DREST LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-11-02 (in 6mo)
Last made up 2025-10-19
Watchouts
None on the register
Cash
£1M
+34.3% vs 2024
Net assets
£1M
+8.5% first positive since 2022
Employees
57
-16.2% vs 2024
Profit before tax
—
Period ending 2025-03-31
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | |
| Net profit | -£8,572,462 | — | -£8,311,092 | -£9,334,293 | -£8,966,871 | -£7,575,959 | |
| Cash | £224,643 | — | £2,326,709 | £217,943 | £945,119 | £1,269,032 | |
| Total assets less current liabilities | £1,153,144 | — | -£1,191,894 | — | £1,428,735 | £1,507,895 | |
| Net assets | — | — | — | — | £928,735 | £1,007,895 | |
| Equity | £1,153,144 | — | -£1,191,894 | — | £928,735 | £1,007,895 | |
| Average employees | 41 | 77 | 67 | 69 | 68 | 57 | |
| Wages | — | — | — | — | — | — | |
| Directors' remuneration | — | — | — | — | — | — |
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
—
Not reported
-
Cash
+34.3%
£945,119 £1,269,032
-
Net assets
+8.5%
£928,735 £1,007,895
-
Employees
-16.2%
68 57
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 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Current ratio | — | — | — | — | 3.35x | 5.58x |
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
- DREST LIMITED 2019-06-10 → present
- CATWALK COUTURE LIMITED 2015-10-21 → 2019-06-10
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Consolidated group
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Mercer & Hole LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on these forecasts and analysis and the continued support of the shareholders, the directors deem that it is appropriate to prepare these financial statements on the going concern basis.”
Group structure
- DREST LIMITED · parent
- Drest Trading Limited 100%
Significant events
- “Since the year end, the company has made various share issues. The total shares issued since the year end are shown below:...”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BUSH, William George | Director | 2015-10-21 | Aug 1954 | Welsh |
| EDWARDS, Graham Henry | Director | 2016-02-22 | Jan 1964 | British |
| YEOMANS, Lucy Margaret | Director | 2016-02-22 | Nov 1970 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRIDGETT, Lisa | Director | 2022-03-25 | 2023-09-07 |
| COX, Vivion | Director | 2018-08-08 | 2022-03-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Graham Henry Edwards | Individual | Voting 50–75%, Appoints directors | 2023-03-01 | Active |
| Wpgss Limited | Corporate entity | Shares 25–50%, ownership-of-shares-25-to-50-percent-as-trust, Voting 25–50%, voting-rights-25-to-50-percent-as-trust, significant-influence-or-control-as-trust | 2020-03-26 | Active |
| Hsbc Holdings Plc | Corporate entity | Shares 25–50%, ownership-of-shares-25-to-50-percent-as-trust, Voting 25–50%, voting-rights-25-to-50-percent-as-trust, significant-influence-or-control-as-trust | 2019-08-16 | Active |
Filing timeline
Last 20 of 121 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-02-17 SH01 Legacy
- 2026-02-11 RP04SH01 Legacy
- 2026-02-11 RP04SH01 Legacy
- 2026-02-11 RP04SH01 Legacy
- 2026-02-11 RP04SH01 Legacy
- 2026-02-11 RP04SH01 Legacy
- 2026-02-11 RP04SH01 Legacy
- 2026-02-11 RP04SH01 Legacy
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-02 | SH01 | capital | Capital allotment shares | |
| 2026-03-30 | AA | accounts | Accounts with accounts type group | |
| 2026-03-03 | SH01 | capital | Capital allotment shares | |
| 2026-02-21 | SH01 | capital | Capital allotment shares | |
| 2026-02-17 | SH01 | change-of-name | Legacy | |
| 2026-02-11 | RP04SH01 | change-of-name | Legacy | |
| 2026-02-11 | RP04SH01 | change-of-name | Legacy | |
| 2026-02-11 | RP04SH01 | change-of-name | Legacy | |
| 2026-02-11 | RP04SH01 | change-of-name | Legacy | |
| 2026-02-11 | RP04SH01 | change-of-name | Legacy | |
| 2026-02-11 | RP04SH01 | change-of-name | Legacy | |
| 2026-02-11 | RP04SH01 | change-of-name | Legacy | |
| 2026-01-06 | SH01 | capital | Capital allotment shares | |
| 2025-11-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-03 | SH01 | capital | Capital allotment shares | |
| 2025-10-24 | SH01 | capital | Capital allotment shares | |
| 2025-09-30 | SH01 | capital | Capital allotment shares | |
| 2025-07-21 | SH01 | capital | Capital allotment shares | |
| 2025-07-21 | SH01 | capital | Capital allotment shares | |
| 2025-05-23 | SH20 | capital | Legacy |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 10
- 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.