THE SWISS LAUNDRY,LIMITED
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Cash
£2.7M
-50.1% lowest in 3 filed years
Net assets
£14M
+5.1% highest in 3 filed years
Employees
299
-1% vs 2024
Profit before tax
£2.3M
-39.9% lowest in 3 filed years
Net assets
3-year trend · vs Real Estate median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-11-01
| Metric | Trend | 2023-10-28 | 2024-10-27 | 2025-11-01 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £24,688,019 | £20,304,318 | £21,594,760 | +6.4% | |
| Operating profit | £3,810,911 | £3,819,330 | £2,290,211 | -40% | |
| Profit before tax | £4,790,126 | £3,760,775 | £2,258,467 | -39.9% | |
| Net profit | £4,061,463 | £2,824,964 | £1,677,987 | -40.6% | |
| Cash | £5,011,734 | £5,353,250 | £2,673,607 | -50.1% | |
| Total assets less current liabilities | £16,698,908 | £18,336,475 | £18,043,410 | -1.6% | |
| Net assets | £13,638,899 | £13,778,108 | £14,485,782 | +5.1% | |
| Equity | £13,638,899 | £13,778,108 | £14,485,782 | +5.1% | |
| Average employees | 295 | 302 | 299 | -1% | |
| Wages | £9,974,419 | £8,330,333 | £8,818,275 | +5.9% | |
| Directors' remuneration | £784,068 | £725,557 | £393,643 | -45.7% |
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 | 2023-10-28 | 2024-10-27 | 2025-11-01 |
|---|---|---|---|---|
| Operating margin | 15.4% | 18.8% | 10.6% | |
| Net margin | 16.5% | 13.9% | 7.8% | |
| Return on capital employed | 22.8% | 20.8% | 12.7% | |
| Gearing (liabilities / total assets) | — | 43.1% | 35.3% | |
| Current ratio | 1.37x | 1.77x | 1.83x | |
| Interest cover | 11.59x | 18.80x | 18.98x |
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
- Consolidated group
- Auditor
- Streets Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- THE SWISS LAUNDRY,LIMITED · parent
- Swiss Linen Hire Services Limited 100%
- Scotsdale Laundry (Cambridge) Limited 100%
- Camplings Limited 100%
Significant events
- “Operating profit for the year was £2.3m (2024: £3.8m, which included £1.2m of one off proceeds from a legacy property sale). During the year, borrowings were reduced through repayment of debt, and the Group also acquired an adjacent trading property.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TURVILL, Mark Keith | Secretary | 2015-07-01 | — | — |
| MINETT, Lucy | Director | 2023-12-22 | Aug 1970 | British |
| MUTTITT, Douglas Mark | Director | 2021-06-17 | Jul 1976 | British |
| SAUNT, Craig | Director | 2023-12-22 | Apr 1964 | British |
| TURVILL, Guy James | Director | — | Jan 1963 | British |
| TURVILL, James Lawrence | Director | — | Jun 1964 | British |
| TURVILL, Mark Keith | Director | 1991-07-13 | Jan 1973 | British |
| TURVILL, Richard John | Director | — | Nov 1965 | British |
| TURVILL SMITH, Marina Stanley | Director | — | May 1940 | British |
| WATKINSON, John Dudley | Director | 2022-06-27 | Oct 1962 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| TURVILL, Guy James | Secretary | — | 1996-12-09 |
| TURVILL, Richard John | Secretary | 1996-12-09 | 2015-06-30 |
| CHARLTON, Robert | Director | — | 1997-05-31 |
| HAMMILL, William Stanley | Director | — | 2021-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Marina Stanley Turvill Smith | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 171 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-09-19 RESOLUTIONS Resolution
- 2024-09-19 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-06 | AA | accounts | Accounts with accounts type group | |
| 2026-03-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-04 | AA | accounts | Accounts with accounts type group | |
| 2025-03-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-19 | RESOLUTIONS | resolution | Resolution | |
| 2024-09-19 | MA | incorporation | Memorandum articles | |
| 2024-09-13 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-07-22 | AA | accounts | Accounts with accounts type group | |
| 2024-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-03-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-22 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-22 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-20 | AA01 | accounts | Change account reference date company current extended | |
| 2023-01-30 | AA | accounts | Accounts with accounts type group | |
| 2022-06-27 | AP01 | officers | Appoint person director company with name date | |
| 2022-03-21 | CH01 | officers | Change person director company with change date | |
| 2022-03-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-01-31 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.