UK Companies House feature
PEOPLE GROUP OPERATIONS LIMITED
Cash
£1K
-42.9% vs 2022
Net assets
-£128K
+4.4% vs 2022
Employees
3,343
+25.3% vs 2022
Profit before tax
—
Period ending 2023-03-31
Profile
- Company number
- 11205253
- Status
- Active
- Incorporation
- 2018-02-14
- Last accounts made up
- 2025-03-31
- Account category
- GROUP
- Primary SIC
- 62090
Net assets
7-year trend · vs UK AI & Enterprise SaaS median
Accounts
7-year trend · latest 2023-03-31
| Metric | Trend | 2019-04-01 | 2020-03-31 | 2020-04-01 | 2021-03-31 | 2021-04-01 | 2022-03-31 | 2023-03-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | — | |
| Net profit | — | -£36,912 | — | £5,967 | — | £5,964 | £5,891 | |
| Cash | — | £654 | — | £2,621 | — | £2,585 | £1,476 | |
| Total assets less current liabilities | — | -£145,436 | — | -£139,469 | — | -£133,505 | -£127,614 | |
| Net assets | — | -£145,436 | — | -£139,469 | — | -£133,505 | -£127,614 | |
| Equity | -£108,524 | -£145,436 | -£145,436 | -£139,469 | -£139,469 | -£133,505 | -£127,614 | |
| Average employees | — | 0 | — | 0 | — | 2,667 | 3,343 | |
| 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
- Consolidated (group)
- Auditor
- Bishop Fleming Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“During the year ended 31 March 2025 the Group made a loss before tax of £88,153 (2024: loss of £111,984) and as at 31 March 2025 had net liabilities of £403,307 (2024: net liabilities of £295,318). Since the year-end, the Group has traded well and is on target to deliver at indicated performance levels. The Company continues to be reliant on the ongoing support of its fellow group companies, and in turn its funders and shareholders. Having regard to the financial statements contained herein the Directors have considered the financial position of the Company and performance post year-end. Management have prepared cashflow forecasts, as well as budgeted trading and profit & loss figures which have been prudently prepared. These forecasts demonstrate that the Group will retain an ability to successfully manage cash flows and discharge all liabilties as they fall due, for a minimum period of at least 12 months from signing of these financial statements. Whilst the Directors do not anticipate any need for further funding, if any funding was required the Director is confident any requirements for additional funding will be met by the support from the Shareholder and the Group's funders. In addition to the above, People Group Operations Limited and its fellow Group companies have entered into a legally binding agreement whereby each Group company agrees to financially support and not withdraw funding to fellow Group companies. This confirms support to all Group companies such that intercompany balances cannot be withdrawn and funding will be provided to support the going concern basis of accounting of each company, as as the Group as a whole. In addition, management have obtained a letter of support from the ultimate controlling party, Terence Hillier, to provide additional appropriate financial support should it be required. As such the Directors consider it appropriate to prepare the accounts on the going concern basis.”
Subsidiaries
- People Group Services Limited · 100% held · UK
- People Engage Limited · 100% held · UK
- People MDSC Limited · 100% held · UK
- People Complete Limited · 100% held · UK
- People Umbrella Limited · 100% held · UK
- People PAYE Limited · 100% held · UK
- People PSC Limited · 100% held · UK
- People CIS Limited · 100% held · UK
- People Payments Limited · 100% held · UK
Significant events
- “The reduction in turnover in comparison to the prior year, is predominantly due to an acquisition of a large client by a third party.”
- “During the year the Group paid management fees amounting to £405,900 (2024: £327,418) and made sales totalling £21,587 (2024: £nil) to TWH Holdings Limited, a company in which T Hillier has a controlling interest.”
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
3 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HILLIER, Michael Roger | Director | 2018-04-12 | Jun 1969 | British |
| HILLIER, Terence Wesley | Director | 2019-06-17 | Oct 1971 | British |
| NUGENT, Derren | Director | 2022-12-22 | Jul 1972 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HARVEY, Samantha-Jayne | Secretary | 2019-08-22 | 2019-10-23 |
| CLARKE, Mark | Director | 2018-04-12 | 2019-06-17 |
| HUGHES, David | Director | 2018-02-14 | 2019-06-17 |
| KENNEDY, Jason Christopher | Director | 2019-06-17 | 2019-07-25 |
| MEDCALF, Jason Bruce | Director | 2022-12-22 | 2024-05-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Terence Wesley Hillier | Individual | Shares 75–100% | 2019-07-25 | Active |
| Valyrian Limited | Corporate entity | Shares 75–100% | 2018-03-19 | Ceased 2019-07-25 |
| Mr David Hughes | Individual | Appoints directors | 2018-02-14 | Ceased 2018-03-19 |
Filing timeline
Last 20 of 40 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-12-29 | AA | accounts | accounts with accounts type group |
| 2025-07-28 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-11-08 | AA | accounts | accounts with accounts type group |
| 2024-07-29 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-05-07 | TM01 | officers | termination director company with name termination date |
| 2023-08-07 | AA | accounts | accounts with accounts type group |
| 2023-07-31 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-12-22 | AP01 | officers | appoint person director company with name date |
| 2022-12-22 | AP01 | officers | appoint person director company with name date |
| 2022-11-14 | AA | accounts | accounts with accounts type group |
| 2022-07-27 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-03-24 | AA | accounts | accounts with accounts type group |
| 2021-12-02 | AD01 | address | change registered office address company with date old address new address |
| 2021-08-06 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-04-17 | AA | accounts | accounts with accounts type group |
| 2020-11-25 | DISS40 | gazette | gazette filings brought up to date |
| 2020-11-24 | GAZ1 | gazette | gazette notice compulsory |
| 2020-11-18 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-01-02 | AA | accounts | accounts with accounts type small |
| 2019-10-23 | TM02 | officers | termination secretary company with name termination date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory