NSF WALES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-04 (in 1y)
Last made up 2026-04-20
Watchouts
None on the register
Cash
£1M
+14.6% vs 2023
Net assets
£5M
+34.9% highest in 4 filed years
Employees
56
+5.7% highest in 4 filed years
Profit before tax
£1M
+85.1% vs 2023
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £5,392,715 | £6,323,183 | |
| Operating profit | — | — | £718,295 | £1,296,446 | |
| Profit before tax | — | — | £665,725 | £1,232,297 | |
| Net profit | £2,159,653 | -£684,299 | £426,774 | £844,016 | |
| Cash | £1,779,531 | £1,925,848 | £1,258,457 | £1,442,283 | |
| Total assets less current liabilities | £6,845,616 | £5,951,377 | £6,357,151 | £7,025,417 | |
| Net assets | -£2,372,349 | £2,813,352 | £3,525,126 | £4,754,392 | |
| Equity | -£2,372,349 | £2,813,352 | £3,525,126 | £4,754,392 | |
| Average employees | 47 | 46 | 53 | 56 | |
| Wages | — | — | £2,569,704 | £2,770,582 | |
| Directors' remuneration | — | — | £133,622 | £194,045 |
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
+17.3%
£5,392,715 £6,323,183
-
Cash
+14.6%
£1,258,457 £1,442,283
-
Net assets
+34.9%
£3,525,126 £4,754,392
highest in 4 filed years
-
Employees
+5.7%
53 56
highest in 4 filed years
-
Operating profit
+80.5%
£718,295 £1,296,446
-
Profit before tax
+85.1%
£665,725 £1,232,297
-
Wages
+7.8%
£2,569,704 £2,770,582
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 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 13.3% | 20.5% | |
| Net margin | — | — | 7.9% | 13.3% | |
| Return on capital employed | — | — | 11.3% | 18.5% | |
| Current ratio | — | — | 2.84x | 2.91x | |
| Interest cover | — | — | 1.46x | 2.78x |
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
- NSF WALES LIMITED 2016-11-29 → present
- NSF-WRC LIMITED 2013-02-25 → 2016-11-29
- WRC - NSF LIMITED 1999-04-20 → 2013-02-25
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Shaw Gibbs (Audit) Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “In 2024, turnover has increased by 17% from £5.4m in 2023 to £6.3m in 2024. The profit before taxes has increased from £0.7m in 2023 to £1.2m in 2024.”
- “The company will continue to scrutinise the core markets it serves with regular strategic reviews, allowing our teams to focus on innovation and developing new services to meet future and ever-changing client needs.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 23 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HUBBARD, Simon | Director | 2023-03-06 | Jan 1960 | British |
| MALKIEWICZ, Jamie | Director | 2026-03-25 | Jun 1991 | American |
Show 23 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHIPPER, Lesley Ann | Secretary | 2011-10-01 | 2020-11-30 |
| MCLINTOCK, Karen Aileen | Secretary | 1999-04-20 | 2011-03-31 |
| BELLAHCENE, Tarik | Director | 2009-04-21 | 2020-05-19 |
| BONTINCK, Koen | Director | 2006-03-09 | 2009-04-21 |
| CHAPMAN, Ronald Eric | Director | 2005-03-09 | 2011-03-31 |
| CHIPPER, Lesley Ann | Director | 2014-12-05 | 2020-11-30 |
| FERGUSON, Robert | Director | 2004-08-16 | 2011-05-11 |
| GRIFFITHS, Anthony Kerr | Director | 2011-03-31 | 2015-03-31 |
| GRIFFITHS, Anthony Kerr | Director | 2003-02-21 | 2010-04-01 |
| HALDER, Alan Kenneth, Dr | Director | 1999-04-20 | 2003-02-21 |
| JOST, Mark | Director | 2002-10-17 | 2004-01-23 |
| LAWLOR, Kevan Paul | Director | 2011-05-11 | 2013-02-13 |
| LAWLOR, Kevan Paul | Director | 2003-11-10 | 2006-03-09 |
| LAWLOR, Kevan B | Director | 1999-07-09 | 2002-10-17 |
| MALING, Guy Quentin | Director | 2003-02-21 | 2005-03-31 |
| MANGINO, Dennis R, Doctor | Director | 1999-07-09 | 2003-09-10 |
| MCLELLAN, Clifton John | Director | 2013-02-13 | 2017-05-23 |
| MOSS, John, Doctor | Director | 1999-07-09 | 2005-03-09 |
| PURKISS, David Richard | Director | 2020-05-19 | 2025-05-30 |
| PURKISS, David | Director | 1999-07-16 | 2003-02-21 |
| RICHARDSON, David Graham | Director | 2014-12-05 | 2016-07-26 |
| TACKETT, Laura | Director | 2023-03-06 | 2026-03-27 |
| WALSH, Michael Patrick | Director | 2017-05-25 | 2023-03-01 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 149 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-07 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-22 | RP01CS01 | confirmation-statement | Replacement filing of confirmation statement with made up date | |
| 2025-12-22 | RP01CS01 | confirmation-statement | Replacement filing of confirmation statement with made up date | |
| 2025-12-15 | RP04AR01 | annual-return | Second filing of annual return with made up date | |
| 2025-12-15 | RP04AR01 | annual-return | Second filing of annual return with made up date | |
| 2025-12-15 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-12-15 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-12-15 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-12-15 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-12-15 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-12-15 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-12-15 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-12-15 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-09-22 | AA | accounts | Accounts with accounts type full | |
| 2025-06-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type small | |
| 2024-04-29 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 18
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
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.