125
Financial statements
OCU Group | Annual report and financial statements 2025
Strategic report
Governance
for the year ended 30 April 2025 Notes to the consolidated financial statements
22. Provisions for liabilities continued The balances are analysed as follows:
Company name
Company number
Principal activity
Andrews Associates Engineers Limited
13611375
Energy engineering services
2025 £000
Artemis Fibre Limited
15129999
Dormant company
Carmar Ltd
NI721652
Holding company
Current
10,950
F.K.S (UK) Limited Hydrovein Limited
06505321
Dormant company Dormant company
Non-current
2,489 13,439
11529153
InICT Ltd
11493597
Utility & energy services Utility & energy services
Claims: The provision represents the likely cost of open and potential future claims in process at the year end brought against the Group by clients. The provision estimate reflects the potential amount payable by the Group based on historical information and facts pertinent to the individual claim. Remedial provision: The provision represents the estimated cost of making good on construction contract deliverables. Deferred taxation: Deferred taxation as at 30 April 2024 was an asset, and as such, was included within debtors due within one year in the prior year comparative.
Integrum Power Engineering Ltd
10956687 12892252 14456198 14178206 14176503 06259041 06676076 09388526 09397606 09388527 14456200
Multivein Limited
Dormant company Dormant company Holding company Holding company
O’Connor Utilities Limited
Oat Bidco Limited
Oat Holdco Limited
OCU Academy Limited OCU Digital Limited OCU (Plant) Limited
Support services
Technology support services
23. Called up share capital
Plant & machinery hire
Nominal value £
OCU (Property Estates) Limited
Dormant company Dormant company Dormant company
2025 £000
2024 £000
OCU (Trenchless) Limited
Number
OCU Connect Limited
Allotted, issued and fully paid Ordinary shares
OCU Energy Services Limited
14456204
Holding company
11,135,406 111 The Company’s ordinary shares, which carry no right to fixed income, each carry the right to one vote at general meetings of the Company. 0.01 111 Share premium Consideration received for shares issues above their nominal value net of transaction costs. In the prior year, the Company undertook a statutory reduction of capital by reducing its share premium account by £10.0m using the solvency statement procedure permitted under sections 641(1) (a) and 642 to 644 CA 2006. 24. Group entities The following subsidiaries as well as the parent company (Oat Topco Limited) form the Group as at 30 April 2025. The basis of the subsidiaries within the Group is not defined by ownership but by control of the entity.
OCU Evolution Limited
14707171
Dormant company Holding company Holding company
OCU Group Limited
09307607 12598708 02347181 13296183
OCU Holdings Limited
OCU Hornbill Limited
Utility & energy services Utility & energy services
OCU Hornbill Group Limited
Insiris Limited
14707167
Dormant company
OCU Modus Limited
04444970
Utility & energy services Utility & energy services Utility & energy services
OCU Nettworx Limited
NI612801
OCU Northavon Group Limited
02516226
OCU Northavon Highways & Utilities Limited
10308794
Dormant company
OCU Northavon Holdings Limited
12961744
Holding company
OCU Northavon Infrastructure & Utilities Limited 14597544
Dormant company
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