Ucl Springfield Limited
Registered name: UCL SPRINGFIELD LIMITED
Part of Union Carriers Limited groupUcl Springfield Limited made £3.8m revenue and £6.2m profit in the year to 31 Dec 2023.
Ucl Springfield Limited’s revenue fell 71% to £3.8m in the year to 31 Dec 2023, with £6.2m profit and 0 employees. The company is classified under “other business support service activities” and is based in Wembley; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Wembley, London
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The Company is a wholly owned subsidiary of Union Carriers Limited ("UCL"). UCL is jointly owned by Solai Holdings Limited and Samilau Limited. There is not considered to be a single ultimate controll”
Key figures
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £13.1m | £3.8m |
| Cost of sales | £1.3m | £915k |
| Gross profit | £11.8m | £2.9m |
| Operating profit | £8.7m | £8m |
| Profit before tax | £8.4m | £6.2m |
| Profit after tax | £8.4m | £6.2m |
| Profit (best available) | £8.4m | £6.2m |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 63.9% | 164% |
| Gross margin | 90.4% | 75.8% |
| Growth (year on year) | ||
| Revenue growth | — | ▼71.1% |
| Profit growth | — | ▼25.9% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.1m | £22.9k |
| Net assets | £7.3m | −£30.4k |
| Fixed assets | £23.6m | £0 |
| Current assets | £3m | £1.1m |
| Debtors | £1.7m | £1.1m |
| Deferred income | £72.2k | £0 |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- 164%
- Profit ÷ revenue.
- Gross margin
- 75.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 27.8%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼100%
- Now −£30.4k
- Cash at bank
- ▼98%
- Now £22.9k
- Headcount
- —
- Now 0
- Deferred income
- ▼100%
- Now £0
- Fixed assets
- ▼100%
- Now £0
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Union Carriers Limitedultimate parent75–100%
- Ucl Springfield Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Ucl Aston LimitedActive - Proposal to Strike offRev. £3.2m · Profit £5.7m
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £6.2m), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.