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Cash

£33m

-12.8% vs 2025

Net assets

£171m

-18.6% vs 2025

Employees

1,307

-17.6% lowest in 4 filed years

Profit before tax

-£40m

-95.6% vs 2025

Accounts

4-year trend · Δ = latest vs prior filed period · latest reflected 2026-02-28

Metric Trend 2023-03-042024-03-022025-03-012026-02-28 Δ vs prior
Turnover £658,300,000£585,400,000£539,700,000£477,500,000 -11.5%
Operating profit -£64,000,000£20,700,000-£10,100,000-£24,300,000 -140.6%
Profit before tax -£76,100,000£6,800,000-£20,600,000-£40,300,000 -95.6%
Net profit -£56,300,000£3,500,000-£41,100,000-£40,300,000 +1.9%
Cash £13,100,000£45,700,000£37,600,000£32,800,000 -12.8%
Total assets less current liabilities £106,300,000£266,500,000£221,400,000£179,500,000 -18.9%
Net assets £106,100,000£254,800,000£209,700,000£170,700,000 -18.6%
Equity £106,100,000£254,800,000£209,700,000£170,700,000 -18.6%
Average employees 1,8561,7671,5861,307 -17.6%
Wages £61,300,000£63,200,000£58,500,000£50,800,000 -13.2%
Directors' remuneration £3,400,000£4,100,000£3,200,000£3,000,000 -6.3%
Directors' pension contributions £100,000£100,000£100,000— —
Highest paid director £600,000£1,000,000£1,100,000£1,400,000 +27.3%

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 2023-03-042024-03-022025-03-012026-02-28
Operating margin -9.7%3.5%-1.9%-5.1%
Net margin -8.6%0.6%-7.6%-8.4%
Return on capital employed -60.2%7.8%-4.6%-13.5%
Gearing (liabilities / total assets) 86.8%66.1%69.0%72.1%
Current ratio 0.91x1.20x1.22x1.15x
Interest cover -3.11x1.29x-0.69x-1.29x

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 101
Reporting scope
Standalone (parent only)
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis which the Directors consider to be appropriate for the following reasons. The Company is dependent on its ultimate parent company not seeking repayment of the amounts currently due to them together with any future interest payments”

Group structure

  1. J.D. WILLIAMS & COMPANY LIMITED · parent
    1. Aldrex Ltd 100% · United Kingdom
    2. Ambrose Wilson Ltd 100% · United Kingdom
    3. Better Living Ltd 100% · United Kingdom
    4. Bury Boot & Shoe Co (1953) Ltd (The) 100% · United Kingdom
    5. By Post Ltd 100% · United Kingdom
    6. Classic Combination Ltd 100% · United Kingdom
    7. Comfortably Yours Ltd 100% · United Kingdom
    8. Crescent Direct Ltd 100% · United Kingdom
    9. Cuss Contractors Ltd 100% · United Kingdom
    10. Dale House (Mail Order) Ltd 100% · United Kingdom
    11. E Langfield & Co. Ltd 100% · United Kingdom
    12. Fashion Ltd 100% · United Kingdom
    13. Figleaves Global Trading Limited 100% · United Kingdom
    14. First Financial Ltd 100% · United Kingdom
    15. Gray & Osbourn Ltd 100% · United Kingdom
    16. Halwins Ltd 100% · United Kingdom
    17. Hartingdon House Ltd 100% · United Kingdom
    18. Heather Valley (Woollens) Ltd 100% · United Kingdom
    19. Hilton Mailing Ltd 100% · United Kingdom
    20. House of Stirling (Direct Mail) Ltd 100% · United Kingdom
    21. J. D. Williams Merchandise Co Ltd 100% · United Kingdom
    22. JDW Finance Ltd 100% · United Kingdom
    23. JDW Trustees Ltd 100% · United Kingdom
    24. Langley House Ltd 100% · United Kingdom
    25. Mature Wisdom Ltd 100% · United Kingdom
    26. Melgold Ltd 100% · United Kingdom
    27. Odhams Leisure Group Ltd 100% · United Kingdom
    28. Oxendale & Co. Ltd (Eire Reg) 50% · Ireland
    29. Reliable Collections Ltd 100% · United Kingdom
    30. Sander & Kay Ltd 100% · United Kingdom
    31. Speciality Home Shopping (US) Ltd 100% · United Kingdom
    32. Speciality Home Shopping (US Marketing) LLC 100% · United States
    33. The Value Catalogue Limited 100% · United Kingdom
    34. T-Bra Limited 100% · United Kingdom
    35. Whitfords (Bury) Ltd 100% · United Kingdom
    36. Whitfords (Cosytred) Ltd 100% · United Kingdom
    37. Whitfords (Textiles) Ltd 100% · United Kingdom

Significant events

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

People

6 active · 53 resigned

Name Role Appointed Born Nationality
WELLS, Christian Henry Secretary 2022-08-15 — —
APPLETON, Dominic Director 2023-06-07 Apr 1972 British
JOY, Daniel Barry Director 2020-01-06 Dec 1972 British
LE MAY, Malcolm Director 2025-04-01 Jan 1958 British
PIRANIE, Ashraf Director 2025-05-26 Apr 1963 British
PRICE, Richard Director 2026-09-03 Oct 1965 British
Show 53 resigned officers
Name Role Appointed Resigned
BEAT, Stephanie Louise Secretary 2015-10-29 2016-06-24
CASEY, Theresa Secretary 2016-06-24 2021-10-29
MUSTARD, Michael William Secretary 2022-03-01 2022-08-15
TYNAN, Peter John Secretary — 2015-10-29
WELLS, Christian Secretary 2021-10-29 2022-03-01
ALLIANCE, Nigel Director 2012-12-20 2019-07-10
ALLIANCE, Nigel Director — 1995-08-31
ARMITAGE, Mark Adrian Director 2001-07-16 2004-03-22
BASNETT, Keith Director 1997-12-10 2004-03-22
BEVERIDGE, Iain Anderson Director 1994-05-17 1999-11-09
BULLAS, Michael Stuart Director 2002-11-01 2004-03-12
BURGIN, Judith Margaret Director 2001-01-01 2002-03-29
CARR, Ian Director 2011-09-13 2018-03-31
CHESHIRE, Mark Director 2007-08-13 2014-10-01
CLARK, Richard John Director 2017-05-02 2018-07-02
COOK, Gerald Director 1994-08-16 2003-01-24
CUNNINGHAM, Robert Michael Director 1994-06-06 1997-08-31
DA CRUZ MILLER, Nuno Miguel Director 2021-11-01 2023-10-31
FADIL, Alyson Tracey Director 2018-04-03 2023-10-31
FOGWILL, Jonathan Harry Cecil Director 2013-02-01 2015-03-07
GREEN, Graham Director 1997-08-18 2006-08-31
GREEN, Nigel Ferguson Director — 2000-09-01
GREENWOOD, Michael Irvine Director — 1994-05-17
HAYWOOD, Andrew Paul Director 2014-08-04 2018-03-30
HIGGINSON, Andrew Thomas Director 2012-08-07 2012-08-07
HINCHCLIFFE, John Director 2003-09-15 2012-01-31
IZZARD, Rachel Director 2020-04-06 2023-06-06
JOHNSON, Stephen Director 2016-02-25 2026-03-24
KENDRICK, Paul Robert Director 2008-02-25 2015-06-25
KOWALSKI, Timothy John Director 1999-05-14 2003-12-02
LEE, Angrew Stephen Director 2000-02-04 2003-08-31
LOVELACE, Craig Barry Director 2015-05-11 2020-06-28
MACFARLANE, Iain Sinclair Director — 1997-12-24
MARTIN, James Director — 2002-09-02
MASSINGHAM, Caroline Jane Director 2014-03-17 2016-12-31
MCGOWAN, Neil Angus Director 2008-05-12 2014-09-08
MOORE, Dean Roderick Director 2004-01-28 2015-04-30
MURPHY, Mark Antony Director 2019-06-03 2020-01-09
NELSON, Kenyatte Director 2019-06-03 2019-06-03
NELSON, Kenyatte Director 2019-06-03 2022-10-14
QUINN, Linda Elizabeth Director 2013-02-01 2015-12-31
RISK, Keith James Director 2003-09-22 2011-11-30
SHORT, Paul Newell Director 2004-07-27 2012-10-01
SPINDLER, Angela Lesley Director 2013-07-01 2018-09-30
STEER, Ann Director 2015-03-07 2019-01-25
TUCKER, Ralph Eric Director 2015-03-07 2020-01-31
WARNE, Adam John Director 2018-04-03 2021-10-01
WELSH, Sarah Victoria Director 2020-03-30 2023-10-31
WHITE, Alan Director 2002-09-02 2013-10-31
WHITE, Alan Director — 1999-05-14
WILLIAMS, Denis George Montgomery Director — 2007-01-05
WOOD, Timothy Peter Director 1994-04-26 1998-06-12
YATES, Robert David Director — 1996-05-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
J.D. Williams Group Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 270 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-05-27 MA Memorandum articles
  • 2025-04-16 RESOLUTIONS Resolution
Date Type Category Description
2026-09-23 AP01 officers Appoint person director company with name date PDF
2026-09-10 AA accounts Accounts with accounts type full
2026-08-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-08-19 AA01 accounts Change account reference date company previous extended PDF
2026-08-10 AA accounts Accounts with accounts type full
2026-08-04 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-07-30 RP01CS01 confirmation-statement Replacement filing of confirmation statement with made up date
2026-07-10 CH01 officers Change person director company with change date PDF
2026-05-21 AA01 accounts Change account reference date company current shortened PDF
2026-05-20 AA01 accounts Change account reference date company current extended PDF
2026-03-27 TM01 officers Termination director company with name termination date PDF
2026-02-23 AA01 accounts Change account reference date company previous shortened PDF
2025-08-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-02 RP04AP01 officers Second filing of director appointment with name PDF
2025-06-10 AP01 officers Appoint person director company with name date PDF
2025-05-27 MA incorporation Memorandum articles
2025-05-16 AP01 officers Appoint person director company with name date
2025-04-16 RESOLUTIONS resolution Resolution
2025-04-14 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-04-14 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
12

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

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

Official Companies House page