THE WISE GROUP

1. THE WISE GROUP 1987-04-01 → present
2. HEATWISE GLASGOW 1985-08-14 → 1987-04-01
3. HEATWISE GLASGOW LIMITED 1984-12-28 → 1985-08-14

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

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.

Accounting basis

FRS 102

Auditor

CT Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors believe, having reviewed detailed forecasts, that the enterprise is well placed to manage its business risks successfully despite the current economic position. The Directors have a reasonable expectation that the enterprise has adequate resources to continue in operational existence for at least twelve months from the signing of the financial statements. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements and do not consider there to be any material uncertainty.”

Group structure

1. THE WISE GROUP · parent
   1. St Giles Wise Ltd 0.5%

Significant events

• “Late in 2024, decision to exit Individual Training Account (ITA) activity due to funding changes.”
• “The referral period for Fair Start Scotland (FSS) service ended on 31 March 2024.”
• “Completed the twelfth and final year of delivery of New Routes, a national voluntary throughcare initiative.”
• “Completed our Engaging People on Probation programme with the Probation Service in England and Wales in January 2025.”
• “2024/25 represented a changing landscape for colleague numbers as services came to their natural end and colleagues left the enterprise.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -19%

  £23,568,385 → £19,099,861

• Cash

  -20%

  £9,399,076 → £7,518,454

• Net assets

  -9.3%

  £8,916,715 → £8,088,151

• Employees

  +7.4%

  365 → 392

• Operating profit

  -247.5%

  £751,343 → -£1,108,459

• Profit before tax

  -183.1%

  £996,487 → -£828,564

• Wages

  +14.5%

  £10,046,160 → £11,505,532

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