SHEPLEY ENGINEERS LIMITED

1. SHEPLEY ENGINEERS LIMITED 1995-05-01 → present
2. WARD (UK) LIMITED 1994-05-09 → 1995-05-01

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have reviewed the Company's cash flow and operating forecasts and have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future (for the period ending 31 December 2026). In addition, under the terms of the Group's banking arrangement, security over the Company's assets has been granted to the Group's bankers so the Directors of Renew Holdings plc have provided a letter of support to the Company stating that Renew Holdings plc will provide support for the Company should it be required to enable it to continue to meet its liabilities as they fall due until 31 December 2026. As a result, the directors believe that the going concern basis is appropriate for the preparation of these financial statements.”

Group structure

1. SHEPLEY ENGINEERS LIMITED · parent
   1. PPS Electrical Limited 100% · England · Electrical Contracting
   2. West Cumberland Engineering Limited 100% · England · Engineering Fabrication
   3. Nuclear Decontamination Services Limited 100% · England · Dormant

Significant events

• “In 2025, we joined Lakes College as a Bronzer Key Partner in their Employer Pledge of Excellence initiative, recognising the strength of our collaborative relationship.”
• “We are very proud to have been awarded Platinum membership of 'The 5% Club' in October 2025 which spotlights employers who are leading the way in developing skills, nurturing talent, and driving opportunity across the UK workforce.”
• “A real success story of the 2024/25 year has been the successful and safe transition to Hydrotreated Vegetable Oil (HVO) fuel, resulting in significant reduction to fuel related emissions.”
• “On 10th October 2025, the Company increased its shareholding to 20% of Cumbria Nuclear Solutions Limited, following the liquidation of James Fisher Nuclear.”
• “On 10th October 2025, the Company increased its shareholding to 33.3% of Nuclear Decommissioning Limited, following the liquidation of James Fisher Nuclear.”

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

Filings

3

last 12 months

Capital events

0

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

  -9.8%

  £66,576,000 → £60,021,000

• Cash

  -20%

  £8,179,000 → £6,545,000

• Net assets

  +1.5%

  £9,315,000 → £9,452,000

• Employees

  +5.5%

  325 → 343

• Operating profit

  -5.3%

  £1,973,000 → £1,869,000

• Profit before tax

  +14.7%

  £3,723,000 → £4,269,000

• Wages

  +6.5%

  £16,598,000 → £17,677,000

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