15 | CH01 | officers | Change person director company with change date | |
| 2022-10-03 | AA | accounts | Accounts with accounts type small | |
| 2022-07-18 | TM01 | officers | Termination director company with name termination date | |
| 2022-07-13 | AP01 | officers | Appoint person director company with name date | |
| 2022-07-13 | CH01 | officers | Change person director company with change date | |
| 2022-07-13 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- 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 2024-12-31 vs 2023-12-31
-
Turnover
+79%
£62,390,341 £111,704,521
-
Cash
+836.8%
£419,075 £3,925,770
-
Net assets
-2.8%
£6,320,030 £6,141,013
-
Employees
+13.5%
562 638
-
Operating profit
+201.8%
£3,036,471 £9,164,934
-
Profit before tax
+324.4%
£2,009,707 £8,529,324
-
Wages
+22.1%
£25,229,643 £30,807,565
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