SHERWOOD TRUCK AND VAN LTD
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Cash
£320k
+1,681.8% vs 2023
Net assets
£6m
+14.2% vs 2023
Employees
146
-13.6% vs 2023
Profit before tax
£679k
-9.1% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £52,937,591 | £49,320,394 | -6.8% | |
| Operating profit | £1,635,988 | £1,205,767 | -26.3% | |
| Profit before tax | £746,265 | £678,626 | -9.1% | |
| Net profit | £635,836 | £749,313 | +17.8% | |
| Cash | £17,986 | £320,478 | +1,681.8% | |
| Total assets less current liabilities | £5,548,963 | £6,135,321 | +10.6% | |
| Net assets | £5,268,594 | £6,017,907 | +14.2% | |
| Equity | £5,268,594 | £6,017,907 | +14.2% | |
| Average employees | 169 | 146 | -13.6% | |
| Wages | £6,638,697 | £6,227,547 | -6.2% | |
| Directors' remuneration | £86,781 | £64,356 | -25.8% |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 3.1% | 2.4% | |
| Net margin | 1.2% | 1.5% | |
| Return on capital employed | 29.5% | 19.7% | |
| Current ratio | 1.09x | 1.72x | |
| Interest cover | 1.84x | 1.21x |
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 4 times since incorporation
- SHERWOOD TRUCK AND VAN LTD 2007-10-04 → present
- SHERWOOD COMMERCIAL VEHICLES LIMITED 1993-04-15 → 2007-10-04
- SHERWOOD LEYLAND DAF LIMITED 1987-10-09 → 1993-04-15
- SHERWOOD DAF TRUCKS LIMITED 1985-02-01 → 1987-10-09
- FOXWEB LIMITED 1984-11-23 → 1985-02-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- CK Audit
- 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 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
- SHERWOOD TRUCK AND VAN LTD · parent
- Sentinel Vehicle Solutions Limited 100%
Significant events
- “At the end of September 2024 the Company sold assets relating to its truck and van dealership operations to Guest Motors Limited, a sister group company. The Company continues to focus on its independent fleet management business trading as Sentinel Fleet Management.”
- “The principal activity of the company up to the end of September 2024 continued to be that of franchise commercial vehicle motor dealer. After this date, the principal activity was fleet management.”
- “On 30 September 2024, the Company sold the trade and assets relating to its truck and van dealership to Guest Motors Limited. The company will now focus on expanding its independent fleet management business in future years.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRODERICK, Jason | Director | 2025-03-20 | Aug 1978 | Irish |
| GRAY, Duncan | Director | 2025-09-02 | Jan 1976 | British |
| GUEST, Frank Robert | Director | 2025-03-20 | May 1997 | British |
| SPITTLE, Robert Anthony | Director | 2011-02-01 | Jun 1973 | British |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GRANT, Clifford Alan | Secretary | 2004-06-26 | 2004-09-02 |
| HASLOP, Stephen Robert | Secretary | 1994-06-06 | 2003-11-06 |
| SMITH, David Anthony | Secretary | 2004-09-02 | 2010-03-05 |
| SMITH, David Anthony | Secretary | — | 1994-05-09 |
| BARRON, Richard Patrick | Director | 2011-02-01 | 2025-03-20 |
| BAYFIELD, Raymond John | Director | 2001-02-05 | 2006-09-29 |
| BOSTOCK, Peter Jack | Director | 2009-12-07 | 2025-03-20 |
| FASEY, Nigel Gregg | Director | 2010-01-04 | 2011-02-01 |
| GUEST, Ian Richard | Director | 2011-02-01 | 2025-03-20 |
| HASLOP, Stephen Robert | Director | 1994-06-06 | 2003-11-06 |
| HEMP, Paul Richard | Director | — | 2011-02-01 |
| HOLMES, Laurence Francis | Director | 1994-05-17 | 2000-10-01 |
| HOLMES, Laurence Francis | Director | — | 1994-05-17 |
| LANCASTER, Michael John | Director | 2008-10-01 | 2021-07-22 |
| RENSHAW, Neil Eric | Director | — | 2001-12-07 |
| SMITH, David Anthony | Director | 2005-05-01 | 2010-03-05 |
| WATERFALL, Helen Jane | Director | 2006-11-06 | 2011-09-09 |
| WATERFALL, Terrance Anthony | Director | — | 2011-02-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Ian Richard Guest | Individual | Significant influence | 2016-08-15 | Ceased 2023-09-01 |
| Mr Ian Richard Guest | Individual | Significant influence (as firm) | 2016-08-15 | Active |
| Ian Guest Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-08-15 | Active |
Filing timeline
Last 20 of 170 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-06 | AA | accounts | Accounts with accounts type full | |
| 2025-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-24 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-07 | MR05 | mortgage | Mortgage charge part both with charge number | |
| 2024-09-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-22 | AA | accounts | Accounts with accounts type full | |
| 2023-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-07 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-09-06 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-05-16 | AA | accounts | Accounts with accounts type full | |
| 2022-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-30 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2022-06-30 | PSC04 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 1
- 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.