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Cash

£35m

-18.1% lowest in 3 filed years

Net assets

£161m

+6.9% highest in 3 filed years

Employees

549

-3.9% lowest in 3 filed years

Profit before tax

£16m

+148.9% highest in 3 filed years

Accounts

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

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £361,871,000£337,190,000£351,062,000 +4.1%
Operating profit £12,415,000£3,711,000£13,433,000 +262%
Profit before tax £14,419,000£6,340,000£15,782,000 +148.9%
Net profit £9,239,000£3,782,000£9,580,000 +153.3%
Cash £53,208,000£43,111,000£35,291,000 -18.1%
Total assets less current liabilities £161,444,000£165,450,000£169,717,000 +2.6%
Net assets £148,353,000£150,942,000£161,313,000 +6.9%
Equity £148,353,000£150,942,000£161,313,000 +6.9%
Average employees 572571549 -3.9%
Wages £35,378,000£36,868,000£36,238,000 -1.7%
Directors' remuneration £899,000£603,000£627,000 +4%

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 2023-12-312024-12-312025-12-31
Operating margin 3.4%1.1%3.8%
Net margin 2.6%1.1%2.7%
Return on capital employed 7.7%2.2%7.9%
Gearing (liabilities / total assets) 42.9%39.1%35.2%
Current ratio 2.29x2.54x2.75x
Interest cover 22.57x6.51x17.61x

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.

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Company returned to revenue growth in 2025 following a decline in 2024, which was the first decrease in over nine years. The Company has net current assets of £138.8m (2024: £126.8m) at 31 December 2025, a profit before tax of £15.8m in 2025 (2024: £6.3m) and a net cash position of £35.3m (2024: £43.1m). There are no significant contingent liabilities nor significant changes of structure of assets or liabilities for the company going forward. As part of a large trading group, the company has full access to the group cash pooling, which can provide sufficient support if required in terms of intercompany loans and other overdraft facilities. In reviewing the Company's current position and circumstances, the Directors have projected future profitability and have forecasted future cashflows for a period of at least 12 months from the date of approval of these financial statements, taking into account the potential impact of external factors including uncertain monetary policies, and the geopolitical tension and trade tariffs. The Directors also consider the company's liquidity position for working capital and for future investments, any loans payable or receivable and its maturity. Based on this assessment, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least 12 months from the date of signing these financial statements. Thus the Directors continue to adopt the going concern basis in preparing the annual financial statements.”

Significant events

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

People

2 active · 25 resigned

Name Role Appointed Born Nationality
CHUNG, Sukwoo Director 2022-05-27 Jan 1976 South Korean
LEE, Sanghun Director 2023-12-27 Feb 1967 South Korean
Show 25 resigned officers
Name Role Appointed Resigned
IM, Jong Cheel Secretary 2017-01-23 2021-12-15
KIM, In Jong Secretary 2004-02-20 2007-03-01
KIM, Jinbok Secretary 2012-12-11 2015-12-31
LEE, Eun Taik Secretary 2007-03-01 2010-01-29
LEE, Jaehan Secretary 2016-01-05 2017-01-23
MOON, Jeong Soo Secretary 2010-01-29 2012-12-11
OH, Gyubong Secretary 2000-03-30 2004-02-20
SUH, Jae Il Secretary 2021-12-15 2023-12-08
SWIFT INCORPORATIONS LIMITED Corporate Nominee Secretary 2000-03-30 2000-03-30
IM, Jongcheel Director 2017-01-23 2021-12-15
KIM, Dong Kyu Director 2018-06-01 2022-06-22
KIM, Dong Ho Director 2011-11-01 2014-04-14
KIM, In Jong Director 2004-02-20 2007-03-01
KIM, Jinbok Director 2012-12-11 2015-12-31
LEE, Eun Taik Director 2007-03-01 2010-01-29
LEE, Jaehan Director 2016-01-05 2017-01-23
LEE, Jang Han Director 2007-02-01 2011-11-01
LEE, Junho Director 2014-04-14 2018-06-01
MOON, Jeong Soo Director 2010-01-29 2012-12-11
MOON, Sang Don Director 2005-02-09 2007-02-01
OH, Gyubong Director 2000-03-30 2004-02-20
PARK, Jaehyeon Director 2000-03-30 2005-02-09
PARK, Youkeun Director 2000-03-30 2002-01-15
SUH, Jae Il Director 2021-12-15 2023-12-08
INSTANT COMPANIES LIMITED Corporate Nominee Director 2000-03-30 2000-03-30

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 129 total filings

Date Type Category Description
2026-07-16 AA accounts Accounts with accounts type full
2026-03-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-08-18 AA accounts Accounts with accounts type full
2025-03-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-10-11 AA accounts Accounts with accounts type full
2024-03-01 CS01 confirmation-statement Confirmation statement with updates PDF
2024-01-03 AP01 officers Appoint person director company with name date PDF
2023-12-21 TM02 officers Termination secretary company with name termination date PDF
2023-12-21 TM01 officers Termination director company with name termination date PDF
2023-10-06 AA accounts Accounts with accounts type full
2023-04-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-09-30 AA accounts Accounts with accounts type full
2022-07-04 TM01 officers Termination director company with name termination date PDF
2022-06-01 AP01 officers Appoint person director company with name date PDF
2022-05-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-12-31 AP01 officers Appoint person director company with name date PDF
2021-12-31 AP03 officers Appoint person secretary company with name date PDF
2021-12-31 TM01 officers Termination director company with name termination date PDF
2021-12-31 TM02 officers Termination secretary company with name termination date PDF
2021-12-14 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

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