Openwork Holdings Limited
Activities of head offices · Swindon
ActiveUnited KingdomIncorporated 1999Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Group accounts
Net assets
£129,573,000
Cash
£94,646,000
Turnover
—
Profit / loss
—
Current assets
£168,389,000
Creditors < 1 year
£94,264,000
Equity
—
Average employees
Not available
Balance-sheet trend
GBP · consolidatedFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Group · AI-read | 2024-12-31Group · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £129,573,000 | £140,486,000 |
| Assets | ||
| Fixed assets | £152,998,000 | £125,150,000 |
| Current assets | £168,389,000 | £158,740,000 |
| Cash at bank | £94,646,000 | £102,978,000 |
| Debtors | £73,743,000 | £55,367,000 |
| Liabilities | ||
| Creditors within one year | £94,264,000 | £91,138,000 |
| Creditors after one year | £64,058,000 | £51,738,000 |
| Bank loans & overdrafts | £31,795,000 | — |
| Net current assets | £74,125,000 | £67,602,000 |
| Profit & loss | ||
| Interest receivable | £6,653,000 | £6,320,000 |
| Interest payable | £4,807,000 | £1,318,000 |
| Profit before tax | £16,881,000 | £14,714,000 |
| Tax | £4,317,000 | £7,845,000 |
| Operating costs | ||
| Depreciation | £1,131,000 | £1,186,000 |
| Amortisation | £7,084,000 | £7,386,000 |
| Audit fees | £195,000 | £59,000 |
| People & pay | ||
| Staff costs | £55,553,000 | £58,978,000 |
| Directors' remuneration | £2,814,000 | £2,337,000 |
| Highest paid director | £1,190,000 | £1,090,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- The Openwork Partnership LLP
- Ultimate parent
- The Openwork Partnership LLP
- Accounts
- IFRS
- Approved
- 2026-07-28, signed by R M Barker
Related parties (18)
- Openwork Services Limited - Lease receivable · Related party · Current receivable · 108 (000s)
- Openwork Services Limited - Lease receivable · Related party · Current receivable · 1,531 (000s)
- Openwork Limited · Related party · Current receivable · 42,250 (000s)
- Openwork Limited · Related party · Current receivable · 21,671 (000s)
- Openwork Independent Solutions Limited · Related party · Current receivable · 2 (000s)
- Openwork Independent Solutions Limited · Related party · Current receivable · 2 (000s)
- Employee Benefit Trust · Related party · Current receivable · 433 (000s)
- Employee Benefit Trust · Related party · Current receivable · 2 (000s)
- Openwork Access Limited · Related party · Current receivable · 8 (000s)
- Omnis Investments Limited · Related party · Current receivable · 194 (000s)
- 2 Plan Group Limited · Related party · Non-current receivable · 8,999 (000s)
- 2 Plan Group Limited · Related party · Non-current receivable · 8,456 (000s)
- Openwork Services Limited - Lease and dilapidation provision receivable · Related party · Non-current receivable · 295 (000s)
- Openwork Services Limited - Lease and dilapidation provision receivable · Related party · Non-current receivable · 2,489 (000s)
- Openwork Services Limited · Related party · Current payable · - (000s)
- Openwork Services Limited · Related party · Current payable · 4,842 (000s)
- Openwork Access Limited · Related party · Current payable · - (000s)
- Openwork Access Limited · Related party · Current payable · 1 (000s)
Events after the year end (5)
- On 28 January 2026 the Board declared a retained special dividend of £40.8225 per retained H2 and H3 share (39,849 shares); the special dividend totalling £1,629,127 was paid in cash on 5 February 2026.
- On 28 January 2026 the Board declared an A share dividend of £692,001 per A share (1 share); the dividend totalling £692,001 was paid in cash on 5 February 2026.
- On 22 April 2026, Milecross Financial Solutions Limited acquired Eureka Financial Solutions Ltd for estimated total consideration of £660,000.
- On 10 June 2026, Milecross Financial Solutions Limited acquired Appletree Financial Solutions Limited for estimated total consideration of £2,420,000.
- On 10 July 2026, Openwork Access Limited acquired Centrad Holdings Limited for estimated total consideration of £575,000.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesFloating · created 2025-05-21
—
OutstandingShow 1 satisfied / released
Shares · created 2011-03-31 · satisfied 2018-12-07
All monies
Satisfied