RICHARD WESTERN LIMITED
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Cash
£88K
+1,157.1% highest in 3 filed years
Net assets
£2M
-14.7% vs 2023
Employees
50
-19.4% lowest in 3 filed years
Profit before tax
-£453K
-210.2% vs 2023
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2020-01-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | £11,014,000 | £7,932,000 | -28% | |
| Operating profit | — | £482,000 | -£392,000 | -181.3% | |
| Profit before tax | — | £411,000 | -£453,000 | -210.2% | |
| Net profit | — | £332,000 | -£345,000 | -203.9% | |
| Cash | £27 | £7,000 | £88,000 | +1,157.1% | |
| Total assets less current liabilities | £2,246,404 | £4,074,000 | £3,247,000 | -20.3% | |
| Net assets | £1,687,444 | £2,350,000 | £2,005,000 | -14.7% | |
| Equity | £1,687,444 | £2,350,000 | £2,005,000 | -14.7% | |
| Average employees | 58 | 62 | 50 | -19.4% | |
| Wages | — | £2,091,000 | £1,915,000 | -8.4% | |
| Directors' remuneration | — | £84,000 | £94,000 | +11.9% |
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 | 2020-01-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | 4.4% | -4.9% | |
| Net margin | — | 3.0% | -4.3% | |
| Return on capital employed | — | 11.8% | -12.1% | |
| Current ratio | — | 1.84x | 1.70x | |
| Interest cover | — | 6.79x | -6.43x |
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
- Jamieson Alexander Audit Limited
- 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.”
Group structure
- RICHARD WESTERN LIMITED · parent
- Weeks Trailers Limited 100%
Significant events
- “The year ended 31 December 2024 saw weakened sales demand.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WESTERN, Angus James | Secretary | 2019-08-23 | — | — |
| WESTERN, Angus James | Director | 2003-07-01 | Apr 1971 | English |
| WESTERN, Richard | Director | — | Feb 1944 | English |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COE, Roberta Elizabeth | Secretary | — | 2001-11-30 |
| ROBERTS, Malcolm Harry | Secretary | 2001-12-01 | 2017-03-30 |
| VICE, Gillian Mary | Secretary | 2017-03-30 | 2018-05-31 |
| BENSON, Rodney David | Director | 1992-06-05 | 2002-12-31 |
| COE, Roberta Elizabeth | Director | — | 2000-12-31 |
| FREEMAN, David Neil | Director | 1994-08-01 | 1996-09-20 |
| MURRAY, Michael James | Director | 2007-03-01 | 2019-07-31 |
| WESTERN, Gerald | Director | — | 1996-02-28 |
| WESTERN, Rosemary | Director | — | 1994-05-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Richard Western | Individual | Shares 50–75% | 2017-03-30 | Active |
| Mr Angus James Western | Individual | Shares 25–50% | 2017-03-30 | Active |
| Mr Richard Western | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Ceased 2018-05-11 |
| Mr Angus James Western | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-05-11 |
Filing timeline
Last 20 of 147 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-06 | AA | accounts | Accounts with accounts type full | |
| 2025-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-30 | AA | accounts | Accounts with accounts type full | |
| 2024-04-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-19 | AA | accounts | Accounts with accounts type full | |
| 2023-10-12 | AA01 | accounts | Change account reference date company current shortened | |
| 2023-04-08 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-04-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-04-06 | CH03 | officers | Change person secretary company with change date | |
| 2023-04-06 | CH01 | officers | Change person director company with change date | |
| 2023-04-06 | CH01 | officers | Change person director company with change date | |
| 2023-04-06 | CH01 | officers | Change person director company with change date | |
| 2022-10-26 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-04-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-10-29 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-04-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-01-29 | AA | accounts | Accounts with accounts type total exemption full | |
| 2020-04-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2019-10-31 | AA | accounts | Accounts with accounts type total exemption 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.