REIDS OF NORWICH LIMITED
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Cash
£2M
+89.9% highest in 3 filed years
Net assets
£8.1M
+4.3% highest in 3 filed years
Employees
24
+4.3% highest in 3 filed years
Profit before tax
£2.2M
-13.1% vs 2024
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 | £80,578,916 | £85,722,546 | £92,241,679 | +7.6% | |
| Operating profit | £1,932,378 | £2,602,727 | £2,496,772 | -4.1% | |
| Profit before tax | £1,886,913 | £2,553,640 | £2,219,588 | -13.1% | |
| Net profit | £1,441,779 | £1,907,572 | £1,835,795 | -3.8% | |
| Cash | £998,623 | £1,073,025 | £2,037,366 | +89.9% | |
| Total assets less current liabilities | £7,403,118 | £7,807,145 | £8,143,112 | +4.3% | |
| Net assets | £7,353,928 | £7,759,500 | £8,095,295 | +4.3% | |
| Equity | £7,353,928 | £7,759,500 | £8,095,295 | +4.3% | |
| Average employees | 23 | 23 | 24 | +4.3% | |
| Wages | £1,927,698 | £2,254,727 | £2,270,083 | +0.7% | |
| Directors' remuneration | £718,711 | £808,410 | £834,198 | +3.2% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 2.4% | 3.0% | 2.7% | |
| Net margin | 1.8% | 2.2% | 2.0% | |
| Return on capital employed | 26.1% | 33.3% | 30.7% | |
| Gearing (liabilities / total assets) | 55.5% | 66.6% | — | |
| Current ratio | 1.75x | 1.47x | 1.48x | |
| Interest cover | 41.08x | 53.02x | 9.01x |
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
- Larking Gowen LLP
- 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.”
Significant events
- “During the year, turnover increased from £85.7 million to £92.2 million. The Company maintained a stable gross margin in excess of 6.75%.”
- “M N Burton was appointed as a director on 23 April 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BUCHANAN, Geoffrey | Director | 2015-12-23 | Mar 1970 | British |
| BUCHANAN, William Edwin | Director | 2015-12-23 | Jul 1968 | British |
| BURTON, Marie Nicola | Director | 2025-04-23 | Jul 1987 | British |
| HARLEY, Stephen Andrew | Director | 2021-07-01 | Mar 1963 | British |
| LONG, Gareth Charles | Director | 2019-01-01 | Feb 1980 | British |
| MULLEN, Philip Richard | Director | 2019-01-01 | Nov 1982 | British |
| PETERSEN, Dennis | Director | 2021-07-01 | Dec 1966 | Danish |
| REID, John Michael | Director | 2006-11-20 | Oct 1964 | British |
| SPENCE, Robert John | Director | 2016-06-17 | Sep 1971 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LONG, Gareth Charles | Secretary | 2008-01-01 | 2012-01-01 |
| REID, Wendy Cherry | Secretary | 2012-01-01 | 2015-12-23 |
| REID, Wendy | Secretary | 2006-11-20 | 2007-12-31 |
| BARRETT, Matthew William | Director | 2008-01-01 | 2015-12-23 |
| LONG, Gareth Charles | Director | 2007-02-08 | 2015-12-23 |
| SPENCE, Robert John | Director | 2012-01-01 | 2015-12-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr William Edwin Buchanan | Individual | Significant influence | 2016-04-06 | Active |
| Mr Geoffrey Maurice Buchanan | Individual | Significant influence | 2016-04-06 | Active |
| Autumn Foods Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 103 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-09 | AA | accounts | Accounts with accounts type full | |
| 2025-11-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-09 | AA | accounts | Accounts with accounts type full | |
| 2025-04-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-11-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-04 | AA | accounts | Accounts with accounts type full | |
| 2023-11-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-22 | AD02 | address | Change sail address company with new address | |
| 2023-05-22 | AA | accounts | Accounts with accounts type full | |
| 2022-11-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-20 | AA | accounts | Accounts with accounts type full | |
| 2022-02-17 | CH01 | officers | Change person director company with change date |
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.