DRAGONFLY VENTURE GROUP LTD
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Next accounts due
2026-12-30 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-09-02 (in 4mo)
Last made up 2025-08-19
Watchouts
None on the register
Cash
£121M
+23.4% highest in 6 filed years
Net assets
£146M
+17.7% highest in 6 filed years
Employees
31
-3.1% vs 2024
Profit before tax
£30M
+12.8% vs 2024
Net assets
10-year trend · vs Consumer Discretionary median
Accounts
10-year trend · latest reflected 2025-03-31
| Metric | Trend | 2020-03-31 | 2020-04-01 | 2021-03-31 | 2021-04-01 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2023-04-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | — | £110,832,958 | £118,944,448 | |
| Operating profit | — | — | — | — | — | — | — | — | £21,397,834 | £24,496,911 | |
| Profit before tax | — | — | — | — | — | — | — | — | £26,325,167 | £29,705,742 | |
| Net profit | £15,636,809 | — | £10,570,469 | — | £13,983,211 | — | £24,697,158 | — | £19,980,084 | £21,745,675 | |
| Cash | £75,738,241 | — | £75,487,294 | — | £88,516,539 | — | £101,635,113 | — | £97,884,970 | £120,773,185 | |
| Total assets less current liabilities | £44,897,234 | — | £55,467,703 | — | £65,370,556 | — | £90,065,714 | — | £124,227,547 | £146,207,234 | |
| Net assets | — | — | — | — | — | — | — | — | £124,190,946 | £146,207,234 | |
| Equity | £44,897,234 | £44,897,234 | £55,467,703 | £55,467,703 | £65,370,556 | £65,370,556 | £90,065,714 | £90,065,714 | £124,190,946 | £146,207,234 | |
| Average employees | 0 | — | 0 | — | 0 | — | 0 | — | 32 | 31 | |
| Wages | — | — | — | — | — | — | — | — | £2,155,939 | £2,291,556 | |
| Directors' remuneration | — | — | — | — | — | — | — | — | £60,000 | £10,000 |
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 2025-03-31 vs 2024-03-31
-
Turnover
+7.3%
£110,832,958 £118,944,448
-
Cash
+23.4%
£97,884,970 £120,773,185
highest in 6 filed years
-
Net assets
+17.7%
£124,190,946 £146,207,234
-
Employees
-3.1%
32 31
-
Operating profit
+14.5%
£21,397,834 £24,496,911
-
Profit before tax
+12.8%
£26,325,167 £29,705,742
-
Wages
+6.3%
£2,155,939 £2,291,556
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 | 2020-03-31 | 2020-04-01 | 2021-03-31 | 2021-04-01 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2023-04-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | 19.3% | 20.6% | |
| Net margin | — | — | — | — | — | — | — | — | 18.0% | 18.3% | |
| Return on capital employed | — | — | — | — | — | — | — | — | 17.2% | 16.8% | |
| Current ratio | — | — | — | — | — | — | — | — | 13.05x | 10.72x | |
| Interest cover | — | — | — | — | — | — | — | — | 40146.03x | 547.70x |
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
- DRAGONFLY VENTURE GROUP LTD 2011-10-10 → present
- DRAGONFLY VENTURE GOLDEN DRAGON LIMITED 2011-08-19 → 2011-10-10
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Robson Laidler Accountants Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Group meets its working capital requirements through its own cash reserves and it has no external debt. A review of the Group's business activities is provided within the strategic report. In addition, the strategic report also discloses the Group's principal risks and uncertainties, including exposures to competitive, legislative and financial risk. Having regard to the above, the director believes it appropriate to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- DRAGONFLY VENTURE GROUP LTD · parent
- W.I.P. (Work In Progress) Limited 100%
- W.I.P. (Workwear) Limited 100%
- Dragonfly Venture (UK) Limited 100%
- Dragonfly Venture (Trading) Limited 100%
- WIP INC 89%
- Golden Dragon Footwear Limited 100%
- W.I.P. (Workwear Europe) Limited 100%
- Dragonfly Venture B.V. 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MAUGHAN, Christopher Patrick | Director | 2011-08-19 | Oct 1963 | British |
| MAUGHAN, Jack Patrick | Director | 2026-03-31 | Aug 1994 | British |
| MAUGHAN, Joseph | Director | 2026-03-31 | Nov 1992 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Radlett Holdings Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2020-01-18 | Active |
| Mr Christopher Patrick Maughan | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 53 total filings
Material constitutional events — rename, articles re-file, resolution
- 2020-02-11 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-24 | AA | accounts | Accounts with accounts type group | |
| 2025-10-06 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-08-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-13 | AA | accounts | Accounts with accounts type group | |
| 2024-08-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-20 | AA | accounts | Accounts with accounts type group | |
| 2024-03-28 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-08-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-16 | AA | accounts | Accounts with accounts type group | |
| 2022-08-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-31 | AA | accounts | Accounts with accounts type group | |
| 2021-08-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-30 | AA | accounts | Accounts with accounts type group | |
| 2020-08-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-02-19 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2020-02-19 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2020-02-11 | SH01 | capital | Capital allotment shares | |
| 2020-02-11 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 2
- 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.