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Next accounts due

2027-03-31 (in 10mo)

Last filed for 2025-06-30

Confirmation statement due

2026-07-03 (in 2mo)

Last made up 2025-06-19

Watchouts

None on the register

Cash

£7M

-50% vs 2024

Net assets

£21M

-26.2% vs 2024

Employees

107

-4.5% vs 2024

Profit before tax

£27M

+38.7% vs 2024

Name history

Renamed 1 time since incorporation

  1. GROUNDSURE LIMITED 2001-03-02 → present
  2. VESRATE LIMITED 1997-08-18 → 2001-03-02

Accounts

2-year trend · latest reflected 2025-06-30

Metric Trend 2024-06-302025-06-30
Turnover £33,535,000£42,619,000
Operating profit £19,337,000£26,788,000
Profit before tax £19,282,000£26,745,000
Net profit £17,914,000£22,445,000
Cash £13,272,000£6,636,000
Total assets less current liabilities £29,646,000£22,480,000
Net assets £28,890,000£21,335,000
Equity £28,890,000£21,335,000
Average employees 112107
Wages £4,590,000£4,885,000

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 2024-06-302025-06-30
Operating margin 57.7%62.9%
Net margin 53.4%52.7%
Return on capital employed 65.2%119.2%
Gearing (liabilities / total assets) 10.0%31.1%
Current ratio 4.30x3.10x
Interest cover 351.58x622.98x

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
Oury Clark Chartered Accountants
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“After making reasonable enquiries and having considered the matters described above, the directors believe that the Company is a sustainable business, will be able to meet its liabilities as they fall due and will have adequate resources to continue in operational existence for at least the period to 31 March 2027 from the date of approval of these financial statements. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.”

Significant events

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

People

4 active · 36 resigned

Name Role Appointed Born Nationality
BUCKLE, Jonathan Mark Secretary 2022-03-18
HILL, David Lloyd Director 2021-01-20 May 1956 Australian
SMITH, Malcolm Director 2024-07-12 Oct 1979 British,South African
WOOD, Stephen Paul Director 2021-01-20 Oct 1965 Australian
Show 36 resigned officers
Name Role Appointed Resigned
ELSDON, Kate Secretary 2007-06-08 2007-09-28
FREEMAN, Susanna Secretary 2012-10-24 2014-01-30
GHIAZZA, Antonio Giacomo Secretary 2021-01-20 2022-03-18
HAY, Helen Frances Secretary 2009-09-07 2010-03-04
LIVETT, Paul Andrew Secretary 1997-09-16 2003-12-16
LOOI, Shanny Secretary 2008-06-06 2021-01-20
MEADS, Louise Secretary 2017-02-06 2021-01-20
MYLLYOJA, Hanna Margareeta Secretary 2022-03-18 2022-06-10
NAREBOR, Torugbene Eniyekeye Secretary 2007-09-28 2008-06-06
RWL REGISTRARS LIMITED Corporate Nominee Secretary 2003-12-16 2007-06-08
WATERLOW SECRETARIES LIMITED Corporate Nominee Secretary 1997-08-18 1997-09-16
BEURIER, Stefan Director 2016-04-25 2020-12-10
CARTER, Derek Raymond Anthony Director 2007-06-08 2008-03-31
CHRISTIE-MILLER, Natasha Isobel Director 2016-01-28 2020-10-12
ELLIOT, Richard Emmerson Director 2007-06-08 2008-07-18
GESTETNER, Emily Henrietta Director 2011-05-17 2012-06-29
GILBERTSON, David Stuart Director 2008-03-31 2011-05-23
GOUGH, Malcolm Howard Director 2012-12-03 2013-01-02
GRADDEN, Amanda Jane Director 2013-01-02 2021-01-20
GRAY, Tracey Marie Director 2008-07-18 2011-12-21
GULLIVER, John Keith Director 2012-06-11 2012-10-24
HADLEY, Mark Director 2001-02-27 2002-03-08
HINDLEY, Martyn John Director 2008-11-03 2011-12-22
HUNTER, Alexander Dounie Director 2001-12-07 2007-06-08
LEVIN, Michael Director 2002-10-09 2007-06-08
LIVETT, Paul Andrew Director 1998-11-03 2007-06-08
MACDONALD, Jayne Ellison Director 2001-07-05 2007-06-08
MACDONALD, Jayne Ellison Director 1997-09-16 2001-02-27
MONTAGNANI, Daniele Benedict Director 2021-01-27 2024-07-12
PAINTER, Duncan Anthony Director 2011-12-22 2021-01-20
TURNER, Simon Paul Director 2002-05-27 2003-11-13
ULPH, Timothy Michael Director 2001-02-27 2007-06-08
WILSON, Stephen Director 2012-10-24 2012-12-03
WOOD, Nicholas John Director 2001-02-27 2007-06-08
WOOLFREY, Michael James Douglas Director 2013-01-02 2014-12-31
WATERLOW NOMINEES LIMITED Corporate Nominee Director 1997-08-18 1997-09-16

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Ati Uk Holdings Ltd Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2021-01-20 Active
Ascential Group Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2020-12-11 Ceased 2021-01-20
Bep Holdco Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2020-12-11

Filing timeline

Last 20 of 225 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2022-06-15 RESOLUTIONS Resolution
Date Type Category Description
2025-12-31 AA accounts Accounts with accounts type full
2025-08-11 MR04 mortgage Mortgage satisfy charge full PDF
2025-08-11 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-07-22 MR04 mortgage Mortgage satisfy charge full PDF
2025-07-22 MR04 mortgage Mortgage satisfy charge full PDF
2025-06-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-27 AA accounts Accounts with accounts type full
2024-07-16 AP01 officers Appoint person director company with name date PDF
2024-07-16 TM01 officers Termination director company with name termination date PDF
2024-06-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-04-12 AA accounts Accounts with accounts type full
2024-03-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-04-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-03-20 AA accounts Accounts with accounts type full
2023-01-31 AD01 address Change registered office address company with date old address new address PDF
2023-01-05 AA accounts Accounts with accounts type full
2022-07-06 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2022-06-15 RESOLUTIONS resolution Resolution
2022-06-10 TM02 officers Termination secretary company with name termination date PDF
2022-04-13 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

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.

Year-on-year

FY2024 → FY2025 · period ending 2025-06-30 vs 2024-06-30

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

Official Companies House page