HGV DIRECT LIMITED
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Cash
£363k
-65.7% lowest in 3 filed years
Net assets
£3.2m
+17% highest in 3 filed years
Employees
207
+13.7% highest in 3 filed years
Profit before tax
£996k
-25.4% 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 | £31,554,728 | £33,579,375 | £38,682,070 | +15.2% | |
| Operating profit | £1,410,768 | £1,471,374 | £1,116,951 | -24.1% | |
| Profit before tax | £1,304,856 | £1,335,755 | £996,346 | -25.4% | |
| Net profit | £976,229 | £892,677 | £720,635 | -19.3% | |
| Cash | £836,299 | £1,057,342 | £363,097 | -65.7% | |
| Total assets less current liabilities | £3,461,571 | £3,795,074 | £4,259,906 | +12.2% | |
| Net assets | £2,263,724 | £2,759,801 | £3,227,972 | +17% | |
| Equity | £2,263,724 | £2,759,801 | £3,227,972 | +17% | |
| Average employees | 179 | 182 | 207 | +13.7% | |
| Wages | £5,421,490 | £5,658,068 | £6,520,398 | +15.2% | |
| Directors' remuneration | £363,054 | £463,871 | £603,196 | +30% |
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 | 4.5% | 4.4% | 2.9% | |
| Net margin | 3.1% | 2.7% | 1.9% | |
| Return on capital employed | 40.8% | 38.8% | 26.2% | |
| Gearing (liabilities / total assets) | 83.4% | 81.3% | — | |
| Current ratio | 1.15x | 1.16x | 1.15x | |
| Interest cover | 13.32x | 10.85x | 9.26x |
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 3 times since incorporation
- HGV DIRECT LIMITED 2006-09-29 → present
- LININGS & HOSES LIMITED 2000-01-10 → 2006-09-29
- LININGS AND HOSES (WIRKSWORTH) LIMITED 1984-12-11 → 2000-01-10
- EIGHTAUTO LIMITED 1984-10-19 → 1984-12-11
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- PKF Smith Cooper Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 or 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
- HGV DIRECT LIMITED · parent
- Vapta Systems Limited 80%
- MMG Performance Limited 50%
Significant events
- “On 9th September 2025, the Group acquired 50% of the Ordinary issued share capital of MMG Performance Limited for consideration of £nil.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SMEDLEY, Julie Dawn | Secretary | 2008-12-29 | — | British |
| KNOWLES, Christopher | Director | 2008-07-25 | May 1970 | British |
| SMEDLEY, Felicity Belinda Brenda | Director | 2024-07-29 | Jun 1999 | British |
| SMEDLEY, Julie Dawn | Director | 2008-12-29 | Mar 1971 | British |
| SMEDLEY, Simon John | Director | 1992-07-01 | Jul 1970 | British |
| TERRY, Dale Steven | Director | 2019-09-12 | May 1989 | British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| NEWTON, Paul Robert | Secretary | 2010-12-16 | 2011-11-18 |
| ROBERTS, Guy Nicholas | Secretary | — | 2008-12-29 |
| DOXEY, Neil | Director | 2008-07-25 | 2009-12-07 |
| GOODWIN, James Michael | Director | 1992-07-01 | 2005-12-31 |
| GOODWIN, Philip James | Director | 2004-05-25 | 2006-09-28 |
| HUTCHINSON, Peter Alan | Director | 2010-07-30 | 2014-07-31 |
| KEMPA, Steven Paul | Director | 2004-05-25 | 2006-09-28 |
| MCCOY, Ryan Nolan | Director | 2016-04-01 | 2022-12-02 |
| MILNER, Howard Robert | Director | 2022-01-07 | 2023-12-08 |
| NASH, Nigel John | Director | 2008-07-25 | 2010-02-19 |
| NEWTON, Paul Robert | Director | 1999-12-22 | 2010-12-16 |
| POLLOCK, Anthony Mark | Director | 2008-07-25 | 2014-09-10 |
| ROBERTS, Guy Nicholas | Director | — | 2008-12-29 |
| SMEDLEY, Brenda | Director | — | 1997-03-21 |
| SMEDLEY, Brian | Director | — | 2006-09-28 |
| SMEDLEY, Neil David | Director | — | 2006-09-28 |
| SMEDLEY, Stuart Martin | Director | — | 2006-09-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bowl Reed Enterprises Ltd | Corporate entity | Shares 25–50% | 2019-12-02 | Active |
| Mr Simon John Smedley | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 190 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-11 | AA | accounts | Accounts with accounts type group | |
| 2025-09-18 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-09-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-17 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-06-25 | AA | accounts | Accounts with accounts type group | |
| 2024-09-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-01 | CH01 | officers | Change person director company with change date | |
| 2024-08-01 | CH01 | officers | Change person director company with change date | |
| 2024-07-18 | AA | accounts | Accounts with accounts type group | |
| 2023-12-11 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-06-17 | AA | accounts | Accounts with accounts type group | |
| 2022-12-02 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-06-21 | AA | accounts | Accounts with accounts type full | |
| 2022-01-12 | AP01 | officers | Appoint person director company with name date | |
| 2021-09-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-06-15 | AA | accounts | Accounts with accounts type full | |
| 2020-10-08 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.