WILLIAM HUGHES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-07 (in 2mo)
Last made up 2025-06-23
Watchouts
None on the register
Cash
£625K
Latest balance sheet
Net assets
£2M
Equity attributable
Employees
113
Average over period
Profit before tax
-£58K
Period ending 2024-12-31
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-01-01 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £11,640,180 | — | £10,284,393 | |
| Operating profit | — | — | — | £708,391 | — | -£22,482 | |
| Profit before tax | — | — | — | £651,303 | — | -£58,256 | |
| Net profit | — | — | — | £489,519 | — | -£58,738 | |
| Cash | — | -£122,468 | -£707,438 | £621,441 | — | £625,389 | |
| Total assets less current liabilities | — | — | — | £2,264,574 | — | £1,845,844 | |
| Net assets | — | — | — | £1,849,272 | — | £1,594,989 | |
| Equity | — | £1,586,184 | £1,516,236 | £1,849,272 | — | £1,594,989 | |
| Average employees | — | — | — | 117 | — | 113 | |
| Wages | — | — | — | £3,372,187 | — | £3,209,414 | |
| Directors' remuneration | — | — | — | £29,824 | — | £40,446 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2024 · period ending 2024-12-31 vs 2024-01-01
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-01-01 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 6.1% | — | -0.2% | |
| Net margin | — | — | — | 4.2% | — | -0.6% | |
| Return on capital employed | — | — | — | 31.3% | — | -1.2% | |
| Gearing (liabilities / total assets) | — | — | — | 62.8% | — | 61.7% | |
| Current ratio | — | — | — | 1.67x | — | 1.67x | |
| Interest cover | — | — | — | 12.41x | — | -0.59x |
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
- WILLIAM HUGHES LIMITED 1994-01-12 → present
- HIGH TENSION WIRES LIMITED 1929-10-17 → 1994-01-12
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Old Mill Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors recognise that the company has made a loss before tax of £58,256 in the financial year but have undertaken a review of all operating area costs and processes to return to profitability. The directors have assessed the Balance Sheet and the likely future cash flows at the date of approving these financial statements. The directors have noted the net current asset position of £1,563,293 (2023: £1,807,761) and, therefore, have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Significant events
- “2024 saw a global downturn in manufacturing. Though inflation is down there are still significant cost pressures. 2025 looks to be more stable but investment decisions are being considered with a lot of caution.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HUGHES, Clara Christabel | Secretary | 1992-04-13 | — | British |
| BURGON, Emma Penelope | Director | 2005-07-25 | Feb 1975 | British |
| HUGHES, Max Ivo Arthur | Director | 1993-12-31 | Apr 1947 | English |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HUGHES, Geoffrey Wyndham | Secretary | — | 1992-04-13 |
| POCKLINGTON, Betty | Secretary | 2007-01-18 | 2007-01-18 |
| COLLINS, Alan Frederick | Director | — | 1993-12-31 |
| HOPKINS, Kenneth Sidney | Director | — | 1993-12-31 |
| HUGHES, Geoffrey Wyndham | Director | — | 1993-12-31 |
| HUGHES, Penelope | Director | — | 2013-04-28 |
| TALBOT, James Robert | Director | — | 1993-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Max Ivo Arthur Hughes | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2017-09-26 |
| High Tension Wires Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 131 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-07-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-20 | AA | accounts | Accounts with accounts type full | |
| 2024-07-05 | AA | accounts | Accounts with accounts type full | |
| 2024-06-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-12-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-11-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-06-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-20 | AA | accounts | Accounts with accounts type full | |
| 2022-08-23 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-07-29 | AA | accounts | Accounts with accounts type full | |
| 2022-06-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-19 | AA | accounts | Accounts with accounts type full | |
| 2021-06-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-09-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-07-30 | AA | accounts | Accounts with accounts type full | |
| 2020-05-27 | CH01 | officers | Change person director company with change date | |
| 2020-05-27 | CH01 | officers | Change person director company with change date | |
| 2020-05-27 | CH03 | officers | Change person secretary company with change date | |
| 2019-09-25 | CS01 | confirmation-statement | Confirmation statement with no updates |
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.