MATTHEW ALGIE & COMPANY LIMITED
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Cash
£401k
-62% lowest in 3 filed years
Net assets
£51m
-8.4% vs 2024
Employees
345
-12.2% lowest in 3 filed years
Profit before tax
£4.5m
+4.9% highest in 3 filed years
Net assets
3-year trend · vs Consumer Staples median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £67,475,091 | £64,735,102 | £66,374,248 | +2.5% | |
| Operating profit | £4,153,108 | £4,064,525 | £4,306,652 | +6% | |
| Profit before tax | £4,210,156 | £4,300,972 | £4,511,801 | +4.9% | |
| Net profit | £4,197,701 | £4,928,898 | £3,120,053 | -36.7% | |
| Cash | £1,094,233 | £1,054,313 | £400,944 | -62% | |
| Total assets less current liabilities | £52,439,053 | £57,917,743 | £53,489,800 | -7.6% | |
| Net assets | £51,253,831 | £56,022,229 | £51,341,536 | -8.4% | |
| Equity | £51,253,831 | £56,022,229 | £51,341,536 | -8.4% | |
| Average employees | 364 | 393 | 345 | -12.2% | |
| Wages | £13,893,656 | £13,966,206 | £14,038,834 | +0.5% | |
| Directors' remuneration | £543,672 | £837,081 | £825,592 | -1.4% | |
| Directors' pension contributions | £27,361 | £25,515 | £35,495 | +39.1% | |
| Highest paid director | £343,789 | £577,156 | £342,397 | -40.7% |
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 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 6.2% | 6.3% | 6.5% | |
| Net margin | 6.2% | 7.6% | 4.7% | |
| Return on capital employed | 7.9% | 7.0% | 8.1% | |
| Gearing (liabilities / total assets) | 25.2% | 21.1% | 22.9% | |
| Current ratio | 2.29x | 3.04x | 2.83x | |
| Interest cover | 4.69x | 5.68x | 5.27x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Rödl & Partner Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for a period of at least 12 months from the date of signing the accounts. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Group structure
- MATTHEW ALGIE & COMPANY LIMITED · parent
- Dualtrade Limited 100%
- Shearer Supplies Limited 100%
- Espresso Warehouse Limited 100%
- Matthew Algie (Ireland) Limited 100%
Significant events
- “On 1 January 2024, the company merged with Tchibo Coffee International Ltd (TCI). This corporate restructuring marked a step change in the company's financial performance and balance sheet position.”
- “At the balance sheet date, there was a bond in favour of HM Revenue & Customs for €100,000 (2024: €100,000).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ASAMOA, Kate Elizabeth Jane | Director | 2016-08-11 | Jan 1976 | British |
| CHADDERTON, Paul | Director | 2018-10-31 | Mar 1963 | British |
| HEINEN, Thomas | Director | 2025-11-10 | Dec 1969 | German |
| SNOW, Nicholas John | Director | 2016-08-11 | Jan 1964 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| NICOL, Gary Lawrence | Secretary | 1999-08-09 | 2016-12-23 |
| SLATER, James | Secretary | — | 1999-07-28 |
| BIGGS, David James | Director | 2013-01-01 | 2014-10-08 |
| GRIEVE, Harald Gilbertson | Director | — | 1993-12-03 |
| GRIEVE, Harvey Kyle | Director | 1993-03-18 | 2002-04-25 |
| HAGMAN, Eric | Director | 2008-06-04 | 2016-08-11 |
| MCGADEY, Peter | Director | 2002-04-01 | 2017-12-31 |
| MOXHAM, Clive Wilson | Director | 2002-04-01 | 2008-08-19 |
| MOYES, Andrew Mark | Director | 2017-12-31 | 2018-06-04 |
| MUIR, Gordon James Graham | Director | 2010-11-01 | 2011-12-07 |
| NICOL, Gary Lawrence | Director | 2000-02-22 | 2016-12-23 |
| O'HAGAN, Brian | Director | 2014-10-03 | 2017-12-31 |
| REID, Ewan Wallace | Director | 2002-04-01 | 2022-04-01 |
| SLATER, James | Director | — | 1999-08-09 |
| WILLIAMSON, Charles Andrew | Director | — | 2005-04-18 |
| WILLIAMSON, David Robert | Director | 1993-03-18 | 2008-04-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Michael Herz | Individual | Significant influence | 2026-01-09 | Active |
Filing timeline
Last 20 of 153 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-07-28 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-13 | AA | accounts | Accounts with accounts type full | |
| 2026-07-16 | TM01 | officers | Termination director company with name termination date | |
| 2026-07-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-05-18 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-03 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-03-03 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2025-11-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-23 | AA | accounts | Accounts with accounts type full | |
| 2025-08-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-26 | AA | accounts | Accounts with accounts type full | |
| 2024-08-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-03 | AA | accounts | Accounts with accounts type full | |
| 2023-07-28 | RESOLUTIONS | resolution | Resolution | |
| 2023-07-27 | SH01 | capital | Capital allotment shares | |
| 2023-07-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-25 | AA | accounts | Accounts with accounts type full | |
| 2022-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2021-12-22 | AA | accounts | Accounts with accounts type full | |
| 2021-08-09 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 1
- 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.