JT CROP LIMITED
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Next accounts due
2026-05-31 (this month)
Last filed for 2024-08-31
Confirmation statement due
2026-05-21 (this month)
Last made up 2025-05-07
Watchouts
Cash
£22M
highest in 4 filed years
Net assets
£45M
highest in 4 filed years
Employees
479
highest in 4 filed years
Profit before tax
£10M
Period ending 2024-08-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Audit opinion: Disclaimer of opinion
Latest auditor's report carried a non-clean opinion.
Net assets
9-year trend · vs Industrials median
Accounts
9-year trend · latest reflected 2024-08-31
| Metric | Trend | 2018-05-31 | 2019-05-31 | 2020-05-31 | 2021-05-31 | 2021-06-01 | 2022-05-31 | 2022-06-01 | 2023-05-31 | 2024-08-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | £111,151,657 | £59,367,086 | |
| Operating profit | — | — | — | — | — | — | — | £16,560,717 | £5,141,846 | |
| Profit before tax | — | — | — | — | — | — | — | £17,764,548 | £10,109,388 | |
| Net profit | — | — | — | — | — | £518,249 | — | £13,399,351 | £8,878,276 | |
| Cash | — | — | — | £1,243,161 | — | £558,246 | — | £6,496,302 | £21,868,943 | |
| Total assets less current liabilities | — | — | — | £5,942,962 | — | £5,886,720 | — | £38,138,268 | £56,499,038 | |
| Net assets | — | — | — | £5,400,604 | — | £5,845,053 | — | £37,369,564 | £44,870,869 | |
| Equity | £2,127,402 | £3,729,602 | £4,639,087 | £5,400,604 | £5,400,604 | £5,845,053 | £5,845,053 | £37,369,564 | £44,870,869 | |
| Average employees | — | — | — | 28 | — | 4 | — | 467 | 479 | |
| Wages | — | — | — | — | — | — | — | £3,395,535 | £5,007,828 | |
| Directors' remuneration | — | — | — | — | — | — | — | £79,992 | £150,810 |
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 2024-08-31 vs 2023-05-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-05-31 | 2019-05-31 | 2020-05-31 | 2021-05-31 | 2021-06-01 | 2022-05-31 | 2022-06-01 | 2023-05-31 | 2024-08-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | 14.9% | 8.7% | |
| Net margin | — | — | — | — | — | — | — | 12.1% | 15.0% | |
| Return on capital employed | — | — | — | — | — | — | — | 43.4% | 9.1% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | — | — | 39.9% | 35.2% | |
| Current ratio | — | — | — | — | — | — | — | 2.23x | 4.60x | |
| Interest cover | — | — | — | — | — | — | — | 80.82x | 2.50x |
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
- JT CROP LIMITED 2024-11-27 → present
- WIDECOVER LIMITED 1998-05-07 → 2024-11-27
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- BKL Audit LLP
- Audit opinion
- Disclaimer of opinion
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis, which assumes that the Company and Group will continue to trade for the foreseeable future, being a period of at least twelve months from the date of approval of these financial statements, and will be able to meet its debts as they fall due.”
Group structure
- JT CROP LIMITED · parent
- Widecover Holdings Limited 100%
- JT Grosvenor Limited 100%
- Cropnosys (India) Pvt. Limited 69.42%
Significant events
- “Subsequent to the year end, a corporate restructuring took place whereby the Group incorporated various other entities part of a related corporate structure. This restructuring has no impact on the financial position of the Group as at the balance sheet date but represents a significant change in the corporate structure and ownership alignment post year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WALIA, Monica | Secretary | 1998-06-01 | — | British |
| SINGH, Gurvinder | Director | 1998-06-01 | May 1963 | British |
| WALIA, Jaitej | Director | 2018-02-01 | Oct 1993 | British |
| WALIA, Monica | Director | 2004-03-22 | Dec 1968 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| RWL REGISTRARS LIMITED | Corporate Nominee Secretary | 1998-05-07 | 1998-06-01 |
| BONUSWORTH LIMITED | Corporate Nominee Director | 1998-05-07 | 1998-06-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Gurvinder Singh | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
| Mrs Monica Walia | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 108 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-11-30 RESOLUTIONS Resolution
- 2024-11-27 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-30 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-04-30 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-04-29 | CH01 | officers | Change person director company with change date | |
| 2026-04-29 | CH01 | officers | Change person director company with change date | |
| 2026-04-29 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-03-26 | CH01 | officers | Change person director company with change date | |
| 2026-03-26 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-03-02 | CH01 | officers | Change person director company with change date | |
| 2026-03-02 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-02-27 | CH01 | officers | Change person director company with change date | |
| 2025-09-08 | AA | accounts | Accounts with accounts type group | |
| 2025-06-24 | CH01 | officers | Change person director company with change date | |
| 2025-06-24 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-06-24 | CH01 | officers | Change person director company with change date | |
| 2025-05-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-07 | SH01 | capital | Capital allotment shares | |
| 2024-11-30 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-27 | CH01 | officers | Change person director company with change date | |
| 2024-11-27 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-11-26 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 16
- Capital events
- 1
- 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.