Cash

£9K

-54% vs 2023

Net assets

£3M

+0.4% vs 2023

Employees

2

0% vs 2023

Profit before tax

£21K

-31% vs 2023

Profile

Company number
10065210
Status
Active
Incorporation
2016-03-16
Last accounts made up
2024-12-31
Account category
FULL
Primary SIC
63110
Hubs
UK AI & Enterprise SaaS

Profit before tax

7-year trend · vs UK AI & Enterprise SaaS median

£0£25k£50k2018201920202021202220232024
118 GROUP LIMITED

Accounts

7-year trend · latest 2024-12-31

Metric Trend 2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Turnover £231,520
Operating profit £21,045
Profit before tax £21,045£25,077£41,233£29,896£20,639
Net profit £17,046£19,377£35,533£11,343£13,139
Cash £14,760£3,917£20,508£19,082£8,777
Total assets less current liabilities £3,250,752£3,270,129£3,305,662£3,317,005£3,330,144
Net assets
Equity £3,226,156£3,233,706£3,250,752£3,270,129£3,305,662£3,317,005£3,330,144
Average employees 11222
Wages

Values shown as filed in iXBRL accounts. indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers

Audit & accounting basis

From AI-extracted PDF accounts

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Gravita II LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have prepared the accounts on the going concern basis as they continue to receive support from fellow group companies if required. Furthermore, the loan covenants were in also reset in July 2023 based on revised trading expectations. The Directors have at the time of approving the financial statements after taking into account the factors noted above concluded that the Company has adequate financial resources to continue in operational existence for the foreseeable future. For this reason, the Directors continue to adopt the going concern basis.”

Subsidiaries

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers

People

1 active · 5 resigned

Name Role Appointed Born Nationality
PRESTON, Kelly Director 2024-03-05 Sep 1976 British
Show 5 resigned officers
Name Role Appointed Resigned
SPINKS, Paul Secretary 2016-03-16 2024-03-05
BRADSHAW, Patrick Julian Director 2016-03-16 2019-05-12
PIPER, Richard Gary Director 2017-09-21 2019-05-12
SPINKS, Paul James Director 2016-03-16 2024-03-05
WEATHERSTONE, Andrew Paul Director 2021-09-30 2025-11-30

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
118 Group Investments Ltd Corporate entity Shares 75–100%, Voting 75–100% 2017-03-24 Active
Mr Paul James Spinks Individual Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2017-03-24
Mr Patrick Julian Bradshaw Individual Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2017-03-24

Filing timeline

Last 20 of 66 total filings

Date Type Category Description
2025-12-17 CS01 confirmation-statement confirmation statement with no updates
2025-12-01 TM01 officers termination director company with name termination date
2025-07-30 AA accounts accounts with accounts type full
2024-12-10 CS01 confirmation-statement confirmation statement with no updates
2024-06-24 AA accounts accounts with accounts type full
2024-03-26 MA incorporation memorandum articles
2024-03-26 RESOLUTIONS resolution resolution
2024-03-14 TM01 officers termination director company with name termination date
2024-03-14 TM02 officers termination secretary company with name termination date
2024-03-14 AP01 officers appoint person director company with name date
2023-12-05 CS01 confirmation-statement confirmation statement with no updates
2023-09-12 AA accounts accounts with accounts type full
2023-01-31 CS01 confirmation-statement confirmation statement with no updates
2022-09-30 AA accounts accounts with accounts type full
2021-12-08 CS01 confirmation-statement confirmation statement with no updates
2021-09-30 AP01 officers appoint person director company with name date
2021-09-29 AA accounts accounts with accounts type full
2021-02-08 CS01 confirmation-statement confirmation statement with no updates
2020-12-30 AA accounts accounts with accounts type full
2019-12-05 CS01 confirmation-statement confirmation statement with no updates

Credit score

Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage

Credit score requires total assets, retained earnings proxy, book equity — not present in the latest extracted accounts.

Activity Score

Filings velocity, capital events, officer churn, accounts trajectory

Activity Score not yet computed for this company.

Official Companies House page