FINNING SERVICES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-28 (in 10mo)
Last made up 2026-03-14
Watchouts
None on the register
Cash
£242K
+47.5% vs 2023
Net assets
£14M
+369.8% vs 2023
Employees
—
Average over period
Profit before tax
-£42K
+99% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | £1,627,981 | £822,532 | |
| Profit before tax | -£4,204,963 | -£41,960 | |
| Net profit | -£2,947,196 | £118,013 | |
| Cash | £164,278 | £242,307 | |
| Total assets less current liabilities | £65,738,012 | £64,421,960 | |
| Net assets | -£5,346,053 | £14,421,960 | |
| Equity | -£5,346,053 | £14,421,960 | |
| Average employees | — | — | |
| Wages | — | — |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Return on capital employed | 2.5% | 1.3% | |
| Current ratio | 0.29x | 0.27x | |
| Interest cover | 0.25x | 0.11x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Kreston Reeves Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors' use of the going concern basis of accounting is appropriate. The auditor has 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 at least twelve months from when the financial statements are authorised for issue.”
Group structure
- FINNING SERVICES LIMITED · parent
- Hydraquip Hose & Hydraulics Limited 100%
- Hoses Direct Limited 100%
Significant events
- “The company continues to seek further strategic acquisitions to extend their geographical footprint and widen engineering capability.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HOGG, Mark Stephen | Director | 2022-03-15 | Jun 1974 | British |
| MEGARRELL, Gary Samuel | Director | 2024-12-31 | Oct 1976 | Irish |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FERWERDA, Tim Arne | Director | 2022-03-15 | 2024-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Finning Holdings | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-03-15 | Active |
Filing timeline
Last 14 of 14 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-17 | AA | accounts | Accounts with accounts type full | |
| 2025-04-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-23 | SH01 | capital | Capital allotment shares | |
| 2024-10-04 | AA | accounts | Accounts with accounts type full | |
| 2024-09-27 | SH01 | capital | Capital allotment shares | |
| 2024-05-07 | SH01 | capital | Capital allotment shares | |
| 2024-04-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-12 | AA | accounts | Accounts with accounts type full | |
| 2023-04-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-19 | AA01 | accounts | Change account reference date company current shortened | |
| 2022-03-15 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 3
- 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
—
Not reported
-
Cash
+47.5%
£164,278 £242,307
-
Net assets
+369.8%
-£5,346,053 £14,421,960
-
Employees
—
Not reported
-
Operating profit
-49.5%
£1,627,981 £822,532
-
Profit before tax
+99%
-£4,204,963 -£41,960
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