WATES FOUNDATION LIMITED(THE)
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Cash
£51k
+50.9% highest in 3 filed years
Net assets
£27m
+6.9% highest in 3 filed years
Employees
6
+50% highest in 3 filed years
Profit before tax
£1.8m
+12.3% vs 2024
Net assets
3-year trend · vs Health Care 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 |
|---|---|---|---|---|---|
| Total income | — | £598,336 | £584,366 | -2.3% | |
| Operating profit | — | £119,344 | -£45,653 | -138.3% | |
| Profit before tax | — | £1,570,298 | £1,764,106 | +12.3% | |
| Net profit | £1,482,280 | £1,570,298 | £1,764,106 | +12.3% | |
| Cash | £28,562 | £33,564 | £50,636 | +50.9% | |
| Total assets less current liabilities | £23,912,043 | £25,485,174 | £27,246,447 | +6.9% | |
| Net assets | £23,912,043 | £25,482,341 | £27,246,447 | +6.9% | |
| Equity | £23,912,043 | £25,482,341 | £27,246,447 | +6.9% | |
| Average employees | 4 | 4 | 6 | +50% | |
| Wages | £42,527 | £49,822 | £58,925 | +18.3% | |
| Directors' remuneration | £28,127 | £28,840 | — | — |
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 | — | 19.9% | -7.8% | |
| Return on capital employed | — | 0.5% | -0.2% | |
| Gearing (liabilities / total assets) | 0.3% | 0.2% | 0.4% | |
| Current ratio | 1.88x | 1.84x | 0.85x | |
| Interest cover | — | 4.24x | — |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The review of our financial position, reserves levels and future plans gives Trustees confidence the charity remains a going concern for the foreseeable future.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 35 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MALLAM, Felicity Mary | Secretary | 2021-07-15 | — | — |
| BRODIE, Christian Norman | Director | 2021-07-15 | Feb 1957 | British |
| BRODIE, Hugo | Director | 2025-07-17 | Apr 1990 | British |
| HEYNES, Jason Alexander Gordon | Director | 2023-07-06 | Apr 1973 | British |
| KING, Emily Ann | Director | 2025-07-17 | Apr 1976 | British |
| PRICE, Alison Clare | Director | 2025-07-17 | May 1965 | British |
| WATES, Jonathan Giles Macartney | Director | 2021-07-15 | Jun 1967 | British |
Show 35 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BERTHOUD, Martin Seymour, Sir | Secretary | 1993-01-11 | 2001-04-04 |
| GOODISON, Alan Clowes | Secretary | — | 1993-01-11 |
| WHEELWRIGHT, Brian David | Secretary | 2001-04-04 | 2016-06-29 |
| WRIGHT, Jeremy | Secretary | 2016-06-29 | 2020-06-06 |
| ADAMS, Nichola Jane | Director | 2019-06-25 | 2025-07-17 |
| AGACE, Christopher Paul | Director | 2005-07-05 | 2011-07-05 |
| EDWARDS, Andrew Jonathan Hugo, Reverend | Director | 1997-07-02 | 2001-07-16 |
| EDWARDS, Nicholas | Director | 2016-06-29 | 2019-06-25 |
| EDWARDS, Nicholas | Director | 2004-07-06 | 2010-07-06 |
| ELLIOTT, Annabelle Louisa Mary | Director | 2008-07-08 | 2013-07-02 |
| HEYNES, Jonathan James Edward | Director | 2011-07-05 | 2017-06-28 |
| HEYNES, Oliver John Charles | Director | 2017-06-28 | 2023-07-06 |
| KING, Emily Ann | Director | 2010-07-06 | 2013-07-02 |
| MINCH, Katherine Jean | Director | 2010-07-06 | 2015-07-01 |
| PRICE, Alison Clare | Director | 2002-11-12 | 2008-07-08 |
| RITCHIE, Ann Penelope | Director | — | 2005-07-05 |
| SPOTSWOOD BROWN, Claire Alexandra Joy | Director | 2013-07-02 | 2019-06-25 |
| TANNER, Victoria | Director | 2019-06-25 | 2025-07-17 |
| WATES, Andrew Eugene Paul | Director | 2015-07-01 | 2021-07-15 |
| WATES, Andrew Trace Allan | Director | — | 1998-07-20 |
| WATES, Christopher David Gordon | Director | 2013-07-02 | 2019-06-25 |
| WATES, David Wallace | Director | 1992-07-15 | 2002-07-02 |
| WATES, Elizabeth Jane | Director | — | 2010-07-06 |
| WATES, James Garwood Michael, Sir | Director | 2004-07-06 | 2010-07-06 |
| WATES, John William | Director | 2010-07-06 | 2016-06-29 |
| WATES, John Norman, Mr. | Director | 2007-07-03 | 2010-07-06 |
| WATES, John William | Director | 2001-11-13 | 2007-07-03 |
| WATES, John Norman, Mr. | Director | — | 2001-07-17 |
| WATES, Luke Adam | Director | 2019-06-25 | 2025-07-17 |
| WATES, Michael Edward | Director | 1998-07-20 | 2004-07-06 |
| WATES, Neil Edward | Director | 2015-07-01 | 2021-07-15 |
| WATES, Paul Christopher Ronald | Director | — | 1992-07-15 |
| WATES, Richard James | Director | 2010-07-06 | 2015-07-01 |
| WATES, Susan Mary | Director | 2001-07-17 | 2004-07-06 |
| WATES, Susan Mary | Director | — | 1997-07-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Jeremy Wyckham Wright | Individual | Significant influence, Significant influence (as firm) | 2016-06-29 | Ceased 2020-06-06 |
Filing timeline
Last 20 of 188 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-11-30 RESOLUTIONS Resolution
- 2022-11-30 MA Memorandum articles
- 2022-11-30 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-21 | AA | accounts | Accounts with accounts type full | |
| 2026-08-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-19 | AA | accounts | Accounts with accounts type full | |
| 2025-08-14 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-11 | AA | accounts | Accounts with accounts type full | |
| 2024-07-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-09 | AA | accounts | Accounts with accounts type full | |
| 2023-07-11 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-10 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-30 | RESOLUTIONS | resolution | Resolution | |
| 2022-11-30 | MA | incorporation | Memorandum articles | |
| 2022-11-30 | CC04 | change-of-constitution | Statement of companys objects | |
| 2022-11-02 | 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.