Excellerate Services UK Limited

General cleaning of buildings · London

ActiveUnited KingdomIncorporated 1992Private Limited Company

Financial position

Accounts to 2025-06-30 · GBP · Company accounts

Net assets

—

Cash

£2,705,715

Turnover

£73,346,765

Profit / loss

—

Current assets

£32,537,367

Creditors < 1 year

—

Equity

−£3,291,557

Average employees

4,213

Balance-sheet trend

GBP · company

Financial statements

Selected figures from the best-ranked available filing for each period. Missing values remain unknown.

6 periods

Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts

Reported figures	2025-06-30Company · AI-read	2024-06-30Company · AI-read	2021-06-3012 months	2020-06-3012 months	2019-07-01	2019-06-309 months
Balance sheet
Net assets	—	—	£2,869,633	£2,539,644	—	—
Equity	−£3,291,557	−£3,128,087	£2,869,633	£2,539,644	£3,239,881	£3,239,881
Share capital	£14,927	£14,927	—	—	—	—
Retained earnings	−£3,306,484	−£3,143,014	—	—	—	—
Assets
Fixed assets	—	—	£9,919,629	£224,198	—	—
Intangible assets	—	£748,297	—	—	—	—
Property, plant & equipment	£1,626,709	£1,671,692	£164,040	£224,198	—	£128,882
Investments	£40,558,446	£56,688,003	—	—	—	—
Current assets	£32,537,367	£17,404,406	£6,513,453	£6,925,355	—	£6,708,699
Cash at bank	£2,705,715	£2,103,213	£161,501	£1,835,607	—	£1,013,064
Debtors	—	—	£6,351,603	£5,040,453	—	£5,624,029
Stock	£227,421	—	£349	£49,295	—	£71,606
Liabilities
Creditors within one year	—	—	£13,563,449	£4,609,909	—	—
Creditors after one year	—	£37,861,082	—	—	—	—
Pension scheme surplus / deficit	−£79,433	—	—	—	—	—
Net current assets	—	—	−£7,049,996	£2,315,446	—	£3,110,999
Assets less current liabilities	—	—	£2,869,633	£2,539,644	—	£3,239,881
Profit & loss
Turnover	£73,346,765	£30,050,104	£26,778,491	£23,614,890	—	£19,117,439
Gross profit	—	—	£4,236,450	£2,415,921	—	£3,254,769
Operating profit	—	—	£679,115	−£857,122	—	£314,867
Profit before tax	—	—	£554,130	−£856,098	—	£314,600
Profit / loss	—	—	£329,989	−£700,237	—	£239,862
Operating costs
Depreciation	£1,023,980	£779,919	—	—	—	—
Amortisation	£91,245	£67,929	—	—	—	—
Audit fees	£222,908	£95,395	—	—	—	—
Cash flow
Net debt	£74,674,832	£71,233,463	—	—	—	—
People & pay
Average employees	4,213	1,635	1,579	1,577	—	1,678
Staff costs	£58,569,547	£23,691,538	—	—	—	—
Directors' remuneration	£584,242	£315,833	—	—	—	—
Highest paid director	£302,313	£264,833	—	—	—	—
Source evidence	View filing	View filing	View filing	View filing	View filing	View filing

From the accounts

What the accounts for 2025-06-30 say about themselves, read by AI from the scanned filing.

Principal activity: The principal activity of the Company was that of the provision of cleaning and support services.
What it does: cleaning services · support services · property services · equipment and consumables · technology solutions (AI keywords)
The year: The results of the Company for the year, as set out on page 16, show a EBITDA of £4,696,480 (2024: £1,351,699) and a loss before taxation of £73,017 (2024: £3,353,502).
Outlook: In addition to driving efficiencies and improving service delivery, the Company will actively explore selective acquisition opportunities that align with its values and long-term objectives.
Auditor: Forvis Mazars LLP
Audit opinion: Clean (unmodified)
Immediate parent: Excellerate Services Holdings UK Limited · England and Wales
Ultimate parent: Excellerate Holdings Limited · South Africa
Accounts: Full accounts · IFRS
Approved: 2026-07-07, signed by CJ Phipps

Subsidiaries (5)

Premium Support Services Limited
G.S. Associates (Scotland) Limited
MDGD Property UK Limited
CCM Holdings Limited
Excellerate UK Services Limited

Turnover by segment (6)

United Kingdom: 73,346,765 (2025-06-30)
Rendering of services - property services: 72,567,245 (2025-06-30)
Sale of goods - equipment and consumables: 779,520 (2025-06-30)
United Kingdom: 30,050,104 (2024-06-30)
Rendering of services- property services: 29,092,387 (2024-06-30)
Sale of goods - equipment and consumables: 957,717 (2024-06-30)

Related parties (5)

Excellerate Holdings (Pvt) Limited · group company · Loan account owing by related party · (8,117,331)
Excellerate Services Holdings UK Limited · holding company · Loan account owing by related party · 7,642,727
Excellerate UK Services Limited · fellow subsidiary · Payroll recoveries · 11,148,628
Premium Support Services Limited · subsidiary · Payroll recoveries · 26,860,535
G.S. Associates (Scotland) Limited · subsidiary · Payroll recoveries · 6,856,017

Associates & joint ventures (2)

G.S. Associates (Scotland) Limited · associate
Veridian Data Solutions UK Limited · joint venture

Directors' report (4)

GG Hulley
CJ Phipps
HM Soning
JA Venter

Principal risks (7)

Economic uncertainty
Employer's National Insurance contributions
National Minimum Wage and National Living Wage
General economic environment
Inflation
United States Tariff Changes
Company’s Net Debt Position

Events after the year end (2)

Subsequent to the year end, agreement was reached with key clients to novate their service contracts from the Company's subsidiary, Premium Support Services Limited, to the Company. The impact of this will be to increase the revenue in the Company in the following financial year and a corresponding reduction in the revenue of the subsidiary.
Subsequent to the year end, the Company has negotiated additional funding facilities with its bankers. The revolving credit facility limited has been increase to £12.5m, and a new debtor finance facility with ABSA has been introduced. A new asset finance facility with Aldermore Bank has been approved for £4m.