ULTIMA BUSINESS SOLUTIONS LTD.
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2025-03-31
Confirmation statement due
2027-01-04 (in 8mo)
Last made up 2025-12-21
Watchouts
Cash
£14M
+79.2% vs 2024
Net assets
£15M
+18.5% vs 2024
Employees
384
-4.7% vs 2024
Profit before tax
£3M
+82.7% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £73,042,000 | £84,776,000 | |
| Operating profit | £1,434,000 | £2,421,000 | |
| Profit before tax | £1,384,000 | £2,529,000 | |
| Net profit | £1,591,000 | £2,317,000 | |
| Cash | £8,072,000 | £14,462,000 | |
| Total assets less current liabilities | £15,460,000 | £17,093,000 | |
| Net assets | £12,550,000 | £14,867,000 | |
| Equity | £12,550,000 | £14,867,000 | |
| Average employees | 403 | 384 | |
| Wages | £26,849,000 | £26,697,000 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 2.0% | 2.9% | |
| Net margin | 2.2% | 2.7% | |
| Return on capital employed | 9.3% | 14.2% | |
| Gearing (liabilities / total assets) | 76.4% | 76.9% | |
| Current ratio | 1.24x | 1.26x | |
| Interest cover | 10.39x | 21.24x |
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
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based upon the above assessment the directors consider that the going concern basis remains appropriate for the preparation of the company and group's financial statements.”
Significant events
- “On 31 October 2025 the Ultima Group, of which the company is part, merged with the Trustmarque Group, acquiring the entire share capital of Project Oak Topco Limited, to form a single group ("TMU").”
- “Subsequent to the year-end, the Group, headed by Ultima Topco Limited, acquired 100% of the issued share capital of Project Oak Topco Limited on 31 October 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BEAUMONT, Jamie Adam | Director | 2024-07-22 | Jun 1980 | British |
| WILLIAMS, Simon Paul | Director | 2025-10-31 | Jul 1971 | British |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HALL, Jennifer | Secretary | 2001-05-03 | 2019-07-31 |
| HAYTER, Gerald Frank | Secretary | 1996-03-07 | 2001-05-03 |
| MCNEILL, Max Seddon | Secretary | — | 1994-05-01 |
| SAVORY, Colin Bernard | Secretary | 1994-05-01 | 1995-12-01 |
| TUSON, Paul Adam Edward | Secretary | 1995-12-01 | 1996-03-06 |
| ANTILL, Darron Mark | Director | 1998-09-07 | 2003-09-30 |
| ASHMORE, Tamsin Nicola | Director | 2020-06-29 | 2024-07-22 |
| BOURNE, Rowena Jane | Director | 2001-06-01 | 2015-03-31 |
| BOYD, David James | Director | 1997-03-01 | 1998-09-07 |
| COATES, Douglas Alexander | Director | — | 1994-05-01 |
| DARGAN, Lisa | Director | 2001-05-03 | 2006-04-03 |
| DAWES, Stephen John | Director | 1997-03-01 | 1998-08-10 |
| DODDS, Peter Scott Macdonald | Director | 2016-05-01 | 2025-10-31 |
| GREEN, Timothy Simon | Director | 2019-07-31 | 2025-10-31 |
| HALL, Jennifer | Director | 2003-01-01 | 2019-07-31 |
| JONES, Martin Denis | Director | 2001-05-03 | 2005-06-30 |
| KRISHNA, Vikram | Director | 2019-07-31 | 2025-10-31 |
| MCNEILL, Max Seddon | Director | — | 2025-10-31 |
| ROBINSON, Kevin George | Director | 1994-12-01 | 2000-04-30 |
| SHUFF, Robin John | Director | 1998-08-10 | 2019-07-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ultima Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2019-07-31 | Active |
| Mr Max Seddon Mcneill | Individual | Shares 75–100% | 2016-04-06 | Ceased 2019-07-31 |
| Mr Scott Dodds | Individual | Significant influence | 2016-04-06 | Ceased 2018-12-07 |
Filing timeline
Last 20 of 192 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-06 | AA01 | accounts | Change account reference date company previous shortened | |
| 2025-12-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-22 | AA | accounts | Accounts with accounts type full | |
| 2025-11-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-31 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-26 | CH01 | officers | Change person director company with change date | |
| 2025-05-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-05-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-31 | AA | accounts | Accounts with accounts type full | |
| 2024-09-06 | CH01 | officers | Change person director company with change date | |
| 2024-07-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-31 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-18 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 4
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 2025-03-31 vs 2024-03-31
-
Turnover
+16.1%
£73,042,000 £84,776,000
-
Cash
+79.2%
£8,072,000 £14,462,000
-
Net assets
+18.5%
£12,550,000 £14,867,000
-
Employees
-4.7%
403 384
-
Operating profit
+68.8%
£1,434,000 £2,421,000
-
Profit before tax
+82.7%
£1,384,000 £2,529,000
-
Wages
-0.6%
£26,849,000 £26,697,000
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