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Cash

£6.9m

highest in 3 filed years

Net assets

£12m

Equity attributable

Employees

32

highest in 3 filed years

Profit before tax

£3.8m

Period ending 2025-12-31

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £13,107,000£26,577,000£21,449,000
Operating profit £1,352,000£4,012,000£3,501,000
Profit before tax £1,350,000£4,201,000£3,846,000
Net profit £1,435,000£3,055,000£2,919,000
Cash £1,884,000£6,755,000£6,913,000
Total assets less current liabilities £10,693,000£12,314,000£12,010,000
Net assets £10,281,000£11,936,000£11,755,000
Equity £10,281,000£11,936,000£11,755,000
Average employees 272932
Wages £1,960,000£2,353,000£2,260,000
Directors' remuneration £117,000£159,000£193,000

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 . Year-on-year comparison hidden: this filing covers about 24 months versus 24 months prior. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Operating margin 10.3%15.1%16.3%
Net margin 10.9%11.5%13.6%
Return on capital employed 12.6%32.6%29.2%
Gearing (liabilities / total assets) 13.3%29.1%23.5%
Current ratio 3.68x2.11x2.44x

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

  1. P J DAVIDSON (UK) LIMITED 2018-12-03 → present
  2. VW TRADING LIMITED 2018-08-20 → 2018-12-03

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Standalone (parent only)
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors therefore have a reasonable expectation that the Company has adequate resources to continue in operational existence for 12 months from the date of signing the financial statements. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

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

People

5 active · 4 resigned

Name Role Appointed Born Nationality
BUCKELS, James Christopher Director 2022-08-25 Jun 1981 British
HARRIS, Anita Suzanne Director 2023-09-12 Oct 1975 British
JOYCE, Benjamin John Walford Director 2022-08-25 Mar 1980 British
OFFORD, Richard Andrew Director 2018-11-09 Sep 1964 British
WOODS, Matthew Gordon Director 2018-11-09 May 1965 British
Show 4 resigned officers
Name Role Appointed Resigned
CONNELL, Naomi Anne Director 2018-08-20 2023-07-16
GRIFFIN, David John Director 2019-02-01 2022-08-25
HUMPHREY, Ceri Suzanne Director 2018-08-20 2021-11-15
ROBERTSON, Alan Robert Director 2018-11-09 2023-12-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Volkerwessels Limited Corporate entity Shares 75–100% 2018-08-20 Active

Filing timeline

Last 20 of 35 total filings

Date Type Category Description
2026-07-25 AA accounts Accounts with accounts type full
2025-09-08 AA accounts Accounts with accounts type full
2025-08-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-06 AA accounts Accounts with accounts type full
2024-08-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-01-02 TM01 officers Termination director company with name termination date PDF
2023-09-23 AA accounts Accounts with accounts type full
2023-09-12 AP01 officers Appoint person director company with name date PDF
2023-08-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-07-17 TM01 officers Termination director company with name termination date PDF
2022-08-26 AP01 officers Appoint person director company with name date PDF
2022-08-26 AP01 officers Appoint person director company with name date PDF
2022-08-26 TM01 officers Termination director company with name termination date PDF
2022-08-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-06-09 AA accounts Accounts with accounts type full
2021-11-23 TM01 officers Termination director company with name termination date PDF
2021-11-23 AA accounts Accounts with accounts type full
2021-09-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-09-14 AA accounts Accounts with accounts type full
2020-08-26 CS01 confirmation-statement Confirmation statement with updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

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