BASSETTS (SOUTH WALES) LTD
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Cash
£2.5m
+150,645.5% highest in 6 filed years
Net assets
£2.2m
+48.5% highest in 6 filed years
Employees
42
+5% highest in 6 filed years
Profit before tax
£707k
+387% highest in 6 filed years
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £21,211,590 | £24,111,169 | £31,963,801 | £43,420,706 | £41,268,442 | £48,442,302 | +17.4% | |
| Operating profit | — | — | — | — | £140,423 | £707,107 | +403.6% | |
| Profit before tax | £152,685 | £652,134 | £693,357 | £335,082 | £145,199 | £707,107 | +387% | |
| Net profit | £152,685 | £544,593 | £582,146 | £271,035 | £130,281 | £707,107 | +442.8% | |
| Cash | £162,898 | £494,944 | £2,685 | £1,179,320 | £1,651 | £2,488,808 | +150,645.5% | |
| Total assets less current liabilities | -£55,188 | £489,405 | £1,071,551 | £1,377,124 | £1,522,312 | £2,229,419 | +46.4% | |
| Net assets | -£70,188 | £474,405 | £1,056,551 | £1,327,586 | £1,457,867 | £2,164,974 | +48.5% | |
| Equity | -£70,188 | £474,405 | £1,056,551 | £1,327,586 | £1,457,867 | £2,164,974 | +48.5% | |
| Average employees | 39 | 35 | 36 | 41 | 40 | 42 | +5% | |
| Wages | £1,191,237 | £1,041,972 | £1,016,239 | £1,144,820 | £1,168,375 | £1,352,444 | +15.8% | |
| Directors' remuneration | — | — | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 0.3% | 1.5% | |
| Net margin | 0.7% | 2.3% | 1.8% | 0.6% | 0.3% | 1.5% | |
| Return on capital employed | — | — | — | — | 9.2% | 31.7% | |
| Gearing (liabilities / total assets) | 101.7% | 88.4% | 81.0% | 77.8% | 80.6% | 79.8% | |
| Current ratio | — | — | — | 1.23x | 1.17x | 1.18x |
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
- Redwood Wales Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future.”
Significant events
- “Following the death of Mr E H Francis on 25 March 2026, the majority shareholding in the company is held by the executors of his estate, pending the grant of probate.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FRY, Deborah | Secretary | 2010-08-04 | — | — |
| FRY, Deborah | Director | 2024-11-11 | Oct 1965 | British |
| HARRIES, Ioan | Director | 2024-11-11 | Jul 1977 | British |
| PARRY, Kevin | Director | 2024-11-11 | Aug 1963 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FRANCIS, Huw | Director | 2010-08-04 | 2025-07-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bassett Property Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 44 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-09 | AA | accounts | Accounts with accounts type full | |
| 2026-08-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-08-10 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-08-06 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-11-17 | AAMD | accounts | Accounts amended with accounts type full | |
| 2025-09-01 | AA | accounts | Accounts with accounts type full | |
| 2025-08-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-11-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-12 | CH01 | officers | Change person director company with change date | |
| 2024-09-12 | AA | accounts | Accounts with accounts type full | |
| 2024-08-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2023-08-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-13 | AA | accounts | Accounts with accounts type full | |
| 2022-09-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-28 | AA | accounts | Accounts with accounts type full |
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.