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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-07-23 (in 2mo)

Last made up 2025-07-09

Watchouts

None on the register

Cash

£2M

+40.6% vs 2024

Net assets

£11M

+5% vs 2024

Employees

132

+22.2% vs 2024

Profit before tax

£502K

-14.2% vs 2024

Accounts

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

Metric Trend 2024-03-312025-03-31
Turnover £8,556,431£8,464,478
Operating profit £596,616£506,121
Profit before tax £585,149£502,328
Net profit £585,264£502,216
Cash £1,601,491£2,252,464
Total assets less current liabilities £10,143,383£10,665,891
Net assets £10,067,365£10,569,581
Equity £10,067,365£10,569,581
Average employees 108132
Wages £3,092,958£3,273,730

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 7.0%6.0%
Net margin 6.8%5.9%
Return on capital employed 5.9%4.7%
Gearing (liabilities / total assets) 13.3%13.1%
Current ratio 2.54x2.81x
Interest cover 52.03x133.44x

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
Consolidated group
Auditor
ASM (M) Ltd
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“the directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. Accordingly they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

  1. WORKSPACE (DRAPERSTOWN) LIMITED · parent
    1. Therm Tech Limited 100% · England & Wales · Heat recovery and pollution control
    2. Workspace (Enterprises) Limited 100% · Northern Ireland · Delivery of enterprise training programmes
    3. Homeseal (Energy Savings) Limited 100% · Northern Ireland · Heat recovery and pollution control
    4. MYM Recruitment Ltd 100% · Northern Ireland · Recruitment agency
    5. Network Personnel Ltd 100% · Northern Ireland · Employment and training services
    6. Business Results Limited 100% · Northern Ireland · Consultancy work

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

People

10 active · 20 resigned

Name Role Appointed Born Nationality
DONNELLY, Anne Secretary 2024-10-22
BRADLEY, Neil Patrick Director 2025-01-02 Sep 1982 Northern Irish
DONNELLY, Anne Director 2023-01-09 Jul 1968 Irish
KELLY, Caroline Director 2019-08-27 Apr 1965 Northern Irish
MAWHINNEY, Graham Director 1985-03-04 Aug 1951 British
MCGUIGAN, Brian Director 2011-05-17 Jun 1958 Irish
MCKEOWN, William Hugh Director 1985-03-04 Mar 1944 Irish
MCSHANE, Patrick Director 1985-03-04 Jun 1950 Northern Irish
O'KANE, Laurence Gregory Director 2013-02-28 Nov 1960 British
TROLAN, Damien Director 2024-10-18 May 1977 Northern Irish
Show 20 resigned officers
Name Role Appointed Resigned
GAWNE, Robin Secretary 2009-03-03 2019-05-14
MCSHANE, Patrick Secretary 1985-03-04 2009-03-03
O'KANE, Diarmuid Secretary 2019-05-14 2024-10-22
CAULFIELD, Regina Director 1999-09-01 2013-02-28
GROOGAN, Patrick Eamon Director 1999-07-27 2010-08-31
HERON, Damian John Director 2013-02-28 2024-04-19
HOGG, John Francis Director 1985-03-04 2013-02-28
KELLY, Seamus J. Director 1985-03-04 1999-05-25
KILPATRICK, Patrick A. Director 1985-03-04 2000-07-25
LAGAN, Kathleen Ann Director 2000-07-25 2013-12-31
MC ALLISTER, Michael Joseph Director 1985-03-04 2016-05-27
MCCLOSKEY, Sammantha Louise Director 2010-04-27 2021-10-26
MCCOY, Catherine Mary Director 2014-02-20 2019-05-14
MCKENNA, Seamas Director 2017-04-25 2017-06-27
MONTGOMERY, Robert Alexander Director 1985-03-04 1999-07-25
MURRAY, Brian Director 1985-03-04 2009-03-03
O'KANE, Brian A Director 2006-12-14 2013-02-28
O'KANE, Brian A Director 1985-03-04 1999-05-25
O'KANE, Diarmuid Director 2019-05-14 2024-10-22
STUTT, Colin Director 1985-03-04 1999-08-24

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 194 total filings

Date Type Category Description
2026-01-02 AA accounts Accounts with accounts type group
2025-11-04 MR04 mortgage Mortgage satisfy charge full PDF
2025-11-04 MR04 mortgage Mortgage satisfy charge full PDF
2025-11-04 MR04 mortgage Mortgage satisfy charge full PDF
2025-11-04 MR04 mortgage Mortgage satisfy charge full PDF
2025-11-04 MR04 mortgage Mortgage satisfy charge full PDF
2025-11-04 MR04 mortgage Mortgage satisfy charge full PDF
2025-11-04 MR04 mortgage Mortgage satisfy charge full PDF
2025-11-04 MR04 mortgage Mortgage satisfy charge full PDF
2025-11-04 MR04 mortgage Mortgage satisfy charge full PDF
2025-07-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-08 AP01 officers Appoint person director company with name date PDF
2025-01-03 AA accounts Accounts with accounts type group
2024-10-23 TM02 officers Termination secretary company with name termination date PDF
2024-10-23 TM01 officers Termination director company with name termination date PDF
2024-10-23 AP03 officers Appoint person secretary company with name date PDF
2024-10-21 AP01 officers Appoint person director company with name date PDF
2024-07-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-05-07 TM01 officers Termination director company with name termination date PDF
2024-01-12 AA accounts Accounts with accounts type group

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
11

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