H YOUNG (OPERATIONS) LIMITED
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Cash
£48m
+36.5% highest in 3 filed years
Net assets
£57m
+1,005.7% highest in 3 filed years
Employees
289
-0.3% vs 2024
Profit before tax
£7.4m
-9.8% lowest in 3 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
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £122,997,000 | £120,336,000 | £116,780,000 | -3% | |
| Operating profit | £8,491,000 | £6,114,000 | £6,054,000 | -1% | |
| Profit before tax | £9,398,000 | £8,169,000 | £7,365,000 | -9.8% | |
| Net profit | £7,327,000 | £5,989,000 | £5,495,000 | -8.2% | |
| Cash | £21,323,000 | £35,529,000 | £48,488,000 | +36.5% | |
| Total assets less current liabilities | £79,129,000 | £73,318,000 | £78,972,000 | +7.7% | |
| Net assets | £56,001,000 | £5,199,000 | £57,485,000 | +1,005.7% | |
| Equity | £56,001,000 | £51,990,000 | £57,485,000 | +10.6% | |
| Average employees | 293 | 290 | 289 | -0.3% | |
| Wages | £10,588,000 | £10,610,000 | £11,908,000 | +12.2% | |
| Directors' remuneration | £248,000 | £261,000 | £273,000 | +4.6% | |
| Directors' pension contributions | £8,000 | £3,000 | — | — |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 6.9% | 5.1% | 5.2% | |
| Net margin | 6.0% | 5.0% | 4.7% | |
| Return on capital employed | 10.7% | 8.3% | 7.7% | |
| Gearing (liabilities / total assets) | 52.6% | 95.5% | 54.3% | |
| Current ratio | 2.52x | 2.30x | 2.23x | |
| Interest cover | 7.52x | 5.22x | 4.50x |
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
- H YOUNG (OPERATIONS) LIMITED 1988-02-22 → present
- READYGAS LIMITED 1961-10-30 → 1988-02-22
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have a reasonable expectation, for reasons set out in Note 1 to the accounts, that the Company has adequate financial resources to continue operations for the foreseeable future.”
Group structure
- H YOUNG (OPERATIONS) LIMITED · parent
- Yippee Ltd 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCIVOR, Alan James | Secretary | 2006-11-30 | — | British |
| MCIVOR, Alan James | Director | 2001-12-17 | Jun 1963 | British |
| SAMANN, Ronald, Dr | Director | 2001-06-28 | Jun 1951 | Canadian |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| REDFERN, Thomas Stathis | Secretary | — | 2006-11-30 |
| FOSTER, Ian | Director | — | 2001-04-20 |
| JOHNSTON, Edwina Jane | Director | — | 2001-09-30 |
| LALONE, Jody Ruth Ann | Director | 2001-07-10 | 2014-06-25 |
| MCGRATH, Rory Hugh | Director | — | 2001-06-14 |
| REDFERN, Thomas Stathis | Director | — | 2006-11-30 |
| TAYLOR, Ian Charles Boucher | Director | 2003-03-01 | 2003-07-22 |
| WILSON, John | Director | — | 1993-07-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| H Young Holdings Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-08-12 | Active |
| Dr Ronald Sämann | Individual | Significant influence | 2016-04-06 | Ceased 2026-08-12 |
Filing timeline
Last 20 of 159 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-21 | AA | accounts | Accounts with accounts type full | |
| 2026-08-12 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-08-12 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-01-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-09 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-09-15 | AA | accounts | Accounts with accounts type full | |
| 2025-01-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-11 | AA | accounts | Accounts with accounts type full | |
| 2024-01-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-14 | AA | accounts | Accounts with accounts type full | |
| 2023-01-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-09 | AA | accounts | Accounts with accounts type full | |
| 2022-01-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-11 | AA | accounts | Accounts with accounts type full | |
| 2021-04-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-02-03 | CH01 | officers | Change person director company with change date | |
| 2021-02-03 | CH01 | officers | Change person director company with change date | |
| 2021-01-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2020-09-29 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.