NELLA CUTLERY SOUTH LIMITED
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Cash
£354k
-76.5% lowest in 6 filed years
Net assets
£3.3m
-12.3% vs 2024
Employees
215
-0.9% vs 2024
Profit before tax
-£58k
-104.4% lowest in 6 filed years
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £8,120,967 | £9,701,459 | £14,286,135 | £16,486,201 | £17,748,754 | £18,519,674 | +4.3% | |
| Operating profit | — | — | — | £2,404,889 | £1,325,913 | -£34,150 | -102.6% | |
| Profit before tax | £621,704 | £1,002,847 | £2,151,943 | £2,354,042 | £1,321,522 | -£58,215 | -104.4% | |
| Net profit | £420,019 | £722,927 | £1,704,149 | £1,669,834 | £942,481 | -£82,428 | -108.7% | |
| Cash | £1,336,235 | £820,099 | £784,147 | £1,089,491 | £1,502,469 | £353,735 | -76.5% | |
| Total assets less current liabilities | £4,071,816 | £4,320,753 | £4,335,109 | £3,998,079 | £4,418,161 | £4,440,622 | +0.5% | |
| Net assets | £2,716,649 | £2,879,179 | £3,863,328 | £3,265,322 | £3,748,435 | £3,285,995 | -12.3% | |
| Equity | £2,716,649 | £2,879,179 | £3,863,328 | £3,265,322 | £3,748,435 | £3,285,995 | -12.3% | |
| Average employees | 187 | 176 | 235 | 202 | 217 | 215 | -0.9% | |
| Wages | £4,564,603 | £4,493,556 | £6,434,603 | £6,470,945 | £7,108,915 | £7,790,661 | +9.6% | |
| Directors' remuneration | £46,020 | £58,193 | £93,826 | £91,100 | £96,153 | £71,238 | -25.9% | |
| Directors' pension contributions | — | — | — | £1,630 | £1,633 | £1,182 | -27.6% |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 14.6% | 7.5% | -0.2% | |
| Net margin | 5.2% | 7.5% | 11.9% | 10.1% | 5.3% | -0.4% | |
| Return on capital employed | — | — | — | 60.2% | 30.0% | -0.8% | |
| Gearing (liabilities / total assets) | 39.4% | 50.6% | 47.5% | 60.2% | 50.6% | 57.8% | |
| Current ratio | — | — | — | 1.25x | 1.70x | 1.25x | |
| Interest cover | — | — | — | 47.30x | — | -0.96x |
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.
Name history
Renamed 1 time since incorporation
- NELLA CUTLERY SOUTH LIMITED 2014-08-01 → present
- NELLA CUTLERY LONDON LIMITED 2014-05-15 → 2014-08-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- DJH Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.”
Group structure
- NELLA CUTLERY SOUTH LIMITED · parent
- SAS Nella France 100%
- Graziano Grindings Services Holdings Limited 100%
- Graziano Grindings Services Limited 100%
Significant events
- “During the year, the company acquired the shares and business of Graziano Grinding Services Holdings Limited.”
- “Following completion of the acquisition, the assets of the acquired company were hived up into the company.”
- “On 8 September 2026 the directors initiated the process to dissolve the subsidiary, Graziano Grinding Holdings Services Ltd and the ultimate subsidiary, Graziano Grinding Services Ltd.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NELLA, Caroline Frances | Director | 2015-01-16 | Sep 1966 | British |
| NELLA, Mario Franco | Director | 2014-08-12 | Oct 1988 | British |
| NELLA, Mark Paul Peter | Director | 2014-05-15 | Jan 1967 | British |
| NELLA, Stefano | Director | 2014-08-12 | Aug 1993 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AYRES, Noemi Lucia | Secretary | 2014-08-12 | 2021-10-01 |
| AYRES, Noemi Lucia | Director | 2015-07-07 | 2021-10-01 |
| BULL, Sacha Louisa | Director | 2014-08-12 | 2021-10-01 |
| MANNERING, Julie-Anne | Director | 2021-08-13 | 2025-05-16 |
| NELLA, Emilio Pietro | Director | 2014-05-15 | 2017-04-05 |
| NELLA, Julie Karen | Director | 2015-01-16 | 2017-04-05 |
| NELLA, Sophia Mariza | Director | 2015-07-07 | 2017-04-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Nella Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2017-04-05 | Active |
Filing timeline
Last 20 of 79 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-30 | AA | accounts | Accounts with accounts type full | |
| 2026-05-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-06 | AA | accounts | Accounts with accounts type full | |
| 2025-06-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-05-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2023-05-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-01-18 | CH01 | officers | Change person director company with change date | |
| 2022-09-30 | AA | accounts | Accounts with accounts type full | |
| 2022-07-20 | CH01 | officers | Change person director company with change date | |
| 2022-07-20 | CH01 | officers | Change person director company with change date | |
| 2022-07-19 | CH01 | officers | Change person director company with change date | |
| 2022-05-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-10-22 | TM01 | officers | Termination director company with name termination date | |
| 2021-10-22 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-10-22 | TM01 | officers | Termination director company with name termination date | |
| 2021-10-05 | AA | accounts | Accounts with accounts type full | |
| 2021-08-13 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.