FIRST FENCE LIMITED
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Next accounts due
2026-11-30 (in 6mo)
Last filed for 2025-02-28
Confirmation statement due
2027-02-15 (in 9mo)
Last made up 2026-02-01
Watchouts
None on the register
Cash
£96K
-4.1% vs 2024
Net assets
£13M
+14.2% highest in 5 filed years
Employees
186
-4.6% vs 2024
Profit before tax
£3M
+18.1% vs 2024
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2025-02-28
| Metric | Trend | 2020-02-29 | 2021-02-28 | 2022-02-28 | 2024-02-29 | 2025-02-28 |
|---|---|---|---|---|---|---|
| Turnover | £13,903,393 | £17,788,865 | £26,313,074 | £34,692,356 | £34,911,696 | |
| Operating profit | £1,003,301 | £2,285,731 | £5,601,878 | £3,031,004 | £3,760,519 | |
| Profit before tax | £923,168 | £2,236,308 | £4,939,834 | £2,831,792 | £3,344,014 | |
| Net profit | £836,376 | £2,007,945 | £4,083,473 | £2,149,987 | £2,666,888 | |
| Cash | £37,167 | £135,598 | £59,701 | £100,448 | £96,358 | |
| Total assets less current liabilities | £6,307,437 | £9,289,230 | £12,563,766 | £13,000,975 | £14,281,782 | |
| Net assets | £4,610,398 | £6,318,343 | £9,633,816 | £11,727,452 | £13,394,340 | |
| Equity | £4,610,398 | £6,318,343 | £9,633,816 | £11,727,452 | £13,394,340 | |
| Average employees | 89 | 101 | 131 | 195 | 186 | |
| Wages | £2,007,617 | £2,542,872 | £3,490,392 | £6,153,224 | £5,982,583 | |
| Directors' remuneration | £20,558 | £17,265 | £286,239 | £158,383 | £163,202 |
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 2025-02-28 vs 2024-02-29
-
Turnover
+0.6%
£34,692,356 £34,911,696
highest in 5 filed years
-
Cash
-4.1%
£100,448 £96,358
-
Net assets
+14.2%
£11,727,452 £13,394,340
highest in 5 filed years
-
Employees
-4.6%
195 186
-
Operating profit
+24.1%
£3,031,004 £3,760,519
-
Profit before tax
+18.1%
£2,831,792 £3,344,014
-
Wages
-2.8%
£6,153,224 £5,982,583
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 | 2020-02-29 | 2021-02-28 | 2022-02-28 | 2024-02-29 | 2025-02-28 |
|---|---|---|---|---|---|---|
| Operating margin | 7.2% | 12.8% | 21.3% | 8.7% | 10.8% | |
| Net margin | 6.0% | 11.3% | 15.5% | 6.2% | 7.6% | |
| Return on capital employed | 15.9% | 24.6% | 44.6% | 23.3% | 26.3% | |
| Current ratio | — | — | — | 1.92x | 1.83x | |
| Interest cover | 11.95x | 20.86x | 42.64x | 11.68x | 8.24x |
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
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have prepared budgets and cashflow forecasts for a period of at least 12 months from the date of these financial statements. These forecasts are based on current market and economic conditions. The results of these forecasts show good improvement in both turnover and gross profit margins and thus cash generation. These historic and expected trading results have enabled the business to obtain adequate funding to facilitate future growth, including the addition of a National Distribution Centre, which will improve the functionality of the business in several areas. The business continues to go from strength to strength, therefore the Directors are confident that the business will exceed the prepared budgets and thus be able to fulfil its financial obligations. The business therefore continues to adopt the going concern policy in preparing its financial statements.”
Significant events
- “In the financial year ending 28 February 2025, our business achieved revenue growth, rising from £34.7m in 2024 to £34.9m. Whilst this increase was not in line with the prior year's growth curve, we are pleased with the overall end result, particularly considering the many challenges faced during the year.”
- “Our 2025 objective is to enhance our product development capabilities to meet evolving market demands and strengthen our competitive position. This includes refining internal processes, expanding our product portfolio, and obtaining industry-standard certifications that underscore our commitment to quality and security.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GRICE, Stacey | Director | 2021-04-06 | Mar 1978 | British |
| KOTECHA, Umesh Anilkumar | Director | 2010-02-01 | May 1979 | British |
| KOTECHA, Vinesh Anilkumar | Director | 2014-10-01 | Dec 1980 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MITCHELL, Andrew Barry | Director | 2021-04-06 | 2022-03-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| First Developments Holding Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-03-01 | Active |
| Mr Vinesh Anilkumar Kotecha | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Ceased 2019-03-01 |
| Mr Umesh Anilkumar Kotecha | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Ceased 2019-03-01 |
Filing timeline
Last 20 of 55 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-02 | AA | accounts | Accounts with accounts type full | |
| 2025-02-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-04 | AA | accounts | Accounts with accounts type full | |
| 2024-03-04 | AA | accounts | Accounts with accounts type full | |
| 2024-02-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-06-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-02-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-11-30 | AA | accounts | Accounts with accounts type full | |
| 2022-08-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-08-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-08-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-03-10 | TM01 | officers | Termination director company with name termination date | |
| 2022-02-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-11-30 | AA | accounts | Accounts with accounts type full | |
| 2021-05-11 | CH01 | officers | Change person director company with change date | |
| 2021-04-27 | AP01 | officers | Appoint person director company with name date | |
| 2021-04-20 | AP01 | officers | Appoint person director company with name date | |
| 2021-03-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-08-24 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.