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Cash

£18M

+1,515.5% vs 2023

Net assets

£60M

+69.7% vs 2023

Employees

68

-11.7% vs 2023

Profit before tax

£29M

+517% vs 2023

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31 Δ vs prior
Turnover £13,822,223£12,230,929 -11.5%
Operating profit £5,778,373£29,712,037 +414.2%
Profit before tax £4,696,956£28,979,200 +517%
Net profit £3,509,118£24,642,654 +602.2%
Cash £1,111,505£17,956,123 +1,515.5%
Total assets less current liabilities £51,893,419£67,642,663 +30.3%
Net assets £35,651,763£60,490,417 +69.7%
Equity £35,651,763£60,490,417 +69.7%
Average employees 7768 -11.7%
Wages £2,054,473£2,427,689 +18.2%
Directors' remuneration £65,300£534,218 +718.1%

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 2023-12-312024-12-31
Operating margin 41.8%
Net margin 25.4%
Return on capital employed 11.1%43.9%
Current ratio 0.59x4.30x
Interest cover 5.32x34.76x

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Name history

Renamed 1 time since incorporation

  1. M.B. GOODWIN (SKIPSEA) LIMITED 1976-12-31 → present
  2. TOWNMECH LIMITED 1976-06-21 → 1976-12-31

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Lloyd Dowson Audit Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“For the above reasons, the board considers that the group is a going concern and have continued to prepare the financial statements on that basis. 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 group's and the 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

  1. M.B. GOODWIN (SKIPSEA) LIMITED · parent
    1. M. B. & J. Goodwin Limited 100% · England and Wales · Caravan sites, haulage and farm operators
    2. Maizecor Foods Limited 100% · England and Wales · Milling of maize

Significant events

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

People

4 active · 1 resigned

Name Role Appointed Born Nationality
GOODWIN, Michael Ben Secretary British
GOODWIN, Matthew Richard Director 2018-12-01 Dec 1968 British
GOODWIN, Michael Ben Director Aug 1933 British
GOODWIN, Simon Michael Director Dec 1964 British
Show 1 resigned officer
Name Role Appointed Resigned
GOODWIN, Christine Mary Director 2022-02-23

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Michael Ben Goodwin Individual Shares 50–75%, Voting 50–75% 2016-04-06 Active

Filing timeline

Last 20 of 157 total filings

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

  • 2022-04-07 MA Memorandum articles
  • 2022-04-07 RESOLUTIONS Resolution
  • 2022-04-07 RESOLUTIONS Resolution
  • 2022-04-07 CC04 Statement of companys objects
Date Type Category Description
2025-11-17 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-09-30 AA accounts Accounts with accounts type group PDF
2025-09-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-31 CH01 officers Change person director company with change date PDF
2025-03-31 CH01 officers Change person director company with change date PDF
2025-03-31 CH03 officers Change person secretary company with change date PDF
2025-03-31 AD01 address Change registered office address company with date old address new address PDF
2024-09-30 AA accounts Accounts with accounts type group PDF
2024-09-25 MR05 mortgage Mortgage charge part release with charge number PDF
2024-09-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-09-27 AA accounts Accounts with accounts type group PDF
2023-09-21 CS01 confirmation-statement Confirmation statement with updates PDF
2022-09-30 AA accounts Accounts with accounts type group PDF
2022-09-21 CS01 confirmation-statement Confirmation statement with updates PDF
2022-04-07 SH01 capital Capital allotment shares
2022-04-07 MA incorporation Memorandum articles
2022-04-07 RESOLUTIONS resolution Resolution
2022-04-07 RESOLUTIONS resolution Resolution
2022-04-07 CC04 change-of-constitution Statement of companys objects
2022-04-06 SH10 capital Capital variation of rights attached to shares

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
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