Utility Services (N.e.) Limited
Registered name: UTILITY SERVICES (N.E.) LIMITED
Part of The Map Group (UK) Employee Ownership Trustee Limited groupUtility Services (N.e.) Limited made £12.7m revenue and a £746k loss in the year to 30 Sep 2022.
Utility Services (N.e.) Limited’s revenue was £12.7m in the year to 30 Sep 2022, with a loss of £746k and 78 employees. The company is classified under “construction of other civil engineering projects” and is based in Stockton-on-Tees; we hold 3 years of its filed accounts.
- Status
- Liquidation
- Location
- Stockton-on-Tees
- Age
- 20 yrs · since 2005
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Jul 2020 | 30 Sep 2021 | 30 Sep 2022 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £16.8m | £16.9m | £12.7m |
| Cost of sales | £11.8m | £11.8m | £9m |
| Gross profit | £5m | £5m | £3.7m |
| Operating profit | £619k | −£556k | −£697k |
| Profit before tax | £593k | −£621k | −£727k |
| Profit after tax | £521k | −£575k | −£746k |
| Profit (best available) | £521k | −£575k | −£746k |
| Staff costs | £2.5m | £3.2m | £3m |
| Employees (average) | 75 | 78 | 78 |
| Ratios | |||
| Profit margin | 3.1% | −3.4% | −5.9% |
| Gross margin | 30% | 29.8% | 29.1% |
| Revenue per employee | £224k | £216k | £163k |
| Profit per employee | £6.9k | −£7.4k | −£9.6k |
| Cash conversion | −153% | — | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £543k | £93.3k | £261k |
| Net assets | £2.9m | £2.3m | £1.6m |
| Fixed assets | £1.5m | £1.2m | £1.1m |
| Current assets | £4.7m | £3.4m | £3.1m |
| Debtors | £302k | £415k | £244k |
| Deferred income | £442k | £228k | £468k |
| Cash from operations | −£946k | £424k | −£346k |
| Source | Accounts · bulk data Sep 2022 | Accounts · bulk data Sep 2022 | Accounts · bulk data Jun 2023 |
How the business works
- Profit margin
- −5.9%
- Profit ÷ revenue.
- Gross margin
- 29.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £163k
- Revenue ÷ average employees.
- Profit per employee
- −£9.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 8.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.9%
- 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
- —
- Now £1.6m
- Cash at bank
- —
- Now £261k
- Headcount
- —
- Now 78
- Deferred income
- —
- Now £468k
- Fixed assets
- —
- Now £1.1m
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
- The Map Group (UK) Employee Ownership Trustee Limitedultimate parent50–75%
- Map Group (UK) Limited75–100%
- Utility Services (N.e.) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Map Building Solutions LimitedFigures not disclosed
- Map Business Services LimitedFigures not disclosed
- Map Group LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Sep 2022 (profit −£746k), from the Companies House accounts bulk data published Jun 2023. Spotted an error? Request a correction.
Updated from Companies House on 24 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.