DUNCAN REEDS LIMITED
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Cash
£3.2M
+1% vs 2024
Net assets
£9.2M
+11.3% highest in 6 filed years
Employees
55
-3.5% vs 2024
Profit before tax
£634K
-11.6% vs 2024
Net assets
6-year trend · vs Basic Materials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £9,124,195 | £9,873,870 | £10,910,060 | £11,473,728 | £10,365,006 | £10,086,780 | -2.7% | |
| Operating profit | £1,013,196 | £916,742 | £449,345 | £815,514 | £677,839 | £573,106 | -15.5% | |
| Profit before tax | £999,946 | £894,677 | £431,638 | £827,759 | £717,786 | £634,427 | -11.6% | |
| Net profit | £768,017 | £496,178 | £333,751 | £647,082 | £552,052 | £451,962 | -18.1% | |
| Cash | £2,329,268 | £2,698,979 | £2,660,739 | £3,240,735 | £3,208,543 | £3,239,106 | +1% | |
| Total assets less current liabilities | £7,240,448 | £8,148,856 | £8,234,259 | £8,781,641 | £9,148,123 | £10,368,033 | +13.3% | |
| Net assets | £6,602,615 | £7,259,180 | £7,385,331 | £7,854,273 | £8,279,525 | £9,217,315 | +11.3% | |
| Equity | £6,602,615 | £7,259,180 | £7,385,331 | £7,854,273 | £8,279,525 | £9,217,315 | +11.3% | |
| Average employees | 50 | 51 | 60 | 50 | 57 | 55 | -3.5% | |
| Wages | — | £1,810,093 | £2,021,377 | £2,107,504 | £2,138,922 | £2,126,647 | -0.6% | |
| Directors' remuneration | — | £222,815 | £236,499 | £263,054 | £281,249 | £261,085 | -7.2% |
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 | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | 11.1% | 9.3% | 4.1% | 7.1% | 6.5% | 5.7% | |
| Net margin | 8.4% | 5.0% | 3.1% | 5.6% | 5.3% | 4.5% | |
| Return on capital employed | 14.0% | 11.2% | 5.5% | 9.3% | 7.4% | 5.5% | |
| Gearing (liabilities / total assets) | — | — | — | — | 29.4% | 30.0% | |
| Current ratio | — | — | — | 1.68x | 2.07x | 2.07x | |
| Interest cover | 64.21x | 41.47x | 22.58x | 37.11x | 23.06x | 20.51x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- FLB Audit LLP
- 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.”
Significant events
- “On 18 May 2026, the Company entered into a new finance lease agreement for the rental of assets for 36 months at fixed interest of 6.14% per annum.”
- “At 30 September 2025, the Company is a defendant in a personal injury claim. While the company believes it has meritorious defenses, it is not possible to determine the final outcome at the date of this report. Based on legal counsel's assessment, a loss is possible.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ATKINS, Garry Paul | Secretary | — | — | British |
| ATKINS, Maite | Secretary | 2025-04-06 | — | — |
| ATKINS, Anthony George | Director | — | May 1937 | British |
| ATKINS, Garry Paul | Director | — | Nov 1963 | British |
| BILTON, Andrew Christopher | Director | 2004-03-10 | Oct 1965 | British |
| HARKESS-COWLYN, Dean | Director | 2014-12-01 | Oct 1970 | British |
| LAWTON, Jason | Director | 2004-03-10 | Jun 1971 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Anthony George Atkins | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
| Mr Garry Paul Atkins | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 128 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-19 | AA | accounts | Accounts with accounts type full | |
| 2026-02-26 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-02-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-09 | CH01 | officers | Change person director company with change date | |
| 2025-06-03 | AA | accounts | Accounts with accounts type full | |
| 2025-05-29 | AA01 | accounts | Change account reference date company current extended | |
| 2025-05-29 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-02-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-06-26 | AA | accounts | Accounts with accounts type full | |
| 2024-02-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-29 | AA | accounts | Accounts with accounts type full | |
| 2023-02-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-24 | AA | accounts | Accounts with accounts type full | |
| 2022-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-08 | AA | accounts | Accounts with accounts type small | |
| 2021-03-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-06-29 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.