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Next accounts due

2027-04-30 (in 11mo)

Last filed for 2025-07-31

Confirmation statement due

2026-11-29 (in 6mo)

Last made up 2025-11-15

Watchouts

None on the register

Cash

£16M

+22.7% vs 2024

Net assets

£73M

+9.7% vs 2024

Employees

243

+4.3% vs 2024

Profit before tax

£13M

+20.5% vs 2024

Accounts

2-year trend · latest reflected 2025-07-31

Metric Trend 2024-07-312025-07-31
Turnover £97,092,000£103,789,000
Operating profit £10,386,000£12,372,000
Profit before tax £10,786,000£12,999,000
Net profit £7,653,000£9,758,000
Cash £12,754,000£15,646,000
Total assets less current liabilities £69,886,000£76,020,000
Net assets £66,702,000£73,147,000
Equity £66,702,000£73,147,000
Average employees 233243
Wages £8,961,000£9,965,000
Directors' remuneration £1,091,000£1,126,000

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 2025-07-31 vs 2024-07-31

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 2024-07-312025-07-31
Operating margin 10.7%11.9%
Net margin 7.9%9.4%
Return on capital employed 14.9%16.3%
Gearing (liabilities / total assets) 20.5%19.8%
Current ratio 2.85x2.85x
Interest cover 1038.60x

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. PATERSON ENTERPRISES LIMITED 2004-01-21 → present
  2. TRUSHELFCO (NO.3002) LIMITED 2003-10-14 → 2004-01-21

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Dyke Yaxley Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Group structure

  1. PATERSON ENTERPRISES LIMITED · parent
    1. Goodall Bates & Todd Limited 100% · UK · Manufacture and distribution of lubricants and associated products
    2. Paterson Lubricants India Private Limited 100% · India · Dormant company
    3. Morris Lubricants Limited 100% · UK · Dormant company
    4. Morris Leisure Limited 100% · UK · Dormant company
    5. Newton Oils Limited 100% · UK · Dormant company
    6. Forward Lubricants Limited 100% · UK · Dormant company
    7. Metcut (Great Britain) Limited 100% · UK · Dormant company
    8. Metcut Limited 100% · UK · Dormant company
    9. Industrial Speciality Lubricants Limited 100% · UK · Dormant company
    10. PEL Pension Trustees Limited 100% · UK · Dormant company
    11. Tribolysis Testing Services Limited 100% · UK · Dormant company
    12. G.B. Lubricants Limited 100% · UK · Dormant company
    13. Morris Oils Limited 100% · UK · Dormant company
    14. Poston Mill Park Limited 100% · UK · Dormant company
    15. Poston Mill Holdings Limited 100% · UK · Dormant company

Significant events

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

People

6 active · 13 resigned

Name Role Appointed Born Nationality
SHELTON, Jane Linda Secretary 2010-07-23
BOOTH, Paul Director 2025-02-01 Jan 1971 British
GODDARD, Andrew James Director 2004-07-19 May 1973 British
GODDARD, Diana Mary Director 2015-05-22 Jan 1945 British
GODDARD, Edward Wyatt Director 2004-07-19 Aug 1970 British
SHELTON, Jane Linda Director 2019-01-02 Oct 1971 British
Show 13 resigned officers
Name Role Appointed Resigned
GODDARD, Andrew James Secretary 2004-03-23 2007-03-01
GUMSLEY, David Peter Secretary 2007-03-01 2010-07-22
TRUSEC LIMITED Corporate Nominee Secretary 2003-10-14 2004-03-23
ALTON, John David Director 2004-07-19 2016-12-05
CRONIN, Padraig Joseph Director 2003-11-26 2004-03-23
DIXON, Andrew Director 2018-12-03 2024-01-31
EDWARDS, Matthew Lee Director 2003-11-26 2004-03-23
GODDARD, David Wyatt Director 2004-03-23 2025-12-31
JONES, David Gareth Director 2004-07-19 2024-07-31
MORRIS, William Henry Clifford Director 2004-03-23 2004-07-20
STOKER, Louise Jane Director 2003-10-14 2003-11-26
WILKINS, Andrew John Director 2015-05-22 2018-07-31
ZUERCHER, Eleanor Jane Director 2003-10-14 2003-11-26

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Goddard Enterprises Limited Corporate entity Shares 50–75%, Voting 50–75% 2016-04-06 Active

Filing timeline

Last 20 of 150 total filings

Date Type Category Description
2026-01-26 AA accounts Accounts with accounts type group
2026-01-06 TM01 officers Termination director company with name termination date PDF
2025-12-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-02-06 AP01 officers Appoint person director company with name date PDF
2025-01-16 AA accounts Accounts with made up date
2024-11-27 CS01 confirmation-statement Confirmation statement with updates PDF
2024-08-06 TM01 officers Termination director company with name termination date PDF
2024-01-31 TM01 officers Termination director company with name termination date PDF
2024-01-18 AA accounts Accounts with accounts type group
2023-11-29 CS01 confirmation-statement Confirmation statement with updates PDF
2022-12-15 AA accounts Accounts with accounts type group
2022-11-28 CS01 confirmation-statement Confirmation statement with updates PDF
2022-02-16 AA accounts Accounts with accounts type group
2021-11-18 CS01 confirmation-statement Confirmation statement with updates PDF
2021-05-11 SH06 capital Capital cancellation shares
2021-04-08 SH03 capital Capital return purchase own shares
2020-12-08 AA accounts Accounts with accounts type group
2020-11-26 CS01 confirmation-statement Confirmation statement with updates PDF
2020-03-19 AA accounts Accounts with accounts type group
2019-12-31 SH06 capital Capital cancellation shares

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
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