STUDWELDERS COMPOSITE FLOOR DECKS LTD
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-05-25 (this month)
Last made up 2025-05-11
Watchouts
None on the register
Cash
£2M
-25.7% vs 2024
Net assets
£3M
+14.5% vs 2024
Employees
44
0% vs 2024
Profit before tax
£1M
+38.6% highest in 4 filed years
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2025-03-31
| Metric | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £19,928,281 | £20,497,341 | £17,524,404 | £19,652,887 | |
| Operating profit | — | — | — | — | — | £900,783 | £1,134,149 | |
| Profit before tax | — | — | — | £590,771 | £1,304,936 | £953,109 | £1,320,752 | |
| Net profit | — | — | — | — | — | £807,304 | £1,072,527 | |
| Cash | — | — | — | — | — | £2,365,983 | £1,758,773 | |
| Total assets less current liabilities | — | — | — | — | — | £2,562,694 | £2,935,221 | |
| Net assets | — | — | — | — | — | £2,562,694 | £2,935,221 | |
| Equity | £297,221 | — | — | — | £2,555,390 | £2,562,694 | £2,935,221 | |
| Average employees | — | — | — | — | — | 44 | 44 | |
| Wages | — | — | — | — | — | £1,782,269 | £1,927,015 | |
| Directors' remuneration | — | — | — | — | — | £318,225 | £441,417 |
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
-
Turnover
+12.1%
£17,524,404 £19,652,887
-
Cash
-25.7%
£2,365,983 £1,758,773
-
Net assets
+14.5%
£2,562,694 £2,935,221
-
Employees
0%
44 44
-
Operating profit
+25.9%
£900,783 £1,134,149
-
Profit before tax
+38.6%
£953,109 £1,320,752
highest in 4 filed years
-
Wages
+8.1%
£1,782,269 £1,927,015
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 | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 5.1% | 5.8% | |
| Net margin | — | — | — | — | — | 4.6% | 5.5% | |
| Return on capital employed | — | — | — | — | — | 35.1% | 38.6% | |
| Current ratio | — | — | — | — | — | 1.87x | 1.94x | |
| Interest cover | — | — | — | — | — | 300261.00x | — |
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
- UHY Hacker Young
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making appropriate enquiries, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the Strategic Report has been prepared on a going concern basis.”
Significant events
- “The year under review has been characterised by continued uncertainty across the UK construction sector, with subdued client confidence, constrained investment decisions and short-term visibility on new work.”
- “Studwelders Composite Floor Decks has remained profitable, maintained a strong balance sheet and continued to invest in its people, systems and customer relationships.”
- “The Company generated turnover of £19.7m (2024: £17.5m) and profit before tax of £1.3m (2024: £0.95m). Gross profit margins remained robust, supported by disciplined pricing, careful project selection and a continued focus on cost control and operational efficiency across the business.”
- “While the Company's principal activity remains the supply and installation of steel floor decking systems, the provision of concrete alongside its decking works has formed an established and complementary part of the business for many years.”
- “Looking ahead to the year ending 31 March 2026, the directors anticipate that market conditions will remain challenging, with overall activity levels expected to be lower than those experienced in FY25.”
- “The Company entered FY26 with a strong and resilient balance sheet, a healthy forward order book and a disciplined operational approach. Based on trading to date and current visibility, the directors expect profitability to remain resilient, supported by careful project selection and an ongoing focus on efficiency.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BEATSON, Neil Robert | Director | 2014-09-04 | Feb 1978 | British |
| BEAVAN, Scott Andrew | Director | 2017-01-27 | May 1981 | British |
| PHILLIPS, Clive William | Director | 2009-05-11 | Dec 1968 | British |
| SMITH, Matthew William | Director | 2009-05-11 | Jan 1969 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SHUFFLEBOTTOM, Gail Marie | Secretary | 2009-05-11 | 2013-05-22 |
| HAINES, Stephen John | Director | 2009-05-11 | 2015-10-28 |
| HILLIER, Darren John | Director | 2011-04-01 | 2017-10-02 |
| SMART, Paul Anthony | Director | 2011-04-01 | 2016-01-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Kenai Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-12-21 | Active |
| Mr Matthew William Smith | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 55 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-19 | AA | accounts | Accounts with accounts type full | |
| 2025-11-07 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-11-07 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-23 | AA | accounts | Accounts with accounts type full | |
| 2024-09-28 | CH01 | officers | Change person director company with change date | |
| 2024-05-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-21 | AA | accounts | Accounts with accounts type full | |
| 2023-05-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-02-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-12-23 | AA | accounts | Accounts with accounts type full | |
| 2022-11-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-30 | AA | accounts | Accounts with accounts type full | |
| 2021-05-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-01 | AA | accounts | Accounts with accounts type full | |
| 2020-05-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-12-20 | AA | accounts | Accounts with accounts type full | |
| 2019-05-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-12-24 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.