DENNIS BALDWIN INDUSTRIES LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-22 (in 3mo)
Last made up 2025-08-08
Watchouts
Cash
£2M
+52.6% vs 2023
Net assets
£3M
-3.5% vs 2023
Employees
128
-3.8% vs 2023
Profit before tax
£290K
-58.6% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £15,630,560 | £14,592,027 | |
| Operating profit | — | £744,082 | £321,082 | |
| Profit before tax | — | £700,706 | £290,159 | |
| Net profit | — | £473,841 | £212,184 | |
| Cash | — | £996,281 | £1,520,665 | |
| Total assets less current liabilities | — | £3,609,663 | £3,415,913 | |
| Net assets | — | £2,991,010 | £2,887,189 | |
| Equity | £91,196 | £2,991,010 | £2,887,189 | |
| Average employees | — | 133 | 128 | |
| Wages | — | £4,192,457 | £3,831,342 | |
| Directors' remuneration | — | £56,800 | £72,581 |
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
-6.6%
£15,630,560 £14,592,027
-
Cash
+52.6%
£996,281 £1,520,665
-
Net assets
-3.5%
£2,991,010 £2,887,189
-
Employees
-3.8%
133 128
-
Operating profit
-56.8%
£744,082 £321,082
-
Profit before tax
-58.6%
£700,706 £290,159
-
Wages
-8.6%
£4,192,457 £3,831,342
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | 4.8% | 2.2% | |
| Net margin | — | 3.0% | 1.5% | |
| Return on capital employed | — | 20.6% | 9.4% | |
| Gearing (liabilities / total assets) | — | 61.1% | 71.2% | |
| Current ratio | — | 1.40x | 1.22x | |
| Interest cover | — | 17.15x | 10.38x |
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
- Consolidated group
- Auditor
- Kneeshaws
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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 group's and parent 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
- DENNIS BALDWIN INDUSTRIES LTD · parent
- Byworth Boilers Ltd 100%
- Boiler Engineering Limited 100%
Significant events
- “2024 was a positive year for the group as we continued to focus on improving margins and driving process efficiencies. 2024 marked the first full year of our new ERP and Finance system, which has brought major enhancements to Management Information, financial controls and manufacturing & stock process. A strong forward order book brings stability for 2025 as well as several new appointments to strategic roles such as Head of Service and Head of Production.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ATKINSON, Jason Stephen | Director | 2022-02-07 | Feb 1988 | British |
| BALDWIN, Robert Peter | Director | 2015-07-03 | Jul 1985 | British |
| CHILD, Matthew James | Director | 2022-02-07 | Oct 1979 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BALDWIN, Allan Peter | Director | 2015-07-03 | 2025-09-19 |
| BALDWIN, Helen | Director | 2015-07-03 | 2022-05-31 |
| HINDLE, Gavin John | Director | 2018-01-01 | 2025-03-31 |
| RHODES, Adrian | Director | 2015-07-03 | 2019-07-31 |
| WESTERMAN, Rachel Elaine | Director | 2015-07-03 | 2019-09-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| R P B 85 Ltd | Corporate entity | Shares 25–50%, Voting 25–50% | 2022-04-06 | Active |
| Mr Gavin John Hindle | Individual | Significant influence | 2020-01-09 | Ceased 2025-03-31 |
| Mrs Helen Baldwin | Individual | Shares 25–50% | 2016-07-04 | Ceased 2022-05-15 |
| Mr Allan Peter Baldwin | Individual | Shares 25–50% | 2016-07-04 | Ceased 2022-04-06 |
| Mrs Rachel Elaine Westerman | Individual | Significant influence | 2016-07-04 | Ceased 2019-09-12 |
| Mr Robert Peter Baldwin | Individual | Shares 25–50%, Voting 25–50% | 2016-07-04 | Active |
Filing timeline
Last 20 of 71 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-30 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-10 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-09-19 | CH01 | officers | Change person director company with change date | |
| 2025-09-19 | CH01 | officers | Change person director company with change date | |
| 2025-09-19 | CH01 | officers | Change person director company with change date | |
| 2025-09-19 | CH01 | officers | Change person director company with change date | |
| 2025-09-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-13 | AAMD | accounts | Accounts amended with accounts type group | |
| 2025-08-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-16 | AA | accounts | Accounts with accounts type group | |
| 2025-05-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-08 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-05-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-18 | AA | accounts | Accounts with accounts type group | |
| 2023-09-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-18 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-07-11 | AA | accounts | Accounts with accounts type group | |
| 2022-09-14 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.