NAT FLEX GROUP LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-01 (in 4mo)
Last made up 2025-08-18
Watchouts
None on the register
Cash
£5M
-12.3% vs 2023
Net assets
£8M
-1.8% vs 2023
Employees
50
-2% vs 2023
Profit before tax
£2M
-6.3% vs 2023
Net assets
3-year trend · vs Unclassified median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £22,740,682 | £22,203,319 | |
| Operating profit | — | £2,333,895 | £2,186,458 | |
| Profit before tax | — | £2,467,781 | £2,312,490 | |
| Net profit | — | £1,855,128 | £1,651,701 | |
| Cash | — | £5,302,137 | £4,648,574 | |
| Total assets less current liabilities | — | £7,968,933 | £7,859,784 | |
| Net assets | — | £7,878,933 | £7,734,784 | |
| Equity | £1,757,639 | £7,878,933 | £7,734,784 | |
| Average employees | — | 51 | 50 | |
| Wages | — | £2,211,920 | £2,277,748 | |
| Directors' remuneration | — | £396,413 | £442,124 |
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
-2.4%
£22,740,682 £22,203,319
-
Cash
-12.3%
£5,302,137 £4,648,574
-
Net assets
-1.8%
£7,878,933 £7,734,784
-
Employees
-2%
51 50
-
Operating profit
-6.3%
£2,333,895 £2,186,458
-
Profit before tax
-6.3%
£2,467,781 £2,312,490
-
Wages
+3%
£2,211,920 £2,277,748
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 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | 10.3% | 9.8% | |
| Net margin | — | 8.2% | 7.4% | |
| Return on capital employed | — | 29.3% | 27.8% | |
| Current ratio | — | 1.84x | 1.76x |
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.
Name history
Renamed 1 time since incorporation
- NAT FLEX GROUP LIMITED 2011-05-26 → present
- GWECO 503 LIMITED 2011-04-05 → 2011-05-26
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- AAB Audit & Accountancy Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The accounts have been prepared on a going concern basis. Having carried out a detailed review of the group and company's resources and the challenges presented by the current economic climate, the directors are satisfied that the group and company has sufficient cash flows to meet its liabilities as they fall due for at least one year from the date of approval of the accounts.”
Group structure
- NAT FLEX GROUP LIMITED · parent
- National Flexible (Holdings) Limited 100%
- National Flexible Limited 100%
Significant events
- “In 2024 our Commercial Director, Carol Burdett, retired after 30 years in the business.”
- “We have increased our Solar Panel capacity by 50% during 2024 as we reached 80% Solar self sufficiency on some days in 2023. We anticipate up to 100% on some days in 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAVYS, Julia | Secretary | 2011-06-07 | — | British |
| DAVYS, Julia | Director | 2011-06-07 | May 1966 | British |
| SLACK, George | Director | 2011-06-07 | Apr 1973 | British |
| TWIGG, William Barry | Director | 2011-06-07 | Oct 1939 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HOLDEN, John Layfield | Director | 2011-04-05 | 2011-06-07 |
| GWECO DIRECTORS LIMITED | Corporate Director | 2011-04-05 | 2011-06-07 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 77 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-21 | SH06 | capital | Capital cancellation shares | |
| 2026-03-19 | SH03 | capital | Capital return purchase own shares | |
| 2025-09-26 | AA | accounts | Accounts with accounts type group | |
| 2025-09-08 | SH03 | capital | Capital return purchase own shares | |
| 2025-08-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-14 | SH06 | capital | Capital cancellation shares | |
| 2025-02-28 | SH08 | capital | Capital name of class of shares | |
| 2025-02-28 | SH06 | capital | Capital cancellation shares | |
| 2025-02-28 | SH06 | capital | Capital cancellation shares | |
| 2025-02-28 | SH03 | capital | Capital return purchase own shares | |
| 2025-02-28 | SH03 | capital | Capital return purchase own shares | |
| 2024-10-15 | SH03 | capital | Capital return purchase own shares | |
| 2024-10-14 | SH06 | capital | Capital cancellation shares | |
| 2024-10-10 | AA | accounts | Accounts with accounts type group | |
| 2024-09-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-12 | AA | accounts | Accounts with accounts type group | |
| 2023-10-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-06-29 | SH03 | capital | Capital return purchase own shares | |
| 2023-06-29 | SH03 | capital | Capital return purchase own shares | |
| 2023-05-17 | SH06 | capital | Capital cancellation shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 11
- 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.