SERVOMEX GROUP LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-14 (in 11mo)
Last made up 2026-03-31
Watchouts
None on the register
Cash
£3M
-3.4% vs 2023
Net assets
£37M
+3.7% vs 2023
Employees
242
+3% vs 2023
Profit before tax
£6M
-21.6% vs 2023
Name history
Renamed 2 times since incorporation
- SERVOMEX GROUP LIMITED 1995-11-02 → present
- SERVOMEX (UK) LIMITED 1988-04-28 → 1995-11-02
- IRONCROW LIMITED 1987-09-29 → 1988-04-28
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £64,341,000 | £67,083,000 | |
| Operating profit | £7,585,000 | £5,814,000 | |
| Profit before tax | £7,635,000 | £5,984,000 | |
| Net profit | £5,914,000 | £4,413,000 | |
| Cash | £2,638,000 | £2,549,000 | |
| Total assets less current liabilities | £36,441,000 | £38,078,000 | |
| Net assets | £35,332,000 | £36,653,000 | |
| Equity | £35,332,000 | £36,653,000 | |
| Average employees | 235 | 242 | |
| Wages | £15,037,000 | £15,567,000 |
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 | 11.8% | 8.7% | |
| Net margin | 9.2% | 6.6% | |
| Return on capital employed | 20.8% | 15.3% | |
| Current ratio | 2.99x | 3.15x | |
| Interest cover | 379.25x | 830.57x |
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
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having considered the risk and uncertainties in the Strategic report, the Company's business and financial forecasts (including a sensitivity analysis of those forecasts), the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of at least twelve months from when the financial statements are authorised for issue. Thus, they continue to adopt the going concern basis in preparing the annual financial statements. Further details regarding the adoption of the going concern basis can be found in note I of the financial statements.”
Group structure
- SERVOMEX GROUP LIMITED · parent
- Servomex Middle East LLC 100%
Significant events
- “On 23 June 2025, subsequent to the reporting date of 31 December 2024, the boards of Spectris plc (the Company's ultimate parent company) and MI Metron UK Bidco Ltd (an indirect subsidiary of funds managed and/or advised by Advent International, L.P.) announced that they reached an agreement on the terms of a recommended cash acquisition by MI Metron UK Bidco Ltd of the entire issued and to be issued share capital of Spectris plc.”
- “On 5 August 2025, the board of Project Aurora Bidco Limited (a special purpose vehicle indirectly wholly-owned by funds advised by Kohlberg Kravis Roberts & Co. L.P. and its affiliates) (KKR BidCo) and the board of Spectris plc (Spectris, and the Spectris Board) announced that they had reached agreement on the terms of a recommended cash acquisition by KKR Bidco of the entire issued and to be issued share capital of Spectris (the KKR Acquisition).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 59 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GRAVESTOCK, James Michael George | Director | 2024-01-25 | Dec 1971 | British |
| HINDOCHA, Daven | Director | 2023-01-30 | Aug 1985 | British |
Show 59 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BILTON, Michael Andrew | Secretary | 2006-08-21 | 2007-01-19 |
| BRAMMER, Timothy John | Secretary | 2007-09-03 | 2013-11-01 |
| ELSDON, Peter John | Secretary | 2007-01-22 | 2007-07-12 |
| FRY, Peter Timothy James | Secretary | 2005-07-04 | 2006-06-14 |
| GORDON, Robert Malcolm | Secretary | — | 1994-09-30 |
| JOHNSTON, Martin James Hardy | Secretary | 1994-10-03 | 1997-04-24 |
| MATHER, Stephen John | Secretary | 2007-07-12 | 2007-09-03 |
| POWNEY, Stephen Graham | Secretary | 1997-04-24 | 1999-09-30 |
| STEVENS, Valerie Ann | Secretary | 1999-09-30 | 2005-05-27 |
| SURIYAR, Subashini | Secretary | 2013-11-01 | 2017-04-30 |
| ARMITAGE, Andrew John | Director | 1999-04-01 | 2006-04-06 |
| BARNDEN, Elaine Margaret | Director | 1995-11-03 | 1997-06-20 |
| BELL, Linda Kathryn, Doctor | Director | 2001-04-04 | 2007-07-09 |
| BILTON, Michael Andrew | Director | 2006-08-21 | 2006-08-21 |
| BLAIR, Stephen | Director | 2011-05-16 | 2014-02-26 |
| BRAMMER, Timothy John | Director | 2007-09-03 | 2013-11-01 |
| BRAZIER, Wayne John | Director | 2004-08-13 | 2010-10-19 |
| BURTON, John Robert | Director | — | 1992-07-07 |
| CHENG, Spencer | Director | 1998-01-05 | 2000-03-15 |
| COTTRELL, Christopher Thomas | Director | 2007-07-09 | 2013-07-08 |
| COWAN, Andrew | Director | 2022-01-20 | 2024-01-31 |
| COX, Martin Alec | Director | 2022-08-09 | 2024-12-31 |
| FRY, Peter Timothy James | Director | 2005-07-04 | 2006-07-24 |
| GARGANI, Simona, Dr | Director | 2004-07-01 | 2005-12-08 |
| GOODMAN, Lester Edwin | Director | 1999-09-03 | 2001-03-30 |
| GORDON, Robert Malcolm | Director | — | 1994-09-30 |
| GREEN, Richard John | Director | 1996-01-29 | 1998-01-05 |
| HALLAS, Joanna Christine | Director | 2014-06-16 | 2019-01-15 |
| HAMMOND, Victoria Anne Louise | Director | 2014-11-12 | 2020-12-31 |
| HARRIS, Stephen Clive | Director | 2005-10-10 | 2008-01-31 |
| HARROP, Roger | Director | — | 1999-06-25 |
| HAYNES, Catherine Sian | Director | 2018-02-20 | 2019-10-08 |
| HOBBY, James David | Director | 2004-09-01 | 2019-01-01 |
| HURLEY, Charles James | Director | 2013-07-08 | 2018-03-02 |
| JAMES, Leslie Frank | Director | 1995-11-03 | 1999-02-28 |
| JOHNSTON, Martin James Hardy | Director | 1994-10-03 | 1999-07-30 |
| JOWETT, Kevin Richard | Director | 1997-08-01 | 1999-09-22 |
| KOCACHE, Riad Mouhamed Adel | Director | — | 2004-08-31 |
| KYDD, Robert Fielding, Dr | Director | — | 1999-09-22 |
| LANGRIDGE, Malcolm Philip, Dr | Director | 2000-03-23 | 2002-06-07 |
| LANGRIDGE, Malcolm Philip, Dr | Director | — | 1993-03-22 |
| MACFARLANE, James | Director | 2011-01-04 | 2014-07-31 |
| NILSSON, Hans Daniel | Director | 1999-06-25 | 2001-04-04 |
| O'HIGGINS, John Edward | Director | 2008-02-01 | 2011-05-16 |
| PARNELL, Peter George | Director | — | 1997-04-24 |
| PLATTE, Melvin David | Director | 1997-01-02 | 2000-06-02 |
| PROCTOR, Michael James, Dr | Director | 2007-09-24 | 2014-03-10 |
| RENTENAAR, Auke | Director | 1997-01-02 | 1999-09-22 |
| SANDS, Trevor Martin | Director | 2018-02-20 | 2022-01-21 |
| SHAW, Luke Alexander | Director | 2020-12-07 | 2022-06-30 |
| STEVENS, Valerie Ann | Director | 1997-08-11 | 2005-05-30 |
| SURIYAR, Subashini | Director | 2013-11-01 | 2017-04-30 |
| THOMAS, Kenneth John | Director | 1999-04-01 | 2001-08-09 |
| WANG, Robert Kai Chun | Director | 1995-11-03 | 2000-03-15 |
| WATSON, Clive Graeme | Director | 2009-11-23 | 2019-01-15 |
| WEBSTER, James Charles | Director | 2001-04-04 | 2005-10-10 |
| WILLETT, David Allen | Director | 1995-11-03 | 1996-12-31 |
| WINROW, David Richard | Director | — | 1993-06-15 |
| ZACHARIAS, James Graham | Director | 1999-06-25 | 2001-04-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Spectris Group Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, significant-influence-or-control-as-firm | 2016-04-06 | Active |
Filing timeline
Last 20 of 244 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-25 | AA | accounts | Accounts with accounts type full | |
| 2025-04-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-09 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-01-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-01 | AA | accounts | Accounts with accounts type full | |
| 2024-04-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-25 | AA | accounts | Accounts with accounts type full | |
| 2023-04-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-12 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-02-01 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-20 | AA | accounts | Accounts with accounts type full | |
| 2022-08-16 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-16 | AP01 | officers | Appoint person director company with name date | |
| 2022-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-25 | TM01 | officers | Termination director company with name termination date | |
| 2022-01-20 | AP01 | officers | Appoint person director company with name date | |
| 2021-10-02 | AA | accounts | Accounts with accounts type full |
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
+4.3%
£64,341,000 £67,083,000
-
Cash
-3.4%
£2,638,000 £2,549,000
-
Net assets
+3.7%
£35,332,000 £36,653,000
-
Employees
+3%
235 242
-
Operating profit
-23.3%
£7,585,000 £5,814,000
-
Profit before tax
-21.6%
£7,635,000 £5,984,000
-
Wages
+3.5%
£15,037,000 £15,567,000
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