ABLE TOWING LIMITED
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Next accounts due
2027-06-30 (in 1y)
Last filed for 2025-09-30
Confirmation statement due
2026-06-18 (in 1mo)
Last made up 2025-06-04
Watchouts
Cash
£14M
+6.9% highest in 7 filed years
Net assets
£20M
+7.6% vs 2024
Employees
103
+10.8% vs 2024
Profit before tax
£7M
+25% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
7-year trend · vs Real Estate median
Accounts
7-year trend · latest reflected 2025-09-30
| Metric | Trend | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £23,987,870 | £26,954,962 | |
| Operating profit | — | — | — | — | — | £5,621,239 | £7,057,335 | |
| Profit before tax | — | — | — | — | — | £5,761,632 | £7,199,950 | |
| Net profit | — | — | — | — | — | £4,321,223 | £5,399,962 | |
| Cash | £3,108,087 | £8,000,138 | £6,474,508 | £6,018,509 | £8,545,605 | £12,747,937 | £13,630,425 | |
| Total assets less current liabilities | — | — | — | — | — | £19,044,160 | £20,413,109 | |
| Net assets | — | — | — | — | — | £18,322,654 | £19,722,616 | |
| Equity | — | — | — | £18,115,955 | £18,000,431 | £18,322,654 | £19,722,616 | |
| Average employees | — | — | — | — | — | 93 | 103 | |
| Wages | — | — | — | — | — | £3,086,682 | £3,491,026 | |
| Directors' remuneration | — | — | — | — | — | — | — |
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
FY2024 → FY2025 · period ending 2025-09-30 vs 2024-09-30
-
Turnover
+12.4%
£23,987,870 £26,954,962
-
Cash
+6.9%
£12,747,937 £13,630,425
highest in 7 filed years
-
Net assets
+7.6%
£18,322,654 £19,722,616
-
Employees
+10.8%
93 103
-
Operating profit
+25.5%
£5,621,239 £7,057,335
-
Profit before tax
+25%
£5,761,632 £7,199,950
-
Wages
+13.1%
£3,086,682 £3,491,026
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 | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 23.4% | 26.2% | |
| Net margin | — | — | — | — | — | 18.0% | 20.0% | |
| Return on capital employed | — | — | — | — | — | 29.5% | 34.6% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 28.9% | 28.1% | |
| Current ratio | — | — | — | — | — | 2.80x | 2.95x |
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
- ABLE TOWING LIMITED 2007-03-05 → present
- TOW TRUST TOWBARS LIMITED 2000-03-30 → 2007-03-05
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Leonard Wilson & Co
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the group and parent company have adequate resources to continue in operational existence for the foreseeable future.”
Group structure
- ABLE TOWING LIMITED · parent
- Tow-Trust Towbars Limited 100%
Significant events
- “The group's turnover increased from £23,987,870 in 2024 to £26,954,962 for this financial year.”
- “The group's profit before tax amounted to £7,199,950 compared to £5,761,632 in the previous year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MILLER, Elaine | Secretary | 2000-04-07 | — | British |
| MILLER, Alan James | Director | 2012-01-01 | Aug 1984 | British |
| MILLER, Elaine | Director | 2000-04-07 | Feb 1956 | British |
| MILLER, Ian | Director | 2000-04-07 | Aug 1953 | British |
| MILLER, Thomas Christopher | Director | 2012-01-01 | Nov 1985 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CREDITREFORM SECRETARIES LIMITED | Corporate Nominee Secretary | 2000-03-30 | 2000-04-07 |
| CREDITREFORM LIMITED | Corporate Nominee Director | 2000-03-30 | 2000-04-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Alan James Miller | Individual | Shares 25–50%, Voting 25–50% | 2026-04-22 | Active |
| Mr Thomas Christopher Miller | Individual | Shares 25–50%, Voting 25–50% | 2025-11-12 | Active |
| Mr Ian Miller | Individual | Significant influence | 2017-05-10 | Ceased 2025-11-12 |
Filing timeline
Last 20 of 84 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-27 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-04-27 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-03-31 | AA | accounts | Accounts with accounts type group | |
| 2025-11-12 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-11-12 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-12 | CH01 | officers | Change person director company with change date | |
| 2025-06-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-19 | AA | accounts | Accounts with accounts type group | |
| 2024-09-13 | CH01 | officers | Change person director company with change date | |
| 2024-09-13 | CH01 | officers | Change person director company with change date | |
| 2024-09-12 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-06-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-29 | AA | accounts | Accounts with accounts type group | |
| 2023-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-13 | AA | accounts | Accounts with accounts type group | |
| 2022-06-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-22 | AA | accounts | Accounts with accounts type group | |
| 2021-06-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-30 | AA | accounts | Accounts with accounts type group | |
| 2020-06-30 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- 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.