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Cash

£47k

-60.3% vs 2024

Net assets

£1.3m

+3.1% highest in 6 filed years

Employees

36

+2.9% highest in 6 filed years

Profit before tax

£235k

-8.5% lowest in 4 filed years

Accounts

6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31 Δ vs prior
Turnover ——£10,289,283£11,704,247£11,547,655£12,024,293 +4.1%
Operating profit ——£559,209£992,934£486,896£507,247 +4.2%
Profit before tax ——£473,283£766,261£256,396£234,507 -8.5%
Net profit ——£401,934£549,610£195,080£268,479 +37.6%
Cash £2,706£1,962£83,213£129,571£119,526£47,440 -60.3%
Total assets less current liabilities £1,194,676£1,512,180£1,821,580£2,872,967£3,131,159£2,756,306 -12%
Net assets £973,277£850,900£1,032,834£1,314,944£1,288,024£1,327,653 +3.1%
Equity £973,277£850,900£1,032,834£1,314,944£1,288,024£1,327,653 +3.1%
Average employees 273134333536 +2.9%
Wages ——£1,357,569£1,443,397£1,490,127£1,478,924 -0.8%
Directors' remuneration ——£22,437£24,249£22,204£22,619 +1.9%

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 2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating margin ——5.4%8.5%4.2%4.2%
Net margin ——3.9%4.7%1.7%2.2%
Return on capital employed ——30.7%34.6%15.6%18.4%
Gearing (liabilities / total assets) 70.8%78.4%81.2%79.1%81.4%80.7%
Current ratio ———0.56x0.63x0.59x
Interest cover ——6.51x4.38x2.11x1.86x

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. SUNDOWN PRODUCTS LIMITED 2003-10-27 → present
  2. SUNDOWN STRAW PRODUCTS LTD 1999-12-14 → 2003-10-27

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
PEM 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”

Significant events

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

People

2 active · 9 resigned

Name Role Appointed Born Nationality
CUBITT, David Antony Director 2004-12-29 Jul 1966 British
CUBITT, Rachel Mary Director 2005-12-12 Jul 1969 British
Show 9 resigned officers
Name Role Appointed Resigned
CUBITT, David Antony Secretary 2004-12-29 2017-05-12
MACSWINEY, Michael Secretary 2017-05-12 2025-03-19
NUNN, Michael John Secretary 1999-12-16 2001-12-03
NUNN, Monica Helen Secretary 2001-12-03 2004-12-29
SWIFT INCORPORATIONS LIMITED Corporate Nominee Secretary 1999-12-14 1999-12-14
NUNN, David Maurice Director 1999-12-16 2005-12-12
NUNN, Michael John Director 1999-12-16 2000-03-03
NUNN, Monica Helen Director 2001-12-03 2004-12-29
INSTANT COMPANIES LIMITED Corporate Nominee Director 1999-12-14 1999-12-14

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr David Antony Cubitt Individual Shares 25–50% 2016-04-29 Active
Mrs Rachel Mary Cubitt Individual Shares 25–50%, Voting 25–50% 2016-04-06 Active

Filing timeline

Last 20 of 97 total filings

Date Type Category Description
2026-09-30 AA accounts Accounts with accounts type full PDF
2026-06-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-30 AA accounts Accounts with accounts type full PDF
2025-03-27 CS01 confirmation-statement Confirmation statement with updates PDF
2025-03-27 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2025-03-19 TM02 officers Termination secretary company with name termination date PDF
2025-01-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-30 AA accounts Accounts with accounts type full PDF
2024-02-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-06-13 AA accounts Accounts with accounts type total exemption full PDF
2023-02-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-09-15 AA accounts Accounts with accounts type total exemption full PDF
2022-02-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-10-01 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2021-05-07 AA accounts Accounts with accounts type total exemption full PDF
2021-02-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-09-30 AA accounts Accounts with accounts type total exemption full
2020-01-21 CS01 confirmation-statement Confirmation statement with updates PDF
2019-09-10 AA accounts Accounts with accounts type total exemption full
2019-05-02 MR04 mortgage Mortgage satisfy charge full 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