JSP LIMITED
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Cash
£23M
+77% vs 2024
Net assets
£62M
+4.2% vs 2024
Employees
498
+3.5% vs 2024
Profit before tax
£11M
+23.5% vs 2024
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
2-year trend · vs Basic Materials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £91,773,000 | £98,291,000 | +7.1% | |
| Operating profit | £9,140,000 | £10,570,000 | +15.6% | |
| Profit before tax | £8,960,000 | £11,067,000 | +23.5% | |
| Net profit | £7,910,000 | £9,547,000 | +20.7% | |
| Cash | £13,272,000 | £23,485,000 | +77% | |
| Total assets less current liabilities | £63,668,000 | £63,746,000 | +0.1% | |
| Net assets | £59,106,000 | £61,612,000 | +4.2% | |
| Equity | £59,106,000 | £61,612,000 | +4.2% | |
| Average employees | 481 | 498 | +3.5% | |
| Wages | £18,211,000 | £20,450,000 | +12.3% | |
| Directors' remuneration | £442,000 | £1,714,000 | +287.8% |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 10.0% | 10.8% | |
| Net margin | 8.6% | 9.7% | |
| Return on capital employed | 14.4% | 16.6% | |
| Gearing (liabilities / total assets) | 0.0% | 0.0% | |
| Current ratio | 3.06x | 3.29x | |
| Interest cover | 20.27x | 76.59x |
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 2 times since incorporation
- JSP LIMITED 1991-09-17 → present
- JOHNSTONE SAFETY LIMITED 1976-12-31 → 1991-09-17
- R.M.JOHNSTONE & SON LIMITED 1964-02-11 → 1976-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the Directors have carefully considered the impact of the current economic environment on the business operations of the group and can confirm that they have a reasonable expectation that the group has adequate cash resources and banking facilities available to them to continue in operational existence for a period of no less than 12 months from the date of this report. Thus, the Directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- JSP LIMITED · parent
- Johnstone Safety International LLP 51%
- P&J Safety (2016) Limited 100%
- JSP (Hong Kong) Co. Limited 100%
- Weston SM LLP 50%
- Bradwest Safety Company LLP 100%
- Chapsmith LLP 100%
- Invincible Safety Limited 100%
- Navigator Safety Limited 100%
- Protection Express Limited 100%
- Olympus Safety Limited 100%
- Martcare Limited 100%
- Chatsworth Trading Limited 100%
- JSP Environmental Limited 100%
- Viceroy Communications Limited 100%
- Europa Safety Products Limited 100%
- JSP Safety GmbH 100%
- JSP Safety Inc 100%
- JSP Safety France SAS 100%
- JSP Safety FZE 100%
- JSP Safety & Protective Equipment (Shanghai) Co. Ltd 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BAKER, Sarah Helen | Director | 2003-03-05 | Feb 1970 | British |
| JOHNSTONE, Clive | Director | — | Mar 1942 | British |
| JOHNSTONE, James Luke | Director | 2003-03-05 | Feb 1970 | British |
| JOHNSTONE, Joanna Mary | Director | — | May 1945 | British |
| JOHNSTONE, Mark Robert | Director | 2003-03-05 | Feb 1968 | British |
| JOHNSTONE, Timothy William | Director | 2017-06-07 | Jul 1975 | British |
| NELSON, Mark Richard | Director | 2023-11-29 | Feb 1966 | British |
| SANDERS, Stephen Francis | Director | 2011-11-29 | Mar 1969 | British |
| THOMAS, Lee Michael | Director | 2023-11-29 | Oct 1973 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BIRD, Sheila Joyce | Secretary | — | 2003-09-30 |
| PAYNE, Catharina Johanna Adriana | Secretary | 2003-09-30 | 2025-10-31 |
| KNIGHT, Geoffrey Thomas, Dr | Director | 1995-10-18 | 2021-08-12 |
| LOWRY, Barry Roger St Gerrans | Director | — | 2011-11-29 |
| PERKINS, Alan Stewart | Director | — | 2002-02-06 |
| PRICE, Michael Christopher Walwyn | Director | — | 1993-07-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Mark Robert Johnstone | Individual | Shares 25–50% | 2024-10-23 | Active |
| Mrs Sarah Helen Baker | Individual | Shares 50–75% | 2024-10-23 | Active |
| Mr Clive Johnstone | Individual | Shares 25–50% | 2024-10-23 | Active |
| Mrs Joanna Mary Johnstone | Individual | Shares 25–50% | 2024-10-23 | Active |
| Mr Clive Johnstone | Individual | Significant influence | 2017-04-01 | Ceased 2024-10-23 |
| The Rutland Trust | Corporate entity | Shares 25–50% | 2016-04-06 | Ceased 2017-04-01 |
Filing timeline
Last 20 of 189 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-17 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-30 | AA | accounts | Accounts with accounts type group | |
| 2025-11-05 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-07-17 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-14 | SH10 | capital | Capital variation of rights attached to shares | |
| 2025-07-02 | SH08 | capital | Capital name of class of shares | |
| 2025-07-02 | SH08 | capital | Capital name of class of shares | |
| 2025-07-02 | SH08 | capital | Capital name of class of shares | |
| 2025-07-02 | SH08 | capital | Capital name of class of shares | |
| 2025-07-02 | SH08 | capital | Capital name of class of shares | |
| 2025-07-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-01 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-07-01 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-07-01 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-06-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-27 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-06-27 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-06-27 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-04-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-04 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- Capital events
- 6
- 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.