KIER (NEWCASTLE) OPERATION LIMITED - Profile & Financials

Accounts Submitted 28 Jan 2025

Confirmation Statement Submitted 15 Apr 2025

Net assets £7.07M £6.68M 2024 year on year

Total assets £39.20M £7.28M 2024 year on year

Total Liabilities £32.13M £598.00K 2024 year on year

Charges 5

2 outstanding 3 satisfied

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Contact & Details

Contact

Update Details

Registered Address

2nd Floor Optimum House Clippers Quay Salford M50 3XP England

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2018–2024)

Cash in Bank

£2.02M

Increased by £519.00k (+35%)

Net Assets

£7.07M

Increased by £6.68M (+1713%)

Total Liabilities

£32.13M

Increased by £598.00k (+2%)

Turnover

£2.51M

Increased by £362.00k (+17%)

Employees

N/A

Debt Ratio

82%

Decreased by 17 (-17%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

3 active 7 resigned

Show resigned officers

						Status
Alexander Jonathan Carr	Director	British	England	44	12 Mar 2020	Active
Lee Howard	Director	British	England	44	8 Feb 2017	Active
Mark Ian Robinson	Director	British	England	49	8 Feb 2017	Active

Shareholders

Shareholders (1)


Magnetic Limited	100.0%	100	Ordinary	21 Feb 2018

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Magnetic Limited

United Kingdom

Active

Notified 8 Feb 2017

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

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Group Structure

MAGNETIC LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

KIER (NEWCASTLE) INVESTMENT LTD united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

KIER PROJECT INVESTMENT LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

KIER LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

KIER GROUP PLC united kingdom

KIER (NEWCASTLE) OPERATION LIMITED Current Company

Charges

2 outstanding 3 satisfied

Documents

Company Filings

Date	Category	Description	Document
15 Apr 2025	Confirmation Statement	Confirmation statement made on 2025-04-14 with no updates	View(3 pages)
28 Jan 2025	Other	Audit exemption statement of guarantee by parent company for period ending 30/06/24	View(3 pages)
28 Jan 2025	Other	Notice of agreement to exemption from audit of accounts for period ending 30/06/24	View(1 page)
28 Jan 2025	Accounts	Annual accounts filed	View(220 pages)
28 Jan 2025	Accounts	Annual accounts made up to 2024-06-30	View(16 pages)