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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-07-13 (in 2mo)

Last made up 2025-06-29

Watchouts

None on the register

Cash

£3M

-40.8% vs 2024

Net assets

£9M

+4.9% vs 2024

Employees

67

+11.7% vs 2024

Profit before tax

£1M

-6.3% vs 2024

Accounts

5-year trend · latest reflected 2025-03-31

Metric Trend 2021-03-312022-03-312023-03-312024-03-312025-03-31
Turnover £9,851,303£10,113,378
Operating profit £1,215,563£1,081,393
Profit before tax £1,251,937£1,172,690
Net profit £873,612£743,063
Cash £4,741,213£2,805,422
Total assets less current liabilities £9,859,294£10,369,633
Net assets £8,568,262£8,986,280
Equity £8,568,262£8,986,280
Average employees 6067
Wages £1,646,467£1,831,843
Directors' remuneration £98,916£97,626

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 2025-03-31 vs 2024-03-31

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 2021-03-312022-03-312023-03-312024-03-312025-03-31
Operating margin 12.3%10.7%
Net margin 8.9%7.3%
Return on capital employed 12.3%10.4%
Current ratio 3.62x3.65x
Interest cover 42.95x40.48x

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 3 times since incorporation

  1. RUSSWOOD LTD. 1995-06-19 → present
  2. RUSSELL COAL & TIMBER LTD. 1990-11-09 → 1995-06-19
  3. J.S. MACPHERSON LIMITED 1985-06-03 → 1990-11-09
  4. QUALDORN LIMITED 1985-03-29 → 1985-06-03

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Mackenzie Kerr Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

  1. RUSSWOOD LTD. · parent
    1. SIOO UK Ltd 100% · UK

Significant events

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

People

5 active · 9 resigned

Name Role Appointed Born Nationality
RUSSELL, John Donald Secretary 2003-05-09 British
RUSSELL, Isla Director 2001-04-01 Jul 1965 British
RUSSELL, John Donald Director Oct 1960 British
RUSSELL, Michael Robert Director 2022-03-31 Apr 1993 British
RUSSELL, Naomi Director 2022-03-31 Oct 1990 British
Show 9 resigned officers
Name Role Appointed Resigned
CROMBIE, Lorna Catherine Secretary 1990-10-01 2003-05-09
RUSSEL, John Donald Secretary 1990-10-01
CROMBIE, Lorna Catherine Director 2016-04-01 2021-01-28
HOWIE, Claire Elizabeth Director 2018-01-01 2025-05-13
KISSOCK, John Andrew Director 2012-09-01 2018-03-31
MACKINTOSH, Paul John Director 2009-04-01 2022-03-31
NEILSON, Alexander William Director 2006-04-01 2012-05-27
RUSSELL, Alexander James Director 2000-06-08
SNEDDEN, Neil Andrew James Director 2017-05-01 2018-02-15

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mrs Isla Russell Individual Shares 25–50% 2016-06-01 Ceased 2022-06-01
Mr John Donald Russell Individual Shares 50–75% 2016-06-01 Active

Filing timeline

Last 20 of 149 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2024-03-06 RESOLUTIONS Resolution
  • 2024-03-05 MA Memorandum articles
  • 2022-06-24 MA Memorandum articles
  • 2022-06-24 RESOLUTIONS Resolution
Date Type Category Description
2025-12-18 AA accounts Accounts with accounts type full PDF
2025-07-02 CS01 confirmation-statement Confirmation statement with updates PDF
2025-05-14 TM01 officers Termination director company with name termination date PDF
2024-09-25 AA accounts Accounts with accounts type full PDF
2024-07-10 CS01 confirmation-statement Confirmation statement with updates PDF
2024-03-06 SH08 capital Capital name of class of shares
2024-03-06 SH10 capital Capital variation of rights attached to shares
2024-03-06 RESOLUTIONS resolution Resolution
2024-03-05 MA incorporation Memorandum articles
2023-08-30 AA accounts Accounts with accounts type full PDF
2023-06-30 CS01 confirmation-statement Confirmation statement with updates PDF
2022-11-17 AA accounts Accounts with accounts type full
2022-08-10 CS01 confirmation-statement Confirmation statement with updates PDF
2022-06-29 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2022-06-24 MA incorporation Memorandum articles
2022-06-24 RESOLUTIONS resolution Resolution
2022-06-24 SH08 capital Capital name of class of shares
2022-04-04 AP01 officers Appoint person director company with name date PDF
2022-04-04 AP01 officers Appoint person director company with name date PDF
2022-04-04 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page