HALSE SOUTH WEST LIMITED
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Cash
£3.8k
-56.9% lowest in 6 filed years
Net assets
£6.1m
+8.9% highest in 6 filed years
Employees
42
-2.3% vs 2024
Profit before tax
£721k
+5.8% vs 2024
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
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £24,128,197 | £28,763,049 | £30,206,207 | £30,335,040 | £29,537,612 | £35,314,299 | +19.6% | |
| Operating profit | — | — | — | £1,707,707 | £1,211,703 | £1,113,765 | -8.1% | |
| Profit before tax | £772,751 | £1,984,516 | £2,098,624 | £1,119,891 | £681,523 | £721,360 | +5.8% | |
| Net profit | £590,395 | £1,517,967 | £1,716,547 | £754,137 | £457,062 | £497,031 | +8.7% | |
| Cash | £26,803 | £9,598 | £7,231 | £9,850 | £8,722 | £3,763 | -56.9% | |
| Total assets less current liabilities | £5,886,858 | £6,729,742 | £8,159,728 | £7,940,970 | £6,516,262 | £9,483,436 | +45.5% | |
| Net assets | £2,836,528 | £3,954,495 | £5,614,542 | £5,508,679 | £5,565,741 | £6,061,772 | +8.9% | |
| Equity | £2,836,528 | £3,954,495 | £5,614,542 | £5,508,679 | £5,565,741 | £6,061,772 | +8.9% | |
| Average employees | 40 | 44 | 44 | 41 | 43 | 42 | -2.3% | |
| Wages | £1,544,856 | £724,620 | £864,961 | £1,105,762 | £1,058,417 | £1,158,559 | +9.5% | |
| Directors' remuneration | £17,576 | £17,680 | £18,200 | £125,140 | £124,000 | £50,000 | -59.7% |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 5.6% | 4.1% | 3.2% | |
| Net margin | 2.4% | 5.3% | 5.7% | 2.5% | 1.5% | 1.4% | |
| Return on capital employed | — | — | — | 21.5% | 18.6% | 11.7% | |
| Current ratio | — | — | — | 1.25x | 1.07x | 1.28x | |
| Interest cover | — | — | — | 2.87x | 2.27x | 2.84x |
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
- PKF Francis Clark
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors are satisfied that it remains appropriate for the company to adopt the going concern basis of accounting in preparing these financial statements.”
Significant events
- “A prior period restatement has been made to net down internal sales of £1,014,753, that were previously being recognised within turnover.”
- “Since the balance sheet date, there was a change in the company's Person with Significant Control (PSC). On 23 January 2026, Halse South West Holdings Limited acquired significant control of the company.”
- “There was a dividend declared on 1st June 2026 of £250,000 up to Halse South West Holdings Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HALSE, John Peter | Director | 2017-01-12 | Mar 1939 | British |
| HALSE, Philip John | Director | 2016-06-14 | Sep 1968 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Halse South West Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-01-23 | Active |
| Mr Philip John Halse | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-06-14 | Ceased 2026-01-23 |
Filing timeline
Last 20 of 45 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-05-28 MA Memorandum articles
- 2025-05-28 RESOLUTIONS Resolution
- 2023-10-19 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-30 | AA | accounts | Accounts with accounts type full | |
| 2026-06-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-27 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-01-27 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-01-02 | CH01 | officers | Change person director company with change date | |
| 2025-09-17 | AA | accounts | Accounts with accounts type full | |
| 2025-06-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-28 | MA | incorporation | Memorandum articles | |
| 2025-05-28 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-27 | SH02 | capital | Capital alter shares subdivision | |
| 2025-01-07 | SH02 | capital | Capital alter shares redemption statement of capital | |
| 2024-06-24 | AA | accounts | Accounts with accounts type full | |
| 2024-06-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-19 | RESOLUTIONS | resolution | Resolution | |
| 2023-10-19 | SH02 | capital | Capital alter shares redemption statement of capital | |
| 2023-10-18 | AA | accounts | Accounts with accounts type full | |
| 2023-06-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-30 | AA | accounts | Accounts with accounts type full | |
| 2022-06-17 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 2
- 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.