THWAITES LIMITED
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Cash
£7M
+170.2% vs 2024
Net assets
£38M
+1.2% vs 2024
Employees
282
+1.4% vs 2024
Profit before tax
£6M
+2.2% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-08-31
| Metric | Trend | 2024-08-31 | 2025-08-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £79,699,000 | £84,643,000 | +6.2% | |
| Operating profit | £5,759,000 | £6,315,000 | +9.7% | |
| Profit before tax | £5,859,000 | £5,988,000 | +2.2% | |
| Net profit | £4,548,000 | £4,470,000 | -1.7% | |
| Cash | £2,600,000 | £7,024,000 | +170.2% | |
| Total assets less current liabilities | £40,763,000 | £47,324,000 | +16.1% | |
| Net assets | £37,537,000 | £38,005,000 | +1.2% | |
| Equity | £37,537,000 | £38,005,000 | +1.2% | |
| Average employees | 278 | 282 | +1.4% | |
| Wages | £14,316,000 | £14,607,000 | +2% | |
| Directors' remuneration | £1,850,000 | £2,186,000 | +18.2% |
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 | 2024-08-31 | 2025-08-31 |
|---|---|---|---|
| Operating margin | 7.2% | 7.5% | |
| Net margin | 5.7% | 5.3% | |
| Return on capital employed | 14.1% | 13.3% | |
| Current ratio | 3.18x | 2.98x | |
| Interest cover | — | 15.40x |
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.
Name history
Renamed 1 time since incorporation
- THWAITES LIMITED 1981-12-31 → present
- THWAITES ENGINEERING CO.LIMITED 1944-05-13 → 1981-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HILL, Simon Kimberley | Secretary | 2015-12-22 | — | — |
| BROWN, Ian Charles Metcalfe | Director | 1997-09-01 | Nov 1958 | British |
| DULVERTON, Gilbert Michael Hamilton, Rt Hon The Lord | Director | — | May 1944 | British |
| HILL, Simon Kimberley | Director | 2016-03-24 | Jun 1971 | British |
| WILLS, Robert Anthony, The Hon. | Director | 2018-04-11 | Oct 1983 | British |
| WILLS, Robert Ian Hamilton | Director | 1992-12-22 | Jun 1948 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GOODYEAR, Allen James | Secretary | 1993-08-23 | 2000-12-31 |
| TROTMAN, Steven | Secretary | 2001-01-01 | 2015-12-22 |
| WHITTAKER, David | Secretary | — | 1993-08-23 |
| CHRISTOPHERS, Theodore Edgar | Director | — | 1992-12-22 |
| CONSTANTINE, John | Director | — | 1992-12-22 |
| EARLES, Alan Ernest | Director | 1995-01-01 | 2016-12-20 |
| GIVEN, John | Director | 1992-12-22 | 1998-06-25 |
| PHELAN, Kevin Joseph | Director | 2016-03-24 | 2019-05-31 |
| RICHARDSON, Andrew John Houison | Director | 1996-11-04 | 1997-05-02 |
| THWAITES, Michael John | Director | — | 1992-12-22 |
| WEBB, John | Director | — | 1993-08-23 |
| WHITTAKER, David | Director | 1992-12-22 | 1996-04-30 |
| WOOD, Stuart Mark Douglas | Director | 2000-03-01 | 2001-04-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lord Michael Dulverton | Individual | Shares 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 169 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-15 | AA | accounts | Accounts with accounts type full | |
| 2026-04-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-09 | CH01 | officers | Change person director company with change date | |
| 2025-05-19 | AA | accounts | Accounts with accounts type full | |
| 2025-03-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-14 | AA | accounts | Accounts with accounts type full | |
| 2024-04-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-05 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-05-12 | AA | accounts | Accounts with accounts type full | |
| 2023-03-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-05-06 | AA | accounts | Accounts with accounts type full | |
| 2022-04-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-05-17 | AA | accounts | Accounts with accounts type full | |
| 2021-03-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-05-18 | AA | accounts | Accounts with accounts type full | |
| 2020-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-01-02 | CH01 | officers | Change person director company with change date | |
| 2020-01-02 | CH01 | officers | Change person director company with change date | |
| 2019-06-12 | TM01 | officers | Termination director company with name termination date | |
| 2019-05-21 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.