PROFAST GROUP LIMITED
Get an alert when PROFAST GROUP LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£354K
-23.2% vs 2023
Net assets
£6.6M
+38% vs 2023
Employees
77
+2.7% vs 2023
Profit before tax
£2.3M
+265% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £19,493,387 | £17,692,980 | -9.2% | |
| Operating profit | £746,570 | £263,357 | -64.7% | |
| Profit before tax | £620,610 | £2,265,407 | +265% | |
| Net profit | £513,899 | £1,882,173 | +266.3% | |
| Cash | £461,518 | £354,242 | -23.2% | |
| Total assets less current liabilities | £4,893,471 | £6,672,603 | +36.4% | |
| Net assets | £4,777,390 | £6,590,914 | +38% | |
| Equity | £4,777,390 | £6,590,914 | +38% | |
| Average employees | 75 | 77 | +2.7% | |
| Wages | £2,994,168 | £2,892,721 | -3.4% | |
| Directors' remuneration | £396,819 | £553,396 | +39.5% |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 3.8% | 1.5% | |
| Net margin | 2.6% | 10.6% | |
| Return on capital employed | 15.3% | 3.9% | |
| Gearing (liabilities / total assets) | 44.4% | 34.6% | |
| Current ratio | 2.14x | 2.88x | |
| Interest cover | 5.82x | 2.23x |
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.
Name history
Renamed 1 time since incorporation
- PROFAST GROUP LIMITED 1996-08-23 → present
- PROFAST (NORTHERN IRELAND) LIMITED 1995-06-30 → 1996-08-23
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- GMCG BELFAST
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the group 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.”
Group structure
- PROFAST GROUP LIMITED · parent
- Fortus Hardware Limited 100%
- Profast (NI) Limited 100%
- Profast Limited 100%
Significant events
- “On 28 June 2024, the entire share capital of Profast Group Limited was acquired by Titan GRP Limited.”
- “The group disposed of its subsidiary company, Aptus Fastener Systems Limited, in June 2024.”
- “The group also disposed of its two freehold properties in the year, realising a profit on disposal of £2.1m.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MACARTNEY, Joanne Michele | Secretary | 2019-07-01 | — | — |
| AIKEN, Jonathan Henry | Director | 2024-06-28 | Sep 1979 | British |
| CLARKE, Stephen David | Director | 2024-06-28 | Jun 1992 | British |
| MILNE, Craig Bennet | Director | 2024-06-28 | Jul 1972 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GRANT, Paul | Secretary | 2011-05-12 | 2019-06-30 |
| ORMSBY, Frances Ann | Secretary | 1995-06-30 | 2011-05-12 |
| DORIS, John | Director | 2002-01-29 | 2009-11-30 |
| FLYNN, Brendan James | Director | 1995-06-30 | 2024-06-28 |
| GILLESPIE, Iain Leonard | Director | 1995-06-30 | 2002-01-07 |
| GREGG, Philip James | Director | 2002-08-21 | 2024-06-28 |
| KEARNEY, Bernard James | Director | 2019-09-01 | 2021-12-31 |
| KIRWAN, Thomas Anthony | Director | 2002-01-29 | 2002-01-29 |
| MARTIN, Eric Joseph Arthur | Director | 1995-06-30 | 2006-02-01 |
| MCGRANE, Paula | Director | 2002-01-07 | 2004-01-09 |
| TAYLOR, Stewart Ivan | Director | 2012-06-07 | 2024-06-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Titan Grp Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2024-06-28 | Active |
| Profast Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence | 2016-06-30 | Ceased 2024-06-28 |
Filing timeline
Last 20 of 133 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-08 | AA | accounts | Accounts with accounts type group | |
| 2025-06-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-12 | AA | accounts | Accounts with accounts type group | |
| 2024-08-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-07-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-07-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-02 | SH01 | capital | Capital allotment shares | |
| 2024-07-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 1
- 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.