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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

Accounts

3-year trend · latest reflected 2024-12-31

Metric Trend 2023-01-012023-12-312024-12-31
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 5150
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

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 2023-01-012023-12-312024-12-31
Operating margin 10.3%9.8%
Net margin 8.2%7.4%
Return on capital employed 29.3%27.8%
Current ratio 1.84x1.76x

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

  1. NAT FLEX GROUP LIMITED 2011-05-26 → present
  2. 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

  1. NAT FLEX GROUP LIMITED · parent
    1. National Flexible (Holdings) Limited 100% · England
    2. National Flexible Limited 100% · England · distribution of polypropylene, laminates and special films supplied in reel format for use on automated packaging machinery

Significant events

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

No persons with significant control on record.

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 PDF
2025-09-08 SH03 capital Capital return purchase own shares
2025-08-19 CS01 confirmation-statement Confirmation statement with updates PDF
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 PDF
2023-10-12 AA accounts Accounts with accounts type group
2023-10-04 CS01 confirmation-statement Confirmation statement with updates PDF
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

last 12 months

Capital events
11

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page