REFLEX LABELS LIMITED
Operating as a subsidiary of Reflex Group Ltd, the company manufactures self-adhesive labels, flexible packaging, and associated printing equipment for a variety of commercial sectors.
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Cash
£847k
+33% highest in 3 filed years
Net assets
£48m
+14.4% highest in 3 filed years
Employees
436
-1.1% lowest in 3 filed years
Profit before tax
£12m
+11.5% highest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-02-28
| Metric | Trend | 2024-02-29 | 2025-02-28 | 2026-02-28 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £90,036,000 | £91,128,000 | £93,368,000 | +2.5% | |
| Operating profit | £11,546,000 | £11,929,000 | £12,514,000 | +4.9% | |
| Profit before tax | £10,293,000 | £10,369,000 | £11,562,000 | +11.5% | |
| Net profit | £8,945,000 | £8,054,000 | £9,015,000 | +11.9% | |
| Cash | £519,000 | £637,000 | £847,000 | +33% | |
| Total assets less current liabilities | £44,078,000 | £50,511,000 | £54,450,000 | +7.8% | |
| Net assets | £36,809,000 | £41,863,000 | £47,878,000 | +14.4% | |
| Equity | £36,809,000 | £41,863,000 | £47,878,000 | +14.4% | |
| Average employees | 458 | 441 | 436 | -1.1% | |
| Wages | £14,679,000 | £15,118,000 | £15,724,000 | +4% | |
| Directors' remuneration | £414,000 | £342,000 | £346,000 | +1.2% | |
| Directors' pension contributions | £28,000 | £35,000 | £22,000 | -37.1% | |
| Highest paid director | £116,000 | £119,000 | £134,000 | +12.6% |
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 | 2024-02-29 | 2025-02-28 | 2026-02-28 |
|---|---|---|---|---|
| Operating margin | 12.8% | 13.1% | 13.4% | |
| Net margin | 9.9% | 8.8% | 9.7% | |
| Return on capital employed | 26.2% | 23.6% | 23.0% | |
| Gearing (liabilities / total assets) | 53.8% | 54.6% | 50.2% | |
| Current ratio | 1.68x | 1.75x | 1.90x | |
| Interest cover | 7.59x | 6.98x | 8.43x |
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 2 times since incorporation
- REFLEX LABELS LIMITED 2007-03-05 → present
- REFLEX LABELS MANSFIELD LTD 2005-10-14 → 2007-03-05
- LABEL VISION LIMITED 1999-02-01 → 2005-10-14
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“As at the date of this report, the Directors have a reasonable expectation that the Company with support of the Group has adequate resources to continue business in the foreseeable future. The Company has therefore continued to adopt a going concern basis.”
Significant events
- “In October 2025, the Group successfully completed a full refinancing of its banking facilities. The new financing structure provides a five year facility with sufficient headroom to support future growth”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JONES, Anthony David | Secretary | 2020-01-10 | — | — |
| BATES, Ian David | Director | 2025-08-28 | Jun 1968 | British |
| CATTELL, Graham | Director | 2025-09-10 | May 1976 | British |
| KENDALL, Ian George | Director | 2005-09-09 | Mar 1965 | British |
| TOMLIN, Gary Adrian | Director | 2020-01-10 | May 1970 | British |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHICK, Lesley Anne | Nominee Secretary | 1999-02-01 | 1999-02-01 |
| LADDS, Graham Ian | Secretary | 2001-08-20 | 2005-09-09 |
| TURNER, John Michael | Secretary | 2005-09-09 | 2020-01-10 |
| YOUNG, John Smithson | Secretary | 1999-02-01 | 2001-08-20 |
| BERGSLAND, Hakon | Director | 1999-02-17 | 2004-03-23 |
| DONOVAN, Robert Charles | Director | 2000-01-01 | 2004-03-23 |
| FREDIN, Gunnel | Director | 2004-03-23 | 2005-09-09 |
| FREDIN, Sten-Inge | Director | 2004-03-23 | 2005-09-09 |
| KENDALL, Ian George | Director | 1999-02-08 | 2001-06-04 |
| MCGURK, Gary John | Director | 2002-09-20 | 2003-07-18 |
| MITCHELL, Kevin | Director | 2005-09-09 | 2014-09-17 |
| REDDING, Diana Elizabeth | Nominee Director | 1999-02-01 | 1999-02-01 |
| SINCLAIR, Stephen William | Director | 2020-01-10 | 2024-04-17 |
| TURNER, John Michael | Director | 2005-09-09 | 2020-01-10 |
| WHITELOCK, George | Director | 2001-08-20 | 2002-09-11 |
| YOUNG, John Smithson | Director | 1999-02-01 | 2001-08-20 |
| YOUNG, Raymond Samuel | Director | 2020-01-10 | 2025-08-28 |
| YOUNG, Violet Rose | Director | 1999-02-01 | 1999-02-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Reflex Group Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 164 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-13 | AA | accounts | Accounts with accounts type full | |
| 2026-01-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-02 | AA | accounts | Accounts with accounts type full | |
| 2025-09-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-29 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-19 | AA | accounts | Accounts with accounts type full | |
| 2024-10-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-04-25 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-30 | AA | accounts | Accounts with accounts type full | |
| 2023-01-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-17 | AA | accounts | Accounts with accounts type full | |
| 2022-09-20 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-01-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-30 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- 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.