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Next accounts due

2027-04-30 (in 11mo)

Last filed for 2025-03-31

Confirmation statement due

2027-01-16 (in 8mo)

Last made up 2026-01-02

Watchouts

1 item

Cash

£2M

-8.9% vs 2024

Net assets

£2M

-43.2% vs 2024

Employees

47

+2.2% vs 2024

Profit before tax

£262K

-82.6% lowest in 3 filed years

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

6-year trend · latest reflected 2025-03-31

Metric Trend 2020-03-312021-03-312022-03-312023-03-312024-03-312025-03-31
Turnover £17,599,276£18,396,359£20,097,486
Operating profit £1,522,041£764,522
Profit before tax £1,455,833£1,510,420£262,415
Net profit £1,196,453£1,122,452£258,918
Cash £1,774£1,368,606£2,155,461£1,964,270
Total assets less current liabilities £1,483,335£3,113,838£3,799,545£4,556,993
Net assets £1,339,989£2,926,025£3,598,477£2,044,633
Equity £1,339,989£1,589,044£2,179,570£2,926,025£3,598,477£2,044,633
Average employees 46494647
Wages £1,408,128£1,469,423£1,764,423
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 2025-03-31 vs 2024-03-31

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 2020-03-312021-03-312022-03-312023-03-312024-03-312025-03-31
Operating margin 8.3%3.8%
Net margin 6.8%6.1%1.3%
Return on capital employed 40.1%16.8%
Current ratio 1.84x2.05x
Interest cover 130.97x22.80x

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 102
Reporting scope
Standalone (parent only)
Auditor
LHP Audit Ltd
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The Directors have assessed the prospects of the Company over a period of at least 12 months after the date of approval of these financial statements. The Directors have considered cash flow forecasts, forecast financial performance taking account of reasonably possible downsides, and the Company's commitments and obligations. The Company has immediate access to cash from its intermediate parent, Wolseley Group Limited, should it be required and Wolseley Group Limited has indicated its intention via a letter of support to continue to make available such funds as is needed by the Company for the period covered by the forecasts, and the Directors have reviewed the financial forecasts of Wolseley Group Limited to confirm this to be the case if it was required. Consequently, the Directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Significant events

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

People

3 active · 7 resigned

Name Role Appointed Born Nationality
BERARD, Patrick Louis Jean Director 2026-03-27 Apr 1953 French
RANDLE, Nicky Paul Director 2025-01-13 Feb 1984 British
THOMAS, Nicola Director 2025-01-13 Jan 1976 British
Show 7 resigned officers
Name Role Appointed Resigned
HOWELL, Nigel John Secretary 2003-01-08 2025-01-13
SWIFT INCORPORATIONS LIMITED Corporate Nominee Secretary 2003-01-08 2003-01-08
CLEVERLEY, Michael Director 2003-01-08 2025-01-13
GRAY, Simon Director 2025-01-13 2025-09-30
HOWELL, Nigel John Director 2003-01-08 2025-01-13
KENNEY, Gregory David Director 2007-02-26 2008-10-17
THOMAS, Paul Anthony Director 2003-01-08 2025-01-13

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Wolseley Uk Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-01-13 Active
Mr Nigel John Howell Individual Shares 25–50% 2016-04-06 Ceased 2025-01-13
Mr Michael Cleverley Individual Shares 25–50% 2016-04-06 Ceased 2025-01-13
Blue Bay Consolidated Investments Limited Corporate entity Shares 25–50% 2016-04-06 Ceased 2022-01-26

Filing timeline

Last 20 of 89 total filings

Date Type Category Description
2026-03-30 AP01 officers Appoint person director company with name date PDF
2026-01-08 CS01 confirmation-statement Confirmation statement with updates PDF
2025-12-31 AA accounts Accounts with accounts type full
2025-11-24 TM01 officers Termination director company with name termination date PDF
2025-08-06 AA01 accounts Change account reference date company current extended PDF
2025-03-10 AD01 address Change registered office address company with date old address new address PDF
2025-01-23 AP01 officers Appoint person director company with name date PDF
2025-01-22 AP01 officers Appoint person director company with name date PDF
2025-01-21 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-01-21 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-01-21 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-01-21 TM01 officers Termination director company with name termination date PDF
2025-01-21 TM01 officers Termination director company with name termination date PDF
2025-01-21 TM01 officers Termination director company with name termination date PDF
2025-01-21 TM02 officers Termination secretary company with name termination date PDF
2025-01-21 AP01 officers Appoint person director company with name date PDF
2025-01-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-12-10 MR04 mortgage Mortgage satisfy charge full PDF
2024-10-31 AA accounts Accounts with accounts type full PDF
2024-01-02 CS01 confirmation-statement Confirmation statement with updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page