How much does Union Technical Services Ltd make?

Union Technical Services Ltd reported revenue of £38.9m and £5.6m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Union Technical Services Ltd have?

Union Technical Services Ltd reported an average of 106 employees in the year to 31 Dec 2024.

Is Union Technical Services Ltd profitable?

Yes — Union Technical Services Ltd reported a profit of £5.6m in the year to 31 Dec 2024.

Company No. SC493115 · Incorporated 10 Dec 2014

Union Technical Services Ltd

Registered name: UNION TECHNICAL SERVICES LTD

Part of Union Technical Holdings Ltd group

Union Technical Services Ltd made £38.9m revenue and £5.6m profit in the year to 31 Dec 2024. read from filing text

Union Technical Services Ltd’s revenue grew 76% to £38.9m in the year to 31 Dec 2024, with £5.6m profit and 106 employees. The company is classified under “other specialised construction activities” and is based in Glasgow; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43999Other specialised construction activities n.e.c.

Status: Active
Location: Glasgow, Scotland
Age: 11 yrs · since 2014
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's immediate”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightOperating leverageBoring industry

Revenue

£38.9m

Growth ▲75.9%

Profit

£5.6m

Growth ▲162.2%

Profit margin

14.4%

Gross 33.4%

Employees

106

Change ▲32.5%

Profit / employee

£52.8k

Revenue/employee £367k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	No P&L	Full P&L	Full P&L	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	£6.5m	£22.1m	£38.9m
Cost of sales	—	£6.2m	£17.5m	£25.9m
Gross profit	—	£313k	£4.6m	£13m
Operating profit	—	−£974k	£2.7m	£7.5m
Profit before tax	—	−£1m	£2.6m	£7.3m
Profit after tax	—	−£932k	£2.1m	£5.6m
Profit (best available)	—	−£932k	£2.1m	£5.6m
Staff costs	—	—	£6.5m	£6m
Employees (average)	-44	-72	80	106
Ratios
Profit margin	—	−14.3%	9.7%	14.4%
Gross margin	—	4.8%	21%	33.4%
Revenue per employee	—	−£90.7k	£276k	£367k
Profit per employee	—	£12.9k	£26.7k	£52.8k
Cash conversion	—	—	−59.3%	—
Growth (year on year)
Revenue growth	—	—	▲238.5%	▲75.9%
Profit growth	—	—	—	▲162.2%
Headcount growth	—	—	—	▲32.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£139k	£151k	£706k	£2m
Net assets	£2.4m	£975k	£2.6m	£7.5m
Fixed assets	£470k	£438k	£591k	£1.4m
Current assets	£3.7m	£2.9m	£6m	£16.6m
Debtors	£237k	£409k	£411k	£1.2m
Deferred income	—	£0	£205k	£727k
Cash from operations	—	−£399k	−£1.6m	—
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 14.4%; Profit ÷ revenue.
Gross margin: 33.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £367k; Revenue ÷ average employees.
Profit per employee: £52.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3.2%; 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: ▲192%; Now £7.5m
Cash at bank: ▲186%; Now £2m
Headcount: ▲33%; Now 106
Deferred income: ▲254%; Now £727k
Fixed assets: ▲143%; Now £1.4m

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

Union Technical Holdings Ltdultimate parent75–100%
Union Technical Services Ltdthis company

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

Sister companies (5)

Loch Altan Guest House Stornoway LtdFigures not disclosed
Union Building Services LtdFigures not disclosed
Union Heating LtdFigures not disclosed
Union Installation LtdFigures not disclosed
Utm Services LtdFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £5.6m), from the Companies House accounts bulk data published Dec 2025. 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.