IPS NEWCASTLE LTD
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Next accounts due
2027-06-30 (in 1y)
Last filed for 2025-09-30
Confirmation statement due
2027-05-22 (in 1y)
Last made up 2026-05-08
Watchouts
Cash
£3M
Latest balance sheet
Net assets
£5M
Equity attributable
Employees
132
Average over period
Profit before tax
£776K
Period ending 2025-09-30
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 2 times since incorporation — the current trading name was adopted 2024-11-08
- IPS NEWCASTLE LTD 2024-11-08 → present
- HOUGHTON INTERNATIONAL ELECTRICAL SERVICES LIMITED 1984-11-27 → 2024-11-08
- RIDGESTOCK LIMITED 1984-09-10 → 1984-11-27
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-09-30
| Metric | Trend | 2024-09-30 | 2025-09-30 |
|---|---|---|---|
| Turnover | £8,672,281 | £11,929,941 | |
| Operating profit | £783,511 | £721,105 | |
| Profit before tax | £815,240 | £775,763 | |
| Net profit | £790,589 | £692,885 | |
| Cash | £2,676,080 | £2,797,594 | |
| Total assets less current liabilities | £6,894,564 | £4,901,072 | |
| Net assets | £6,671,565 | £4,595,195 | |
| Equity | £6,671,565 | £4,595,195 | |
| Average employees | 136 | 132 | |
| Wages | £3,260,544 | £4,801,449 |
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 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|
| Operating margin | 9.0% | 6.0% | |
| Net margin | 9.1% | 5.8% | |
| Return on capital employed | 11.4% | 14.7% | |
| Gearing (liabilities / total assets) | 26.4% | 41.1% | |
| Current ratio | 3.59x | 2.20x |
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
- UNW LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the company has adequate financial and other resources to continue in operational existence for the foreseeable future. Accordingly, they continue to prepare the financial statements on a going concern basis.”
Significant events
- “The year ended 30 September 2025 was the first full fiscal year under the ownership of Integrated Power Services LLC.”
- “sale of the company to Integrated Power Services LLC on 16 May 2024 via Spring UK Buyer Limited”
- “The current reporting period of 12 months to 30 September 2025 is longer than the prior period of 8 months from 1 February 2024 to 30 September 2024. This change was made to align the company's year end with the group of which it is now a member.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BEEBE, Bradley Bart | Director | 2025-10-16 | Nov 1969 | Canadian |
| COOK, Adam | Director | 2024-05-16 | Mar 1983 | American |
| DUNNING, Jack | Director | 2016-05-03 | Nov 1977 | British |
| MARTIN, Jason | Director | 2024-05-16 | May 1978 | American |
| ZULEGER, John | Director | 2024-05-16 | Mar 1968 | American |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCCARTY, Sally Christine | Secretary | 2017-02-01 | 2024-05-16 |
| MITTEN, Daphne Christine | Secretary | — | 2014-03-06 |
| MITTEN, David Ronald | Secretary | 2017-02-01 | 2024-05-16 |
| DARCY, David | Director | 2014-04-01 | 2024-05-16 |
| GODDARD, Barry John | Director | 2014-05-13 | 2016-04-05 |
| HUTTON, Craig William | Director | 2014-04-01 | 2025-12-11 |
| LAMMING, Pamela | Director | 2017-06-19 | 2019-09-05 |
| MITTEN, Daphne Christine | Director | — | 2014-03-06 |
| MITTEN, David Ronald | Director | 2001-12-01 | 2005-12-08 |
| MITTEN, Michael Robert | Director | 2002-03-06 | 2024-05-16 |
| MITTEN, Ronald | Director | — | 2007-06-09 |
| NEAL, Nicolas | Director | 2024-05-16 | 2024-06-27 |
| ROBSON, Christopher Matt | Director | 2016-02-22 | 2020-12-01 |
| SCOTT, Tiffany Catherine | Director | 2019-08-01 | 2020-12-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Spring Uk Buyer Limited | Corporate entity | Shares 75–100% | 2024-05-16 | Active |
| Mr Michael Robert Mitten | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Ceased 2024-05-16 |
Filing timeline
Last 20 of 173 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-12 RESOLUTIONS Resolution
- 2026-01-12 MA Memorandum articles
- 2024-11-08 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-11 | AA | accounts | Accounts with accounts type full | |
| 2026-05-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-12 | SH10 | capital | Capital variation of rights attached to shares | |
| 2026-01-12 | SH08 | capital | Capital name of class of shares | |
| 2026-01-12 | RESOLUTIONS | resolution | Resolution | |
| 2026-01-12 | MA | incorporation | Memorandum articles | |
| 2025-12-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-12 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2025-05-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-14 | AA | accounts | Accounts with accounts type full | |
| 2025-04-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-11-08 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-11-07 | AA | accounts | Accounts with accounts type full | |
| 2024-07-15 | AA01 | accounts | Change account reference date company current shortened | |
| 2024-06-27 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-15 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-15 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- 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
FY2024 → FY2025 · period ending 2025-09-30 vs 2024-09-30