FURROWS HOLDINGS LIMITED
Get an alert when FURROWS HOLDINGS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-29 (this month)
Last made up 2025-05-15
Watchouts
Cash
£3M
+32.4% highest in 6 filed years
Net assets
£36M
+10.3% highest in 6 filed years
Employees
307
+5.1% highest in 6 filed years
Profit before tax
£4M
-17.1% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
10-year trend · vs Real Estate median
Accounts
10-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-01-01 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | — | £118,343,968 | £116,558,171 | |
| Operating profit | — | — | — | — | — | — | — | — | £4,676,184 | £4,200,872 | |
| Profit before tax | — | — | — | — | — | — | — | — | £4,327,108 | £3,585,240 | |
| Net profit | — | £774,550 | — | £812,020 | — | £5,803,539 | — | £1,083,336 | £3,312,702 | £2,481,614 | |
| Cash | — | £129,182 | — | £800,057 | — | -£1,385,060 | — | -£1,057,777 | £2,470,095 | £3,271,155 | |
| Total assets less current liabilities | — | £17,811,514 | — | £21,512,141 | — | £30,790,591 | — | £25,981,198 | £41,475,186 | £44,154,056 | |
| Net assets | — | — | — | — | — | £22,591,374 | — | £23,324,710 | £32,884,290 | £36,267,127 | |
| Equity | £13,652,110 | £14,066,660 | £14,066,660 | £14,878,680 | £14,878,680 | £22,591,374 | £22,591,374 | £23,324,710 | £32,884,290 | £36,267,127 | |
| Average employees | — | 17 | — | 15 | — | 14 | — | 13 | 292 | 307 | |
| Wages | — | — | — | — | — | — | — | — | £8,437,729 | £8,440,660 | |
| Directors' remuneration | — | — | — | — | — | — | — | — | £227,320 | £146,331 |
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
-1.5%
£118,343,968 £116,558,171
-
Cash
+32.4%
£2,470,095 £3,271,155
highest in 6 filed years
-
Net assets
+10.3%
£32,884,290 £36,267,127
highest in 4 filed years
-
Employees
+5.1%
292 307
highest in 6 filed years
-
Operating profit
-10.2%
£4,676,184 £4,200,872
-
Profit before tax
-17.1%
£4,327,108 £3,585,240
-
Wages
0%
£8,437,729 £8,440,660
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 | 2019-01-01 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | 4.0% | 3.6% | |
| Net margin | — | — | — | — | — | — | — | — | 2.8% | 2.1% | |
| Return on capital employed | — | — | — | — | — | — | — | — | 11.3% | 9.5% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | — | — | — | 47.8% | 46.5% | |
| Current ratio | — | — | — | — | — | — | — | — | 1.16x | 1.28x | |
| Interest cover | — | — | — | — | — | — | — | — | 5.55x | 5.92x |
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
- FURROWS HOLDINGS LIMITED 2001-09-13 → present
- MOTOR HOUSE (SHREWSBURY) LIMITED 1996-02-22 → 2001-09-13
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- WR Partners
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors consider that the Group is well placed to continue in line with its business strategy. The Group therefore continues to adopt the going concern basis in preparing its financial statements.”
Group structure
- FURROWS HOLDINGS LIMITED · parent
- Furrows Limited 100%
- Security Investments (Industrial) Limited 100%
- Furrows Properties Limited 100%
Significant events
- “On 2 April 2025 Furrows Limited and Security Investments (Industrial) Limited exited the Furrows Holdings Limited group by way of a capital reduction demerger. This was to facilitate the transfer of the controlling interest of Furrows Limited and Security Investments (Industrial) Limited to an employee ownership trust set up for the benefit of employees in those businesses.”
- “On 1 April 2025 the Group was restructured, with PropCow2024 Limited becoming the ultimate parent undertaking.”
- “On 2 April 2025 Furrows Limited and Security Investments (Industrial) Limited exited the group by way of a capital reduction demerger.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COWARD, Nicholas Ian | Director | 2001-02-26 | Feb 1966 | British |
| DOWNEY, Rachel Mary Jane | Director | 2001-02-26 | Mar 1968 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURGESS, Neil | Secretary | 2020-10-01 | 2025-11-06 |
| COWARD, Arthur John | Secretary | 1999-04-01 | 2000-04-13 |
| GILES, Faye Louise | Secretary | 2017-09-29 | 2020-09-30 |
| MOIR, Ian James | Secretary | 2000-04-13 | 2004-10-08 |
| MOIR, Ian James | Secretary | 1996-02-22 | 1997-12-18 |
| STANTON, Keith Richard | Secretary | 2004-10-07 | 2017-09-29 |
| YAXLEY, Christopher William | Secretary | 1997-12-19 | 1999-04-01 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1996-02-22 | 1996-02-22 |
| COWARD, Arthur John | Director | 1996-02-22 | 2016-04-25 |
| COWARD, Beryl Jane | Director | 1999-04-01 | 2026-05-01 |
| COWARD, Vivien Elizbeth | Director | 2010-01-01 | 2026-05-01 |
| DOWNEY, Wayne Edward | Director | 2010-01-01 | 2026-05-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Propcow2024 Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2025-04-01 | Active |
| Mr Wayne Edward Downey | Individual | Significant influence | 2017-12-31 | Ceased 2019-05-15 |
| Mrs Vivien Coward | Individual | Significant influence | 2017-12-31 | Ceased 2019-05-15 |
| Miss Faye Louise Giles | Individual | Significant influence | 2017-09-29 | Ceased 2017-10-01 |
| Mrs Rachel Mary Jane Downey | Individual | Shares 25–50%, Voting 25–50% | 2017-09-01 | Ceased 2025-04-01 |
| Mr Nicholas Ian Coward | Individual | Shares 25–50%, Voting 25–50% | 2017-09-01 | Ceased 2025-04-01 |
| Mrs Beryl Jane Coward | Individual | Shares 25–50%, Voting 25–50% | 2017-09-01 | Ceased 2024-04-01 |
| Mr Keith Richard Stanton | Individual | Significant influence | 2017-01-01 | Ceased 2017-09-29 |
Filing timeline
Last 20 of 160 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-06 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-06 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-11 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-10-08 | CH01 | officers | Change person director company with change date | |
| 2025-10-07 | CH01 | officers | Change person director company with change date | |
| 2025-10-07 | CH01 | officers | Change person director company with change date | |
| 2025-10-07 | CH01 | officers | Change person director company with change date | |
| 2025-10-07 | CH01 | officers | Change person director company with change date | |
| 2025-10-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-02 | AA | accounts | Accounts with accounts type group | |
| 2025-09-03 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-05-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-04-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 17
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 4
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.