MACFARLANE LABELS LIMITED
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Cash
£2.7m
+54.9% highest in 3 filed years
Net assets
£9.1m
-2.7% vs 2025
Employees
71
-6.6% lowest in 3 filed years
Profit before tax
-£286k
-123% vs 2025
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-02-28
| Metric | Trend | 2024-02-29 | 2025-02-28 | 2026-02-28 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £16,293,000 | £15,619,000 | £15,865,000 | +1.6% | |
| Operating profit | -£262,000 | £170,000 | -£317,000 | -286.5% | |
| Profit before tax | -£328,000 | £1,243,000 | -£286,000 | -123% | |
| Net profit | -£276,000 | £1,187,000 | -£255,000 | -121.5% | |
| Cash | £2,710,000 | £1,750,000 | £2,711,000 | +54.9% | |
| Total assets less current liabilities | £9,456,000 | £10,545,000 | £12,207,000 | +15.8% | |
| Net assets | £8,134,000 | £9,321,000 | £9,066,000 | -2.7% | |
| Equity | £8,134,000 | £9,321,000 | £9,066,000 | -2.7% | |
| Average employees | 77 | 76 | 71 | -6.6% | |
| Wages | £2,855,000 | £2,814,000 | £2,791,000 | -0.8% | |
| Directors' remuneration | — | — | — | — |
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 | 2024-02-29 | 2025-02-28 | 2026-02-28 |
|---|---|---|---|---|
| Operating margin | -1.6% | 1.1% | -2.0% | |
| Net margin | -1.7% | 7.6% | -1.6% | |
| Return on capital employed | -2.8% | 1.6% | -2.6% | |
| Gearing (liabilities / total assets) | 47.1% | 40.6% | 51.4% | |
| Current ratio | 1.45x | 1.77x | 1.60x | |
| Interest cover | -3.08x | 0.99x | -1.54x |
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
- MACFARLANE LABELS LIMITED 1999-12-21 → present
- N.S. MACFARLANE & CO. LIMITED 1949-04-26 → 1999-12-21
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“As at the date of this report, the Directors have a reasonable expectation that the Company with the support of the Group has adequate resources to continue business in the foreseeable future. The Company has therefore continued to adopt a going concern basis.”
Group structure
- MACFARLANE LABELS LIMITED · parent
- Macfarlane Labels (Ireland) Limited 100%
- Reseal-it AB 100%
Significant events
- “In October 2025, the Group successfully completed a full refinancing of its banking facilities.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JONES, Anthony David | Secretary | 2021-12-31 | — | — |
| BATES, Ian David | Director | 2025-08-28 | Jun 1968 | British |
| CATTELL, Graham | Director | 2025-09-10 | May 1976 | British |
| COX, Benjamin Lewis | Director | 2025-09-10 | Sep 1978 | British |
| KENDALL, Ian George | Director | 2021-12-31 | Mar 1965 | British |
| TOMLIN, Gary Adrian | Director | 2021-12-31 | May 1970 | British |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COTTON, Andrew | Secretary | 2000-01-01 | 2015-05-08 |
| GRAY, Ivor | Secretary | 1996-11-18 | 1999-12-31 |
| LETTON, Eric Sutherland Walker | Secretary | 1994-04-29 | 1996-11-18 |
| LOVE, John | Secretary | 2015-05-08 | 2021-03-25 |
| MACDONALD, James | Secretary | 2021-03-25 | 2021-12-31 |
| REEKIE, Andrew | Secretary | — | 1994-04-29 |
| ALLAN, Donald Campbell | Director | 1990-01-01 | 1993-09-16 |
| ATKINSON, Peter Duncan | Director | 2009-07-16 | 2021-12-31 |
| BENNETT, Peter Fothergill | Director | — | 1991-08-30 |
| BRYCE, William Henry | Director | — | 1990-07-27 |
| BYRNE, William | Director | — | 1999-12-31 |
| CASEY, Graham Hendry | Director | 1989-07-01 | 2009-03-24 |
| COTTON, Andrew | Director | 2000-01-01 | 2015-05-08 |
| GRAHAM, John | Director | 1991-01-01 | 1998-12-31 |
| GRAY, Ivor | Director | 2020-03-16 | 2021-12-31 |
| GRAY, Ivor | Director | 1999-01-01 | 1999-12-31 |
| LANCASTER, Paul | Director | 2000-05-22 | 2007-03-02 |
| LEACH, Melanie Elizabeth | Director | 1991-01-01 | 1995-04-30 |
| LETTON, Eric Sutherland Walker | Director | 1993-01-01 | 1996-11-18 |
| LOVE, John | Director | 2009-07-16 | 2021-03-25 |
| MACDONALD, James Graham | Director | 2021-03-25 | 2021-12-31 |
| MACFARLANE OF BEARSDEN, Lord | Director | — | 1999-06-30 |
| MACKIE, William Paterson | Director | 1991-01-01 | 1999-06-30 |
| MCNAUGHT, William Garth | Director | — | 1990-10-26 |
| MITCHELL, Graham Ewen | Director | 1991-01-01 | 1999-12-02 |
| OSBORNE, John Peter | Director | — | 1991-11-30 |
| WILLIAMSON, Gregor Macgregor | Director | 1992-04-30 | 2015-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Reflex Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-12-31 | Active |
| Macfarlane Group Plc | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2021-12-31 |
Filing timeline
Last 20 of 184 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-15 MA Memorandum articles
- 2025-10-15 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-14 | AA | accounts | Accounts with accounts type full | |
| 2026-04-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-15 | MA | incorporation | Memorandum articles | |
| 2025-10-15 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-09-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-29 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-20 | AA | accounts | Accounts with accounts type full | |
| 2024-11-02 | 466(Scot) | mortgage | Mortgage alter floating charge with number |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- 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.