SAPPHIRE UTILITY SOLUTIONS LIMITED

1. SAPPHIRE UTILITY SOLUTIONS LIMITED 2014-06-13 → present
2. SAPPHIRE DRAINAGE SOLUTIONS LIMITED 2013-01-21 → 2014-06-13

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

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have considered the risks and opportunities known at this time, and are confident that in the forecasts prepared covering the coming 12 months, that the company will continue to operate successfully for the foreseeable future. On this basis, the Directors continue to adopt the going concern basis of accounting when preparing the financial statements.”

Significant events

• “Following a significant period of growth over the last 18 months, this year has been focused on the embedding of our processes and ways of working to provide a strong baseline for AMP 8 and the business has been actively bidding for further contract growth in 2025 and beyond.”
• “Investment in innovation came in the shape of new technology with a new Works Management System Big Change being deployed to drive productivity improvements and provide improved performance reporting. We have deployed vehicle telematics system, Samsara which optimises fleet utilisation, reduces fuel expenditure and carbon impact whilst providing driver behaviour insight.”
• “During the period the company incurred £215,000 (2023: £152,430) of redundancy costs and £62,790 (2023: £234,000) of consultancy costs in relation to the restructuring of the business.”
• “The company has a charge dated 9 December 2022, in favour of HSBC UK Bank plc. The charge contains a fixed and floating charge and a negative pledge over all the property or undertaking of the company. The charge was satisfied on 12 February 2025.”

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

Filings

9

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

  +22.8%

  £145,861,206 → £179,119,573

• Cash

  -49.7%

  £4,026,908 → £2,027,041

• Net assets

  +45.5%

  £13,303,089 → £19,353,742

• Employees

  -12.1%

  1,050 → 923

• Operating profit

  +16.6%

  £8,638,620 → £10,075,536

• Profit before tax

  +9%

  £7,510,504 → £8,186,233

• Wages

  +3.7%

  £42,136,584 → £43,710,277

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