IRON MOUNTAIN (UK) PLC
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-14 (in 8mo)
Last made up 2025-12-31
Watchouts
None on the register
Cash
£29M
+29.8% vs 2023
Net assets
£268M
-4.9% vs 2023
Employees
266
+5.1% vs 2023
Profit before tax
-£16M
-179.9% vs 2023
Name history
Renamed 5 times since incorporation
- IRON MOUNTAIN (UK) PLC 2017-10-30 → present
- IRON MOUNTAIN (UK) LIMITED 2000-06-27 → 2017-10-30
- BRITISH DATA MANAGEMENT LIMITED 1997-07-21 → 2000-06-27
- BRITANNIA DATA MANAGEMENT LIMITED 1988-07-21 → 1997-07-21
- TELE-LINK ARCHIVES PLC 1985-01-02 → 1988-07-21
- HUNTERS LIMITED 1980-02-11 → 1985-01-02
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 | £228,631,000 | £240,862,000 | |
| Operating profit | £40,218,000 | £13,561,000 | |
| Profit before tax | £20,179,000 | -£16,114,000 | |
| Net profit | £20,276,000 | -£13,814,000 | |
| Cash | £22,566,000 | £29,290,000 | |
| Total assets less current liabilities | £914,403,000 | £604,888,000 | |
| Net assets | £281,913,000 | £268,099,000 | |
| Equity | £281,913,000 | £268,099,000 | |
| Average employees | 253 | 266 | |
| Wages | £15,956,000 | £19,621,000 |
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 | 17.6% | 5.6% | |
| Net margin | 8.9% | -5.7% | |
| Return on capital employed | 4.4% | 2.2% | |
| Current ratio | 1.33x | 0.83x | |
| Interest cover | 1.13x | 0.29x |
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
“The financial statements are prepared on a going concern basis. The company had net current liabilities of £115.4 million as at 31 December 2024 (2023: assets £120.5 million) which included a bank overdraft of £104.5 million (2023: £162.1 million) and continues to have access to a group cash pool to fund day to day operations. The directors have received confirmation from the ultimate parent company, Iron Mountain Inc., of its continuing support for a period of at least 18 months from the date of approval of these financial statements. ... The directors, having assessed the financial position and prospects for the company, including the current cash balances of the company compared to the likely demands on these cash balances as per forecast cashflows, are satisfied that the company has adequate resources to continue to operate as a going concern throughout the twelve months following the date of approval of these financial statements. ... Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- IRON MOUNTAIN (UK) PLC · parent
- Iron Mountain Poland Holdings Limited 1%
- Saracen Datastore Limited 1%
- Crozier Fine Arts Ltd 1%
- DBJ Limited 1%
- Haworth Group Holdings (UK) Limited 1%
- F.T.S. (Freight Forwarders) Limited 1%
- Bonded Services Acquisition Limited 1%
- Bonded Services Limited 1%
- Iron Mountain MDM Limited 1%
- Recall Limited 1%
- Iron Mountain Polska Sp z.o.o. 1%
- Iron Mountain Polska Services Sp z.o.o. 1%
- Haworth Group Limited 1%
- Disaster Recovery Services Limite 1%
- Global Logistics Worldwide Limited 1%
- Bonded Services Group Limited 1%
- Novo Group Limited 1%
- Novo Holdings Limited 1%
- Novo Overseas Limited 1%
- F.T.S. (Great Britain) Limited 1%
- F.T.S. (Road Transport) Limited 1%
- Jigsaw Freight Limited 1%
- Jigsaw Pieces Limited 1%
- Bonded Services International BV 1%
Significant events
- “Fit out of the Rugby campus located on Symmetry Park continues, with state of the art facilities and automation now partially operational in the testing and commissioning stage. This will enable us to centralize our UK operations, whilst supporting future growth aspirations across all business lines.”
- “In 2024, the company increased the base salary of its operational, logistics and transport staff by an average of 5.4%.”
- “Creating Tomorrow Trust is an inclusive community of learners building the skills and confidence to succeed in a changing world. Focusing exclusively on SEND education, the trust supports young people with a wide range of needs... Iron Mountain has partnered with the trust to provide a classroom in our Lutterwirth MPN2 facility and to support these young adults in their education.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 49 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VIRGO, John Michael | Secretary | 2020-05-18 | — | — |
| FORD, Nicholas Ben | Director | 2021-01-08 | May 1983 | British |
| MACKIE, Graeme Robert | Director | 2024-06-14 | Sep 1970 | British |
Show 49 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DRYSDALE, Clive Douglas | Secretary | 1996-10-08 | 2004-03-06 |
| FORDHAM, Andrew | Secretary | 2005-11-30 | 2008-03-31 |
| HODGSON, Richard | Secretary | 2004-03-06 | 2005-04-30 |
| LYON, Joseph | Secretary | 2008-02-01 | 2009-02-02 |
| MORRIS, Ronald Michael | Secretary | 1995-05-09 | 1996-10-08 |
| MOYNIHAN, Simon Patrick | Secretary | 2014-01-14 | 2020-05-18 |
| PETERS, John Fabian | Secretary | — | 1993-05-26 |
| RADTKE, Kenneth | Secretary | 2005-04-30 | 2005-11-30 |
| THOMAS, Christopher David George | Secretary | 2009-02-02 | 2014-01-14 |
| VARAH, David John Raphael | Secretary | 1993-05-26 | 1995-05-09 |
| BENNISON, Ronald Peter | Director | 1994-01-28 | 2003-02-03 |
| BENSON, Gary Edward | Director | 1997-12-17 | 2000-11-15 |
| CAMPBELL, Thomas Walter | Director | 2005-08-01 | 2009-04-14 |
| CROWN, Stephen Maurice | Director | — | 1996-10-08 |
| DAY, Roderick | Director | 2008-07-15 | 2014-01-14 |
| DE METZ, Geoffrey | Director | — | 1994-01-28 |
| DEMPSEY, Terence Patrick | Director | 1994-09-13 | 1996-12-31 |
| DRYSDALE, Clive Douglas | Director | 1996-10-08 | 2004-03-06 |
| DUALE, Marc | Director | 2007-03-09 | 2009-10-19 |
| EDGE, Roderick Boris Clifford | Director | 1996-10-08 | 1997-09-30 |
| EGLINTON, Peter Damian | Director | 2009-04-14 | 2012-12-12 |
| GOLESWORTHY, Simon Paul | Director | 2009-10-19 | 2019-09-30 |
| HILTON, Richard John | Director | 1994-01-28 | 1996-09-23 |
| HODGSON, Richard | Director | 2004-02-27 | 2005-04-30 |
| KEDDY, Patrick John | Director | 2012-12-12 | 2021-01-08 |
| KEESHAN, Albert Luis | Director | 1995-11-27 | 1996-03-12 |
| KENNY JR, John Francis | Director | 1999-01-04 | 2003-01-31 |
| MACKIE, Graeme Robert | Director | 2019-11-30 | 2021-01-08 |
| MAIR, Denise Margaret | Director | 1993-07-01 | 1995-09-29 |
| MAKOWSKI, Richard | Director | 1997-02-10 | 2000-09-30 |
| MARSHALL, Charlotte Helen | Director | 2014-01-14 | 2019-11-30 |
| MCGUIGAN, Neil Simon | Director | — | 1996-10-08 |
| MORRIS, Ronald Michael | Director | 1992-01-13 | 1996-10-08 |
| PETERS, John Fabian | Director | — | 1993-05-26 |
| PEVY, Alan | Director | — | 1994-08-31 |
| PIRIE, Ian Watson | Director | 1995-10-02 | 1996-12-31 |
| PRICE, Phillip John | Director | 2006-03-24 | 2008-07-31 |
| PROWSE, John | Director | 2004-02-27 | 2007-03-09 |
| RADTKE, Kenneth | Director | 2003-01-31 | 2005-11-30 |
| RAPERPORT, Hugh Simon Anthony | Director | 1992-06-29 | 1992-09-30 |
| REESE, Charles Richard | Director | 1999-01-04 | 2003-01-31 |
| ROSS, John Stuart | Director | 1995-10-27 | 2002-03-04 |
| ROSS, John Stuart | Director | 1994-01-28 | 1994-09-13 |
| SHEPLEY, Philip Ernest | Director | 2021-01-08 | 2024-06-14 |
| SMITH, Nicholas Paul | Director | 1996-10-08 | 2004-07-29 |
| STEPHENSON, David | Director | 1994-01-28 | 1994-06-06 |
| THURMAN, John Lythall | Director | — | 1993-10-06 |
| VARAH, David John Raphael | Director | 1993-04-21 | 1995-05-09 |
| WILTON-STEER, Mark Julian | Director | — | 1994-04-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Iron Mountain Europe (Group) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-10-04 | Active |
| Iron Mountain Europe Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-11-18 | Ceased 2017-10-04 |
Filing timeline
Last 20 of 319 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-18 | AA | accounts | Accounts with accounts type full | |
| 2025-07-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-07 | AA | accounts | Accounts with accounts type full | |
| 2024-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-07-13 | AA | accounts | Accounts with accounts type full | |
| 2023-01-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-06 | AA | accounts | Accounts with accounts type full | |
| 2022-01-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-10 | AA | accounts | Accounts with accounts type full | |
| 2021-06-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-01-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-21 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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
+5.3%
£228,631,000 £240,862,000
-
Cash
+29.8%
£22,566,000 £29,290,000
-
Net assets
-4.9%
£281,913,000 £268,099,000
-
Employees
+5.1%
253 266
-
Operating profit
-66.3%
£40,218,000 £13,561,000
-
Profit before tax
-179.9%
£20,179,000 -£16,114,000
-
Wages
+23%
£15,956,000 £19,621,000
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