MAZE RATTAN LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-12 (in 10mo)
Last made up 2026-02-26
Watchouts
None on the register
Cash
£2M
+53.7% vs 2023
Net assets
£16M
-4.1% vs 2023
Employees
46
-13.2% vs 2023
Profit before tax
-£380K
-122.7% vs 2023
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £23,500,877 | £19,971,971 | |
| Operating profit | — | — | — | — | — | £1,734,903 | -£339,463 | |
| Profit before tax | — | — | — | — | — | £1,672,940 | -£380,094 | |
| Net profit | — | — | — | — | — | £1,244,570 | -£236,488 | |
| Cash | — | — | — | — | — | £1,265,291 | £1,945,038 | |
| Total assets less current liabilities | — | — | — | — | — | £16,453,953 | £15,639,187 | |
| Net assets | — | — | — | — | — | £16,218,624 | £15,545,829 | |
| Equity | £2,172,784 | £1,745,541 | — | — | — | £16,218,624 | £15,545,829 | |
| Average employees | — | — | — | — | — | 53 | 46 | |
| Wages | — | — | — | — | — | £1,056,868 | £1,493,398 | |
| Directors' remuneration | — | — | — | — | — | £0 | £25,140 |
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-15%
£23,500,877 £19,971,971
-
Cash
+53.7%
£1,265,291 £1,945,038
-
Net assets
-4.1%
£16,218,624 £15,545,829
-
Employees
-13.2%
53 46
-
Operating profit
-119.6%
£1,734,903 -£339,463
-
Profit before tax
-122.7%
£1,672,940 -£380,094
-
Wages
+41.3%
£1,056,868 £1,493,398
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 | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 7.4% | -1.7% | |
| Net margin | — | — | — | — | — | 5.3% | -1.2% | |
| Return on capital employed | — | — | — | — | — | 10.5% | -2.2% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 20.2% | 15.6% | |
| Current ratio | — | — | — | — | — | 5.15x | 6.51x | |
| Interest cover | — | — | — | — | — | 28.00x | -8.35x |
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
- TAG Berry Audit 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. 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
- “The company has had a significantly quieter year with turnover falling by 15%.”
- “Sales have fallen in both retail and trade departments with retail down to £12,637,920 in 2024 from £15,135,842 in 2023 (a drop of 16.5%) and trade sales down to £6,575,097 in 2023 (a drop of 14%).”
- “The results for 2024 have been impacted by several factors such as poor weather, a continued depressed economic climate resulting in reduced customer spending, increased shipping costs due to global unrest and a significant one-off investment in website costs.”
- “Gross profit margins have fallen as a result of increased shipping costs, selling prices being reduced and older stock lines being sold off in bulk for reduced prices.”
- “Looking ahead, with the introduction of some exciting new products, stock lines now significantly streamlined and overheads reduced due to the reduction in warehouse space, directors are optimistic for a strong result in 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BABINGTON, Francoise Isabelle | Secretary | 2009-02-27 | — | British |
| BABINGTON, Edward Patrick | Director | 2026-01-14 | Nov 1977 | British |
| BABINGTON, Francoise Isabelle | Director | 2009-02-27 | Jun 1978 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BABINGTON, Edward Patrick | Director | 2009-02-26 | 2026-01-14 |
| BURDETT, Paul Anthony | Director | 2009-02-27 | 2020-07-08 |
| GREAVES, Beverley | Director | 2009-02-27 | 2020-07-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Maze Living Limited | Corporate entity | Shares 25–50%, Voting 25–50%, Appoints directors | 2023-03-24 | Active |
| Mrs Francoise Isabelle Babington | Individual | Shares 25–50%, Voting 25–50% | 2020-05-31 | Active |
| Mr Edward Patrick Babington | Individual | Shares 25–50%, Voting 25–50% | 2020-05-31 | Active |
Filing timeline
Last 20 of 71 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-05 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-03-05 | CH01 | officers | Change person director company with change date | |
| 2026-03-05 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-03-05 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-05 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-05 | CH01 | officers | Change person director company with change date | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-03-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-03-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-17 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2023-11-16 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-11-16 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2023-06-27 | AA | accounts | Accounts with accounts type full | |
| 2023-03-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-29 | AA | accounts | Accounts with accounts type full | |
| 2022-03-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-28 | AA | accounts | Accounts with accounts type full | |
| 2021-04-19 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.