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Cash

£523k

-58% lowest in 3 filed years

Net assets

£4.7m

+5.9% highest in 3 filed years

Employees

107

-4.5% lowest in 3 filed years

Profit before tax

£403k

+1,981.7% highest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £12,882,690£13,047,597£12,895,111 -1.2%
Operating profit -£181,757£8,726£474,780 +5,341%
Profit before tax -£185,442-£21,419£403,040 +1,981.7%
Net profit -£111,267£16,263£258,885 +1,491.9%
Cash £1,467,437£1,247,387£523,397 -58%
Total assets less current liabilities £4,705,685£4,799,412£4,936,619 +2.9%
Net assets £4,429,258£4,418,803£4,677,688 +5.9%
Equity £4,429,258£4,418,803£4,677,688 +5.9%
Average employees 117112107 -4.5%
Wages £3,110,974£3,127,054£2,974,597 -4.9%
Directors' remuneration £262,340£314,171£331,127 +5.4%
Directors' pension contributions £34,248£44,747£58,649 +31.1%
Highest paid director £129,983£119,558£119,669 +0.1%

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 2023-12-312024-12-312025-12-31
Operating margin -1.4%0.1%3.7%
Net margin -0.9%0.1%2.0%
Return on capital employed -3.9%0.2%9.6%
Gearing (liabilities / total assets) 39.1%43.3%47.3%
Current ratio 2.27x1.85x1.58x
Interest cover -19.98x0.25x6.52x

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 1 time since incorporation

  1. DULAS LTD 1995-05-15 → present
  2. DULAS ENGINEERING LIMITED 1982-04-15 → 1995-05-15

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Azets Audit Services
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting”

Group structure

  1. DULAS LTD · parent
    1. Polestar Cooling Limited 100% · United Kingdom · specialist medical manufacturing facility
    2. Chillwind Limited 100% · United Kingdom · Dormant

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

People

6 active · 57 resigned

Name Role Appointed Born Nationality
BANTON, Alison Secretary 2021-09-01 — —
CHAPMAN, Ruth Susannah Director 2017-10-05 Jan 1980 British
EVANS, Gerallt Tudur Director 2015-05-06 Aug 1983 Welsh
MUNDAY, Rachel Director 2023-11-28 Dec 1966 British
ROBERTS, Dylan Gareth Director 2021-04-15 Sep 1969 British
WHITE, Edward Ogilvy Director 2017-11-05 Jan 1975 British
Show 57 resigned officers
Name Role Appointed Resigned
BANTON, Alison Joan Secretary 2002-06-15 2014-07-31
EVANS, Gerallt Tudur Secretary 2017-11-05 2021-09-01
PEASLEY, Catherine Jane Secretary 2016-06-20 2017-11-05
ROBERTS, David Ian Carlisle Secretary 2001-04-03 2002-06-15
TANSLEY, Ian Martin Secretary 1991-12-10 2001-04-03
WELSTEAD, Alexandra Jean Secretary — 1991-12-10
ALLEN, Paul Director — 1994-11-30
BANTON, Alison Joan Director 2006-04-01 2009-04-01
BANTON, Alison Joan Director 2001-04-03 2003-04-02
BANTON, Alison Joan Director 1998-12-04 2000-02-18
BARTLETT, George Derek Wilson Director 2012-01-12 2012-11-30
BOWMAN, Paul Andrew Director 2015-10-01 2018-04-03
BOWRY, Sanjay Director 2012-06-18 2014-01-29
BROWN, Andy Director 1994-09-15 2000-03-31
CUMMING, Helen Director 2003-04-01 2006-04-01
CUMMING, Helen Director 2000-03-20 2001-04-03
CUMMING, Helen Director 1995-06-29 2000-02-18
DRAISEY, Ian Leslie Director 2002-04-06 2011-05-31
EDWARDS, Roderick Charles Director 2003-04-01 2007-12-31
EDWARDS, Roderick Charles Director — 2002-04-06
GIDOOMAL, Ram Director 2015-10-01 2017-11-05
GWILLIM, Jonathan Director 2001-04-03 2003-07-30
GWILLIM, Jonathan Director 1993-01-01 2000-02-18
HAMMOND, Daniel Director 2011-07-22 2014-03-14
HEATON, John Willoughby Director 2010-04-01 2011-01-17
HOLLOWAY, Lynn Irmgard Director — 1993-09-30
HORTON, Philip John Director 2013-07-30 2018-09-24
HOWARTH, John Edward Director 2004-04-02 2006-04-01
HOWARTH, John Edward Director 2000-05-15 2001-04-03
JENKINS, Dilwyn John Director 1996-12-12 2000-04-18
LANGLEY, William Julian Director 1993-01-01 2000-02-18
MACCORMICK, Morag Elizabeth Director 1993-01-01 1995-08-18
MUNDAY, Rachel Director 2012-11-30 2021-04-15
PEASLEY, Catherine Jane Director 2014-03-26 2017-11-05
PEASLEY, Catherine Jane Director 2008-04-01 2010-08-06
PEASLEY, Catherine Jane Director 1996-02-01 1998-12-24
PHILLIPS, Michael John Director 2010-10-06 2012-11-30
POTTER, Catherine Ruth Director 1993-09-30 2000-02-18
ROBERTS, David Ian Carlisle Director 2003-07-30 2004-01-21
ROBERTS, David Ian Carlisle Director 2001-04-03 2002-04-06
ROBERTS, David Ian Carlisle Director 1991-12-10 2000-02-18
ROBINSON, Ben Lyn Director 2011-04-01 2011-12-16
ROBINSON, Ben Lyn Director 2008-01-01 2010-04-01
ROWBOTTOM, Andrew John Director 2009-04-01 2013-10-01
ROWBOTTOM, Andrew John Director 2001-04-03 2003-12-10
ROWBOTTOM, Andrew John Director 1993-05-01 2000-02-18
SANDERS, Janet Claire Director 1999-08-16 2001-04-03
SAY, Jonathan Director 2012-11-30 2013-05-01
STUBBS, Richard Anthony Director 1993-01-01 1999-10-31
TANSLEY, Ian Martin Director 2002-04-06 2003-02-27
TANSLEY, Ian Martin Director — 2001-04-03
WARD, Stephen Quentin Director 1997-12-11 1998-08-31
WARRINGTON, Andrew Richard Director 2006-04-01 2008-04-01
WATSON, Guy Roger Director 2011-04-01 2012-11-30
WATSON, Guy Roger Director 2004-01-21 2009-04-01
WATSON, Guy Roger Director 1993-01-01 2000-02-18
WEBSTER, Nigel Director 2009-04-01 2011-01-28

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 296 total filings

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

  • 2023-10-23 RESOLUTIONS Resolution
  • 2023-10-23 MA Memorandum articles
  • 2021-05-02 RESOLUTIONS Resolution
  • 2021-05-02 MA Memorandum articles
Date Type Category Description
2026-09-17 AA accounts Accounts with accounts type group PDF
2025-12-18 CS01 confirmation-statement Confirmation statement with updates PDF
2025-09-29 AA accounts Accounts with accounts type group PDF
2024-12-23 CS01 confirmation-statement Confirmation statement with updates PDF
2024-08-30 AA accounts Accounts with accounts type group PDF
2023-12-14 CS01 confirmation-statement Confirmation statement with updates PDF
2023-12-05 AP01 officers Appoint person director company with name date PDF
2023-11-16 AAMD accounts Accounts amended with accounts type group
2023-10-23 RESOLUTIONS resolution Resolution
2023-10-23 MA incorporation Memorandum articles
2023-09-14 AA accounts Accounts with accounts type group PDF
2022-12-14 CS01 confirmation-statement Confirmation statement with updates PDF
2022-09-28 AA accounts Accounts with accounts type group PDF
2022-01-19 CS01 confirmation-statement Confirmation statement with updates PDF
2021-09-29 AA accounts Accounts with accounts type small PDF
2021-09-13 TM02 officers Termination secretary company with name termination date PDF
2021-09-13 AP03 officers Appoint person secretary company with name date PDF
2021-05-02 RESOLUTIONS resolution Resolution
2021-05-02 MA incorporation Memorandum articles
2021-04-16 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

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