NEEDWOOD FOODS LIMITED
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Cash
£1.3m
+2.2% vs 2023
Net assets
£6m
+19% vs 2023
Employees
5
0% vs 2023
Profit before tax
£645k
+14.6% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £24,129,785 | £30,838,427 | +27.8% | |
| Operating profit | £562,651 | £645,545 | +14.7% | |
| Profit before tax | £562,651 | £645,053 | +14.6% | |
| Net profit | £441,742 | £480,906 | +8.9% | |
| Cash | £1,314,638 | £1,343,000 | +2.2% | |
| Total assets less current liabilities | £5,006,129 | £5,959,567 | +19% | |
| Net assets | £5,006,129 | £5,959,567 | +19% | |
| Equity | £5,006,129 | £5,959,567 | +19% | |
| Average employees | 5 | 5 | 0% | |
| Wages | £234,282 | £284,690 | +21.5% | |
| Directors' remuneration | £80,258 | £96,422 | +20.1% |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 2.3% | 2.1% | |
| Net margin | 1.8% | 1.6% | |
| Return on capital employed | 11.2% | 10.8% | |
| Current ratio | 2.65x | 2.48x |
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
- TC Group
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements are prepared on a going concern basis which the Directors believe to be appropriate. Profit and loss and cash flow forecasts prepared by the Directors for the foreseeable future, which assume the ongoing availability of financial facilities and taking account of reasonably possible changes in trading performance, indicate that the company should have adequate resources to continue in operational existence. Thus the Directors continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Significant events
- “At the balance sheet date, a financial guarantee of £40,000 existed in favour of HMRC relating to the Company's duty deferment account. Full recourse is to the Company in the event of default.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WILLIAMS, John Harvey | Secretary | 2008-03-31 | — | British |
| BAVESTER, Fiona Elisabeth | Director | 2005-06-03 | Sep 1968 | British |
| WILLIAMS, John Harvey | Director | 1997-06-04 | Aug 1939 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WILLIAMS, Susan Margaret | Secretary | 1997-06-04 | 2008-03-31 |
| ASHBURTON REGISTRARS LIMITED | Corporate Nominee Secretary | 1997-06-03 | 1997-06-04 |
| AR NOMINEES LIMITED | Corporate Nominee Director | 1997-06-03 | 1997-06-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Needwood Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-05-16 | Active |
Filing timeline
Last 20 of 92 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-01 | AA | accounts | Accounts with accounts type full | |
| 2025-06-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-14 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-10-03 | AA | accounts | Accounts with accounts type full | |
| 2024-06-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-04 | AA | accounts | Accounts with accounts type full | |
| 2023-06-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-07 | AA | accounts | Accounts with accounts type full | |
| 2022-06-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-27 | AA | accounts | Accounts with accounts type full | |
| 2021-06-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-20 | AA | accounts | Accounts with accounts type full | |
| 2020-06-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-03-06 | AD01 | address | Change registered office address company with date old address new address | |
| 2019-10-03 | AA | accounts | Accounts with accounts type full | |
| 2019-06-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-10-09 | AA | accounts | Accounts with accounts type full | |
| 2018-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2017-10-06 | AA | accounts | Accounts with accounts type full | |
| 2017-06-07 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- 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.