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Company No. SC163066 · Incorporated 2 Feb 1996

Sureserve Compliance North Limited

Registered name: SURESERVE COMPLIANCE NORTH LIMITED

Part of Volt Topco (CP) Limited group

Sureserve Compliance North Limited made £28.8m revenue and £2.5m profit in the year to 31 Mar 2024. read from filing text

Sureserve Compliance North Limited’s revenue grew 8% to £28.8m in the year to 31 Mar 2024, with £2.5m profit and 204 employees. The company is classified under “other construction installation” and is based in Glasgow; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43290Other construction installation
Status
Active
Location
Glasgow, Scotland
Age
30 yrs · since 1996
Type
Private Limited Company

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 was wholly owned by Duality Group Limited, the ultimate parent undertaking as at 31 March 2024. Duality Group Limited is incorporated in England and Wales. Its registered office is Norfolk”

Latest accounts · year to 31 Mar 2024

Key figures

Capital-lightBoring industry
Revenue
£28.8m
Growth ▲7.8%
Profit
£2.5m
Growth ▲6.8%
Profit margin
8.6%
Gross 28.1%
Employees
204
Change ▲3%
Profit / employee
£12.1k
Revenue/employee £141k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202331 Mar 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£26.7m£28.8m
Cost of sales£20m£20.7m
Gross profit£6.7m£8.1m
Operating profit£2.6m£3.4m
Profit before tax£2.6m£3.3m
Profit after tax£2.3m£2.5m
Profit (best available)£2.3m£2.5m
Staff costs—£9.1m
Employees (average)198204
Ratios
Profit margin8.7%8.6%
Gross margin25.2%28.1%
Revenue per employee£135k£141k
Profit per employee£11.7k£12.1k
Growth (year on year)
Revenue growth—▲7.8%
Profit growth—▲6.8%
Headcount growth—▲3%
Balance sheet — indirect signals, not revenue
Cash at bank£3.7m£1.7m
Net assets£5.7m£8.2m
Fixed assets£1.2m£1.2m
Current assets£12m£14m
Debtors£2.7m£3.7m
Deferred income£465k£403k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024
Derived from the latest filing

How the business works

Profit margin
8.6%
Profit ÷ revenue.
Gross margin
28.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£141k
Revenue ÷ average employees.
Profit per employee
£12.1k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
4.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
13%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
▲43%
Now £8.2m
Cash at bank
▼54%
Now £1.7m
Headcount
▲3%
Now 204
Deferred income
▼13%
Now £403k
Fixed assets
▼1%
Now £1.2m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Volt Topco (CP) Limitedultimate parent75–100%
  2. Volt Holdco (CP) Limited75–100%
  3. Volt Midco (CP) Limited75–100%
  4. Sureserve Group Holdings Limited75–100%
  5. Sureserve Group Limited75–100%
  6. Sureserve Holdings Limited75–100%
  7. Sureserve Compliance Holdings Limited75–100%
  8. Sureserve Compliance North Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Sister companies (7)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £2.5m), 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.