MUST HAVE IDEAS LTD
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-03-21 (in 10mo)
Last made up 2026-03-07
Watchouts
None on the register
Cash
£3M
+0.1% vs 2024
Net assets
£6M
+29.9% highest in 3 filed years
Employees
152
+46.2% highest in 3 filed years
Profit before tax
£2M
-54.4% vs 2024
Net assets
6-year trend · vs Industrials 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 | — | — | — | — | £40,040,878 | £56,562,835 | |
| Operating profit | — | — | — | — | £5,238,601 | £2,895,401 | |
| Profit before tax | — | — | — | — | £5,130,705 | £2,338,680 | |
| Net profit | — | — | — | — | £3,796,387 | £1,831,002 | |
| Cash | £501,649 | — | — | — | £3,274,539 | £3,277,456 | |
| Total assets less current liabilities | £325,434 | — | — | — | £4,962,916 | £6,104,513 | |
| Net assets | £264,630 | — | — | — | £4,431,365 | £5,758,534 | |
| Equity | £264,630 | — | — | — | £4,431,365 | £5,758,534 | |
| Average employees | 12 | — | — | — | 104 | 152 | |
| Wages | — | — | — | — | £2,191,661 | £3,954,774 | |
| Directors' remuneration | — | — | — | — | £76,526 | £73,301 |
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
+41.3%
£40,040,878 £56,562,835
-
Cash
+0.1%
£3,274,539 £3,277,456
-
Net assets
+29.9%
£4,431,365 £5,758,534
highest in 3 filed years
-
Employees
+46.2%
104 152
highest in 3 filed years
-
Operating profit
-44.7%
£5,238,601 £2,895,401
-
Profit before tax
-54.4%
£5,130,705 £2,338,680
-
Wages
+80.4%
£2,191,661 £3,954,774
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 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 13.1% | 5.1% | |
| Net margin | — | — | — | — | 9.5% | 3.2% | |
| Return on capital employed | — | — | — | — | 105.6% | 47.4% | |
| Current ratio | — | — | — | — | 1.51x | 1.41x | |
| Interest cover | — | — | — | — | 46.12x | 4.62x |
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
- Nash Harvey Group LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “During the period, the company executed its strategic 'Investment for Growth' initiative, positioning the business for its next phase of expansion. Investments were made in key personnel, operational processes, and infrastructure.”
- “Over 50 new products were launched during the year, including a new garden and outdoor range that complements our existing offerings in cleaning, kitchen, storage, and homewares.”
- “The majority of our goods arrive by sea freight, which, while relatively flat in the first half of the period, has become to be more volatile again in the second half, due to the ongoing situation in the Red Sea.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FINCH, Christopher | Director | 2019-09-01 | Jan 1991 | British |
| KNIGHT, Amy Louise | Director | 2018-04-05 | Sep 1996 | British |
| KNIGHT, Robert | Director | 2018-04-05 | Nov 1978 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Christopher Finch | Individual | Shares 25–50%, Voting 25–50% | 2019-09-01 | Active |
| Amy Knight | Individual | Shares 25–50%, Voting 25–50% | 2018-04-05 | Active |
| Robert Knight | Individual | Shares 25–50%, Voting 25–50% | 2018-04-05 | Active |
Filing timeline
Last 20 of 46 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-01-16 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-10 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-03-10 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-03-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-11 | AA | accounts | Accounts with accounts type full | |
| 2025-07-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-14 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-14 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-16 | AA | accounts | Accounts with accounts type full | |
| 2024-07-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-03-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-07-24 | AA | accounts | Accounts with accounts type full | |
| 2023-03-14 | CH01 | officers | Change person director company with change date | |
| 2023-03-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-01-16 | RESOLUTIONS | resolution | Resolution | |
| 2022-12-15 | AA | accounts | Accounts with accounts type small | |
| 2022-08-19 | SH02 | capital | Capital alter shares subdivision | |
| 2022-08-08 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2022-08-05 | CH01 | officers | Change person director company with change date | |
| 2022-08-05 | PSC04 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- 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.