GRANTS (DUFFTOWN) LIMITED
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Cash
£3.9k
-29.3% vs 2023
Net assets
£7.1m
+25.7% vs 2023
Employees
87
+6.1% vs 2023
Profit before tax
£2m
+9.7% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-10-31
| Metric | Trend | 2023-10-31 | 2024-10-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £12,992,353 | £16,370,408 | +26% | |
| Operating profit | £1,828,396 | £2,005,490 | +9.7% | |
| Profit before tax | £1,828,396 | £2,005,255 | +9.7% | |
| Net profit | £1,467,583 | £1,444,527 | -1.6% | |
| Cash | £5,578 | £3,942 | -29.3% | |
| Total assets less current liabilities | £5,735,828 | £7,184,110 | +25.2% | |
| Net assets | £5,621,335 | £7,065,862 | +25.7% | |
| Equity | £5,621,335 | £7,065,862 | +25.7% | |
| Average employees | 82 | 87 | +6.1% | |
| Wages | £3,728,328 | £4,167,562 | +11.8% | |
| Directors' remuneration | £125,427 | £126,340 | +0.7% |
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 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|
| Operating margin | 14.1% | 12.3% | |
| Net margin | 11.3% | 8.8% | |
| Return on capital employed | 31.9% | 27.9% | |
| Current ratio | 1.61x | 1.71x |
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
- GRANTS (DUFFTOWN) LIMITED 1985-12-27 → present
- GRANT (COPPERSMITHS & PLUMBERS, DUFFTOWN) LIMITED 1956-08-07 → 1985-12-27
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Johnston Carmichael LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Significant events
- “Our turnover has increased to £16M from £13M last year. Turnover has increased as a result of higher contract volumes, with a strong pipeline of secured projects contributing to consistent revenue throughout the year.”
- “Despite an anticipated downturn in the distilling sector, the directors of the Company remain optimistic about the future performance of the business.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FORSYTH, Heather | Secretary | 2011-10-11 | — | — |
| FORSYTH, Richard Ernest | Director | 2008-09-01 | Sep 1979 | British |
| FORSYTH, Richard | Director | — | Sep 1951 | British |
| STEPHEN, Douglas James | Director | 2018-10-23 | Dec 1978 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCLENNAN, Margery Anne | Secretary | — | 2010-12-17 |
| ALLAN, Charles Sim | Director | 1998-04-01 | 2001-11-16 |
| DUFF, Albert Stuart | Director | 2010-01-01 | 2017-07-28 |
| FORSYTH, William | Director | — | 2008-07-17 |
| MCLENNAN, Margery Anne | Director | 1998-03-17 | 2010-12-17 |
| MURRAY, John Alexander | Director | — | 1995-01-31 |
| RIGBY, Michael | Director | 1998-04-01 | 1999-10-08 |
| SCOTT, Kenneth | Director | 1998-03-17 | 2012-02-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Forsyths Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors (as trust), Significant influence (as firm) | 2026-04-06 | Active |
| Mr Richard Forsyth | Individual | Significant influence | 2016-04-06 | Ceased 2026-04-06 |
| Mr Richard Ernest Forsyth | Individual | Significant influence | 2016-04-06 | Ceased 2026-04-06 |
Filing timeline
Last 20 of 121 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-31 | AA | accounts | Accounts with accounts type full | |
| 2026-04-09 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-04-08 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-04-08 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-08-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-04 | AA | accounts | Accounts with accounts type full | |
| 2024-11-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-09-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-09-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-01 | AA | accounts | Accounts with accounts type full | |
| 2023-08-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-31 | AA | accounts | Accounts with accounts type full | |
| 2022-09-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-02 | AA | accounts | Accounts with accounts type full | |
| 2021-09-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-02 | AA | accounts | Accounts with accounts type full | |
| 2020-10-28 | AA | accounts | Accounts with accounts type full | |
| 2020-09-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-08-22 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- 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.