HONEY BROTHERS LIMITED
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Next accounts due
2026-03-19
Overdue
Confirmation statement due
2027-01-14 (in 8mo)
Last made up 2025-12-31
Watchouts
Cash
£499K
Latest balance sheet
Net assets
£3M
highest in 4 filed years
Employees
32
Average over period
Profit before tax
£374K
Period ending 2023-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2026-03-19.
-
Audit opinion: Disclaimer of opinion
Latest auditor's report carried a non-clean opinion.
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2023-12-31
| Metric | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £9,300,231 | £13,135,417 | |
| Operating profit | — | — | — | — | £146,656 | £372,534 | |
| Profit before tax | — | — | — | — | £130,025 | £373,585 | |
| Net profit | — | — | — | — | £121,071 | £392,431 | |
| Cash | £840,445 | £925,396 | — | — | £434,250 | £498,561 | |
| Total assets less current liabilities | £1,883,832 | £2,787,978 | — | — | £3,039,027 | £3,405,663 | |
| Net assets | £1,707,155 | £1,999,726 | — | — | £2,929,074 | £3,321,505 | |
| Equity | £1,707,155 | £1,999,726 | £2,876,265 | £3,054,351 | £2,929,074 | £3,321,505 | |
| Average employees | 28 | 35 | — | — | 42 | 32 | |
| Wages | — | — | — | — | £811,641 | £1,220,719 | |
| Directors' remuneration | — | — | — | — | £14,451 | £52,667 |
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
FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 1.6% | 2.8% | |
| Net margin | — | — | — | — | 1.3% | 3.0% | |
| Return on capital employed | — | — | — | — | 4.8% | 10.9% | |
| Current ratio | — | — | — | — | 2.78x | 4.14x | |
| Interest cover | — | — | — | — | 8.54x | 129.80x |
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.
Name history
Renamed 1 time since incorporation
- HONEY BROTHERS LIMITED 2007-12-11 → present
- TREEMONGERS LIMITED 2007-07-02 → 2007-12-11
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Spurling Cannon Audit Limited
- Audit opinion
- Disclaimer of opinion
- 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. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “For the 12-month period to 31/12/2023 there was a greater than 10% increase in turnover compared to the previous 12 month period, with GP% slightly improved. The growth can mainly be attributed to consolidation of the Tree Kit business into Honey Brothers, as well as the bankruptcy of a major competitor, F.R. Jones. Honey Brothers acquired the customer list of F.R. Jones in the back half of 2023, seeing growth from new customers through direct marketing efforts.”
- “In the first full year as a subsidiary of VSG, Honey Brothers Limited began to realize benefits from better buying power and an extended range of available products to the industry. With this new access, the business realized growth across existing and new market sectors.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SPURLING CANNON SECRETARIES LIMITED | Corporate Secretary | 2024-02-19 | — | — |
| MORRIS, Jeffrey | Director | 2023-11-08 | Mar 1967 | American |
| STOPPELMANN, Aaron | Director | 2022-10-18 | Mar 1992 | American |
| STOREY, Max Spencer | Director | 2025-04-24 | May 1979 | British |
| WARNER, John Mitchell | Director | 2022-10-18 | Jul 1968 | American |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GIRDLER, Kas Dyan | Secretary | 2007-07-02 | 2022-10-18 |
| OAKWOOD CORPORATE SECRETARY LIMITED | Corporate Secretary | 2022-10-18 | 2023-08-15 |
| SPURLING CANNON LIMITED | Corporate Secretary | 2024-01-29 | 2024-01-29 |
| CHAPMAN, Matthew Spencer | Director | 2023-06-16 | 2024-04-12 |
| DAY, Martyn Philip | Director | 2007-07-02 | 2022-10-18 |
| GIRDLER, Stuart Kevin | Director | 2007-07-02 | 2022-10-18 |
| WYCKOFF, Frederick | Director | 2022-10-18 | 2023-11-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Vsguk Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2023-12-31 | Active |
| Md & Sg Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2019-03-20 | Ceased 2023-12-31 |
Filing timeline
Last 20 of 89 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-17 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-02-18 | CH01 | officers | Change person director company with change date | |
| 2026-02-18 | CH01 | officers | Change person director company with change date | |
| 2025-12-19 | AA01 | accounts | Change account reference date company previous shortened | |
| 2025-04-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-04-15 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-22 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2024-02-15 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-01-29 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2024-01-10 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-01-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-01-09 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-12-06 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-06 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-02 | AA | accounts | Accounts with accounts type full | |
| 2023-08-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-08-16 | TM02 | officers | Termination secretary company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.