BYWORTH BOILERS LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-20 (in 5mo)
Last made up 2025-10-06
Watchouts
None on the register
Cash
£1M
+50.9% vs 2023
Net assets
£3M
-2.8% vs 2023
Employees
128
-3.8% vs 2023
Profit before tax
£348K
-50.4% vs 2023
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £15,630,560 | £14,592,027 | |
| Operating profit | — | £744,082 | £378,820 | |
| Profit before tax | — | £700,706 | £347,897 | |
| Net profit | — | £473,841 | £269,922 | |
| Cash | — | £962,661 | £1,453,048 | |
| Total assets less current liabilities | — | £3,498,993 | £3,328,986 | |
| Net assets | — | £2,880,340 | £2,800,262 | |
| Equity | £2,756,499 | £2,880,340 | £2,800,262 | |
| Average employees | — | 133 | 128 | |
| Wages | — | £4,192,457 | £3,831,342 | |
| Directors' remuneration | — | £56,800 | £72,581 |
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
-6.6%
£15,630,560 £14,592,027
-
Cash
+50.9%
£962,661 £1,453,048
-
Net assets
-2.8%
£2,880,340 £2,800,262
-
Employees
-3.8%
133 128
-
Operating profit
-49.1%
£744,082 £378,820
-
Profit before tax
-50.4%
£700,706 £347,897
-
Wages
-8.6%
£4,192,457 £3,831,342
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | 4.8% | 2.6% | |
| Net margin | — | 3.0% | 1.8% | |
| Return on capital employed | — | 21.3% | 11.4% | |
| Gearing (liabilities / total assets) | — | 61.4% | 71.4% | |
| Current ratio | — | 1.37x | 1.21x | |
| Interest cover | — | 17.15x | 12.25x |
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
- Kneeshaws
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue its operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.”
Group structure
- BYWORTH BOILERS LTD · parent
- Boiler Engineering Limited 100%
Significant events
- “2024 marked the first full year of our new ERP and Finance system... Turnover dropped in Q4 of 23, following the ramp down of WiP for the implementation of the new ERP and finance system... new appointments to strategic roles such as Head of Service and Head of Production.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHILD, Matthew James | Secretary | 2020-09-14 | — | — |
| ATKINSON, Jason Stephen | Director | 2022-02-07 | Feb 1988 | British |
| BALDWIN, Robert Peter | Director | 2010-11-22 | Jul 1985 | British |
| CHILD, Matthew James | Director | 2022-02-07 | Oct 1979 | British |
| HIRST, John Edward | Director | 2025-09-19 | Apr 1985 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BALDWIN, Allan Peter | Director | 2010-10-06 | 2025-09-19 |
| BALDWIN, Helen | Director | 2010-11-22 | 2022-05-31 |
| GREEN, Anthony Brian | Director | 2010-11-22 | 2013-08-21 |
| HINDLE, Gavin John | Director | 2016-01-21 | 2025-03-31 |
| RHODES, Adrian | Director | 2010-11-22 | 2019-07-31 |
| WESTERMAN, Rachel Elaine | Director | 2010-11-22 | 2019-09-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dennis Baldwin Industries Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-01-01 | Active |
Filing timeline
Last 20 of 65 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-03-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-01-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-19 | CH01 | officers | Change person director company with change date | |
| 2025-09-19 | CH01 | officers | Change person director company with change date | |
| 2025-09-19 | CH01 | officers | Change person director company with change date | |
| 2025-09-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-13 | AAMD | accounts | Accounts amended with accounts type full | |
| 2025-07-16 | AA | accounts | Accounts with accounts type full | |
| 2025-07-14 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-17 | AA | accounts | Accounts with accounts type full | |
| 2023-10-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-07-10 | AA | accounts | Accounts with accounts type full | |
| 2022-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-13 | AA | accounts | Accounts with accounts type full | |
| 2022-06-07 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- 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.