NATIONAL REFRIGERANTS LTD
Get an alert when NATIONAL REFRIGERANTS LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£8.7m
-39.3% vs 2024
Net assets
£89m
+8.7% highest in 3 filed years
Employees
70
+6.1% highest in 3 filed years
Profit before tax
£9.7m
+74.9% highest in 3 filed years
Net assets
3-year trend · vs Basic Materials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £34,079,079 | £37,246,277 | £38,789,858 | +4.1% | |
| Operating profit | £7,689,774 | £6,515,389 | £9,030,373 | +38.6% | |
| Profit before tax | £9,024,700 | £5,572,525 | £9,746,112 | +74.9% | |
| Net profit | £4,489,271 | £4,171,058 | £7,115,147 | +70.6% | |
| Cash | £8,254,579 | £14,344,690 | £8,706,775 | -39.3% | |
| Total assets less current liabilities | £87,563,687 | £83,185,621 | £90,422,572 | +8.7% | |
| Net assets | £86,335,474 | £81,889,550 | £89,050,725 | +8.7% | |
| Equity | £86,335,474 | £81,889,550 | £89,050,725 | +8.7% | |
| Average employees | 56 | 66 | 70 | +6.1% | |
| Wages | £2,435,213 | £2,909,078 | £3,274,322 | +12.6% | |
| Directors' remuneration | £339,330 | £398,880 | £430,745 | +8% | |
| Highest paid director | £339,330 | £398,880 | £430,745 | +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 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 22.6% | 17.5% | 23.3% | |
| Net margin | 13.2% | 11.2% | 18.3% | |
| Return on capital employed | 8.8% | 7.8% | 10.0% | |
| Gearing (liabilities / total assets) | 9.7% | 9.7% | 10.1% | |
| Current ratio | 5.77x | 6.79x | 6.33x | |
| Interest cover | 1.76x | 14.40x | 96.30x |
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 3 times since incorporation
- NATIONAL REFRIGERANTS LTD 2008-11-12 → present
- NATIONAL REFRIGERANTS OF AMERICA LIMITED 1993-01-12 → 2008-11-12
- NRI LIMITED 1989-05-09 → 1993-01-12
- BEALAW (238) LIMITED 1988-12-08 → 1989-05-09
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Z L Y & Co Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“we concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- NATIONAL REFRIGERANTS LTD · parent
- National Refrigerants Suppliers Limited 100%
- National Cylinder Testing (NCT) Ltd 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MOTTRAM, Paul | Secretary | 1997-02-28 | — | British |
| MOTTRAM, Paul John | Director | 2020-11-05 | May 1973 | British |
| REILLY III, John Harvey | Director | 2012-05-01 | Jun 1970 | American |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOCK, Christopher | Secretary | 1995-12-07 | 1997-02-28 |
| SWEENEY, Joseph | Secretary | 1992-10-08 | 1996-01-23 |
| BEACH SECRETARIES LIMITED | Corporate Nominee Secretary | — | 1992-10-07 |
| BOCK, Christopher | Director | 1995-12-07 | 1997-02-28 |
| CAROSELLA, Carmen | Director | 1992-10-08 | 2025-12-01 |
| DAVIES, Andrew | Director | 2002-06-01 | 2003-09-04 |
| REILLY, John Harvey | Director | 1992-10-08 | 2012-05-01 |
| SWEENEY, Joseph | Director | 1992-10-08 | 1996-01-23 |
| CROFT NOMINEES LIMITED | Corporate Nominee Director | — | 1992-10-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Elizabeth Reilly | Individual | Shares 25–50% (as trust), Voting 25–50% (as trust) | 2021-03-17 | Active |
| Mr John Harvey Reilly Iii | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 141 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-22 | RP01CS01 | confirmation-statement | Replacement filing of confirmation statement with made up date | |
| 2026-09-14 | AA | accounts | Accounts with accounts type group | |
| 2026-06-19 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-12-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-29 | AA | accounts | Accounts with accounts type group | |
| 2024-11-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-24 | AA | accounts | Accounts with accounts type group | |
| 2023-12-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-14 | AA | accounts | Accounts with accounts type group | |
| 2022-12-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-08 | AA | accounts | Accounts with accounts type group | |
| 2021-11-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-11-25 | CH01 | officers | Change person director company with change date | |
| 2021-11-25 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2021-11-25 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-09-08 | AA | accounts | Accounts with accounts type group | |
| 2021-03-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-16 | AD01 | address | Change registered office address company with date old address new address | |
| 2020-11-12 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.