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Cash

£417K

-25% vs 2024

Net assets

£2.7M

-3.1% first positive since 2021

Employees

75

-5.1% vs 2024

Profit before tax

-£138K

-175.4% lowest in 3 filed years

Accounts

5-year trend · Δ = latest vs prior filed period · latest reflected 2025-08-31

Metric Trend 2021-08-312022-08-312023-08-312024-08-312025-08-31 Δ vs prior
Turnover £6,234,000£5,991,000£5,447,000 -9.1%
Operating profit £931,000£323,000£10,000 -96.9%
Profit before tax £826,000£183,000-£138,000 -175.4%
Net profit -£26,000£326,000£831,000£167,000-£4,000 -102.4%
Cash £84,000£374,000£556,000£556,000£417,000 -25%
Total assets less current liabilities £1,764,000£2,228,000£5,122,000£4,476,000£4,775,000 +6.7%
Net assets -£230,000£12,000£2,925,000£2,746,000£2,661,000 -3.1%
Equity -£230,000£12,000£2,925,000£2,746,000£2,661,000 -3.1%
Average employees 11787975 -5.1%
Wages £1,997,000£2,226,000£2,249,000 +1%
Directors' remuneration £14,000£14,000£18,000 +28.6%

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 2021-08-312022-08-312023-08-312024-08-312025-08-31
Operating margin 14.9%5.4%0.2%
Net margin 13.3%2.8%-0.1%
Return on capital employed 18.2%7.2%0.2%
Current ratio 2.16x1.84x2.21x
Interest cover 8.87x2.31x0.07x

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
Barnett & Turner Accountants Ltd
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“On the basis of their assessment of the group's financial position and of the enquiries made of the banks, the directors have a reasonable expectation that the group will be able to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

  1. GREEN MILL INDUSTRIES LTD · parent
    1. Fernite of Sheffield Limited 100% · UK
    2. Thurlstone Property Limited 75% · UK
    3. Mastercut Cutting Systems Limited 100% · UK
    4. Kennedy Grinding Limited 100% · UK
    5. Fernite Engineering Limited 100% · UK
    6. Northern Grinding & Granulating Equipment Engineering Company Limited 100% · UK

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

2 active · 0 resigned

Name Role Appointed Born Nationality
KITCHING, Hannah Ruth Director 2023-05-12 Oct 1979 British
KITCHING, James Robert Director 2014-05-16 Jul 1973 British

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mrs Hannah Ruth Kitching Individual Shares 25–50%, Voting 25–50% 2023-05-12 Active
Mr James Robert Kitching Individual Shares 50–75%, Voting 50–75% 2016-04-06 Active

Filing timeline

Last 20 of 38 total filings

Date Type Category Description
2026-05-29 AA accounts Accounts with accounts type group PDF
2026-04-22 CS01 confirmation-statement Confirmation statement with updates PDF
2025-05-30 AA accounts Accounts with accounts type group PDF
2025-04-15 CS01 confirmation-statement Confirmation statement with updates PDF
2024-05-30 AA accounts Accounts with accounts type group PDF
2024-05-13 CS01 confirmation-statement Confirmation statement with updates PDF
2023-11-30 CS01 confirmation-statement Confirmation statement with updates PDF
2023-11-30 PSC04 persons-with-significant-control Change to a person with significant control PDF
2023-11-30 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2023-11-30 AP01 officers Appoint person director company with name date PDF
2023-08-30 AA accounts Accounts with accounts type group PDF
2023-05-16 CS01 confirmation-statement Confirmation statement with updates PDF
2022-05-31 AA accounts Accounts with accounts type total exemption full PDF
2022-05-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-11-23 AD01 address Change registered office address company with date old address new address PDF
2021-05-25 AA accounts Accounts with accounts type total exemption full PDF
2021-05-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-06-02 AA accounts Accounts with accounts type total exemption full PDF
2020-05-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-05-21 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page