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Cash

£2.6m

Latest balance sheet

Net assets

£15m

highest in 6 filed years

Employees

60

Average over period

Profit before tax

£15m

Period ending 2025-11-30

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

6-year trend · Δ = latest vs prior filed period · latest reflected 2025-11-30

Metric Trend 2020-05-312021-05-312022-05-312023-05-312024-05-312025-11-30 Δ vs prior
Turnover —£10,571,321£22,597,967£24,179,841£20,122,154£45,369,668 —
Operating profit —£1,297,076£1,951,419£1,337,028£1,841,567£15,052,862 —
Profit before tax —£1,269,081£2,064,170£1,295,181£1,844,720£15,328,775 —
Net profit —£1,050,328£1,607,671£1,127,216£1,383,271£11,496,679 —
Cash £688,854£1,239,344£5,343,452£2,143,852£2,959,395£2,641,776 —
Total assets less current liabilities £4,437,607£5,177,941£7,863,111£3,848,590£5,272,141£16,221,477 —
Net assets £3,113,597£3,833,925£5,501,183£2,002,130£4,185,034£15,261,713 —
Equity £3,113,597£3,833,925£5,501,183£2,002,130£4,185,034£15,261,713 —
Average employees 485582686860 —
Wages ———£2,385,518£2,650,643£3,690,531 —
Directors' remuneration —£72,586£75,000£357,719£130,402£428,208 —
Directors' pension contributions £NaN£NaN£NaN£272,353£40,459£310,688 —

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 —. Year-on-year comparison hidden: this filing covers about 18 months versus 12 months prior. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2020-05-312021-05-312022-05-312023-05-312024-05-312025-11-30
Operating margin —12.3%8.6%5.5%9.2%33.2%
Net margin —9.9%7.1%4.7%6.9%25.3%
Return on capital employed —25.1%24.8%34.7%34.9%92.8%
Gearing (liabilities / total assets) 46.5%46.2%61.9%76.5%55.0%31.7%
Current ratio ———1.37x1.73x3.25x
Interest cover —44.80x41.30x31.77x35.89x—

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
WR Partners
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 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.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

4 active · 2 resigned

Name Role Appointed Born Nationality
WILLIAMS, Sion Kenrick Secretary 2003-02-27 — British
HUGHES, Anthony Langford Director 2019-02-15 May 1984 British
WILLIAMS, Owain Kenrick Director 2003-02-27 Jul 1973 British
WILLIAMS, Sion Kenrick Director 2003-02-27 Jun 1970 Welsh
Show 2 resigned officers
Name Role Appointed Resigned
ASHBURTON REGISTRARS LIMITED Corporate Nominee Secretary 2003-02-27 2003-02-27
AR NOMINEES LIMITED Corporate Nominee Director 2003-02-27 2003-02-27

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Solw Cyf Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-06-30 Active
Mr Sion Kenrick Williams Individual Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2025-06-30
Mr Owain Kenrick Williams Individual Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2025-06-30

Filing timeline

Last 20 of 128 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-07-03 MA Memorandum articles
  • 2025-07-03 RESOLUTIONS Resolution
  • 2025-03-21 RESOLUTIONS Resolution
Date Type Category Description
2026-08-28 AA accounts Accounts with accounts type full PDF
2026-06-02 CS01 confirmation-statement Confirmation statement with updates PDF
2026-03-08 AD01 address Change registered office address company with date old address new address PDF
2025-09-08 MR04 mortgage Mortgage satisfy charge full PDF
2025-07-18 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-07-03 MA incorporation Memorandum articles
2025-07-03 RESOLUTIONS resolution Resolution
2025-07-01 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-07-01 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-07-01 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-05-23 AA01 accounts Change account reference date company current extended PDF
2025-05-20 CS01 confirmation-statement Confirmation statement with updates PDF
2025-03-21 SH02 capital Capital alter shares subdivision
2025-03-21 RESOLUTIONS resolution Resolution
2025-02-27 AA accounts Accounts with accounts type full PDF
2025-02-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-12-20 CH01 officers Change person director company with change date PDF
2024-12-20 CH01 officers Change person director company with change date PDF
2024-12-20 CH03 officers Change person secretary company with change date PDF
2024-12-20 PSC04 persons-with-significant-control Change to a person with significant control PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
1

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page