KNOX & WELLS LIMITED
Get an alert when KNOX & WELLS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£7.6m
+512.3% highest in 6 filed years
Net assets
£6m
+42.3% highest in 6 filed years
Employees
64
-3% vs 2024
Profit before tax
£2.5m
+167.2% highest in 6 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £15,233,164 | £15,204,422 | £24,662,819 | £34,680,158 | £25,630,536 | £35,266,252 | +37.6% | |
| Operating profit | £4,996 | £26,502 | £464,569 | £502,434 | £850,118 | £2,405,666 | +183% | |
| Profit before tax | £36,326 | £53,452 | £498,911 | £601,216 | £926,033 | £2,474,002 | +167.2% | |
| Net profit | £66,303 | £32,012 | £388,962 | £363,036 | £756,816 | £1,781,832 | +135.4% | |
| Cash | £1,377,451 | £1,454,302 | £1,832,469 | £4,877,873 | £1,236,335 | £7,570,099 | +512.3% | |
| Total assets less current liabilities | £3,511,642 | £3,986,627 | £3,918,266 | £3,453,969 | £4,210,785 | £5,992,617 | +42.3% | |
| Net assets | £3,269,959 | £3,301,971 | £3,390,933 | £3,453,969 | £4,210,785 | £5,992,617 | +42.3% | |
| Equity | £3,269,959 | £3,301,971 | £3,390,933 | £3,453,969 | £4,210,785 | £5,992,617 | +42.3% | |
| Average employees | 63 | 60 | 60 | 63 | 66 | 64 | -3% | |
| Wages | £2,145,466 | £1,973,308 | £2,485,674 | £3,464,764 | £3,153,665 | £3,798,503 | +20.4% | |
| Directors' remuneration | £417,882 | £323,774 | £374,345 | £381,133 | £734,379 | £828,593 | +12.8% | |
| Directors' pension contributions | £NaN | £NaN | £NaN | £26,329 | £24,420 | £489,759 | +1,905.6% | |
| Highest paid director | £NaN | £NaN | £NaN | £NaN | £195,000 | £163,785 | -16% |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 0.0% | 0.2% | 1.9% | 1.4% | 3.3% | 6.8% | |
| Net margin | 0.4% | 0.2% | 1.6% | 1.0% | 3.0% | 5.1% | |
| Return on capital employed | 0.1% | 0.7% | 11.9% | 14.5% | 20.2% | 40.1% | |
| Gearing (liabilities / total assets) | 60.1% | 66.3% | 70.7% | 75.6% | 65.6% | 61.4% | |
| Current ratio | — | — | — | 1.31x | 1.50x | 1.61x |
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
- MHA
- 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 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.”
Significant events
- “On 22nd January 2026, the issued share capital of Knox & Wells limited was acquired by Knox & Wells Group Limited.”
- “Knox & Wells Group Limited was established to allow Knox & Wells Limited to be controlled by an Employee Ownership Trust (EOT), established for the benefit of all eligible employees.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LEWIS, Adrian Hugh | Secretary | 2008-02-26 | — | British |
| BAYNHAM, Michael Thomas | Director | 2023-10-26 | Jan 1977 | British |
| EVANS, Daniel Llewelyn | Director | 2025-03-07 | Apr 1979 | British |
| LEACH, Guy Owen | Director | — | Mar 1957 | British |
| LEACH, Huw Mostyn | Director | 2006-08-04 | Mar 1963 | British |
| LEWIS, Adrian Hugh | Director | 2015-07-01 | Jan 1969 | British |
| MACMILLAN, Owain Rhys | Director | 2015-07-01 | Nov 1972 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LEACH, Huw Mostyn | Secretary | 2002-03-12 | 2002-04-24 |
| MASTERS, Dudley Redway | Secretary | — | 2007-12-31 |
| DAVIES, Gareth Wilson | Director | 2015-07-01 | 2026-04-24 |
| LEACH, Mostyn Francis | Director | — | 2012-05-31 |
| MASTERS, Dudley Redway | Director | — | 2007-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Knox & Wells Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-01-22 | Active |
| Greenclose Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-01-21 | Ceased 2026-01-22 |
| Mr Guy Owen Leach | Individual | Shares 25–50% | 2016-04-06 | Ceased 2016-04-06 |
| Mr Huw Mostyn Leach | Individual | Shares 25–50% | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 152 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-26 MA Memorandum articles
- 2026-01-26 RESOLUTIONS Resolution
- 2026-01-26 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-17 | AA | accounts | Accounts with accounts type full | |
| 2026-07-22 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-24 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-02-10 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-01-26 | MA | incorporation | Memorandum articles | |
| 2026-01-26 | RESOLUTIONS | resolution | Resolution | |
| 2026-01-26 | SH08 | capital | Capital name of class of shares | |
| 2026-01-26 | CC04 | change-of-constitution | Statement of companys objects | |
| 2026-01-26 | SH10 | capital | Capital variation of rights attached to shares | |
| 2026-01-22 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-01-22 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-01-21 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-01-21 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-01-21 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-03-20 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-28 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 17
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 1
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.