MAKEFAST LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-01-14 (in 8mo)
Last made up 2025-12-31
Watchouts
None on the register
Cash
£847K
-19.2% vs 2024
Net assets
£6M
+4.8% vs 2024
Employees
117
-1.7% vs 2024
Profit before tax
£142K
-73.9% vs 2024
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2025-03-31
| Metric | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £13,577,937 | £11,936,907 | |
| Operating profit | — | — | — | — | — | £596,140 | £162,170 | |
| Profit before tax | — | — | — | — | — | £544,258 | £142,033 | |
| Net profit | — | — | — | — | — | £337,271 | £293,899 | |
| Cash | — | — | — | — | — | £1,047,708 | £846,679 | |
| Total assets less current liabilities | — | — | — | — | — | £6,810,836 | £6,855,443 | |
| Net assets | — | — | — | — | — | £5,883,630 | £6,168,810 | |
| Equity | £3,233,196 | £2,925,843 | £3,682,086 | £5,089,140 | £5,122,088 | £5,883,630 | £6,168,810 | |
| Average employees | — | — | — | — | — | 119 | 117 | |
| Wages | — | — | — | — | — | £3,858,329 | £3,961,772 | |
| Directors' remuneration | — | — | — | — | — | £428,929 | £511,229 |
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-12.1%
£13,577,937 £11,936,907
-
Cash
-19.2%
£1,047,708 £846,679
-
Net assets
+4.8%
£5,883,630 £6,168,810
-
Employees
-1.7%
119 117
-
Operating profit
-72.8%
£596,140 £162,170
-
Profit before tax
-73.9%
£544,258 £142,033
-
Wages
+2.7%
£3,858,329 £3,961,772
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 | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 4.4% | 1.4% | |
| Net margin | — | — | — | — | — | 2.5% | 2.5% | |
| Return on capital employed | — | — | — | — | — | 8.8% | 2.4% | |
| Current ratio | — | — | — | — | — | 3.20x | 2.64x | |
| Interest cover | — | — | — | — | — | 11.74x | 3.96x |
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
- MAKEFAST LIMITED 2019-01-22 → present
- MAKE FAST LIMITED 1974-04-03 → 2019-01-22
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- D.R.E. & Co. (Audit) Limited
- 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 group's and the parent 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.”
Group structure
- MAKEFAST LIMITED · parent
- Makefast Italia S.r.l. 86.36%
- Precision-Engineer Ltd 100%
- Custom Marine Developments Limited 64%
- Makefast Limited USA LLC 75%
Significant events
- “During the financial year, Makefast Group companies experienced challenging trading conditions driven by the continued downturn in the leisure marine market and ongoing uncertainty surrounding global trade policy.”
- “Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.”
- “Barclays Bank hold a cross guarantee between Makefast Limited and Baseline Marine Products.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROWN, Brenda | Director | — | Oct 1937 | British |
| BROWN, Christopher | Director | 2007-12-01 | Apr 1967 | British |
| BROWN, Michael | Director | 2007-12-01 | Jul 1964 | British |
| BROWN, Thomas William, Mr. | Director | — | Jan 1937 | British |
| COZENS, David Peter | Director | — | Oct 1949 | British |
| HOLDWAY, Mark Timothy, Mr. | Director | 2007-12-01 | Jul 1978 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROWN, Brenda | Secretary | — | 2021-03-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr David Peter Cozens | Individual | Shares 25–50% | 2016-04-06 | Active |
| Mrs Brenda Brown | Individual | Shares 25–50% | 2016-04-06 | Active |
| Mr. Thomas William Brown | Individual | Shares 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 123 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-12-05 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-22 | AA | accounts | Accounts with accounts type group | |
| 2026-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-19 | CH01 | officers | Change person director company with change date | |
| 2025-12-05 | RESOLUTIONS | resolution | Resolution | |
| 2025-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-23 | AA | accounts | Accounts with accounts type group | |
| 2024-03-26 | AA | accounts | Accounts with accounts type group | |
| 2024-01-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-04 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-04-04 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-02-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-01 | AA | accounts | Accounts with accounts type group | |
| 2022-03-29 | AA | accounts | Accounts with accounts type group | |
| 2022-02-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-30 | AA | accounts | Accounts with accounts type group | |
| 2021-03-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-04 | TM02 | officers | Termination secretary company with name termination date | |
| 2020-07-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2020-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-12-31 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.