VEITCHI (HOLDINGS) LIMITED
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Next accounts due
2027-08-31 (in 1y)
Last filed for 2025-11-30
Confirmation statement due
2027-05-10 (in 1y)
Last made up 2026-04-26
Watchouts
Cash
£9M
-9.2% vs 2024
Net assets
£15M
+9.8% highest in 3 filed years
Employees
260
-10% lowest in 3 filed years
Profit before tax
£2M
+12.3% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · latest reflected 2025-11-30
| Metric | Trend | 2023-11-30 | 2024-11-30 | 2025-11-30 |
|---|---|---|---|---|
| Turnover | — | £37,449,000 | £33,980,000 | |
| Operating profit | — | £1,510,000 | £1,392,000 | |
| Profit before tax | — | £2,163,000 | £2,429,000 | |
| Net profit | £3,718,000 | £1,607,000 | £1,744,000 | |
| Cash | £6,638,000 | £10,251,000 | £9,305,000 | |
| Total assets less current liabilities | £10,286,000 | £13,868,000 | £15,225,000 | |
| Net assets | £10,103,000 | £13,868,000 | £15,224,000 | |
| Equity | £10,103,000 | £13,868,000 | £15,224,000 | |
| Average employees | 289 | 289 | 260 | |
| Wages | — | £12,181,000 | £10,970,000 | |
| Directors' remuneration | — | £616,000 | £385,000 |
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
FY2024 → FY2025 · period ending 2025-11-30 vs 2024-11-30
-
Turnover
-9.3%
£37,449,000 £33,980,000
-
Cash
-9.2%
£10,251,000 £9,305,000
-
Net assets
+9.8%
£13,868,000 £15,224,000
highest in 3 filed years
-
Employees
-10%
289 260
lowest in 3 filed years
-
Operating profit
-7.8%
£1,510,000 £1,392,000
-
Profit before tax
+12.3%
£2,163,000 £2,429,000
-
Wages
-9.9%
£12,181,000 £10,970,000
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 | 2023-11-30 | 2024-11-30 | 2025-11-30 |
|---|---|---|---|---|
| Operating margin | — | 4.0% | 4.1% | |
| Net margin | — | 4.3% | 5.1% | |
| Return on capital employed | — | 10.9% | 9.1% | |
| Gearing (liabilities / total assets) | — | 50.3% | 46.1% | |
| Current ratio | — | 1.74x | 1.89x | |
| Interest cover | — | 167.78x | 278.40x |
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
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
Group structure
- VEITCHI (HOLDINGS) LIMITED · parent
- Linotol Products Limited 100%
- Property Repair Network Limited 100%
- Richardson & Starling (Northern) Limited 100%
- Veitchi (Scotland) Limited 100%
- Veitchi Flooring Limited 100%
- Veitchi Homes Limited 100%
- Veitchi Industrial Flooring Limited 100%
- Veitchi Interiors Limited 100%
- Veitchi Frame Limited 100%
Significant events
- “The defined benefit pension scheme completed buy out by insurers in February 2025 and was successfully wound up on 22 December 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 22 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARTLEMAN, Katy Louise | Secretary | 2021-11-08 | — | — |
| BROWN, John Oswald | Director | 2022-06-29 | Feb 1979 | British |
| KENNEDY, Colin John | Director | 2022-06-29 | Sep 1972 | British |
| STEWART, James | Director | 2024-09-01 | Feb 1966 | British |
Show 22 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MACNEILL, Stuart Duncan | Secretary | — | 2003-04-11 |
| STEWART, James | Secretary | 2003-04-11 | 2021-11-08 |
| ANDERSON, James Douglas | Director | — | 2003-04-11 |
| BIGGART, William Mitchell | Director | 2014-05-29 | 2016-10-06 |
| BROWNING, Norman Robert | Director | — | 2000-04-06 |
| DUNCAN, Graham Thomas | Director | 2004-12-01 | 2007-06-28 |
| GUTHRIE, Hamish Kirk | Director | 2006-12-18 | 2012-04-19 |
| JACK, Hugh | Director | 2011-09-29 | 2012-01-16 |
| MACCUISH, Angus | Director | 2017-02-01 | 2018-06-10 |
| MADDOCK, David John | Director | 2000-04-10 | 2007-06-28 |
| MCKAY, Robert Ernest William | Director | — | 2001-03-30 |
| PARK, James Stott | Director | — | 1995-02-20 |
| PEEBLES, Howard Alexander | Director | — | 2003-07-31 |
| PRESTON, James Jackson Wilson | Director | 2012-07-17 | 2023-04-30 |
| RATTRAY, Alistair Ian | Director | 1990-12-01 | 2012-04-19 |
| RATTRAY, Hugh | Director | 1990-12-01 | 1996-07-02 |
| STEWART, James | Director | 2002-04-01 | 2024-04-30 |
| STRACHAN, Alistair Matthew | Director | 1990-12-01 | 2007-05-31 |
| TEDESCHI, Raymond Richard | Director | 2012-01-13 | 2023-04-30 |
| WALKER, David Thomas Gourlay | Director | 2000-04-10 | 2007-06-28 |
| WILSON, James | Director | — | 1995-03-31 |
| YOUNG, James | Director | 2004-12-01 | 2013-04-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr John Oswald Brown | Individual | Significant influence | 2023-04-28 | Ceased 2024-10-21 |
| Mr James Jackson Wilson Preston | Individual | Significant influence | 2016-04-06 | Ceased 2023-05-03 |
Filing timeline
Last 20 of 196 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-28 | AA | accounts | Accounts with accounts type group | |
| 2025-05-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-06 | AA | accounts | Accounts with accounts type group | |
| 2024-10-24 | CH01 | officers | Change person director company with change date | |
| 2024-10-24 | CH01 | officers | Change person director company with change date | |
| 2024-10-21 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2024-10-21 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-09-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-14 | AA | accounts | Accounts with accounts type group | |
| 2024-05-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-16 | AA | accounts | Accounts with accounts type group | |
| 2023-05-16 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-05-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-05-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-05-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-02 | TM01 | officers | Termination director company with name termination date | |
| 2022-06-29 | AP01 | officers | Appoint person director company with name date | |
| 2022-06-29 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.