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Cash

£4.1m

-16.7% vs 2024

Net assets

£9.3m

+11.2% highest in 3 filed years

Employees

77

-8.3% lowest in 3 filed years

Profit before tax

£1.6m

+51.3% vs 2024

Watch the reel

Our short-form breakdown of SEVEN ASSET LIMITED's latest filing

Seven Asset Management doubled its operating profit by cutting overheads and walking away from bad contracts. But a massive jump in the tax rate meant none of it reached the bottom line. 🚛📊

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30

Metric Trend 2023-09-302024-09-302025-09-30 Δ vs prior
Turnover £58,226,315£53,303,334£55,046,382 +3.3%
Operating profit £2,144,324£502,775£1,129,778 +124.7%
Profit before tax £2,833,301£1,053,334£1,593,540 +51.3%
Net profit £2,118,501£919,481£941,898 +2.4%
Cash £4,049,614£4,954,021£4,128,650 -16.7%
Total assets less current liabilities £51,330,185£42,726,261£36,165,681 -15.4%
Net assets £7,452,440£8,371,925£9,312,795 +11.2%
Equity £7,452,440£8,371,925£9,312,795 +11.2%
Average employees 798477 -8.3%
Wages £3,638,406£3,793,354£3,339,742 -12%
Directors' remuneration £1,463,139£1,039,437£967,650 -6.9%
Directors' pension contributions £369,600£95,417£37,750 -60.4%
Highest paid director £252,784£222,887£229,403 +2.9%

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 2023-09-302024-09-302025-09-30
Operating margin 3.7%0.9%2.1%
Net margin 3.6%1.7%1.7%
Return on capital employed 4.2%1.2%3.1%
Gearing (liabilities / total assets) 89.7%87.2%84.2%
Current ratio 0.65x0.61x0.64x
Interest cover ——65.38x

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

  1. SEVEN ASSET LIMITED 1998-07-20 → present
  2. SA LIMITED 1997-07-22 → 1998-07-20

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Ensors
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

  1. SEVEN ASSET LIMITED · parent
    1. Used Trucks Limited 100%
    2. Used Containers Limited
    3. Used Vans Limited

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

4 active · 20 resigned

Name Role Appointed Born Nationality
DUNNETT, Jacqueline Hazel Director 2011-09-01 Jul 1960 British
DUNNETT, Lucy Victoria Director 2021-08-18 Sep 1994 British
HALL, Chris Director 2018-07-24 Dec 1965 British
JOY, Anthony Peter John Director 2018-07-24 Jun 1957 British
Show 20 resigned officers
Name Role Appointed Resigned
COOPER, Michael David Secretary 2005-04-18 2014-10-31
DUNNETT, Warwick Richard Secretary 1998-07-22 1998-09-15
HARMAN, Mark Secretary 2014-10-31 2022-02-28
SAMS, Mark Andrew Secretary 1998-09-15 2005-04-18
WHATLEY, Michael Secretary 1997-07-22 1998-01-26
L.C.I. SECRETARIES LIMITED Corporate Nominee Secretary 1997-07-22 1997-07-22
CLARK, David Charles Director 1997-07-22 1998-01-26
COLE, Stephen Terry Director 2005-04-04 2020-09-30
COOPER, Michael David Director 2005-04-18 2014-10-31
DUNNETT, Roy Victor Director 1998-09-15 2024-06-26
DUNNETT, Thomas Victor Director 2020-06-30 2025-02-15
DUNNETT, Warwick Richard Director 1997-09-01 2019-12-31
FORMAN, Timothy Director 1997-09-01 2020-09-30
FORSDYKE, Michael Director 2005-02-04 2021-02-28
HARMAN, Mark Director 2018-07-24 2022-02-28
MELLON, Marc Director 2016-10-01 2020-11-26
SAMS, Mark Andrew Director 1998-09-15 2005-11-11
SMITH, James William Director 2018-07-24 2022-01-10
WOODLEY, Peter Director 2020-06-30 2022-03-25
L.C.I. DIRECTORS LIMITED Corporate Nominee Director 1997-07-22 1997-07-22

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Roy Victor Dunnett Individual Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 227 total filings

Date Type Category Description
2026-08-25 AA accounts Accounts with accounts type group PDF
2026-07-22 CS01 confirmation-statement Confirmation statement with updates PDF
2025-07-22 AA accounts Accounts with accounts type group
2025-07-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-07 TM01 officers Termination director company with name termination date PDF
2024-09-02 MR04 mortgage Mortgage satisfy charge full PDF
2024-07-22 CS01 confirmation-statement Confirmation statement with updates PDF
2024-07-19 AA accounts Accounts with accounts type group PDF
2024-06-27 TM01 officers Termination director company with name termination date PDF
2024-01-16 CH01 officers Change person director company with change date PDF
2024-01-03 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2023-09-21 MR04 mortgage Mortgage satisfy charge full PDF
2023-09-21 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2023-09-07 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2023-09-01 MR04 mortgage Mortgage satisfy charge full PDF
2023-07-31 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-06-16 AA accounts Accounts with accounts type group
2023-06-16 MR04 mortgage Mortgage satisfy charge full PDF
2022-07-25 CH01 officers Change person director company with change date PDF
2022-07-25 CS01 confirmation-statement Confirmation statement with updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page