WINGNUT UTILITIES LIMITED
Company number 03368473 · Monitor this company
Executive summary
Wingnut Utilities Limited merits a conditional credit approval based on its exceptionally strong balance sheet with £9.8M in equity, £8.3M in cash reserves, and negligible leverage (debt-to-equity of 0.18:1). However, the 20% revenue decline and 59% operating profit fall in FY2025, combined with first-year audit qualifications on comparatives, necessitate ongoing monitoring of trading performance and margin recovery. The company's substantial liquidity buffer provides significant headroom against adverse scenarios, but the strategic direction for cash deployment and revenue stabilisation requires clarification.
Shareholders' funds
£9,834,523
Balance sheet as at 2025-03-31
What it does
The principal activity of the company continued to be that of the provision of groundwork in respect of underground cabling.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1997-05-09
- Employees
- 49 (2025 accounts · was 42 in 2024)
- Registered office
- 7-9 Station Road, Hesketh Bank, Preston, England, PR4 6SN
- Postcode
- PR4 6SN
- Capital
- 100 GBP
- Accounts category
- Full
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2025-03-31
- Next due by
- 2027-06-30
- Financial year end
- 30 September
Confirmation statement
- Last statement dated
- 2026-04-17
- Next due by
- 2027-05-01
Nature of business (SIC)
- 61900 Other telecommunications activities
- 71200 Technical testing and analysis
- 96090 Other service activities not elsewhere classified
Officers 4 current · 8 resigned
Data protection registration
Registered with the ICO as a data protection fee payer — ZA934012 (Tier 2), registered since 2021.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous company names
| Name | Date changed |
|---|---|
| WINGNUT LIMITED | 2013-10-22 |
Previous registered addresses 4
| Address | Changed on |
|---|---|
| 9 VICTORIA ROAD, FULWOOD, PRESTON, LANCASHIRE, PR2 8ND | 2010-03-16 |
| TOMLINSON ROAD, LEYLAND, PRESTON, LANCASHIRE PR25 2DY | 2007-12-17 |
| 57 HOWICK PARK DRIVE, PENWORTHAM, PRESTON, PR1 0LU | 2001-10-11 |
| 14 WHITEBEAM CLOSE, PENWORTHAM, PRESTON, PR1 0SE | 1999-03-31 |
Among its peers
Top 10%
by shareholders' funds, of 39 similar companies in PR
3rd largest employer among its local peers (49 staff).
Among the oldest 25% of its local peers, trading since 1997.
No.2 of the largest other telecommunications activities companies in Preston →
Competitors Preston
This company ranks 2 among other telecommunications activities in Preston.
The class of 1997
32%
of the 210 companies in this sector incorporated in 1997 are still active today; 64% have since been dissolved.
A fact about the year, not a forecast for this company.