BETTS GROUP LIMITED

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

• Turnover

  +49.2%

  £32,665,703 → £48,733,812

• Cash

  -67.4%

  £309,583 → £100,864

• Net assets

  +57.5%

  £822,039 → £1,294,320

  highest in 3 filed years

• Employees

  0%

  58 → 58

• Operating profit

  +0.9%

  £467,567 → £471,801

• Profit before tax

  +5.5%

  £447,482 → £472,281

• Wages

  +21.7%

  £1,713,400 → £2,084,831

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Ballards LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“These financial statements have been prepared on a going concern basis, which was made possible through the successful completion of the Company Voluntary Arrangement in April 2023. This reduced the obligations of the business to manageable levels and allowed the Group to continue to trade and contribute to the local economy. The Directors have performed a robust analysis and considered all relevant information, including the profitable trading position of the business since the balance sheet date, annual budgets and forecast future cash flows. The directors are therefore satisfied that the Group can meet its liabilities as they fall due for a period of at least 12 months from the date of signing the financial statements. The directors are therefore of the opinion that it is appropriate to prepare these statements on a going concern basis.”

Group structure

1. BETTS GROUP LIMITED · parent
   1. Stephen Betts and Sons Limited 100% · United Kingdom

Significant events

• “Following the fire in Kidderminster in 2021, the business concluded a Company Voluntary Arrangement in April 2023 in order to maintain its going concern status.”
• “The Company continued to operate under the Company Voluntary Arrangement (CVA) during the financial year, which it entered in April 2023. At the date of approving this report, the Company had made all contributions to the CVA. Contributions to the value of £3.0m were made by the Company. It was confirmed as at 21 November 2025 that all payments were made under the CVA and the Company has fulfilled all its obligations. No liability remains.”

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

Filings

6

last 12 months

Capital events

2

last 24 months

Officers appointed

0

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.