JOHN SMEDLEY LIMITED
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Cash
£2.6m
-29.5% vs 2024
Net assets
£13m
-3.7% vs 2024
Employees
282
-3.1% vs 2024
Profit before tax
-£720k
-366.7% vs 2024
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £17,729,000 | £16,802,000 | -5.2% | |
| Operating profit | -£71,000 | -£1,175,000 | -1,554.9% | |
| Profit before tax | £270,000 | -£720,000 | -366.7% | |
| Net profit | £25,000 | -£595,000 | -2,480% | |
| Cash | £3,696,000 | £2,605,000 | -29.5% | |
| Total assets less current liabilities | £14,394,000 | £14,366,000 | -0.2% | |
| Net assets | £13,302,000 | £12,810,000 | -3.7% | |
| Equity | £13,302,000 | £12,810,000 | -3.7% | |
| Average employees | 291 | 282 | -3.1% | |
| Wages | £7,127,000 | £7,264,000 | +1.9% | |
| Directors' remuneration | £520,000 | £563,000 | +8.3% | |
| Directors' pension contributions | £50,000 | £56,000 | +12% | |
| Highest paid director | £106,000 | £105,000 | -0.9% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -0.4% | -7.0% | |
| Net margin | 0.1% | -3.5% | |
| Return on capital employed | -0.5% | -8.2% | |
| Gearing (liabilities / total assets) | 17.6% | 18.7% | |
| Current ratio | 6.22x | 6.79x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- JOHN SMEDLEY LIMITED 2009-06-27 → present
- JOHN SMEDLEY,LIMITED 1893-11-28 → 2009-06-27
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on our high cash position and cash forecast, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt a going concern basis of accounting in preparing the financial statements.”
Significant events
- “This was a particularly difficult year for the Company, with three factors combining negatively to impact our Sales and costs: The long tail effect of a period of high inflation and peaking interest rates in several of our most valuable markets caused consumers to prioritise necessary spend over discretionary spend, with a knock on effect into our wholesale business. A much weaker Japanese Yen forced additional price increases in that important export market, weakened our distributor's buying power, and led to a decline in the forward order book across both seasons. A UK Government budget in October 2024 hit sentiment our manufacturing and retail sectors very hard with the very significant increases in employers NI, the National Living Wage and business rates.”
- “We responded to these challenges by: 1. Increasing our prices, which we had not done for the previous three seasons. 2. Restructuring the business with redundancies. 3. Reducing the size of the range, which in turn will reduce stock risk. 4. Pausing investments.”
- “We have completed the project to replace our Wash and Dye House, based on our Lea Mills site. This utilises the best equipment currently available and significantly reduces our energy usage even further.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HOPE, Jeremy | Secretary | 2010-07-26 | — | — |
| HOPE, Jeremy | Director | 2010-07-26 | Mar 1963 | English |
| JENKINS, Philippa Heather | Director | 2023-06-22 | Jun 1988 | British |
| LEACH, William John Philip | Director | 2018-05-25 | May 1967 | British |
| MACLEAN, Ian Lowry Cole | Director | 2001-11-01 | Oct 1967 | British,American |
| MARSDEN-SMEDLEY, Robert Andrew Huntsman | Director | 2015-05-21 | Jan 1962 | British |
| MCGUIRE-DUDLEY, Jess | Director | 2016-03-22 | Mar 1985 | British |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRITT, Graham William | Secretary | — | 2003-04-11 |
| GRANT, Paul Mark | Secretary | 2009-11-24 | 2010-07-26 |
| HAYES, Michelle Rose | Secretary | 2003-04-11 | 2009-11-24 |
| BRITT, Graham William | Director | — | 2003-04-11 |
| BUCKLEY, John | Director | — | 1994-05-17 |
| CAUGHEY, Andrew John | Director | 2008-06-16 | 2010-09-27 |
| DAY, John | Director | 2006-09-20 | 2010-11-25 |
| HAYES, Michelle Rose | Director | 2003-04-11 | 2010-04-19 |
| HEYWOOD, Derek | Director | 2007-05-09 | 2012-04-30 |
| IRVING, John Guy | Director | 2007-05-09 | 2018-04-30 |
| JACKSON, Bryan | Director | 2014-11-20 | 2025-04-01 |
| LANGFORD, Anthony Edward | Director | 2003-09-15 | 2011-05-30 |
| LANGFORD, Anthony Edward | Director | — | 1998-02-16 |
| MACLEAN, John Futvoye | Director | — | 2010-05-20 |
| MACLEAN, Lowry Druce | Director | — | 2003-11-01 |
| MARSDEN-SMEDLEY, Charles | Director | 2010-02-25 | 2014-09-09 |
| MCGRAW, Alan | Director | — | 1994-10-31 |
| O'HANLON, Mick | Director | 2016-03-22 | 2018-07-02 |
| OGLEY, John | Director | — | 2007-05-28 |
| PALMER, Richard William David | Director | 1997-11-01 | 2006-04-28 |
| POLKEY, Frederick | Director | — | 1994-07-31 |
| ROBINSON, Graham Hugh | Director | — | 1994-09-29 |
| STUBBS, Dawne Alison | Director | 2008-04-23 | 2011-06-30 |
| TUNNICLIFFE, Jamie Thomas | Director | 2010-11-25 | 2015-01-30 |
| WALKER, Andrew | Director | 1994-07-14 | 2007-12-22 |
| WILSON, Frank Robert | Director | 1998-02-16 | 2002-07-31 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 169 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-09 | AA | accounts | Accounts with accounts type full | |
| 2025-05-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-05-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-14 | AA | accounts | Accounts with accounts type full | |
| 2024-06-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-23 | AA | accounts | Accounts with accounts type full | |
| 2023-06-29 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-11 | AA | accounts | Accounts with accounts type full | |
| 2022-05-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-10-08 | AA | accounts | Accounts with accounts type full | |
| 2021-05-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-12-16 | AA | accounts | Accounts with accounts type full | |
| 2020-05-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2019-07-18 | AA | accounts | Accounts with accounts type full | |
| 2019-07-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2018-07-02 | TM01 | officers | Termination director company with name termination date | |
| 2018-06-13 | AA | accounts | Accounts with accounts type full | |
| 2018-06-07 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.