JOHN REID & SONS (STRUCSTEEL) HOLDINGS LIMITED
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Cash
£4.7M
+312.2% vs 2024
Net assets
£10M
+10.1% vs 2024
Employees
122
+3.4% vs 2024
Profit before tax
£1.4M
+2,905.4% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £20,465,371 | £24,743,289 | +20.9% | |
| Operating profit | £161,680 | £1,646,000 | +918.1% | |
| Profit before tax | -£48,596 | £1,363,299 | +2,905.4% | |
| Net profit | -£63,058 | £949,564 | +1,605.9% | |
| Cash | £1,130,701 | £4,660,492 | +312.2% | |
| Total assets less current liabilities | £14,290,593 | £15,497,756 | +8.4% | |
| Net assets | £9,377,635 | £10,327,199 | +10.1% | |
| Equity | £9,377,635 | £10,327,199 | +10.1% | |
| Average employees | 118 | 122 | +3.4% | |
| Wages | £5,189,017 | £6,179,842 | +19.1% | |
| Directors' remuneration | £540,013 | £812,039 | +50.4% |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 0.8% | 6.7% | |
| Net margin | -0.3% | 3.8% | |
| Return on capital employed | 1.1% | 10.6% | |
| Current ratio | 1.53x | 1.58x | |
| Interest cover | 0.44x | 3.98x |
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
- Schofields
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The impact of current economic conditions and other factors has been considered by the directors when assessing whether the company is a going concern. Management has taken into account all of the available information about the future of the company and its ability to meet debts and obligations as they fall due. It has been concluded that it is appropria”
Group structure
- JOHN REID & SONS (STRUCSTEEL) HOLDINGS LIMITED · parent
- John Reid and Sons (Strucsteel) Limited 100%
- Reidsteel Limited 100%
Significant events
- “The development of our new factory started during the year with the demolition of existing buildings on the site. The directors intend to complete the first phase of the factory build using a combination of internal and external finance.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOYD, Simon Peter | Director | 2007-03-19 | Feb 1961 | British |
| REID, Peter James | Director | 2007-03-19 | May 1963 | British |
| REID, Timothy John | Director | 2007-03-19 | Mar 1966 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SINKINSON, John Miles | Secretary | 2016-05-09 | 2020-04-27 |
| SINKINSON, John Miles | Secretary | 2007-03-19 | 2016-05-04 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2007-03-19 | 2007-03-19 |
| REID, John Rollo, Captain | Director | 2007-03-19 | 2017-06-30 |
| REID, Michael John | Director | 2007-03-19 | 2019-11-26 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 2007-03-19 | 2007-03-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Timothy John Reid | Individual | Shares 25–50% | 2022-01-25 | Active |
| Mr Peter James Reid | Individual | Shares 25–50% | 2022-01-25 | Active |
| Mr Michael John Reid | Individual | Shares 50–75% | 2021-04-24 | Ceased 2022-01-25 |
| Mr Timothy John Reid | Individual | Shares 50–75% (as trust), Voting 50–75% (as trust) | 2021-04-24 | Ceased 2021-04-24 |
| Mr Peter James Reid | Individual | Shares 50–75% (as trust), Voting 50–75% (as trust) | 2021-04-24 | Ceased 2021-04-24 |
| Mr Michael John Reid | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Ceased 2021-04-24 |
Filing timeline
Last 20 of 92 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-05 | CH01 | officers | Change person director company with change date | |
| 2025-07-17 | AA | accounts | Accounts with accounts type group | |
| 2025-03-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-05 | AA | accounts | Accounts with accounts type group | |
| 2024-03-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-10 | AA | accounts | Accounts with accounts type group | |
| 2023-03-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-22 | AA | accounts | Accounts with accounts type group | |
| 2022-03-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-02-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-02-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-01-27 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-01-27 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-01-27 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-10-07 | AA | accounts | Accounts with accounts type group | |
| 2021-10-01 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-10-01 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-05-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-05-27 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-05-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
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.