BLUES GROUP (HOLDINGS) LIMITED
Get an alert when BLUES GROUP (HOLDINGS) LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£1.3M
-48.3% vs 2024
Net assets
£8.6M
+13.2% vs 2024
Employees
102
+20% vs 2024
Profit before tax
£1M
-37% vs 2024
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £56,725,986 | £67,984,993 | +19.8% | |
| Operating profit | £1,960,725 | £1,478,884 | -24.6% | |
| Profit before tax | £1,589,311 | £1,001,965 | -37% | |
| Net profit | £1,624,632 | £1,001,965 | -38.3% | |
| Cash | £2,568,624 | £1,327,207 | -48.3% | |
| Total assets less current liabilities | £8,038,530 | £8,930,059 | +11.1% | |
| Net assets | £7,618,600 | £8,620,565 | +13.2% | |
| Equity | £7,618,600 | £8,620,565 | +13.2% | |
| Average employees | 85 | 102 | +20% | |
| Wages | £3,918,781 | £4,807,700 | +22.7% | |
| Directors' remuneration | £302,702 | £326,864 | +8% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 3.5% | 2.2% | |
| Net margin | 2.9% | 1.5% | |
| Return on capital employed | 24.4% | 16.6% | |
| Gearing (liabilities / total assets) | 58.5% | 56.5% | |
| Current ratio | 1.50x | 1.56x | |
| Interest cover | 4.92x | 2.98x |
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 2 times since incorporation
- BLUES GROUP (HOLDINGS) LIMITED 2024-01-10 → present
- COHEN & WILKS (HOLDINGS) LIMITED 2022-09-05 → 2024-01-10
- COHEN & WILKS INTERNATIONAL (HOLDINGS) LIMITED 2013-09-06 → 2022-09-05
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- TC Group
- 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 original financial statements were authorised for issue.”
Group structure
- BLUES GROUP (HOLDINGS) LIMITED · parent
- Blues Group Ltd 100%
- Cohen & Wilks Limited 100%
- Brecrest Sports Ltd 100%
- Blues Clothing Limited 100%
- Blues Nightwear Limited 100%
- Dennicci Ltd 100%
- Paul Dennicci Limited 100%
- Brecrest Fashion Limited 100%
Significant events
- “The Group had a strong year in 2025 with sales and profit growth above 2024 and 2023. Gross margin percentage also improved compared to 2024.”
- “Included within administrative expenses is a credit of £Nil (2024 £681,447) relating to a waiver received in respect of a related party loan. Further details are provided in note 23.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SPURLING, Andrew | Secretary | 2021-01-22 | — | — |
| COLES, Michael John | Director | 2020-06-06 | Jun 1968 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LACEY, Peter Geofrey | Director | 2013-09-06 | 2014-06-30 |
| SUN, Zhen | Director | 2013-09-06 | 2020-06-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Zhen Sun | Individual | Shares 50–75%, Voting 50–75% | 2021-02-09 | Active |
| Mr Michael John Coles | Individual | Significant influence | 2020-11-18 | Active |
| Mrs Yichun Cui | Individual | Shares 25–50% | 2020-06-06 | Ceased 2020-11-18 |
| Mr Zhen Sun | Individual | Significant influence | 2016-04-06 | Ceased 2020-06-06 |
Filing timeline
Last 20 of 51 total filings
Material constitutional events — rename, articles re-file, resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-12 | AA | accounts | Accounts with accounts type group | |
| 2025-12-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-06 | AA | accounts | Accounts with accounts type group | |
| 2024-12-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-28 | AA | accounts | Accounts with accounts type group | |
| 2024-03-18 | SH06 | capital | Capital cancellation shares | |
| 2024-03-18 | SH03 | capital | Capital return purchase own shares | |
| 2024-01-10 | CERTNM | change-of-name | Certificate change of name company | |
| 2023-12-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-07-10 | SH03 | capital | Capital return purchase own shares | |
| 2023-07-03 | SH06 | capital | Capital cancellation shares | |
| 2023-06-13 | AA | accounts | Accounts with accounts type group | |
| 2022-12-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-17 | CH01 | officers | Change person director company with change date | |
| 2022-11-17 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2022-09-05 | CERTNM | change-of-name | Certificate change of name company | |
| 2022-05-05 | AA | accounts | Accounts with accounts type group | |
| 2021-12-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-10 | AA | accounts | Accounts with accounts type group | |
| 2021-06-10 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.