PARK SHEET METAL COMPANY LIMITED
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Cash
£2m
-16.7% vs 2024
Net assets
£5.4m
-5.4% vs 2024
Employees
126
-25.4% lowest in 3 filed years
Profit before tax
-£679k
-183.2% lowest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary 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 | £22,881,000 | £19,246,000 | £13,170,000 | -31.6% | |
| Operating profit | £1,004,000 | £872,000 | -£658,000 | -175.5% | |
| Profit before tax | £836,000 | £816,000 | -£679,000 | -183.2% | |
| Net profit | £578,000 | £378,000 | -£310,000 | -182% | |
| Cash | £626,000 | £2,345,000 | £1,953,000 | -16.7% | |
| Total assets less current liabilities | £6,700,000 | £7,113,000 | £6,293,000 | -11.5% | |
| Net assets | £5,312,000 | £5,690,000 | £5,380,000 | -5.4% | |
| Equity | £5,312,000 | £5,690,000 | £5,380,000 | -5.4% | |
| Average employees | 197 | 169 | 126 | -25.4% | |
| Wages | £6,370,000 | £5,941,000 | £4,336,000 | -27% | |
| Directors' remuneration | £661,000 | £664,000 | £364,000 | -45.2% | |
| Directors' pension contributions | £77,000 | £13,000 | £10,000 | -23.1% | |
| Highest paid director | £345,000 | £390,000 | £134,000 | -65.6% |
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 | 4.4% | 4.5% | -5.0% | |
| Net margin | 2.5% | 2.0% | -2.4% | |
| Return on capital employed | 15.0% | 12.3% | -10.5% | |
| Gearing (liabilities / total assets) | 73.1% | 73.4% | 75.6% | |
| Current ratio | 1.24x | 1.27x | 1.22x | |
| Interest cover | 1.20x | 0.79x | -0.52x |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for at least 12 months from the approval of the financial statements.”
Significant events
- “On 25 June 2026, the Group's banking covenants were reset following agreement with HSBC UK Bank Plc. The Company, as a member of the group headed by Bayton Topco Limited, is party to cross-company guarantees in respect of this facility and is therefore subject to the revised covenant arrangements”
- “Against the backdrop of continued challenges in the automotive sector, the directors took the decision mid-2025 to engage proactively with HSBC UK Bank Plc, the group's lender, to review the existing facility... the facility was amended on 25 June 2026 by way of a revised suite of covenants”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MACFARLANE, Sarah Louise | Secretary | 2020-10-01 | — | — |
| FISCHER, Andrew Olaf | Director | 2019-07-08 | Aug 1964 | German |
| MACFARLANE, Sarah Louise | Director | 2023-10-12 | Mar 1985 | British |
| MCNEY, Darryl | Director | 2025-07-01 | May 1971 | British |
| PEREZ CORRAL, Maria | Director | 2020-10-14 | Sep 1980 | Spanish |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PAYNE, Richard Neil | Secretary | 2003-05-01 | 2013-04-08 |
| PAYNE, Timothy James | Secretary | — | 2003-05-01 |
| BARGE, Mark Stephen | Director | 2019-11-14 | 2025-07-01 |
| BURCHELL, Timothy John | Director | 2012-06-11 | 2019-07-08 |
| LARGE, Simon Peter | Director | 2012-06-11 | 2024-10-01 |
| PAYNE, George Frederick | Director | — | 1992-12-01 |
| PAYNE, Jonathan George | Director | — | 2003-05-16 |
| PAYNE, Richard Neil | Director | 2004-11-23 | 2013-04-08 |
| PAYNE, Stephen James | Director | 2004-11-23 | 2019-07-08 |
| PAYNE, Timothy James | Director | — | 2006-09-01 |
| PENTER, Graham | Director | 2017-07-06 | 2023-10-12 |
| SAUNDERS, David George | Director | 2015-04-27 | 2025-06-27 |
| SHEEHAN, Patrick Joseph Anthony | Director | — | 2019-07-08 |
| TAYLOR, Merrick Wentworth | Director | — | 2012-02-15 |
| VIRDI, Balraj Singh | Director | 2019-07-08 | 2021-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Earlham Trading Company Limited | Corporate entity | Shares 75–100% (as firm), Voting 75–100% (as firm), Significant influence (as firm) | 2016-04-06 | Ceased 2016-04-06 |
| Drybrough Trading Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 144 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-25 | AA | accounts | Accounts with accounts type full | |
| 2026-09-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-10 | AA | accounts | Accounts with accounts type full | |
| 2025-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-27 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-05 | AA | accounts | Accounts with accounts type full | |
| 2023-10-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-24 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-25 | AA | accounts | Accounts with accounts type full | |
| 2022-10-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-28 | AA | accounts | Accounts with accounts type full | |
| 2021-09-27 | AA | accounts | Accounts with accounts type full | |
| 2021-09-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-30 | TM01 | officers | Termination director company with name termination date | |
| 2020-12-16 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.