SCHADES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-23 (in 5mo)
Last made up 2025-10-09
Watchouts
None on the register
Cash
£2M
+39.4% highest in 4 filed years
Net assets
£6M
+2.4% vs 2023
Employees
127
+130.9% highest in 4 filed years
Profit before tax
£4M
+10.7% highest in 4 filed years
Net assets
7-year trend · vs Basic Materials median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £24,267,803 | — | £39,920,476 | £41,591,501 | |
| Operating profit | — | — | — | £1,312,913 | — | £3,698,283 | £4,184,553 | |
| Profit before tax | — | — | — | £1,261,857 | £2,588,224 | £3,722,420 | £4,121,194 | |
| Net profit | — | — | — | £1,066,606 | £2,042,458 | £2,871,525 | £3,140,999 | |
| Cash | — | — | — | £369,713 | £1,336,207 | £1,652,433 | £2,304,193 | |
| Total assets less current liabilities | — | — | — | £6,545,992 | £8,475,757 | £7,926,457 | £9,614,230 | |
| Net assets | — | — | — | £4,009,020 | £6,906,478 | £6,256,021 | £6,406,713 | |
| Equity | £3,467,506 | £4,727,768 | £2,828,414 | £4,009,020 | £6,906,478 | £6,256,021 | £6,406,713 | |
| Average employees | — | — | — | 51 | 50 | 55 | 127 | |
| Wages | — | — | — | £1,433,914 | £1,649,782 | £1,937,418 | £2,844,287 | |
| Directors' remuneration | — | — | — | £139,600 | £169,600 | £222,133 | £231,080 |
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+4.2%
£39,920,476 £41,591,501
highest in 3 filed years
-
Cash
+39.4%
£1,652,433 £2,304,193
highest in 4 filed years
-
Net assets
+2.4%
£6,256,021 £6,406,713
-
Employees
+130.9%
55 127
highest in 4 filed years
-
Operating profit
+13.1%
£3,698,283 £4,184,553
highest in 3 filed years
-
Profit before tax
+10.7%
£3,722,420 £4,121,194
highest in 4 filed years
-
Wages
+46.8%
£1,937,418 £2,844,287
highest in 4 filed years
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 | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 5.4% | — | 9.3% | 10.1% | |
| Net margin | — | — | — | 4.4% | — | 7.2% | 7.6% | |
| Return on capital employed | — | — | — | 20.1% | — | 46.7% | 43.5% | |
| Current ratio | — | — | — | — | — | 1.53x | 1.29x | |
| Interest cover | — | — | — | 23.82x | — | 67.21x | 30.07x |
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
- SCHADES LIMITED 1989-04-01 → present
- DOWDINGS-SCHADES LIMITED 1988-04-08 → 1989-04-01
- HACKREMCO (NO. 392) LIMITED 1988-01-26 → 1988-04-08
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In assessing the appropriateness of the going concern assumption, the directors have reviewed detailed profit and loss forecasts and cash flow forecasts, considering all reasonably foreseeable potential scenarios and uncertainties in relation to revenue and expenditure for a period of at least 12 months from the date these financial statements have been approved. The ultimate parent company Harbour Investments GmbH has confirmed it will provide financial support to the business to the extent required to allow the group to meet its liabilities for a period of at least 12 months from the date these financial statements were approved. Consequently, the directors are confident that the group will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
Group structure
- SCHADES LIMITED · parent
- Hamilton - Schades Labels Limited 100%
Significant events
- “Sales generated in the year increased from £39.9million to £41.6 million. Excluding sales generated on international intercompany transactions, sales increased from £37.1 million to £39.4 million. The overall gross profit margin increased from 15.3% in 2023 to 18% in 2024, mainly due to the growth in label sales and the incorporation of a new subsidiary in the year.”
- “Gains were made in labels sales during 2024 across the group supported by the incorporation of Hamilton Schades - Labels Limited on the 27th August 2025. Label sales will be a continued area of sales focus for 2025 allowing us to increase the product portfolio with major customers. It will also open a further market to us with the online retailers.”
- “Alongside BRC, ISO 45001 certification being achieved in 2023 and retained in 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ALDRIDGE, Sally | Secretary | 2017-03-31 | — | — |
| BERGMANN, Marcel | Director | 2017-03-01 | May 1979 | German |
| HUGILL, Jack Martin | Director | 2016-01-01 | Feb 1966 | British |
| PARK, Jun Hee | Director | 2022-06-06 | Jul 1965 | South Korean |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HAYNES, Emma Louise | Secretary | 2002-07-31 | 2013-10-23 |
| MATTHEWS, Stuart John | Secretary | 2015-05-31 | 2017-03-31 |
| SHAW, Geoffrey | Secretary | — | 2002-06-28 |
| SORENSON, Erling | Secretary | 2013-10-23 | 2015-05-31 |
| ANDERSEN, René Pedholt | Director | 2014-02-13 | 2015-05-31 |
| BREUM CHRISTENSEN, Kim | Director | 1993-11-24 | 1993-12-20 |
| BUTLER, Guy | Director | 2012-03-29 | 2014-10-31 |
| CLARKE, Philip | Director | 1994-09-01 | 2000-10-27 |
| HENRIKSEN, Torben | Director | — | 1993-05-13 |
| HUGILL, Jack Martin | Director | 1998-01-01 | 2012-03-29 |
| JESSEN, Laurids Anderson | Director | 1998-05-26 | 2001-03-15 |
| KAISER, Neils | Director | — | 1993-11-24 |
| KIM, Sun Jong | Director | 2014-02-13 | 2017-03-01 |
| KOLDING, Kristian | Director | 1994-09-30 | 1998-05-26 |
| MOLLER, Peter | Director | 1999-03-01 | 2015-05-31 |
| OSBORNE, John Anthony | Director | 2014-11-01 | 2016-01-01 |
| PARK, Jun Hee | Director | 2015-05-31 | 2017-03-01 |
| SCHMIDT, Jorgen Peter | Director | 1993-12-20 | 1994-09-30 |
| SORENSEN, Erling | Director | 2001-03-15 | 2014-02-13 |
| WILLIAMS, Robert Bowen | Director | — | 1999-02-28 |
| YANG, Byung Gab | Director | 2017-03-01 | 2020-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Marcel Bergmann | Individual | Significant influence | 2020-04-01 | Active |
| Mr Jack Martin Hugill | Individual | Significant influence | 2016-04-06 | Ceased 2020-04-01 |
Filing timeline
Last 20 of 158 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-15 | AA | accounts | Accounts with accounts type group | |
| 2024-11-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-02 | AA | accounts | Accounts with accounts type full | |
| 2023-10-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-25 | AA | accounts | Accounts with accounts type full | |
| 2022-10-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-05 | AA | accounts | Accounts with accounts type full | |
| 2022-07-06 | AP01 | officers | Appoint person director company with name date | |
| 2021-11-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-18 | AA | accounts | Accounts with accounts type full | |
| 2020-10-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-06-22 | AA | accounts | Accounts with accounts type full | |
| 2020-05-14 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2020-05-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2020-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2020-01-14 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2020-01-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2019-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates |
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.