OFFICE POWER LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-05-07 (in 1y)
Last made up 2026-04-23
Watchouts
None on the register
Cash
£232K
-67.1% vs 2024
Net assets
£8M
+18.9% highest in 6 filed years
Employees
32
+23.1% highest in 6 filed years
Profit before tax
£572K
+25.5% first positive since 2022
Net assets
10-year trend · vs Consumer Discretionary median
Accounts
10-year trend · latest reflected 2025-03-31
| Metric | Trend | 2019-04-01 | 2020-03-31 | 2021-03-31 | 2021-04-01 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2023-04-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £16,232,094 | — | £20,019,995 | — | £24,076,730 | £26,168,804 | |
| Operating profit | — | — | — | — | -£644,612 | — | £6,557,469 | — | £136,864 | £712,261 | |
| Profit before tax | — | — | — | — | -£662,576 | — | £6,467,625 | — | £455,539 | £571,593 | |
| Net profit | — | — | — | — | — | — | — | — | — | — | |
| Cash | — | £9,272 | £1,027,063 | — | £637,511 | — | £1,155,033 | — | £706,455 | £232,290 | |
| Total assets less current liabilities | — | £815,027 | £226,039 | — | £863,463 | — | £7,377,070 | — | £7,483,738 | £8,384,399 | |
| Net assets | — | £311,106 | -£205,904 | — | -£977,845 | — | £5,647,070 | — | £7,053,738 | £8,384,399 | |
| Equity | — | £311,106 | -£205,904 | — | -£977,845 | — | £5,647,070 | — | £7,053,738 | £8,384,399 | |
| Average employees | — | 23 | 23 | — | 25 | — | 20 | — | 26 | 32 | |
| Wages | — | — | — | — | £594,076 | — | £714,342 | — | £1,008,610 | £1,294,859 |
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 | 2019-04-01 | 2020-03-31 | 2021-03-31 | 2021-04-01 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2023-04-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | -4.0% | — | 32.8% | — | 0.6% | 2.7% | |
| Return on capital employed | — | — | — | — | -74.7% | — | 88.9% | — | 1.8% | 8.5% | |
| Interest cover | — | — | — | — | -35.75x | — | 71.45x | — | 0.83x | 17.46x |
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
- Menzies LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- OFFICE POWER LIMITED · parent
- IDOS Online Limited 100%
Significant events
- “Following the year end, the Company reached a settlement with the liquidators resulting in a payment to the liquidators of £107,333 and receipt of Exceptional Income of £520,094 following the reduction in the Trade Creditor balance.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WILSON, Nicholas Peter | Secretary | 2012-06-18 | — | British |
| SINCLAIR, Richard Grant | Director | 2021-05-20 | Jun 1979 | British |
| WILSON, Nicholas Peter | Director | 2012-06-18 | Jun 1971 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CLAYDON, Katherine Maria | Director | 2012-05-15 | 2012-06-18 |
| DRAKEFORD, Simon Scott | Director | 2012-06-18 | 2024-08-08 |
| KARIBIAN, George Vahak | Director | 2012-06-18 | 2020-04-23 |
| TINEGATE, Neil Russell | Director | 2016-09-28 | 2017-12-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Euroffice Holdco 2 Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2017-05-01 | Active |
Filing timeline
Last 20 of 44 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-22 | AA | accounts | Accounts with accounts type full | |
| 2025-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-20 | AA | accounts | Accounts with accounts type full | |
| 2024-09-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-21 | AA | accounts | Accounts with accounts type full | |
| 2023-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-21 | AA | accounts | Accounts with accounts type small | |
| 2022-05-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-28 | AA | accounts | Accounts with accounts type small | |
| 2021-05-20 | AP01 | officers | Appoint person director company with name date | |
| 2021-05-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-29 | AA | accounts | Accounts with accounts type small | |
| 2020-08-19 | AD01 | address | Change registered office address company with date old address new address | |
| 2020-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-04-23 | TM01 | officers | Termination director company with name termination date | |
| 2020-01-03 | AA | accounts | Accounts with accounts type small | |
| 2019-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-01-07 | AA | accounts | Accounts with accounts type small |
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
+8.7%
£24,076,730 £26,168,804
highest in 4 filed years
-
Cash
-67.1%
£706,455 £232,290
-
Net assets
+18.9%
£7,053,738 £8,384,399
highest in 6 filed years
-
Employees
+23.1%
26 32
highest in 6 filed years
-
Operating profit
+420.4%
£136,864 £712,261
first positive since 2022
-
Profit before tax
+25.5%
£455,539 £571,593
first positive since 2022
-
Wages
+28.4%
£1,008,610 £1,294,859
highest in 4 filed years
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