TOW-TRUST TOWBARS LIMITED
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Next accounts due
2027-06-30 (in 1y)
Last filed for 2025-09-30
Confirmation statement due
2026-05-24 (this month)
Last made up 2025-05-10
Watchouts
Cash
£7M
-7.8% vs 2024
Net assets
£2
0% vs 2024
Employees
103
+10.8% highest in 6 filed years
Profit before tax
£7M
+22.3% highest in 6 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2025-09-30
| Metric | Trend | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £14,272,077 | £19,879,300 | — | — | £23,987,870 | £26,954,962 | |
| Operating profit | — | £3,827,260 | £4,773,368 | — | — | £5,502,111 | £6,721,943 | |
| Profit before tax | — | £3,825,153 | £4,773,368 | £4,352,220 | £4,535,934 | £5,520,526 | £6,751,249 | |
| Net profit | — | £3,098,374 | £3,992,606 | £3,762,892 | £3,537,656 | £4,335,163 | £5,063,437 | |
| Cash | — | £1,959,895 | £6,563,801 | £8,442,248 | £4,593,009 | £7,382,798 | £6,807,551 | |
| Total assets less current liabilities | — | — | — | — | — | — | — | |
| Net assets | — | — | — | — | — | £2 | £2 | |
| Equity | £2 | £2 | £2 | £2 | £2 | £2 | £2 | |
| Average employees | — | 64 | 74 | 81 | 82 | 93 | 103 | |
| Wages | — | £1,788,412 | £2,089,235 | £2,364,555 | £2,673,479 | £3,086,682 | £3,491,026 | |
| Directors' remuneration | — | £167,760 | £169,333 | £195,470 | £244,132 | £249,292 | £252,555 |
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
FY2024 → FY2025 · period ending 2025-09-30 vs 2024-09-30
-
Turnover
+12.4%
£23,987,870 £26,954,962
highest in 4 filed years
-
Cash
-7.8%
£7,382,798 £6,807,551
-
Net assets
0%
£2 £2
-
Employees
+10.8%
93 103
highest in 6 filed years
-
Operating profit
+22.2%
£5,502,111 £6,721,943
highest in 4 filed years
-
Profit before tax
+22.3%
£5,520,526 £6,751,249
highest in 6 filed years
-
Wages
+13.1%
£3,086,682 £3,491,026
highest in 6 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 | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | 26.8% | 24.0% | — | — | 22.9% | 24.9% | |
| Net margin | — | 21.7% | 20.1% | — | — | 18.1% | 18.8% | |
| Current ratio | — | — | — | — | — | 1.00x | 1.00x |
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
- TOW-TRUST TOWBARS LIMITED 2007-09-04 → present
- TOWTRUST TOWBARS LIMITED 2007-03-05 → 2007-09-04
- ABLE TOWING LIMITED 1991-10-02 → 2007-03-05
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Leonard Wilson & Co
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors are satisfied that the company can continue to prepare the accounts on a going concern basis.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. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MILLER, Elaine | Secretary | 1991-10-02 | — | British |
| MILLER, Alan James | Director | 2012-01-01 | Aug 1984 | British |
| MILLER, Elaine | Director | 1991-10-02 | Feb 1956 | British |
| MILLER, Ian | Director | 1991-10-02 | Aug 1953 | British |
| MILLER, Thomas Christopher | Director | 2012-01-01 | Nov 1985 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1991-10-02 | 1991-10-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Thomas Christopher Miller | Individual | Significant influence | 2025-11-12 | Active |
| Mr Ian Miller | Individual | Significant influence | 2017-05-10 | Ceased 2025-11-12 |
Filing timeline
Last 20 of 97 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-31 | AA | accounts | Accounts with accounts type full | |
| 2025-11-12 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-11-12 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-12 | CH01 | officers | Change person director company with change date | |
| 2025-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-19 | AA | accounts | Accounts with accounts type full | |
| 2024-09-13 | CH01 | officers | Change person director company with change date | |
| 2024-09-13 | CH01 | officers | Change person director company with change date | |
| 2024-09-13 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-29 | AA | accounts | Accounts with accounts type full | |
| 2023-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-13 | AA | accounts | Accounts with accounts type full | |
| 2022-05-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-22 | AA | accounts | Accounts with accounts type full | |
| 2021-05-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-30 | AA | accounts | Accounts with accounts type full | |
| 2020-06-30 | AA | accounts | Accounts with accounts type full | |
| 2020-05-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-06-20 | AA | accounts | Accounts with accounts type small |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.