OFP TIMBER FRAMED HOMES LTD
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Cash
£29k
Latest balance sheet
Net assets
-£411k
lowest in 6 filed years
Employees
91
highest in 6 filed years
Profit before tax
-£3.2m
Period ending 2025-05-30
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
6-year trend · vs Basic Materials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-05-30
| Metric | Trend | 2018-09-30 | 2020-09-30 | 2022-03-31 | 2022-12-31 | 2023-12-31 | 2025-05-30 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £11,643,726 | £22,934,981 | £16,768,729 | £13,641,040 | £20,684,059 | — | |
| Operating profit | — | £523,731 | -£2,095,151 | £866,397 | £389,234 | -£3,131,183 | — | |
| Profit before tax | — | £495,412 | -£2,171,169 | £798,568 | £300,554 | -£3,189,423 | — | |
| Net profit | — | £719,692 | -£1,766,505 | £632,381 | £512,606 | -£3,033,108 | — | |
| Cash | £3,173 | £390,526 | -£118 | £123,293 | £312 | £29,322 | — | |
| Total assets less current liabilities | £2,693,959 | £4,191,227 | £2,146,682 | £2,738,259 | £2,783,933 | -£290,846 | — | |
| Net assets | £851,614 | £1,921,929 | £690,175 | £1,282,946 | £1,472,852 | -£411,373 | — | |
| Equity | £851,614 | £1,921,929 | £690,175 | £1,282,946 | £1,472,852 | -£411,373 | — | |
| Average employees | 63 | 85 | 88 | 88 | 79 | 91 | — | |
| Wages | — | £1,689,308 | £2,415,542 | £1,347,643 | £2,126,395 | £3,863,758 | — | |
| Directors' remuneration | — | £106,898 | £263,439 | £146,168 | £208,339 | £398,532 | — | |
| Directors' pension contributions | £NaN | — | — | — | £4,315 | £5,498 | — | |
| Highest paid director | £NaN | — | — | — | £67,448 | £165,000 | — |
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 17 months versus 12 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-09-30 | 2020-09-30 | 2022-03-31 | 2022-12-31 | 2023-12-31 | 2025-05-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | 4.5% | -9.1% | 5.2% | 2.9% | -15.1% | |
| Net margin | — | 6.2% | -7.7% | 3.8% | 3.8% | -14.7% | |
| Return on capital employed | — | 12.5% | -97.6% | 31.6% | 14.0% | — | |
| Gearing (liabilities / total assets) | 85.6% | 75.7% | 92.9% | 86.1% | 81.5% | 107.4% | |
| Current ratio | — | — | — | — | 0.75x | 0.55x | |
| Interest cover | — | 17.55x | -27.56x | 12.77x | 4.39x | -53.76x |
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
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Management have prepared forecast which consider a period in excess of 12 months from the date of signing. Based on these forecast the business has sufficient cash balances and reserves to continue trading as a going concern.”
Significant events
- “During the year, the extension was made to align the Company's reporting date with that of its new parent company, Chartway Group Limited, after the Company was acquired on 27 February 2024 by Chartway Partnerships Group Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ONSLOW, Thomas | Secretary | 2026-01-23 | — | — |
| ONSLOW, Thomas | Director | 2025-08-07 | Nov 1988 | British |
| SANWELL, Martin Paul | Director | 2025-08-26 | Mar 1974 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| NARRAWAY, Alastair David Barry | Secretary | 2005-03-14 | 2025-08-15 |
| DUPORT SECRETARY LIMITED | Corporate Nominee Secretary | 2005-03-11 | 2005-03-14 |
| BRENNAN, Neil Daniel | Director | 2012-02-17 | 2022-01-10 |
| CHIVERS, Graham John | Director | 2024-08-05 | 2025-09-04 |
| CRESSWELL, Steven | Director | 2024-02-27 | 2025-05-14 |
| GAMBRELL, Stephen | Director | 2005-03-14 | 2006-11-30 |
| HUNT, Gavin James | Director | 2024-02-27 | 2025-06-12 |
| LEROY, Alex | Director | 2020-12-17 | 2026-01-09 |
| MACKENZIE, Kenneth | Director | 2022-08-24 | 2026-01-09 |
| MADDIN, Keith John | Director | 2024-02-27 | 2025-09-17 |
| NARRAWAY, Alastair David Barry | Director | 2005-03-14 | 2025-08-15 |
| NARRAWAY, Liam Harrison | Director | 2016-10-10 | 2025-08-15 |
| NARRAWAY, Scott Richard | Director | 2008-06-01 | 2012-06-02 |
| SAFA, Paul | Director | 2024-02-27 | 2024-06-18 |
| WARD, Anthony John | Director | 2005-10-01 | 2008-06-02 |
| DUPORT DIRECTOR LIMITED | Corporate Nominee Director | 2005-03-11 | 2005-03-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Chartway Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-02-27 | Active |
| Mr Alastair David Barry Narraway | Individual | Shares 50–75%, Voting 50–75% | 2016-04-06 | Ceased 2024-02-27 |
Filing timeline
Last 20 of 125 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-01 | AA | accounts | Accounts with accounts type full | |
| 2026-06-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-05-28 | AA01 | accounts | Change account reference date company previous shortened | |
| 2026-04-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-03-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-25 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-01-15 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-14 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-27 | AA01 | accounts | Change account reference date company previous shortened | |
| 2025-10-08 | CH01 | officers | Change person director company with change date | |
| 2025-10-08 | CH01 | officers | Change person director company with change date | |
| 2025-09-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-08 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-08 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-09-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-27 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
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.