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Next accounts due

2026-07-31 (in 2mo)

Last filed for 2024-10-31

Confirmation statement due

2027-01-14 (in 8mo)

Last made up 2025-12-31

Watchouts

1 item

Cash

£683K

-15.1% vs 2023

Net assets

£2M

-7.7% vs 2023

Employees

78

+5.4% highest in 4 filed years

Profit before tax

£2K

+100.5% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

6-year trend · latest reflected 2024-10-31

Metric Trend 2019-10-312020-10-312021-10-312022-10-312023-10-312024-10-31
Turnover £8,461,267£9,287,485
Operating profit -£411,214£65,150
Profit before tax -£493,514£2,236
Net profit -£493,514-£4,084
Cash £99,916£394,014£803,687£682,731
Total assets less current liabilities £2,031,397£2,041,459£3,860,298£3,462,719
Net assets £1,981,128£1,998,610£2,606,879£2,405,555
Equity £1,981,128£1,998,610£2,147,755£2,382,935£2,606,879£2,405,555
Average employees 337478
Wages £2,290,104£2,521,988
Directors' remuneration £130,482£138,390

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 2024-10-31 vs 2023-10-31

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 2019-10-312020-10-312021-10-312022-10-312023-10-312024-10-31
Operating margin -4.9%0.7%
Net margin -5.8%-0.0%
Return on capital employed -10.7%1.9%
Current ratio 1.09x1.17x
Interest cover -4.99x1.04x

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

  1. MAY K LIMITED 1996-03-04 → present
  2. READY CASE (HOLDINGS) LIMITED 1982-03-25 → 1996-03-04
  3. READY CASE LIMITED 1970-04-17 → 1982-03-25

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Just Audit & Assurance Ltd
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the director's 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 group's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.”

Group structure

  1. MAY K LIMITED · parent
    1. Ready Case Limited 76% · England & Wales · Manufacture of packaging materials

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

2 active · 4 resigned

Name Role Appointed Born Nationality
KELSO, David Charles Director 2018-01-18 Jun 1977 British
KELSO, Teresa Jean Director 2000-02-22 Apr 1950 British
Show 4 resigned officers
Name Role Appointed Resigned
KELSO DECEASED, Clifford White Secretary 1996-08-12 2024-09-23
TAYLOR, Susan Jane Secretary 1996-08-12
KELSO, Clifford White Director 2024-09-23
KELSO, Philip Samuel Director 2009-01-20

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mrs Teresa Jean Kelso Individual Shares 50–75% 2025-12-24 Active
Mr David Charles Kelso Individual Shares 50–75% 2025-10-31 Active
Clifford White Kelso Individual Shares 50–75% 2016-04-06 Ceased 2024-09-23

Filing timeline

Last 20 of 114 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2023-05-18 RESOLUTIONS Resolution
  • 2023-05-18 MA Memorandum articles
Date Type Category Description
2026-01-15 CS01 confirmation-statement Confirmation statement with updates PDF
2026-01-15 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2026-01-02 PSC04 persons-with-significant-control Change to a person with significant control PDF
2025-12-24 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2025-12-19 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-12-19 TM01 officers Termination director company with name termination date PDF
2025-12-19 TM02 officers Termination secretary company with name termination date PDF
2025-06-30 AA accounts Accounts with accounts type group PDF
2025-01-14 CS01 confirmation-statement Confirmation statement with updates PDF
2025-01-14 CH03 officers Change person secretary company with change date PDF
2024-10-11 AA accounts Accounts with accounts type group PDF
2024-01-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-07 DISS40 gazette Gazette filings brought up to date
2023-10-05 AA accounts Accounts with accounts type group
2023-10-03 GAZ1 gazette Gazette notice compulsory
2023-05-18 RESOLUTIONS resolution Resolution
2023-05-18 MA incorporation Memorandum articles
2023-01-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-07-30 AA accounts Accounts with accounts type total exemption full PDF
2022-01-04 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page