CEX (FRANCHISING) LIMITED
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Cash
£1.7m
-72.7% lowest in 3 filed years
Net assets
£22m
+4.6% highest in 3 filed years
Employees
156
+26.8% highest in 3 filed years
Profit before tax
£1.9m
+158.9% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
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 | £39,725,360 | £42,721,972 | £47,874,616 | +12.1% | |
| Operating profit | £1,581,484 | £749,652 | £1,783,574 | +137.9% | |
| Profit before tax | £1,524,315 | £730,396 | £1,891,217 | +158.9% | |
| Net profit | £1,106,390 | £418,494 | £974,073 | +132.8% | |
| Cash | £5,525,080 | £6,190,144 | £1,691,215 | -72.7% | |
| Total assets less current liabilities | £20,889,510 | £21,288,683 | £22,249,617 | +4.5% | |
| Net assets | £20,726,231 | £21,144,725 | £22,118,798 | +4.6% | |
| Equity | £20,726,231 | £21,144,725 | £22,118,798 | +4.6% | |
| Average employees | 100 | 123 | 156 | +26.8% | |
| Wages | £1,501,848 | £1,447,325 | £2,177,111 | +50.4% | |
| Directors' remuneration | £464,570 | £258,578 | £432,222 | +67.2% | |
| Highest paid director | £250,220 | £228,084 | £296,717 | +30.1% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 4.0% | 1.8% | 3.7% | |
| Net margin | 2.8% | 1.0% | 2.0% | |
| Return on capital employed | 7.6% | 3.5% | 8.0% | |
| Gearing (liabilities / total assets) | 21.6% | 24.7% | 25.8% | |
| Current ratio | 4.66x | 4.04x | 3.84x | |
| Interest cover | 27.66x | 38.93x | — |
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
- Consolidated group
- Auditor
- Christiansons Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- CEX (FRANCHISING) LIMITED · parent
- We Buy Mexico S A De C V 100%
- CEX SDN.BHD 100%
Significant events
- “On 31st October 2025 Webuy Holdings Ltd acquired the entire share capital of the company and become the ultimate parent company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BIJLANI, Nitin, Mr. | Director | 2019-09-30 | Jul 1979 | Indian |
| BIJLANI, Tarun, Mr. | Director | 2019-09-30 | Feb 1977 | Indian |
| BUTLER, David Godwin Rhu | Director | 2025-12-11 | Mar 1975 | British |
| DERWENT, James Meredith | Director | 2011-10-12 | Dec 1975 | British |
| DUDANI, Mohini | Director | 2017-05-19 | Sep 1940 | British |
| EYGELAAR, Johannes Petrus | Director | 2011-10-12 | Nov 1974 | British |
| MAN, Hoo Yun | Director | 2016-10-15 | Jun 1960 | British |
| MULLINS, David John | Director | 2014-10-15 | Feb 1970 | British |
| ORCHARD, Frank Eric | Director | 2015-02-06 | Mar 1973 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOULT, Julie Bridget | Secretary | 2006-03-02 | 2009-07-02 |
| QA REGISTRARS LIMITED | Corporate Nominee Secretary | 2005-10-13 | 2005-10-13 |
| BEST, Emma, Miss. | Director | 2009-07-01 | 2011-05-11 |
| BUTLER, David Godwin Rhu | Director | 2011-01-05 | 2025-12-10 |
| DUDANI, Jacques Robert | Director | 2006-03-02 | 2015-01-04 |
| MAN, Hoo Yun | Director | 2005-11-01 | 2006-01-05 |
| QA NOMINEES LIMITED | Corporate Nominee Director | 2005-10-13 | 2005-10-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Webuy Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-10-31 | Active |
| Mrs Mohini Dudani | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2025-10-31 |
Filing timeline
Last 20 of 88 total filings
Material constitutional events — rename, articles re-file, resolution
- 2020-02-25 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-16 | AAMD | accounts | Accounts amended with accounts type group | |
| 2026-09-29 | AA | accounts | Accounts with accounts type group | |
| 2025-12-16 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-16 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-12-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-16 | TM01 | officers | Termination director company | |
| 2025-12-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-15 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-19 | AA | accounts | Accounts with accounts type group | |
| 2025-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-03 | AA | accounts | Accounts with accounts type group | |
| 2024-02-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-27 | AA | accounts | Accounts with accounts type full | |
| 2023-02-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-21 | AA | accounts | Accounts with accounts type full | |
| 2022-02-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-10-07 | AA | accounts | Accounts with accounts type full | |
| 2021-02-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-12-16 | AA | accounts | Accounts with accounts type full | |
| 2020-02-25 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.