BALCAS TIMBER LIMITED
Operating as a subsidiary of Balcas Ltd, this Northern Ireland-based company runs a major sawmill producing construction timber and renewable energy products under the Balcas Timber and Balcas Energy brands.
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Cash
£48m
+59.2% highest in 3 filed years
Net assets
£89m
+19.1% highest in 3 filed years
Employees
345
+0.3% vs 2024
Profit before tax
£19m
+2.5% vs 2024
Net assets
3-year trend · vs Basic Materials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-25
| Metric | Trend | 2023-12-28 | 2024-12-26 | 2025-12-25 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £137,225,000 | £130,818,000 | £133,591,000 | +2.1% | |
| Operating profit | £21,132,000 | £17,558,000 | £17,954,000 | +2.3% | |
| Profit before tax | £21,852,000 | £18,722,000 | £19,194,000 | +2.5% | |
| Net profit | £16,662,000 | £13,954,000 | £14,212,000 | +1.8% | |
| Cash | £28,625,000 | £30,448,000 | £48,460,000 | +59.2% | |
| Total assets less current liabilities | £104,278,000 | £117,403,000 | £129,318,000 | +10.1% | |
| Net assets | £60,391,000 | £74,345,000 | £88,557,000 | +19.1% | |
| Equity | £60,391,000 | £74,345,000 | £88,557,000 | +19.1% | |
| Average employees | 350 | 344 | 345 | +0.3% | |
| Wages | £13,272,000 | £14,434,000 | £15,334,000 | +6.2% | |
| Directors' remuneration | — | — | — | — |
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 | 2023-12-28 | 2024-12-26 | 2025-12-25 |
|---|---|---|---|---|
| Operating margin | 15.4% | 13.4% | 13.4% | |
| Net margin | 12.1% | 10.7% | 10.6% | |
| Return on capital employed | 20.3% | 15.0% | 13.9% | |
| Gearing (liabilities / total assets) | 51.1% | 45.9% | 40.6% | |
| Current ratio | 5.48x | 5.85x | 6.51x | |
| Interest cover | 59.03x | 50.89x | 53.12x |
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
- KPMG
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have considered the cash flow requirements of the Company for a period of 12 months from the date of signing of the financial statements and consider it appropriate to prepare the financial statements on a going concern basis.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MURPHY, Patrick Brian | Secretary | 2022-03-31 | — | — |
| GLENNON, Mike | Director | 2021-10-29 | Aug 1963 | Irish |
| GLENNON, Patrick John | Director | 2021-10-29 | Jan 1961 | Irish |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MURPHY, Brian | Secretary | 1991-10-18 | 2021-10-29 |
| KIDNEY, Andrew James | Director | 1991-10-18 | 2021-10-29 |
| KIDNEY, Ernest Smith | Director | 1991-10-18 | 2015-05-07 |
| KIDNEY, George | Director | 1991-10-18 | 2012-12-21 |
| MURPHY, Patrick Brian | Director | 2015-06-04 | 2021-10-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Balcas Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 148 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-11-05 RESOLUTIONS Resolution
- 2021-11-05 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-29 | AA | accounts | Accounts with accounts type full | |
| 2026-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-06-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-19 | AA | accounts | Accounts with accounts type full | |
| 2024-06-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-09 | AA | accounts | Accounts with accounts type full | |
| 2023-06-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-14 | AA | accounts | Accounts with accounts type full | |
| 2022-06-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-31 | AP03 | officers | Appoint person secretary company with name date | |
| 2021-11-05 | RESOLUTIONS | resolution | Resolution | |
| 2021-11-05 | MA | incorporation | Memorandum articles | |
| 2021-11-05 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-11-05 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-11-04 | AP01 | officers | Appoint person director company with name date | |
| 2021-11-04 | AP01 | officers | Appoint person director company with name date | |
| 2021-11-04 | TM01 | officers | Termination director company with name termination date | |
| 2021-11-04 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-11-04 | TM01 | officers | Termination director company with name termination date |
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.