CULTECH LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-30 (in 10mo)
Last made up 2026-03-16
Watchouts
None on the register
Cash
£262K
-45.9% vs 2023
Net assets
£11M
+5.8% vs 2023
Employees
307
+3.4% vs 2023
Profit before tax
£709K
-46.7% vs 2023
Net assets
7-year trend · vs Consumer Discretionary 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 | — | — | — | — | — | £44,043,801 | £50,001,470 | |
| Operating profit | — | — | — | — | — | £2,217,365 | £1,626,184 | |
| Profit before tax | — | — | — | — | — | £1,330,148 | £709,153 | |
| Net profit | — | — | — | — | — | £1,232,401 | £596,846 | |
| Cash | — | — | — | — | — | £483,849 | £261,894 | |
| Total assets less current liabilities | — | — | — | — | — | £12,262,100 | £12,644,503 | |
| Net assets | — | — | — | — | — | £10,202,769 | £10,799,615 | |
| Equity | £7,343,385 | £7,756,126 | £8,954,073 | — | — | £10,202,769 | £10,799,615 | |
| Average employees | — | — | — | — | — | 297 | 307 | |
| Wages | — | — | — | — | — | £8,980,650 | £10,548,121 | |
| Directors' remuneration | — | — | — | — | — | — | — |
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
+13.5%
£44,043,801 £50,001,470
-
Cash
-45.9%
£483,849 £261,894
-
Net assets
+5.8%
£10,202,769 £10,799,615
-
Employees
+3.4%
297 307
-
Operating profit
-26.7%
£2,217,365 £1,626,184
-
Profit before tax
-46.7%
£1,330,148 £709,153
-
Wages
+17.5%
£8,980,650 £10,548,121
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 | — | — | — | — | — | 5.0% | 3.3% | |
| Net margin | — | — | — | — | — | 2.8% | 1.2% | |
| Return on capital employed | — | — | — | — | — | 18.1% | 12.9% | |
| Current ratio | — | — | — | — | — | 1.43x | 1.53x | |
| Interest cover | — | — | — | — | — | 2.50x | 1.77x |
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 1 time since incorporation
- CULTECH LTD 1997-09-29 → present
- CULTEC LIMITED 1994-03-16 → 1997-09-29
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. In making their assessment the directors have reviewed the balance sheet, the likely future cash flows of the business and have considered the facilities that are in place at the date of signing the report.”
Significant events
- “The year ended 31 December 2024 saw an increase in revenues being achieved of 13.5% to £50.0m. The growth in sales has been achieved against a continued backdrop of global events which continue to impact both the UK and global economies. The increased focus of consumers on their health since the onset of the Covid pandemic has increased demand in the sector which the company serves...”
- “Global events such as the war in the Ukraine, coupled with global inflationary pressures, have impacted upon the business of the company and the wider group of which the company forms a part.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LEARY, Richard Alan | Director | 2025-12-23 | Mar 1971 | British |
| PLUMMER, Nigel Terrance | Director | 1995-03-01 | Jul 1957 | British |
| PLUMMER, Susan Frances, Dr | Director | 1997-04-01 | May 1956 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANDREWS, Susan | Secretary | 1994-03-17 | 1994-09-25 |
| JONATHAN, Raymond Charles | Secretary | 2004-08-31 | 2009-08-28 |
| SEDGWICK, Anne Elizabeth | Secretary | 1994-09-29 | 1998-03-17 |
| SEYMOUR, Anthony William | Secretary | 1997-11-10 | 2004-08-31 |
| JPCORS LIMITED | Corporate Nominee Secretary | 1994-03-16 | 1994-03-16 |
| AUSTIN, Robert Frank | Director | 1996-04-15 | 1997-03-17 |
| JONATHAN, Raymond Charles | Director | 2003-08-01 | 2009-08-28 |
| QUILT, Peter, Dr | Director | 1997-04-30 | 2017-08-13 |
| STIRLING, John Kenneth | Director | 2003-08-01 | 2011-12-31 |
| STIRLING, John Kenneth | Director | 1995-02-01 | 2002-12-06 |
| WARD, Patricia Mary | Director | 1994-03-17 | 1994-10-25 |
| JPCORD LIMITED | Corporate Nominee Director | 1994-03-16 | 1994-03-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Nsjl Ltd | Corporate entity | Shares 75–100% | 2024-09-06 | Active |
| Dr Peter Quilt | Individual | Significant influence | 2017-03-16 | Ceased 2017-08-13 |
| Mr Nigel Terrance Plummer | Individual | Significant influence | 2017-03-16 | Active |
| Dr Susan Frances Plummer | Individual | Significant influence | 2017-03-16 | Active |
Filing timeline
Last 20 of 160 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-03-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-06 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-07-19 | AA | accounts | Accounts with accounts type full | |
| 2024-04-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-04-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-22 | AA | accounts | Accounts with accounts type full | |
| 2023-05-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-05-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-03-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-14 | AA | accounts | Accounts with accounts type full | |
| 2022-04-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-14 | AA | accounts | Accounts with accounts type full | |
| 2021-03-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-03-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2020-09-30 | 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
- 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.