PLUSNET PLC
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2025-03-31
Confirmation statement due
2026-11-28 (in 6mo)
Last made up 2025-11-14
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£148M
-6.6% vs 2024
Employees
944
-12.3% vs 2024
Profit before tax
£71M
-13.8% vs 2024
Name history
Renamed 2 times since incorporation
- PLUSNET PLC 2004-07-07 → present
- PLUSNET TECHNOLOGIES LIMITED 1997-12-12 → 2004-07-07
- FORCE9 INTERNET LIMITED 1996-11-15 → 1997-12-12
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 | £401,841,000 | £342,496,000 | |
| Operating profit | £71,926,000 | £61,815,000 | |
| Profit before tax | £82,296,000 | £70,914,000 | |
| Net profit | £80,685,000 | £69,430,000 | |
| Cash | — | — | |
| Total assets less current liabilities | £160,958,000 | £151,901,000 | |
| Net assets | £158,715,000 | £148,235,000 | |
| Equity | £158,715,000 | £148,235,000 | |
| Average employees | 1,077 | 944 | |
| Wages | £27,508,000 | £25,852,000 |
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 | 17.9% | 18.0% | |
| Net margin | 20.1% | 20.3% | |
| Return on capital employed | 44.7% | 40.7% | |
| Gearing (liabilities / total assets) | 20.9% | 21.5% | |
| Current ratio | 4.20x | 4.32x | |
| Interest cover | 15.67x | 11.09x |
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
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have no reason to believe that a material uncertainty exists that may cast significant doubt about the ability of the Company to continue as a going concern. The Company is expected to continue to generate positive operating cash flows for the foreseeable future. It is financially strong with net assets of £148m.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 41 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NEWGATE STREET SECRETARIES LIMITED | Corporate Secretary | 2007-01-24 | — | — |
| CARMAN, Joanna Catherine | Director | 2021-11-11 | May 1986 | British |
| GILLIES, Claire, Ms. | Director | 2025-02-11 | May 1976 | Canadian |
| HARRIS, Stephen Christopher | Director | 2017-09-01 | Nov 1970 | British |
Show 41 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COMER, Neil Thomas | Secretary | 2005-11-07 | 2007-01-24 |
| DOLMAN, Patricia Ann | Secretary | 1996-11-15 | 1998-11-12 |
| MAKANJI, Ashok | Secretary | 2000-05-01 | 2005-11-07 |
| STRAFFORD, Lee Andrew | Secretary | 1998-11-13 | 2000-05-01 |
| CORPORATE ADMINISTRATION SECRETARIES LIMITED | Corporate Nominee Secretary | 1996-11-15 | 1996-11-15 |
| ADAMS, Kevin Donald | Director | 2004-07-07 | 2007-01-24 |
| ALLERA, Marc David | Director | 2017-09-01 | 2025-02-11 |
| BAKER, Andrew John | Director | 2014-01-16 | 2019-11-25 |
| BARZEGAR, Roland | Director | 2014-07-02 | 2016-02-05 |
| BOOTH, Samantha Rosemary Jane | Director | 2008-05-07 | 2010-07-27 |
| CALVERT, Samuel John | Director | 2020-03-19 | 2021-06-30 |
| CAMERON, Richard | Director | 2007-01-24 | 2008-04-09 |
| CAPITANIO, Anna | Director | 2020-06-30 | 2023-01-31 |
| COMER, Neil Thomas | Director | 2004-07-07 | 2007-03-13 |
| CROWN, Eric J | Director | 1998-04-03 | 2003-09-22 |
| CROWN, Timothy | Director | 1998-04-03 | 2004-07-07 |
| CURRY, Simon John | Director | 2010-04-08 | 2010-09-16 |
| CUSACK, Paul Michael | Director | 1996-11-15 | 2000-06-26 |
| DAVIES, Matthew James | Director | 2010-04-15 | 2017-09-01 |
| FORD, James Antony | Director | 2010-09-16 | 2014-01-16 |
| GUMBERT, Michael | Director | 2000-07-05 | 2001-07-23 |
| HALL, Claire Louise | Director | 2007-03-13 | 2008-05-07 |
| HURRY, Jonathan Paul | Director | 2007-09-18 | 2011-03-29 |
| LAYBOURNE, Stanley | Director | 1998-04-03 | 2004-07-07 |
| LAYCOCK, Neil Keith Joseph | Director | 2007-03-13 | 2008-12-31 |
| LOTT, Nicholas Simon | Director | 1996-11-26 | 2000-01-31 |
| MAKANJI, Ashok | Director | 2004-07-07 | 2005-11-07 |
| MOYA, Robert | Director | 2003-09-22 | 2007-01-24 |
| OLIVER, Peter Geoffrey | Director | 2019-12-10 | 2020-06-30 |
| PATTERSON, Gavin Echlin | Director | 2007-01-24 | 2008-01-25 |
| PETTER, John Richard Martin | Director | 2009-01-08 | 2017-09-01 |
| ROLLINSON-NORBURY, Beth-Marie | Director | 2023-10-16 | 2024-12-27 |
| SADLIER, Clare | Director | 2008-05-07 | 2010-04-15 |
| SCLEPARIS, Eustratios | Director | 2007-01-24 | 2007-08-31 |
| SHERWIN, Michael | Director | 2004-07-07 | 2007-01-24 |
| SMITH, Branson | Director | 2001-07-23 | 2003-10-08 |
| SMITH, Paula | Director | 2016-04-26 | 2020-06-30 |
| STRAFFORD, Lee Andrew | Director | 1997-12-12 | 2007-03-13 |
| VOLLMER, Henry Anthony | Director | 2008-11-26 | 2010-09-16 |
| WILSON, Andrew Richard | Director | 2011-01-17 | 2014-04-03 |
| CORPORATE ADMINISTRATION SERVICES LIMITED | Corporate Nominee Director | 1996-11-15 | 1996-11-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| British Telecommunications Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 260 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-02 | CH01 | officers | Change person director company with change date | |
| 2025-11-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-14 | AA | accounts | Accounts with accounts type full | |
| 2025-03-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-03-19 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-11-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-15 | AD02 | address | Change sail address company with old address new address | |
| 2023-10-16 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-09 | AA | accounts | Accounts with accounts type full | |
| 2023-01-31 | TM01 | officers | Termination director company with name termination date | |
| 2022-11-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-07 | AA | accounts | Accounts with accounts type full | |
| 2022-06-23 | CH01 | officers | Change person director company with change date | |
| 2022-02-21 | CH04 | officers | Change corporate secretary company with change date | |
| 2022-01-01 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2021-11-16 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-14.8%
£401,841,000 £342,496,000
-
Cash
—
Not reported
-
Net assets
-6.6%
£158,715,000 £148,235,000
-
Employees
-12.3%
1,077 944
-
Operating profit
-14.1%
£71,926,000 £61,815,000
-
Profit before tax
-13.8%
£82,296,000 £70,914,000
-
Wages
-6%
£27,508,000 £25,852,000
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