INDEPENDENT METERS LIMITED
Get an alert when INDEPENDENT METERS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-25 (in 9mo)
Last made up 2026-02-11
Watchouts
None on the register
Cash
£0
-100% vs 2023
Net assets
£18M
+199% vs 2023
Employees
0
Average over period
Profit before tax
£496K
-57.2% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £3,140,967 | £2,496,907 | |
| Operating profit | £1,271,983 | £693,664 | |
| Profit before tax | £1,158,461 | £496,189 | |
| Net profit | £907,164 | £372,141 | |
| Cash | £15 | £0 | |
| Total assets less current liabilities | £7,334,796 | £23,563,505 | |
| Net assets | £6,080,826 | £18,183,951 | |
| Equity | £6,080,826 | £18,183,951 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 40.5% | 27.8% | |
| Net margin | 28.9% | 14.9% | |
| Return on capital employed | 17.3% | 2.9% | |
| Gearing (liabilities / total assets) | 49.9% | 33.3% | |
| Current ratio | 0.13x | 0.12x | |
| Interest cover | 11.20x | 3.51x |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue to adopt the going concern basis in preparing the annual report and financial statements.”
Significant events
- “The UK government introduced the Energy Act 2023, naming OFGEM the future regulator for heat networks across England, Scotland and Wales, as part of the plan to expand Great Britain's network of low carbon heating to promote the transition to net-zero emissions. When heat networks regulations come into force over the next few years, all heat networks will need to be authorised to be able to supply heat to their network. It has been determined that the new regulations will have no negative impact on the Group's future business prospects.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MUMFORD, Christopher Paul | Secretary | 2009-11-26 | — | — |
| BRETT, Richard Mark | Director | 2023-07-28 | Jun 1985 | British |
| HOCKMAN, Samuel | Director | 2025-03-31 | Sep 1982 | British |
| LINSDELL, Clive Eric | Director | 2013-01-25 | Mar 1962 | British |
| TROUNSON, John | Director | 2023-12-20 | Dec 1966 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WARD, Russell Adrian Edmund | Secretary | 2004-02-11 | 2009-11-26 |
| SECRETARIAL APPOINTMENTS LIMITED | Corporate Nominee Secretary | 2004-02-11 | 2004-02-11 |
| CORNEY, Darryl John | Director | 2006-06-21 | 2023-07-28 |
| FISHER, Robert John | Director | 2004-02-11 | 2005-08-31 |
| HINDLE, Nicola Ruth | Director | 2021-04-14 | 2023-12-20 |
| HOUGHTON, David Patrick | Director | 2004-02-11 | 2006-06-16 |
| MURRAY, Robert James Matthews | Director | 2006-07-27 | 2011-03-31 |
| SHAW, Neil Edward | Director | 2013-01-25 | 2013-12-31 |
| WARD, Russell Adrian Edmund | Director | 2004-02-11 | 2012-12-17 |
| CORPORATE APPOINTMENTS LIMITED | Corporate Nominee Director | 2004-02-11 | 2004-02-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Inexus Group (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 92 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-21 | AA | accounts | Accounts with accounts type full | |
| 2025-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-10 | AA | accounts | Accounts with accounts type full | |
| 2024-02-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-21 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-20 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-23 | AA | accounts | Accounts with accounts type full | |
| 2023-07-28 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-28 | TM01 | officers | Termination director company with name termination date | |
| 2023-02-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-20 | AA | accounts | Accounts with accounts type full | |
| 2022-02-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-14 | AA | accounts | Accounts with accounts type full | |
| 2021-04-14 | AP01 | officers | Appoint person director company with name date | |
| 2021-02-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-08-05 | AA | accounts | Accounts with accounts type full | |
| 2020-02-11 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-20.5%
£3,140,967 £2,496,907
-
Cash
-100%
£15 £0
-
Net assets
+199%
£6,080,826 £18,183,951
-
Employees
—
Not reported
-
Operating profit
-45.5%
£1,271,983 £693,664
-
Profit before tax
-57.2%
£1,158,461 £496,189
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