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Cash

£152k

+86.4% highest in 5 filed years

Net assets

£3.9m

-1.8% vs 2024

Employees

81

-19% vs 2024

Profit before tax

-£163k

-317.6% vs 2024

Accounts

5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2021-12-312022-12-312023-12-312024-12-312025-12-31 Δ vs prior
Turnover £9,474,386£11,931,564£12,238,180£12,224,026£10,444,110 -14.6%
Operating profit -£679,902£191,673£729,929£458,254£235,050 -48.7%
Profit before tax -£968,161-£141,326£369,435£74,851-£162,895 -317.6%
Net profit -£897,448-£82,134£154,175-£24,201-£72,813 -200.9%
Cash £3,585£62,958£82,860£81,357£151,662 +86.4%
Total assets less current liabilities £6,924,074£6,846,980£8,287,665£8,247,155£7,447,109 -9.7%
Net assets £3,956,323£3,874,189£4,028,364£4,004,163£3,931,350 -1.8%
Equity £3,956,323£3,874,189£4,028,364£4,004,163£3,931,350 -1.8%
Average employees 83799210081 -19%
Wages £2,504,432£2,768,176£3,129,608£3,116,325£2,858,964 -8.3%
Directors' remuneration £77,830£72,500£11,967£84,217£85,643 +1.7%
Directors' pension contributions ——£219£1,321£1,321 0%

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 2021-12-312022-12-312023-12-312024-12-312025-12-31
Operating margin -7.2%1.6%6.0%3.7%2.3%
Net margin -9.5%-0.7%1.3%-0.2%-0.7%
Return on capital employed -9.8%2.8%8.8%5.6%3.2%
Gearing (liabilities / total assets) 67.4%67.4%66.0%68.1%63.5%
Current ratio ——2.26x1.96x2.11x
Interest cover -2.36x0.58x2.02x1.20x0.59x

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

  1. W. CORBETT & CO. (GALVANIZING) LIMITED 1997-01-14 → present
  2. W.CORBETT & CO (WELLINGTON) LIMITED 1951-01-12 → 1997-01-14

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
PM+M Solutions for Business 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.”

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

People

3 active · 14 resigned

Name Role Appointed Born Nationality
DODWELL, Andrew Nicholas Director 2020-06-10 Dec 1962 British
MAKOFKA, Kyle Director 2023-01-27 Feb 1973 Canadian
STEPHENSON, Mark Director 2023-10-26 Aug 1988 British
Show 14 resigned officers
Name Role Appointed Resigned
CORBETT, Elizabeth Joy Secretary — 2005-12-06
RAI, Baksho Kaur Secretary 2005-12-06 2017-04-07
BEASLEY, David Aubrey Director 2006-04-01 2008-10-15
CORBETT, Barbara Avril Mansure Director — 1993-08-25
CORBETT, Elizabeth Joy Director — 2005-03-05
CORBETT, Howard Stanley Director — 1995-01-16
CORBETT, Richard Edward Director — 2005-12-06
RAI, Ajmer Singh Director 1995-01-16 2017-04-07
RAI, Baksho Kaur Director 2003-11-20 2017-04-07
RAI, Jorowar Singh Director 2000-10-12 2003-10-08
STATHAM, Mark Director 2008-06-13 2013-02-12
WARD, Timothy Director 2011-08-23 2020-02-24
WARD, Timothy Director 2005-03-05 2008-06-02
WILLIAMS, Sophie Louise Director 2012-10-02 2022-11-11

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Aghoco 1507 Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2017-04-07 Active
Mr Ajmer Singh Rai Individual Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2017-04-07
Mrs Baksho Kaur Rai Individual Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2017-04-07

Filing timeline

Last 20 of 163 total filings

Date Type Category Description
2026-09-30 AA accounts Accounts with accounts type full PDF
2025-12-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-18 AA accounts Accounts with accounts type full PDF
2024-12-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-11-08 AD02 address Change sail address company with old address new address PDF
2024-11-07 AD03 address Move registers to sail company with new address PDF
2024-09-30 AA accounts Accounts with accounts type full PDF
2023-12-11 CS01 confirmation-statement Confirmation statement with updates PDF
2023-12-11 AP01 officers Appoint person director company with name date PDF
2023-09-29 AA accounts Accounts with accounts type full PDF
2023-07-07 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2023-05-24 AA accounts Accounts with accounts type full
2023-02-01 AP01 officers Appoint person director company with name date PDF
2022-12-12 CS01 confirmation-statement Confirmation statement with updates PDF
2022-12-06 TM01 officers Termination director company with name termination date PDF
2022-08-24 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2021-12-14 CS01 confirmation-statement Confirmation statement with updates PDF
2021-09-06 AA accounts Accounts with accounts type full PDF
2021-01-07 AA accounts Accounts with accounts type full
2020-12-17 AD02 address Change sail address company with old address new address PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Official Companies House page