HOWARTH TIMBER ENGINEERED SOLUTIONS LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-04-27
Overdue
Watchouts
Cash
£36K
-99.1% vs 2024
Net assets
£13M
-11.1% vs 2024
Employees
118
-8.5% vs 2024
Profit before tax
-£238K
-112.2% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-04-27.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £28,957,000 | £23,619,000 | |
| Operating profit | £1,693,000 | -£476,000 | |
| Profit before tax | £1,954,000 | -£238,000 | |
| Net profit | £1,573,000 | -£191,000 | |
| Cash | £3,837,000 | £36,000 | |
| Total assets less current liabilities | £14,078,000 | £12,523,000 | |
| Net assets | £14,078,000 | £12,514,000 | |
| Equity | £14,078,000 | £12,514,000 | |
| Average employees | 129 | 118 | |
| Wages | £4,745,000 | £4,460,000 | |
| Directors' remuneration | £165,000 | £124,000 |
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
-18.4%
£28,957,000 £23,619,000
-
Cash
-99.1%
£3,837,000 £36,000
-
Net assets
-11.1%
£14,078,000 £12,514,000
-
Employees
-8.5%
129 118
-
Operating profit
-128.1%
£1,693,000 -£476,000
-
Profit before tax
-112.2%
£1,954,000 -£238,000
-
Wages
-6%
£4,745,000 £4,460,000
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 5.8% | -2.0% | |
| Net margin | 5.4% | -0.8% | |
| Return on capital employed | 12.0% | -3.8% | |
| Current ratio | 4.49x | 3.91x |
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
- Armstrong Watson Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue”
Significant events
- “During the year the company acquired the freehold interest if the Fairford site for £3 4m to secure the site for the future”
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 |
|---|---|---|---|---|
| HOWARTH, Andrew Peter | Director | 2012-04-13 | Oct 1955 | British |
| HOWARTH, Nicholas David | Director | 2012-04-13 | Sep 1957 | British |
| PROVAN, James Leadbetter | Director | 2012-04-13 | May 1966 | British |
| TURNER, Allister Paul | Director | 2019-01-07 | Jun 1973 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GRANT, Paul Robert | Director | 2018-07-26 | 2018-12-21 |
| NETHERTON-SINCLAIR, Jason David | Director | 2012-04-13 | 2018-07-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Howarthtimber Group Limited | Corporate entity | Shares 75–100% | 2026-01-01 | Active |
| Mr Nicholas David Howarth | Individual | Significant influence, significant-influence-or-control-as-trust, significant-influence-or-control-as-firm | 2016-04-06 | Ceased 2026-01-01 |
Filing timeline
Last 20 of 40 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-10 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-03-10 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-18 | AA | accounts | Accounts with accounts type full | |
| 2025-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-05 | AA | accounts | Accounts with accounts type full | |
| 2024-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-18 | AA | accounts | Accounts with accounts type full | |
| 2023-04-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-11 | AA | accounts | Accounts with accounts type full | |
| 2022-04-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-29 | AA | accounts | Accounts with accounts type full | |
| 2021-04-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-18 | AA | accounts | Accounts with accounts type full | |
| 2020-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-12-23 | AA | accounts | Accounts with accounts type full | |
| 2019-05-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-01-07 | AA | accounts | Accounts with accounts type full | |
| 2019-01-07 | AP01 | officers | Appoint person director company with name date | |
| 2018-12-21 | TM01 | officers | Termination director company with name termination date | |
| 2018-07-26 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.