PRESTON INNOVATIONS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-28 (in 9mo)
Last made up 2026-02-14
Watchouts
None on the register
Cash
£214K
-79.1% lowest in 3 filed years
Net assets
£19M
+14.1% vs 2023
Employees
46
-41% vs 2023
Profit before tax
£3M
+891% vs 2023
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £27,408,033 | £22,369,197 | |
| Operating profit | — | -£361,567 | £3,258,333 | |
| Profit before tax | — | -£406,927 | £3,218,602 | |
| Net profit | — | -£419,559 | £2,377,342 | |
| Cash | £2,926,945 | £1,023,301 | £214,178 | |
| Total assets less current liabilities | — | £17,279,055 | £19,430,489 | |
| Net assets | — | £16,807,067 | £19,184,409 | |
| Equity | £17,226,626 | £16,807,067 | £19,184,409 | |
| Average employees | — | 78 | 46 | |
| Wages | — | £2,361,403 | £1,728,540 | |
| Directors' remuneration | — | £0 | £0 |
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
-18.4%
£27,408,033 £22,369,197
-
Cash
-79.1%
£1,023,301 £214,178
lowest in 3 filed years
-
Net assets
+14.1%
£16,807,067 £19,184,409
-
Employees
-41%
78 46
-
Operating profit
+1,001.2%
-£361,567 £3,258,333
-
Profit before tax
+891%
-£406,927 £3,218,602
-
Wages
-26.8%
£2,361,403 £1,728,540
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 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | -1.3% | 14.6% | |
| Net margin | — | -1.5% | 10.6% | |
| Return on capital employed | — | -2.1% | 16.8% | |
| Gearing (liabilities / total assets) | — | 26.6% | 20.6% | |
| Current ratio | — | 3.79x | 4.75x | |
| Interest cover | — | -7.97x | 82.01x |
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
- PRESTON INNOVATIONS LIMITED 1997-04-01 → present
- STACKVAIN LIMITED 1997-02-14 → 1997-04-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the consideration of financing facilities, and after modelling of severe but plausible scenarios on forecasted cash flows and considering the progress of the Company, the directors have a reasonable expectation that the Company will be able to execute their plans such that they will have adequate resources to continue in operational existence for the foreseeable future and for a period of at least 12 months from the date of approval of these financial statements. The Company is also part of a cash pooling arrangement with the wider Rather Outdoors Group and the directors have sought assurances that cash remitted to Group can be returned should the need arise in the future.”
Significant events
- “This year saw a return to more standard trading as the restructuring of the prior year was completed.”
- “In Q1 2025 the United States imposed new tariffs on goods entering the US market.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCSPADDEN, Shaun Michael | Director | 2021-11-22 | Apr 1975 | British |
| QUINN, Gary | Director | 2023-08-08 | Jun 1982 | British |
| WATERMAN, Lisa | Director | 2023-04-20 | Jun 1978 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PRESTON, David | Secretary | 2004-10-31 | 2013-01-01 |
| PRESTON, Kim Lissa | Secretary | 1997-05-28 | 2004-11-05 |
| THOMPSON, Sara | Secretary | 1997-03-12 | 1997-05-28 |
| WING, Clifford Donald | Secretary | 1997-02-14 | 1997-03-12 |
| ASTLEY, Ian Peter | Director | 2021-06-09 | 2023-02-16 |
| DAVIES, Ian | Director | 1997-03-12 | 1997-05-28 |
| HILLENBRAND, James Gregory | Director | 2019-05-15 | 2021-02-10 |
| OLDHAM, Sara Elizabeth | Director | 2009-07-01 | 2021-06-09 |
| PARDUCCI, Silvano Stefano | Director | 2014-09-30 | 2019-04-09 |
| PHOENIX, Sarah | Director | 2008-05-20 | 2014-08-15 |
| PONTIUS, William Jeffrey | Director | 2014-09-30 | 2018-06-15 |
| PRESTON, David | Director | 1997-05-28 | 2014-09-30 |
| PRESTON, Kim Lissa | Director | 1999-05-26 | 2004-10-31 |
| REEVES, Paul | Director | 2021-06-09 | 2023-09-29 |
| SMITS, Steven | Director | 2018-10-11 | 2021-06-09 |
| TEALE, Richard | Director | 2017-06-15 | 2018-08-03 |
| TEALE, Richard | Director | 2003-12-04 | 2010-10-19 |
| WATRY, Carl | Director | 2020-04-21 | 2021-02-10 |
| BONUSWORTH LIMITED | Corporate Director | 1997-02-14 | 1997-03-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Wc Bradley / Zebco Holdings Inc. | Corporate entity | Shares 75–100%, Appoints directors, significant-influence-or-control-as-firm | 2016-04-06 | Ceased 2021-02-10 |
Filing timeline
Last 20 of 139 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-24 | AA | accounts | Accounts with accounts type full | |
| 2025-04-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-02 | AA | accounts | Accounts with accounts type full | |
| 2024-05-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-03-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-23 | AA | accounts | Accounts with accounts type full | |
| 2023-10-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-26 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-08-15 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-20 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-02-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-26 | AA | accounts | Accounts with accounts type full | |
| 2022-02-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-01-24 | AP01 | officers | Appoint person director company with name date | |
| 2021-09-23 | AA | accounts | Accounts with accounts type full | |
| 2021-06-09 | TM01 | officers | Termination director company with name termination date | |
| 2021-06-09 | TM01 | officers | Termination director company with name termination date | |
| 2021-06-09 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.