E.T.C. SAW MILLS LIMITED
Get an alert when E.T.C. SAW MILLS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£778
+12.9% vs 2024
Net assets
£817K
-76.7% vs 2024
Employees
91
+2.2% vs 2024
Profit before tax
-£2.9M
-58.9% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
-
Going-concern uncertainty disclosed
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-02-28
| Metric | Trend | 2024-02-29 | 2025-02-28 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £9,145,000 | £10,346,713 | +13.1% | |
| Operating profit | -£2,507,003 | -£2,868,056 | -14.4% | |
| Profit before tax | -£1,838,455 | -£2,922,045 | -58.9% | |
| Net profit | -£1,686,172 | -£2,697,206 | -60% | |
| Cash | £689 | £778 | +12.9% | |
| Total assets less current liabilities | £3,967,515 | £1,204,774 | -69.6% | |
| Net assets | £3,514,667 | £817,461 | -76.7% | |
| Equity | £3,514,667 | £817,461 | -76.7% | |
| Average employees | 89 | 91 | +2.2% | |
| Wages | £2,328,254 | £2,884,695 | +23.9% | |
| Directors' remuneration | — | — | — |
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 | 2024-02-29 | 2025-02-28 |
|---|---|---|---|
| Operating margin | -27.4% | -27.7% | |
| Net margin | -18.4% | -26.1% | |
| Return on capital employed | -63.2% | -238.1% | |
| Gearing (liabilities / total assets) | 51.8% | 88.6% | |
| Current ratio | 0.82x | 0.46x | |
| Interest cover | -68.78x | -44.52x |
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
- E.T.C. SAW MILLS LIMITED 1983-07-21 → present
- E.T.C. SAW MILLS (1979) LIMITED 1979-12-31 → 1983-07-21
- PALECROWNS LIMITED 1979-06-29 → 1979-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Kilsby & Williams LLP
- Audit opinion
- Unqualified (clean)
Significant events
- “On 21 May 2025, the company was acquired by A.W. Jenkinson Holdings Limited, resulting in a change in control. This transaction occurred after the reporting date and therefore is classified as a non-adjusting event. The directors consider the event to be material due to its impact on the future operations of the company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GRAINGER, Guy Charles Michael | Director | 2025-05-21 | Aug 1960 | British |
| PUGSLEY, Roger Charles | Director | — | Oct 1952 | British |
| SMITH, Andrew | Director | 2025-05-21 | Jun 1982 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARRITT, William Moorhouse | Secretary | — | 2006-05-04 |
| EVANS, Robert John | Secretary | 2006-05-04 | 2025-05-21 |
| BARRITT, William Moorhouse | Director | — | 2016-12-01 |
| GREENLAND, Linda Anne | Director | — | 2001-04-30 |
| HESKINS, Colin Frederick | Director | 2000-04-01 | 2014-10-14 |
| MCCOY, Douglas Sutherland | Director | — | 2004-11-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Awj Group Limited | Corporate entity | Shares 50–75%, Voting 50–75% | 2025-05-21 | Ceased 2025-05-21 |
| Mr Allan Wilson Jenkinson | Individual | Significant influence | 2025-05-21 | Active |
| Penarth Commercial Properties Ltd | Corporate entity | Shares 25–50%, Voting 25–50% | 2024-10-17 | Active |
| Mr Roger Charles Pugsley | Individual | Significant influence | 2016-04-06 | Ceased 2024-10-17 |
Filing timeline
Last 20 of 129 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-05-30 RESOLUTIONS Resolution
- 2025-05-30 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-02-20 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-02-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-01-13 | AA01 | accounts | Change account reference date company current extended | |
| 2025-11-28 | AA | accounts | Accounts with accounts type full | |
| 2025-11-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-06-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-05-30 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-30 | MA | incorporation | Memorandum articles | |
| 2025-05-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-28 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-05-28 | SH10 | capital | Capital variation of rights attached to shares | |
| 2025-05-27 | SH08 | capital | Capital name of class of shares | |
| 2025-05-27 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-05-27 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-05-27 | PSC05 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 2
- 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.