MAURICE WARD NETWORKS UK LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-30 (in 3mo)
Last made up 2025-08-16
Watchouts
None on the register
Cash
£9M
-23.4% vs 2023
Net assets
£1M
+45.5% highest in 5 filed years
Employees
2
0% vs 2023
Profit before tax
£559K
+17.3% highest in 5 filed years
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | £50,473,194 | £82,407,210 | £118,611,019 | £93,140,204 | £95,623,080 | |
| Operating profit | — | £363,726 | £316,867 | £279,227 | £153,148 | |
| Profit before tax | -£276,780 | £363,726 | £324,719 | £476,524 | £559,056 | |
| Net profit | -£258,048 | £363,726 | £263,086 | £364,295 | £419,017 | |
| Cash | £2,647,039 | £2,429,067 | £5,544,759 | £11,528,785 | £8,827,338 | |
| Total assets less current liabilities | -£69,388 | £294,338 | £557,424 | £1,702,440 | £1,340,736 | |
| Net assets | — | — | £557,424 | £921,719 | £1,340,736 | |
| Equity | -£69,388 | £294,338 | £557,424 | £921,719 | £1,340,736 | |
| Average employees | 4 | 4 | 3 | 2 | 2 | |
| Wages | £130,910 | £128,756 | £94,404 | £85,000 | £85,000 |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | 0.4% | 0.3% | 0.3% | 0.2% | |
| Net margin | -0.5% | 0.4% | 0.2% | 0.4% | 0.4% | |
| Return on capital employed | — | 123.6% | 56.8% | 16.4% | 11.4% |
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
- Kings CAP Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's 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.”
Significant events
- “The company has continued to see recovery in capacity as countries lift restrictions.”
- “The freight transportation industry remains a highly competitive market to operate in due to the high number of low cost operators within the market.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WARD, Maurice Antony | Director | 2015-02-24 | Oct 1967 | Irish |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Maurice Ward Group Two S.R.O | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-06-21 | Ceased 2021-06-21 |
| Mr Maurice Antony Ward | Individual | ownership-of-shares-75-to-100-percent-as-firm, voting-rights-75-to-100-percent-as-firm | 2021-06-21 | Active |
| Mr Maurice Antony Ward | Individual | Shares 75–100% | 2016-04-06 | Ceased 2021-06-21 |
Filing timeline
Last 20 of 34 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-08 | AA | accounts | Accounts with accounts type full | |
| 2025-08-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-24 | CH01 | officers | Change person director company with change date | |
| 2025-02-24 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-09-12 | AA | accounts | Accounts with accounts type full | |
| 2024-08-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-18 | AA | accounts | Accounts with accounts type full | |
| 2023-08-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-22 | CH01 | officers | Change person director company with change date | |
| 2023-08-18 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2022-09-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-24 | AA | accounts | Accounts with accounts type full | |
| 2022-08-16 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-08-16 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-08-16 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-11-23 | AA | accounts | Accounts with accounts type full | |
| 2021-08-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-08-06 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-03-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-26 | AA | accounts | Accounts with accounts type total exemption full |
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
+2.7%
£93,140,204 £95,623,080
-
Cash
-23.4%
£11,528,785 £8,827,338
-
Net assets
+45.5%
£921,719 £1,340,736
highest in 3 filed years
-
Employees
0%
2 2
-
Operating profit
-45.2%
£279,227 £153,148
lowest in 4 filed years
-
Profit before tax
+17.3%
£476,524 £559,056
highest in 5 filed years
-
Wages
0%
£85,000 £85,000
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