MICHAEL I HOLDSWORTH LIMITED
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Cash
£23m
+36.3% highest in 3 filed years
Net assets
£28m
+6.4% highest in 3 filed years
Employees
433
-1.4% lowest in 3 filed years
Profit before tax
£3.6m
-40.8% 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 2026-02-28
| Metric | Trend | 2024-02-28 | 2025-02-28 | 2026-02-28 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £143,813,831 | £132,555,735 | £135,990,530 | +2.6% | |
| Operating profit | £9,523,051 | £5,469,844 | £3,046,770 | -44.3% | |
| Profit before tax | £10,267,160 | £6,149,761 | £3,641,479 | -40.8% | |
| Net profit | £7,728,990 | £4,589,138 | £2,726,166 | -40.6% | |
| Cash | £14,631,263 | £16,710,749 | £22,781,265 | +36.3% | |
| Total assets less current liabilities | £24,992,741 | £29,893,930 | £31,595,446 | +5.7% | |
| Net assets | £23,515,898 | £26,722,981 | £28,438,762 | +6.4% | |
| Equity | £23,515,898 | £26,722,981 | £28,438,762 | +6.4% | |
| Average employees | 451 | 439 | 433 | -1.4% | |
| Wages | £15,023,076 | £15,171,683 | £15,479,140 | +2% | |
| Directors' remuneration | £99,231 | £437,841 | £901,641 | +105.9% | |
| Directors' pension contributions | £6,179 | £29,576 | £483,237 | +1,533.9% | |
| Highest paid director | £63,831 | £175,557 | £182,794 | +4.1% |
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 | 2024-02-28 | 2025-02-28 | 2026-02-28 |
|---|---|---|---|---|
| Operating margin | 6.6% | 4.1% | 2.2% | |
| Net margin | 5.4% | 3.5% | 2.0% | |
| Return on capital employed | 38.1% | 18.3% | 9.6% | |
| Gearing (liabilities / total assets) | 41.2% | 38.5% | 44.3% | |
| Current ratio | 2.32x | 2.64x | 2.21x | |
| Interest cover | — | 39.54x | 19.05x |
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 2 times since incorporation
- MICHAEL I HOLDSWORTH LIMITED 1999-04-27 → present
- CHILFROST LIMITED 1994-06-28 → 1999-04-27
- MAGICGROOVE LIMITED 1986-06-12 → 1994-06-28
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Hawsons Chartered Accountants
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After due consideration of all relevant factors, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.”
Significant events
- “Since the balance sheet date, the company has paid dividends of £673,959.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ADNITT, Gary Fraser | Director | 2023-09-21 | Jun 1970 | British |
| ASHCROFT, Jessica Lee | Director | 2023-11-24 | Feb 1993 | British |
| HOLDSWORTH, Millicent Leonora | Director | 2023-11-24 | May 1980 | British |
| HOLDSWORTH, Rupert Michael Ellis | Director | 2009-01-30 | Nov 1978 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MARRIOTT, John Andrew | Secretary | — | 2000-02-29 |
| TREVETHICK, Esther Victoria | Secretary | 2000-02-29 | 2023-11-22 |
| FLANAGAN, Donald James | Director | 2000-09-01 | 2004-02-28 |
| HOLDSWORTH, Michael Ian | Director | — | 2011-04-04 |
| LA ROCHE, Simon Alfred | Director | — | 1992-07-10 |
| MARRIOTT, John Andrew | Director | — | 2023-01-20 |
| TREVETHICK, Esther Victoria | Director | 2009-01-30 | 2023-11-22 |
| WARHURST, Rebecca Jane Christine | Director | 2000-12-22 | 2023-11-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Holdsworth Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors (as firm), Significant influence (as firm) | 2023-01-18 | Active |
| Mr Michael Ian Holdsworth | Individual | Shares 25–50% | 2016-04-06 | Ceased 2023-01-18 |
| Mr John Andrew Marriott | Individual | Significant influence (as firm) | 2016-04-06 | Ceased 2023-01-18 |
Filing timeline
Last 20 of 145 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-30 | AA | accounts | Accounts with accounts type full | |
| 2026-07-14 | CH01 | officers | Change person director company with change date | |
| 2025-12-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-12 | AA | accounts | Accounts with accounts type full | |
| 2025-02-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-04 | SH06 | capital | Capital cancellation shares | |
| 2024-09-04 | SH03 | capital | Capital return purchase own shares | |
| 2024-08-29 | AA | accounts | Accounts with accounts type full | |
| 2024-06-10 | SH06 | capital | Capital cancellation shares | |
| 2024-06-10 | SH03 | capital | Capital return purchase own shares | |
| 2024-02-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-11-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-24 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-24 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-13 | AA | accounts | Accounts with accounts type full | |
| 2023-09-21 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-20 | TM01 | officers | Termination director company with name termination date |
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.