FULHAM TIMBER MERCHANTS LIMITED
Get an alert when FULHAM TIMBER MERCHANTS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£65k
-69.5% lowest in 6 filed years
Net assets
£6.1m
-14.4% vs 2024
Employees
66
-25.8% lowest in 6 filed years
Profit before tax
-£732k
+10.8% vs 2024
Net assets
6-year trend · vs Basic Materials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £13,482,475 | £17,253,730 | £15,847,450 | £15,773,457 | £13,785,185 | £12,352,611 | -10.4% | |
| Operating profit | £702,434 | £886,737 | -£377,540 | -£461,270 | -£804,151 | -£720,078 | +10.5% | |
| Profit before tax | £634,982 | £9,312,862 | -£399,541 | -£486,157 | -£821,067 | -£732,063 | +10.8% | |
| Net profit | £509,373 | £7,590,071 | -£314,056 | -£343,085 | -£673,016 | -£682,446 | -1.4% | |
| Cash | £1,117,264 | £9,417,225 | £1,754,993 | £436,209 | £213,315 | £65,148 | -69.5% | |
| Total assets less current liabilities | £1,476,942 | £9,528,042 | £9,144,093 | £8,453,680 | £7,554,783 | £6,586,993 | -12.8% | |
| Net assets | £1,359,318 | £8,913,665 | £8,456,713 | £7,833,332 | £7,160,316 | £6,128,645 | -14.4% | |
| Equity | £1,359,318 | £8,913,665 | £8,456,713 | £7,833,332 | £7,160,316 | £6,128,645 | -14.4% | |
| Average employees | 75 | 82 | 84 | 94 | 89 | 66 | -25.8% | |
| Wages | £2,390,601 | £2,658,746 | £2,829,089 | £2,964,390 | £2,806,239 | £2,424,213 | -13.6% | |
| Directors' remuneration | — | — | — | — | £143,960 | £50,141 | -65.2% | |
| Directors' pension contributions | — | — | — | — | £7,371 | £5,122 | -30.5% | |
| Highest paid director | — | — | — | — | £125,000 | £37,901 | -69.7% |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 5.2% | 5.1% | -2.4% | -2.9% | -5.8% | -5.8% | |
| Net margin | 3.8% | 44.0% | -2.0% | -2.2% | -4.9% | -5.5% | |
| Return on capital employed | 47.6% | 9.3% | -4.1% | -5.5% | -10.6% | -10.9% | |
| Gearing (liabilities / total assets) | 80.5% | 38.1% | 29.1% | 27.6% | 27.1% | 33.2% | |
| Current ratio | — | — | — | — | 1.51x | 1.12x | |
| Interest cover | 10.41x | 64.64x | -17.16x | -18.53x | -36.16x | -31.33x |
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
- FULHAM TIMBER MERCHANTS LIMITED 1984-11-02 → present
- EDGECODE LIMITED 1984-03-16 → 1984-11-02
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RAA Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.”
Significant events
- “Subsequent to the reporting date, the lease for the Company's Brixton branch expired in March 2026 and operations are being relocated to its existing Sawmill branch.”
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 |
|---|---|---|---|---|
| NICOLAOU, Lello | Secretary | 2001-02-28 | — | British |
| GRUNDMAN, Angel | Director | — | Dec 1953 | British |
| NICOLAOU, Lello | Director | — | Dec 1958 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MEARS, Leslie Julian | Secretary | — | 2001-02-28 |
| BROWN, Milton | Director | — | 1993-10-20 |
| DOBBS, William Kenneth Walter | Director | 2017-02-08 | 2025-04-09 |
| HEMSLEY, Paul Jeremy | Director | 2013-04-06 | 2021-09-01 |
| MEARS, Leslie Julian | Director | — | 2001-11-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Angel Grundman | Individual | Shares 50–75% | 2016-04-06 | Active |
| Mr Lello Nicolaou | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 161 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-29 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-09-29 | AA | accounts | Accounts with accounts type medium | |
| 2026-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-23 | AA | accounts | Accounts with accounts type medium | |
| 2025-04-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-17 | AA | accounts | Accounts with accounts type full | |
| 2024-04-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2023-04-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-26 | AA | accounts | Accounts with accounts type full | |
| 2022-04-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-11-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-11-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-11-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-09-14 | TM01 | officers | Termination director company with name termination date | |
| 2021-08-16 | MR05 | mortgage | Mortgage charge whole cease and release with charge number | |
| 2021-08-16 | MR05 | mortgage | Mortgage charge whole cease and release with charge number | |
| 2021-08-16 | MR05 | mortgage | Mortgage charge whole release with charge number |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.