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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-06-08 (in 1mo)

Last made up 2025-05-25

Watchouts

1 item

Cash

£2M

+169.5% vs 2024

Net assets

£6M

+59.9% vs 2024

Employees

76

+15.2% vs 2024

Profit before tax

-£580K

+24.7% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Name history

Renamed 1 time since incorporation

  1. PLEXAL (CITY) LIMITED 2016-12-15 → present
  2. HERE EAST (INNOVATION CENTRE) LIMITED 2016-02-18 → 2016-12-15

Accounts

2-year trend · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31
Turnover £14,026,584£15,154,791
Operating profit -£773,422-£581,973
Profit before tax -£770,905-£580,116
Net profit -£770,905£2,196,204
Cash £891,581£2,402,374
Total assets less current liabilities £3,667,138£5,863,342
Net assets £3,667,138£5,863,342
Equity £3,667,138£5,863,342
Average employees 6676
Wages £2,524,435£2,670,737

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 2024-03-312025-03-31
Operating margin -5.5%-3.8%
Net margin -5.5%14.5%
Return on capital employed -21.1%-9.9%
Current ratio 0.60x1.04x

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
PricewaterhouseCoopers CI LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors, having considered the Company's objectives and available resources, along with its projected expenditure and commitments, are satisfied the Company has adequate resources to continue in operational existence for the foreseeable future.”

Group structure

  1. PLEXAL (CITY) LIMITED · parent
    1. WorkShop Group Limited 0.51% · England
    2. WorkShop Cyber Limited 0.51% · England
    3. WorkShop GC Limited 0.51% · England
    4. WorkShop Cheltenham Limited 0.51% · England
    5. WorkShop Minster Exchange Limited 0.51% · England

Significant events

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

People

3 active · 2 resigned

Name Role Appointed Born Nationality
POOLE, Gavin James Director 2018-07-27 Feb 1968 British
DV4 ADMINISTRATION LIMITED Corporate Director 2016-02-18
DV4 ADMINISTRATION UK LIMITED Corporate Director 2016-07-18
Show 2 resigned officers
Name Role Appointed Resigned
COCKERTON, Claire Heather Director 2016-07-18 2018-07-27
GOSWELL, Paul Jonathan Director 2016-02-18 2016-07-18

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Plexal Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2026-03-30 Active
Plexal (Group) Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-06-30 Ceased 2026-03-30

Filing timeline

Last 20 of 59 total filings

Date Type Category Description
2026-04-08 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2026-04-08 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2026-01-06 AA accounts Accounts with accounts type full
2025-06-03 PSC05 persons-with-significant-control Change to a person with significant control PDF
2025-06-03 CH01 officers Change person director company with change date PDF
2025-05-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-10-18 AA accounts Accounts with accounts type full
2024-06-10 CS01 confirmation-statement Confirmation statement with updates PDF
2024-01-11 AA accounts Accounts with accounts type small
2023-07-25 RP04SH01 capital Second filing capital allotment shares PDF
2023-07-25 RP04SH01 capital Second filing capital allotment shares PDF
2023-07-25 RP04SH01 capital Second filing capital allotment shares PDF
2023-07-25 RP04SH01 capital Second filing capital allotment shares PDF
2023-07-25 RP04SH01 capital Second filing capital allotment shares PDF
2023-07-24 RP04SH01 capital Second filing capital allotment shares PDF
2023-06-26 AD01 address Change registered office address company with date old address new address PDF
2023-06-26 CH02 officers Change corporate director company with change date PDF
2023-05-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-04-05 SH01 capital Capital allotment shares
2022-12-13 AA accounts Accounts with accounts type small

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

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

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

Official Companies House page