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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-02-10 (in 9mo)

Last made up 2026-01-27

Watchouts

None on the register

Cash

£3M

-23.7% vs 2023

Net assets

£5M

+1% highest in 5 filed years

Employees

69

0% vs 2023

Profit before tax

£324K

-76.1% lowest in 4 filed years

Accounts

6-year trend · latest reflected 2024-12-31

Metric Trend 2020-02-282021-02-282022-02-282022-12-312023-12-312024-12-31
Turnover £14,446,203£12,789,106£11,689,182£12,742,989
Operating profit £2,657,267£2,249,552£1,303,132£164,253
Profit before tax £2,647,305£2,252,313£1,356,576£323,800
Net profit £2,217,235£1,923,658£1,014,694£240,179
Cash £177,436£2,349,707£3,309,676£3,812,030£2,908,369
Total assets less current liabilities £103,288£2,478,369£4,424,873£5,185,677£5,427,676
Net assets £95,387£2,297,638£4,221,296£5,015,990£5,065,335
Equity £95,387£675,833£2,297,638£4,221,296£5,015,990£5,065,335
Average employees 773796969
Wages £1,358,236£1,618,955£1,837,293£2,040,221
Directors' remuneration £20,210£183,333£200,000£200,000

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

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 2020-02-282021-02-282022-02-282022-12-312023-12-312024-12-31
Operating margin 18.4%17.6%11.1%1.3%
Net margin 15.3%15.0%8.7%1.9%
Return on capital employed 107.2%50.8%25.1%3.0%
Current ratio 4.66x3.90x
Interest cover 256.32x

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
Cooper Parry Group Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the directors' 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 financial statements are authorised for issue.”

Group structure

  1. POWERSHEDS LIMITED · parent
    1. Powersheds GMBH 100% · Germany

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

4 active · 0 resigned

Name Role Appointed Born Nationality
HOBSON, Simon Reggie Director 2019-01-28 Mar 1971 British
MCKAY, Bruce John Director 2026-03-27 Jul 1964 British
MILNE, Alan Graham Director 2022-08-09 Nov 1982 British
SUTCLIFFE, Jack Director 2019-01-28 Nov 1984 British

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Bsw Timber Limited Corporate entity Shares 25–50%, Voting 25–50% 2022-08-09 Active
Mr Simon Reggie Hobson Individual Shares 25–50%, Voting 25–50% 2019-01-28 Ceased 2022-08-09
Mr Jack Sutcliffe Individual Shares 25–50%, Voting 25–50% 2019-01-28 Ceased 2022-08-09

Filing timeline

Last 20 of 38 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2024-06-07 MA Memorandum articles
  • 2024-06-07 RESOLUTIONS Resolution
  • 2022-08-15 MA Memorandum articles
  • 2022-08-15 RESOLUTIONS Resolution
Date Type Category Description
2026-03-31 AP01 officers Appoint person director company with name date PDF
2026-02-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-01 AA accounts Accounts with accounts type group
2025-01-29 CS01 confirmation-statement Confirmation statement with updates PDF
2024-09-06 AA accounts Accounts with accounts type group
2024-06-07 MA incorporation Memorandum articles
2024-06-07 RESOLUTIONS resolution Resolution
2024-06-04 SH01 capital Capital allotment shares PDF
2024-06-04 SH01 capital Capital allotment shares PDF
2024-03-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-09-27 AA accounts Accounts with accounts type full PDF
2023-08-15 AD01 address Change registered office address company with date old address new address PDF
2023-01-27 CS01 confirmation-statement Confirmation statement with updates PDF
2022-08-15 MA incorporation Memorandum articles
2022-08-15 RESOLUTIONS resolution Resolution
2022-08-15 SH08 capital Capital name of class of shares
2022-08-15 AA01 accounts Change account reference date company current shortened PDF
2022-08-12 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2022-08-12 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2022-08-12 PSC07 persons-with-significant-control Cessation of a person with significant control PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
2

last 24 months

Officers appointed
1

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page