SERVTECH LIMITED
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Next accounts due
2026-05-31 (this month)
Last filed for 2024-08-31
Confirmation statement due
2027-02-01 (in 9mo)
Last made up 2026-01-18
Watchouts
None on the register
Cash
£515K
Latest balance sheet
Net assets
£8M
Equity attributable
Employees
66
Average over period
Profit before tax
£1M
Period ending 2024-08-31
Name history
Renamed 1 time since incorporation
- SERVTECH LIMITED 1985-06-26 → present
- ETTRINES LIMITED 1985-05-22 → 1985-06-26
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-08-31
| Metric | Trend | 2023-08-31 | 2024-08-31 |
|---|---|---|---|
| Turnover | £4,442,000 | £4,975,000 | |
| Operating profit | £1,376,000 | £1,133,000 | |
| Profit before tax | £2,036,000 | £1,215,000 | |
| Net profit | £1,711,000 | £919,000 | |
| Cash | £1,828,000 | £515,000 | |
| Total assets less current liabilities | £10,760,000 | £8,357,000 | |
| Net assets | £10,760,000 | £8,357,000 | |
| Equity | £10,760,000 | £8,357,000 | |
| Average employees | 78 | 66 | |
| Wages | £1,334,000 | £1,969,000 |
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 | 2023-08-31 | 2024-08-31 |
|---|---|---|---|
| Operating margin | 31.0% | 22.8% | |
| Net margin | 38.5% | 18.5% | |
| Return on capital employed | 12.8% | 13.6% | |
| Gearing (liabilities / total assets) | 44.3% | 48.6% | |
| Current ratio | 2.24x | 2.04x |
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
- Standalone (parent only)
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After reviewing the forecasts and projections, which cover the 12-month period from the date of signing the financial statements, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company has received confirmation from the ultimate parent Company of continued support for at least 12 months from the date of approval of these financial statements. Accordingly, the going concern basis continues to be applied in the preparation of these financial statements.”
Group structure
- SERVTECH LIMITED · parent
- Sparrows Services Australia Pty Ltd 100%
- Sparrows Holdings Australia Pty Ltd 100%
Significant events
- “2024 turnover decreased on extrapolated 2023 primarily due to declined growth in activity in the international Offshore Energy & Industrial Markets.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PINSENT MASONS SECRETARIAL LIMITED | Corporate Secretary | 2013-05-31 | — | — |
| ANDERSON, Nicola Pamela | Director | 2024-05-28 | Feb 1981 | British |
| BUCKHAM, David William | Director | 2023-05-17 | Sep 1971 | British |
| CORBIN, Matthew William John | Director | 2023-05-17 | Oct 1973 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WHITE, Philip | Secretary | 1995-10-17 | 2013-05-31 |
| ABERDEIN CONSIDINE & CO | Corporate Secretary | — | 1995-10-17 |
| BOWMAN, John | Director | 2009-07-01 | 2013-07-18 |
| BROWN, Christine | Director | 1991-06-04 | 2003-12-01 |
| BROWN, Walter | Director | — | 2014-04-07 |
| GLEN, Andrew Lundie | Director | 2013-05-31 | 2014-09-17 |
| JOHNSON, Neil Austin | Director | 2014-09-17 | 2023-05-17 |
| MITCHELL, Stewart Andrew Alan | Director | 2014-04-07 | 2023-05-17 |
| SEDGE, Douglas Alan | Director | 2013-05-31 | 2014-04-07 |
| WHITE, Kathleen Ann | Director | 1991-06-04 | 1992-06-19 |
| WHITE, Philip | Director | — | 2014-05-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hsbc Corporate Trustee Company (Uk) Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2016-04-06 |
| Sparrows Offshore International Group Ltd. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 140 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-03 | AA | accounts | Accounts with accounts type full | |
| 2025-01-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-16 | AA | accounts | Accounts with accounts type full | |
| 2024-01-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-05 | AA | accounts | Accounts with accounts type full | |
| 2023-06-07 | AA01 | accounts | Change account reference date company current shortened | |
| 2023-05-19 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-17 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-17 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-17 | AP01 | officers | Appoint person director company with name date | |
| 2023-02-01 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-01-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-23 | AA | accounts | Accounts with accounts type full | |
| 2022-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-23 | AA | accounts | Accounts with accounts type full | |
| 2021-02-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-02-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-01-13 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- 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 2024-08-31 vs 2023-08-31