PRINCIPLE CLEANING SERVICES LIMITED

1. PRINCIPLE CLEANING SERVICES LIMITED 2005-01-18 → present
2. PRINCIPLE SERVICES LIMITED 1989-01-10 → 2005-01-18

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

S&W Audit

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“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.”

Significant events

• “The lease at the Company's head office at Solar House, Stratford, was renewed in August 2025, following the initial 10-year lease expiring at that time. The new lease is for 5 years with a 3-year break.”
• “In July 2025, the Company was awarded the Gold Payroll Giving Quality Mark in respect for the work undertaken on its Charitable Aid Foundation payroll giving scheme.”
• “In November 2025, the Ultimate Parent Company shareholders received interest due to 31 October 2025 on their outstanding balances with the EOT which was paid by the Employee Ownership Trust, which was funded by the Company at a cash cost of £1,440,600.”
• “Additionally, in November 2025, the remainder of the loan taken on by the Employee Ownership Trust was repaid in full by the Company. The closing balance paid was £806,000.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

11

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +17.5%

  £93,502,747 → £109,855,823

• Cash

  -22.8%

  £10,996,850 → £8,486,226

• Net assets

  +12.4%

  £5,117,797 → £5,752,239

• Employees

  +10.4%

  2,602 → 2,872

• Operating profit

  +9.1%

  £7,654,683 → £8,350,684

• Profit before tax

  +12.4%

  £7,496,462 → £8,422,299

• Wages

  +16.8%

  £63,860,923 → £74,596,677

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