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TOWERS & CO.,LIMITED

#00058397 · Active · Incorporated 1898-07-28 (128y 3m) · Last filing 2026-10-07 (this month)
Consumer Discretionary · SIC 46320 · G Wholesale & Retail Trade; Repair of Motor Vehicles · Full accounts
Accounts due 2026-09-30 Overdue · Confirmation due 2026-11-12 (in 36 days) · 1 watchout

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Cash

£6k

0% vs 2023

Net assets

£10m

-3.9% vs 2023

Employees

71

-10.1% vs 2023

Profit before tax

-£398k

-126.1% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31 Δ vs prior
Turnover £45,775,000£45,010,000 -1.7%
Operating profit -£562,000£102,000 +118.1%
Profit before tax -£176,000-£398,000 -126.1%
Net profit -£158,000-£402,000 -154.4%
Cash £6,000£6,000 0%
Total assets less current liabilities £10,781,000£10,365,000 -3.9%
Net assets £10,781,000£10,365,000 -3.9%
Equity £10,781,000£10,365,000 -3.9%
Average employees 7971 -10.1%
Wages £3,090,000£3,072,000 -0.6%
Directors' remuneration £101,000£175,000 +73.3%
Directors' pension contributions £1,000£4,000 +300%

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 2023-12-312024-12-31
Operating margin -1.2%0.2%
Net margin -0.3%-0.9%
Return on capital employed -5.2%1.0%
Gearing (liabilities / total assets) 54.7%59.0%
Current ratio 1.32x1.26x
Interest cover -1.15x0.20x

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.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Alliotts LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have a reasonable expectation that the Company and the Group of which it is part have adequate resources to continue in operational existence for a minimum of 12 months from the date of signing the accounts. Therefore, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

  1. TOWERS & CO.,LIMITED · parent
    1. Rassau Seafood GmbH 100% · Germany · Seafood Distribution
    2. British and Overseas Meats Ltd · UK
    3. House of Hermanns (Growers) Ltd Kenton Packing Station Ltd · UK
    4. New Zealand Premier Lamb Importers Ltd · UK
    5. New Zealand Premier Meat Company Ltd · UK
    6. Premonit Ltd · UK
    7. Pyke Biggs Fairfax (Brighton) Ltd · UK
    8. Rowlands (Food Providers) Ltd · UK
    9. Superior Foods (Mexborough) Ltd · UK
    10. The Stockbreeders Meat Company Ltd · UK
    11. Towers & Co (Services) Ltd · UK
    12. Towers Barron Ltd · UK
    13. Towers Meats Ltd · UK
    14. Towers Thompson Ltd · UK
    15. Towers Thompson (Australia) Pty Ltd · Australia
    16. Towers Thompson Seafood Ltd · UK

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 14 resigned

Name Role Appointed Born Nationality
GODDARD, Terry George Director 1994-07-11 May 1957 British
THOMPSON, Alan Paul Director 2022-12-12 Aug 1949 British
THOMPSON, Nicola Director 2023-09-01 Aug 1978 British
Show 14 resigned officers
Name Role Appointed Resigned
DOLAN, Paul Secretary — 2014-06-27
BERRY, Derroll William Director 1997-01-01 2006-10-31
BRYDGES, Douglas George Director — 1995-12-31
BUSWELL, Michel Norman Director — 1994-12-31
CHURCHILL, Nicholas Mark Director — 1996-04-09
CLARK, Dennis Leslie Director 1995-05-16 2010-08-20
DOLAN, Paul Director 1997-01-01 2022-12-31
GRAY, David Director 1994-12-31 1997-09-25
HAZELL, Allen Douglas Director 1993-09-01 1994-12-31
KING, Andrew Stephen Director 1949-11-22 1994-12-31
ROSE, Trevor George Director 1996-01-01 1998-02-02
THOMPSON, Alan Paul Director — 2014-06-30
WILLIAMS, Alan John Director — 1994-07-19
WILLIAMS, Brian William Director — 1994-07-11

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Towers Thompson Holdings Ltd Corporate entity Shares 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 184 total filings

Date Type Category Description
2025-11-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-04 AA accounts Accounts with accounts type full
2024-11-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-28 AA accounts Accounts with accounts type full
2023-11-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-07 AA accounts Accounts with accounts type full
2023-09-04 AP01 officers Appoint person director company with name date PDF
2023-01-05 TM01 officers Termination director company with name termination date PDF
2022-12-14 AP01 officers Appoint person director company with name date PDF
2022-10-31 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-08-16 AA accounts Accounts with accounts type full
2021-10-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-07-07 AA accounts Accounts with accounts type full
2020-12-18 AA accounts Accounts with accounts type full
2020-10-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-10-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-09-18 AA accounts Accounts with accounts type full
2018-10-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2018-08-14 AA accounts Accounts with accounts type full
2017-10-31 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page