BLU 3 (UK) LIMITED

1. BLU 3 (UK) LIMITED 2008-02-26 → present
2. RUSSELL BLU3 LIMITED 2007-04-16 → 2008-02-26
3. RUSSELL UTILITIES LIMITED 2005-01-21 → 2007-04-16
4. HARRIS UTILITIES LIMITED 2004-02-05 → 2005-01-21

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

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The Directors have prepared forecasts for the Company based on the Company's current and planned workload together with prudent assumptions in respect of new business and opportunities, as well as including assessments of current and future market conditions. The Company is well placed with a healthy cash balance and no debt as at 31 March 2025 and to the date the financial statements are approved. The Directors have a reasonable expectation that the Company has adequate resources to continue operational existence for at least 12 months from the date of approval of these financial statements. Accordingly, they continue to adopt the going basis in preparing the financial statements of the Company. The financial statements do not include any adjustments that may be result from any significant changes in the assumptions noted above in preparing the financial statements on a going concern basis.”

Significant events

• “in April 2025 an enquiry by the Serious Fraud Office ("SFO") was announced in relation to certain historical transactions from over a decade ago involving the Company.”
• “Separately, an HM Revenue & Customs enquiry relating to prior year tax computations had been due for settlement in April; however, this was put on hold by HMRC pending the SFO investigation. The settlement proposed was a total sum offered of £94,965.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +87.6%

  £97,676,149 → £183,243,478

• Cash

  +534.9%

  £1,295,865 → £8,227,197

• Net assets

  +29.4%

  £19,549,659 → £25,302,747

• Employees

  -5%

  179 → 170

• Operating profit

  +1,476%

  £450,371 → £7,097,708

• Profit before tax

  +1,891.7%

  £358,841 → £7,146,894

• Wages

  +5.6%

  £13,349,482 → £14,095,988

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