DEVOL KITCHENS LIMITED
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Cash
£3.9M
-16.8% lowest in 4 filed years
Net assets
£23M
+29.8% highest in 4 filed years
Employees
377
+14.6% highest in 4 filed years
Profit before tax
£4.7M
-22.2% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2026-06-30.
Net assets
4-year trend · vs Consumer Discretionary median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2024-09-30
| Metric | Trend | 2020-09-30 | 2021-09-30 | 2023-09-30 | 2024-09-30 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | £16,015,870 | £20,710,740 | £35,487,268 | £37,046,315 | +4.4% | |
| Operating profit | £2,349,391 | £2,656,171 | £5,852,749 | £4,574,512 | -21.8% | |
| Profit before tax | £2,198,745 | £2,549,598 | £6,000,545 | £4,669,725 | -22.2% | |
| Net profit | £1,780,788 | £2,044,413 | £4,803,778 | £4,368,811 | -9.1% | |
| Cash | £4,667,413 | £7,666,538 | £4,670,813 | £3,886,471 | -16.8% | |
| Total assets less current liabilities | £11,223,548 | £11,973,041 | £17,904,475 | £23,259,684 | +29.9% | |
| Net assets | £7,782,177 | £9,543,342 | £17,505,090 | £22,724,179 | +29.8% | |
| Equity | £7,782,177 | £9,543,342 | £17,505,090 | £22,724,179 | +29.8% | |
| Average employees | 220 | 230 | 329 | 377 | +14.6% | |
| Wages | £6,147,925 | £6,633,588 | £10,392,205 | £11,788,686 | +13.4% | |
| Directors' remuneration | £17,130 | £114,771 | £25,661 | £25,528 | -0.5% |
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 | 2020-09-30 | 2021-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating margin | 14.7% | 12.8% | 16.5% | 12.3% | |
| Net margin | 11.1% | 9.9% | 13.5% | 11.8% | |
| Return on capital employed | 20.9% | 22.2% | 32.7% | 19.7% | |
| Current ratio | — | — | 1.05x | 1.15x | |
| Interest cover | 15.59x | 24.61x | — | — |
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
- Meadows & Co Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have prepared the financial statements on a going concern basis. Before confirming the appropriateness of the going concern basis of preparation, the directors reviewed the following: - The relative strength of the Company's Balance Sheet - The level of cash held by the company and access to third party debt if required - The strength of the future orders. Given the above, the directors believe that the Company have the resources required to settle all liabilities as they fall due for at least 12 months from the date of signing the financial statements and that no material uncertainties exist. Accordingly, the financial statements have been prepared on a going concern basis.”
Significant events
- “Being awarded the Kings Award for Enterprise for International Trade was an honour that propelled the business into overdrive to ensure domestic and international sales continued to rise”
- “This financial year has allowed deVOL to see the financial impact the new Bath showroom has made to the revenue figure; the results are impressive for the first year of operation.”
- “Along with the new showroom, capital has been invested into developing a new workshop that is now in use with a large proportion of the workforce under one roof”
- “deVOL continues to reap the benefits from 'For the Love of Kitchens', a successful TV show with 2 seasons aired on the Magnolia Network owned by celebrity hosts, Chip and Joanna Gains, with the first episode having aired in 2021.”
- “Enhanced global recognition of the deVOL brand with the publishing of the well sought-after book 'The deVOL Kitchen' with renowned publishing group, Penguin, has certainly aided the brand.”
- “Receiving the Kings Award for Enterprise for International Trade was an honour and solidifies the importance of investing in deVOL's overseas presence to continue reaching new audiences”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WEMYSS, Camilla Rose | Secretary | 2019-01-01 | — | — |
| MCLELLAN, Robin John | Director | 2016-04-19 | Jan 1985 | British |
| O'LEARY, Paul John | Director | 2008-09-25 | Nov 1963 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Paul John O'Leary | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 72 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-04-17 RESOLUTIONS Resolution
- 2026-04-17 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-17 | RESOLUTIONS | resolution | Resolution | |
| 2026-04-17 | MA | incorporation | Memorandum articles | |
| 2026-04-02 | SH01 | capital | Capital allotment shares | |
| 2026-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-26 | AA | accounts | Accounts with accounts type full | |
| 2025-01-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-06-06 | AA | accounts | Accounts with accounts type full | |
| 2024-02-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-24 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-11-24 | CH01 | officers | Change person director company with change date | |
| 2023-09-27 | CH03 | officers | Change person secretary company with change date | |
| 2023-09-26 | CH03 | officers | Change person secretary company with change date | |
| 2023-06-23 | AA | accounts | Accounts with accounts type full | |
| 2023-02-20 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 1
- 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.