EASY NEWCO LIMITED
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Cash
£370K
+496.7% highest in 4 filed years
Net assets
£14M
+71.5% highest in 5 filed years
Employees
235
0% vs 2024
Profit before tax
£5.9M
+4.2% vs 2024
Net assets
5-year trend · vs Basic Materials median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £64,014,709 | £59,631,600 | -6.8% | |
| Operating profit | — | — | — | £6,320,375 | £6,232,664 | -1.4% | |
| Profit before tax | — | — | — | £5,687,408 | £5,924,063 | +4.2% | |
| Net profit | -£169,688 | £623,760 | — | £5,687,408 | £5,924,063 | +4.2% | |
| Cash | £1 | £1 | — | £62,032 | £370,139 | +496.7% | |
| Total assets less current liabilities | — | — | — | £9,831,229 | £15,966,991 | +62.4% | |
| Net assets | -£371,257 | £52,503 | -£241,535 | £8,282,797 | £14,206,860 | +71.5% | |
| Equity | — | — | — | £8,282,797 | £14,206,860 | +71.5% | |
| Average employees | 0 | 0 | 2 | 235 | 235 | 0% | |
| Wages | £0 | £75,000 | £130,000 | £8,050,306 | £7,875,926 | -2.2% | |
| Directors' remuneration | — | — | — | £448,000 | £906,500 | +102.3% |
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 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 9.9% | 10.5% | |
| Net margin | — | — | — | 8.9% | 9.9% | |
| Return on capital employed | — | — | — | 64.3% | 39.0% | |
| Current ratio | — | — | — | 1.32x | 1.30x | |
| Interest cover | — | — | — | 9.99x | 20.20x |
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 §1A
- Reporting scope
- Consolidated group
- Auditor
- King & King
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After considering the above matters, current trading levels, and the existing banking facilities available to the group, the directors believe that the group will have adequate resources to meet its liabilities as they fall due so as to operate as a going concern for at least twelve months following the date of approval of these financial statements. The directors therefore consider it appropriate to continue to apply the going concern basis for preparing the financial statements.”
Group structure
- EASY NEWCO LIMITED · parent
- Easy Cleaning Solutions Limited 100%
Significant events
- “The past financial year continued to be challenging with further prcing and cost actions being pushed through to offset the effect of the rapid and extraordinary rise in virtually all input costs absorbed through the year.”
- “The drive for volume has had a small impact on our gross margin, however, has improved factory efficiency and during 24/25 we saw a move to private label as the cost of living crisis hit many households, this drove volume and to extent allowed us to shape sales mix with our lower cost brand proposition.”
- “Headline revenue decreased by £4.38 million (2024: £7.99 million increase) due to lower demand as a result of inflation.”
- “The early months of the new financial year have seen trading ahead of our internal plans. Volumes are showing early signs of recovery against a backdrop of an environment that should favour private label products, combined with new business wins.”
- “Recent months have seen overall raw material costs steadying but with widely varying trends between material groups.”
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 |
|---|---|---|---|---|
| MOSLEY, Darren James | Director | 2017-08-14 | Oct 1966 | British |
| PEARCE, David James | Director | 2017-03-03 | May 1966 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| David James Pearce | Individual | Shares 25–50%, Voting 75–100%, Appoints directors | 2017-03-03 | Active |
Filing timeline
Last 20 of 29 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-06-04 MA Memorandum articles
- 2021-06-04 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-22 | AA | accounts | Accounts with accounts type group | |
| 2025-08-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-28 | AA | accounts | Accounts with accounts type group | |
| 2024-08-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-18 | AA | accounts | Accounts with accounts type group | |
| 2023-09-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-30 | AA | accounts | Accounts with accounts type group | |
| 2022-04-01 | AA | accounts | Accounts with accounts type group | |
| 2022-03-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-04 | MA | incorporation | Memorandum articles | |
| 2021-06-04 | RESOLUTIONS | resolution | Resolution | |
| 2021-04-17 | AA | accounts | Accounts with accounts type group | |
| 2021-03-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-03-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-01-02 | AA | accounts | Accounts with accounts type group | |
| 2019-12-31 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2019-04-10 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2019-04-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2019-03-25 | 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.