J.K.H.DRAINAGE UNITS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-16 (in 11mo)
Last made up 2026-04-02
Watchouts
Cash
£2M
-27% lowest in 3 filed years
Net assets
£12M
+4.2% highest in 3 filed years
Employees
64
+4.9% highest in 3 filed years
Profit before tax
£702K
-52.6% vs 2023
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
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £9,279,554 | £8,528,762 | |
| Operating profit | — | — | — | — | — | £1,648,207 | £847,518 | |
| Profit before tax | — | — | — | — | — | £1,480,219 | £702,106 | |
| Net profit | — | — | — | — | — | £1,293,332 | £479,635 | |
| Cash | £2,266,824 | — | — | — | — | £2,642,892 | £1,929,504 | |
| Total assets less current liabilities | £5,713,333 | — | — | — | — | £14,402,221 | £15,047,324 | |
| Net assets | £3,593,026 | — | — | — | — | £11,297,415 | £11,777,050 | |
| Equity | £3,593,026 | — | — | — | — | £11,297,415 | £11,777,050 | |
| Average employees | 46 | — | — | — | — | 61 | 64 | |
| Wages | — | — | — | — | — | £2,648,169 | £2,698,939 | |
| Directors' remuneration | — | — | — | — | — | £291,014 | £336,849 |
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-8.1%
£9,279,554 £8,528,762
-
Cash
-27%
£2,642,892 £1,929,504
lowest in 3 filed years
-
Net assets
+4.2%
£11,297,415 £11,777,050
highest in 3 filed years
-
Employees
+4.9%
61 64
highest in 3 filed years
-
Operating profit
-48.6%
£1,648,207 £847,518
-
Profit before tax
-52.6%
£1,480,219 £702,106
-
Wages
+1.9%
£2,648,169 £2,698,939
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 17.8% | 9.9% | |
| Net margin | — | — | — | — | — | 13.9% | 5.6% | |
| Return on capital employed | — | — | — | — | — | 11.4% | 5.6% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 35.0% | 30.1% | |
| Current ratio | — | — | — | — | — | 1.66x | 2.68x | |
| Interest cover | — | — | — | — | — | 9.07x | 4.75x |
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 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Ensors Accountants 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.”
Significant events
- “Throughout 2024, JKH executed several initiatives aimed at reinforcing its market position: Operational Efficiency: Expanded the finance, operations, and quality departments, ensuring enhanced business performance and customer satisfaction. Business Development: Building relationships with new customers enabling the company to better understand market growth opportunities.”
- “While JKH experienced a challenging operating environment in 2024, several measures helped mitigate risks: Economic Pressures: Continued inflation and material cost volatility affected the construction sector. Despite this, JKH maintained gross profit margins in line with 2023 levels. Regulatory Compliance: The company successfully adhered to ISO 9001, ISO 14001, FORS Silver, and other key standards. Financial Strategy: Falling interest rates during 2024 provided some relief in the financial landscape. JKH's proactive financial planning, including securing long-term borrowing at favourable fixed rates and strategically investing funds, has enabled the company to efficiently manage its resources while position itself for future growth.”
- “The market sector in which JKH operates has continued to experience pressures from economic uncertainties, including inflation, high interest rates, and the residual effects of the war in Ukraine throughout 2024. These challenges have slowed customer investment in infrastructure and water management projects, impacting revenue levels compared to previous years. Despite these adversities, JKH successfully maintained gross profit margins at stable levels, demonstrating resilience in operational efficiency.”
- “Heading into 2025, market confidence is showing signs of improvement. Sales activity began to rebound during the latter part of 2024, as strategic initiatives launched by JKH - such as enhanced customer engagement, digital transformation, and market expansion efforts - enabled the company to explore emerging markets, enhance its competitive edge, and build longer-term customer partnerships.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PRINCE, Brian Michael | Director | — | Aug 1960 | British |
| PRINCE, Daniel John | Director | 2019-05-17 | Mar 1987 | British |
| PRINCE, James David | Director | 2019-07-16 | Apr 1989 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HOARE, Evelyn Mary | Secretary | — | 2024-11-02 |
| HOARE, Evelyn Mary | Director | — | 2024-11-02 |
| HOARE, John Kenneth | Director | — | 2022-10-04 |
| PRINCE, James David | Director | 2019-05-17 | 2019-07-15 |
| RUSSELL, Leon John | Director | — | 2020-10-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Evelyn Mary Hoare | Individual | Shares 25–50%, Voting 25–50% | 2023-11-08 | Ceased 2025-04-03 |
Filing timeline
Last 20 of 120 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-15 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2026-04-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-04-14 | CH01 | officers | Change person director company with change date | |
| 2025-06-27 | AA | accounts | Accounts with accounts type full | |
| 2025-04-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-25 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-04-24 | CH01 | officers | Change person director company with change date | |
| 2025-04-09 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-04-09 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-11-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-12 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-08-06 | AA | accounts | Accounts with accounts type full | |
| 2024-04-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-02-27 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-02-27 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2023-04-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-11-02 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-30 | AA | accounts | Accounts with accounts type total exemption 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.