BUZZWORKS HOLDINGS GROUP LIMITED
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Next accounts due
2027-02-04 (in 9mo)
Last filed for 2025-05-04
Confirmation statement due
2026-10-30 (in 5mo)
Last made up 2025-10-16
Watchouts
Cash
£388K
-52% vs 2024
Net assets
£3M
-31.4% vs 2024
Employees
760
+4.8% highest in 6 filed years
Profit before tax
-£3M
-560.1% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2025-05-04
| Metric | Trend | 2020-05-03 | 2021-05-02 | 2022-05-01 | 2023-04-30 | 2024-04-28 | 2025-05-04 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £34,383,450 | £37,329,690 | |
| Operating profit | — | — | — | — | £2,631,977 | £1,540,698 | |
| Profit before tax | — | — | — | — | -£418,810 | -£2,764,473 | |
| Net profit | — | — | — | — | -£402,545 | -£2,795,196 | |
| Cash | — | — | — | — | £808,062 | £388,139 | |
| Total assets less current liabilities | — | — | — | — | £31,925,193 | £23,917,876 | |
| Net assets | — | £906 | — | — | £4,916,068 | £3,372,622 | |
| Equity | — | — | — | — | £4,916,068 | £3,372,622 | |
| Average employees | 0 | 0 | 0 | 0 | 725 | 760 | |
| Wages | — | £0 | £0 | £0 | £13,468,918 | £14,834,880 | |
| 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. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-05-04 vs 2024-04-28
-
Turnover
+8.6%
£34,383,450 £37,329,690
-
Cash
-52%
£808,062 £388,139
-
Net assets
-31.4%
£4,916,068 £3,372,622
-
Employees
+4.8%
725 760
highest in 6 filed years
-
Operating profit
-41.5%
£2,631,977 £1,540,698
-
Profit before tax
-560.1%
-£418,810 -£2,764,473
-
Wages
+10.1%
£13,468,918 £14,834,880
highest in 5 filed years
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 | 2020-05-03 | 2021-05-02 | 2022-05-01 | 2023-04-30 | 2024-04-28 | 2025-05-04 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 7.7% | 4.1% | |
| Net margin | — | — | — | — | -1.2% | -7.5% | |
| Return on capital employed | — | — | — | — | 8.2% | 6.4% | |
| Current ratio | — | — | — | — | 0.80x | 0.34x | |
| Interest cover | — | — | — | — | 1.09x | 0.57x |
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
- BUZZWORKS HOLDINGS GROUP LIMITED 2018-09-07 → present
- NEWCO HOLDINGS 2 LIMITED 2017-04-04 → 2018-09-07
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Johnston Carmichael LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's 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 group's and parent 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
- BUZZWORKS HOLDINGS GROUP LIMITED · parent
- Buzzworks Holdings Limited 100%
- Buzzworks Hospitality Limited 100%
- Buzzworks Inns Limited 100%
- TSpaces Limited 100%
- T&Co Limited 100%
Significant events
- “In June 2025, the Group completed a significant strategic transaction in which Alchemy Partners, a private equity investor... made an investment in the business and is now the majority shareholder.”
- “Following the change in controlling party on 24 June 2025, as set out in note 29, existing bank loans of £10m and other borrowings due to third parties of £7m were settled and amounts due from related parties, including directors, of £3m were repaid.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BLAIR, Kenneth John | Director | 2017-04-04 | Jan 1970 | British |
| NEWTON, Will | Director | 2026-04-09 | Mar 1972 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BLAIR, Alison | Director | 2017-04-04 | 2023-04-26 |
| BLAIR, Colin Elliot | Director | 2017-04-04 | 2025-06-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Volvic Bidco Limited | Corporate entity | Shares 75–100%, ownership-of-shares-75-to-100-percent-as-firm, Voting 75–100%, voting-rights-75-to-100-percent-as-firm, Appoints directors | 2025-06-24 | Active |
| Mr Kenneth John Blair | Individual | Shares 25–50%, Voting 25–50% | 2017-04-04 | Ceased 2025-06-24 |
| Mr Colin Elliot Blair | Individual | Shares 25–50%, Voting 25–50% | 2017-04-04 | Ceased 2025-06-24 |
Filing timeline
Last 20 of 52 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-02 MA Memorandum articles
- 2025-07-02 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-14 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-04 | AA | accounts | Accounts with accounts type group | |
| 2025-10-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-26 | AA01 | accounts | Change account reference date company previous extended | |
| 2025-09-26 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-18 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-09-17 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-09-17 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-07-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-02 | MA | incorporation | Memorandum articles | |
| 2025-07-02 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-06-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-05-09 | SH01 | capital | Capital allotment shares | |
| 2025-04-28 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-04-28 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-01-31 | AA | accounts | Accounts with accounts type group | |
| 2024-11-06 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-16 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 15
- Capital events
- 1
- Officers appointed
- 1
- Officers resigned
- 1
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.