PAD CONTRACTS LIMITED
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Cash
£1.4M
+111.7% vs 2024
Net assets
£2.4M
+13.6% vs 2024
Employees
43
0% vs 2024
Profit before tax
£295K
+1,333.4% highest in 4 filed years
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-06-30
| Metric | Trend | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | £6,082,769 | £3,735,472 | £6,232,771 | £8,604,682 | +38.1% | |
| Operating profit | -£233,260 | -£1,377,328 | £150 | £281,890 | +187,826.7% | |
| Profit before tax | -£229,690 | -£1,356,863 | £20,614 | £295,483 | +1,333.4% | |
| Net profit | -£189,070 | -£1,346,898 | £21,722 | £291,215 | +1,240.6% | |
| Cash | £2,337,923 | £1,557,146 | £683,140 | £1,446,103 | +111.7% | |
| Total assets less current liabilities | £3,650,223 | £2,118,360 | £2,139,981 | £2,434,457 | +13.8% | |
| Net assets | £3,640,157 | £2,118,259 | £2,139,981 | £2,431,196 | +13.6% | |
| Equity | £3,640,157 | £2,118,259 | £2,139,981 | £2,431,196 | +13.6% | |
| Average employees | 41 | 41 | 43 | 43 | 0% | |
| Wages | £1,787,262 | £1,831,929 | £1,999,354 | £2,105,757 | +5.3% | |
| Directors' remuneration | £254,010 | £261,925 | £274,120 | £326,647 | +19.2% |
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 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 |
|---|---|---|---|---|---|
| Operating margin | -3.8% | -36.9% | 0.0% | 3.3% | |
| Net margin | -3.1% | -36.1% | 0.3% | 3.4% | |
| Return on capital employed | -6.4% | -65.0% | 0.0% | 11.6% | |
| Current ratio | — | — | 5.27x | 4.84x |
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
- WP Audit Services LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of at least twelve months from the date of approval of the financial statements. Whilst there is uncertainty in the current economic climate, the directors are confident that the company can operate to its projected turnover targets within its current cash levels for a period of at least 12 months from the date of the financial statements. Thus they continue to adopt the going concern basis in preparing the annual financial statements.”
Significant events
- “Turnover has increased by 38% to £8,604,682 (£6,232,771 in 2024) and a pre-tax profit of £295,483 was achieved (£20,614 in 2024).”
- “Total net assets have increased to £2,431,196 (£2,139,981 in 2024).”
- “No dividend was declared for the year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AYRES, Colin Peter | Director | 2001-05-23 | Jun 1970 | British |
| DAY, Robert Frederick | Director | 2001-05-23 | Nov 1961 | British |
| GEORGE, Simon Edward | Director | 2004-11-16 | Oct 1960 | British |
| GRANT, Laurence Noel | Director | 2022-09-19 | Dec 1953 | British |
| WHELAN, John Joseph | Director | 2022-09-19 | Nov 1957 | Irish |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AYRES, Colin Peter | Secretary | 2001-05-23 | 2005-12-31 |
| GRIFFITHS, Gillian Heather | Secretary | 2006-01-01 | 2010-03-23 |
| ALPHA SECRETARIAL LIMITED | Corporate Nominee Secretary | 2001-05-23 | 2001-05-23 |
| OTTWAY, Michael | Director | 2004-11-16 | 2018-10-11 |
| PAGAN, Phillip Duncan | Director | 2004-11-15 | 2019-09-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Whelan & Grant ( Holdings ) Ltd | Corporate entity | Shares 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 74 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-11 | AA | accounts | Accounts with accounts type full | |
| 2025-10-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-15 | AA | accounts | Accounts with accounts type full | |
| 2024-09-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-18 | AA | accounts | Accounts with accounts type full | |
| 2023-10-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-21 | AA | accounts | Accounts with accounts type full | |
| 2022-09-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-28 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-28 | AP01 | officers | Appoint person director company with name date | |
| 2022-03-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-02-07 | AA | accounts | Accounts with accounts type full | |
| 2021-09-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-04 | AA | accounts | Accounts with accounts type full | |
| 2021-05-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-06-18 | AA | accounts | Accounts with accounts type full | |
| 2020-03-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-09-16 | TM01 | officers | Termination director company with name termination date | |
| 2019-04-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-01-29 | 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.