SPS UK&I LIMITED

1. SPS UK&I LIMITED 2022-11-02 → present
2. SWISS POST SOLUTIONS LTD 2009-07-04 → 2022-11-02
3. MAILSOURCE UK LIMITED 2006-09-29 → 2009-07-04
4. SWISS POST UK HOLDING LIMITED 2002-08-09 → 2006-09-29
5. CONTINENTAL SHELF 238 LIMITED 2002-07-10 → 2002-08-09

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 conclude they have adequate resources, in the form of cash and liquid financial assets to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing financial statements. Consequently, the financial statements are prepared on the going concern basis for the going concern period to 31 December 2026, which is 15 months from the date of approval of these financial statements.”

Significant events

• “There have been no significant events affecting the Company since the year end.”
• “In June 2023, the High Court in the UK handed down a decision in the case of Virgin Media Limited v NTL Pension Trustees II Limited and others relating to the validity of certain historical pension changes due to the lack of actuarial confirmation required by law. This case may have implications for other plans that were contracted-out and made changes between 1997 and 2016.”

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

  +1.9%

  £164,032,000 → £167,093,000

• Cash

  -16.4%

  £11,586,000 → £9,691,000

• Net assets

  +14.4%

  £17,053,000 → £19,504,000

• Employees

  -1.7%

  1,669 → 1,641

• Operating profit

  +7.2%

  £5,983,000 → £6,411,000

• Profit before tax

  +21.4%

  £3,665,000 → £4,451,000

• Wages

  +2.5%

  £59,711,000 → £61,225,000

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