TOWERS & CO.,LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-12 (in 6mo)
Last made up 2025-10-29
Watchouts
None on the register
Cash
£6K
0% vs 2023
Net assets
£10M
-3.9% vs 2023
Employees
71
-10.1% vs 2023
Profit before tax
-£398K
-126.1% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £45,775,000 | £45,010,000 | |
| Operating profit | -£562,000 | £102,000 | |
| Profit before tax | -£176,000 | -£398,000 | |
| Net profit | -£158,000 | -£402,000 | |
| Cash | £6,000 | £6,000 | |
| Total assets less current liabilities | £10,781,000 | £10,365,000 | |
| Net assets | £10,781,000 | £10,365,000 | |
| Equity | £10,781,000 | £10,365,000 | |
| Average employees | 79 | 71 | |
| Wages | £3,090,000 | £3,072,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -1.2% | 0.2% | |
| Net margin | -0.3% | -0.9% | |
| Return on capital employed | -5.2% | 1.0% | |
| Current ratio | 1.32x | 1.26x | |
| Interest cover | -1.15x | 0.20x |
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
- Alliotts LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the Company and the Group of which it is part have adequate resources to continue in operational existence for a minimum of 12 months from the date of signing the accounts. Therefore, they continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- TOWERS & CO.,LIMITED · parent
- Rassau Seafood GmbH 100%
- British and Overseas Meats Ltd
- House of Hermanns (Growers) Ltd Kenton Packing Station Ltd
- New Zealand Premier Lamb Importers Ltd
- New Zealand Premier Meat Company Ltd
- Premonit Ltd
- Pyke Biggs Fairfax (Brighton) Ltd
- Rowlands (Food Providers) Ltd
- Superior Foods (Mexborough) Ltd
- The Stockbreeders Meat Company Ltd
- Towers & Co (Services) Ltd
- Towers Barron Ltd
- Towers Meats Ltd
- Towers Thompson Ltd
- Towers Thompson (Australia) Pty Ltd
- Towers Thompson Seafood Ltd
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GODDARD, Terry George | Director | 1994-07-11 | May 1957 | British |
| THOMPSON, Alan Paul | Director | 2022-12-12 | Aug 1949 | British |
| THOMPSON, Nicola | Director | 2023-09-01 | Aug 1978 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DOLAN, Paul | Secretary | — | 2014-06-27 |
| BERRY, Derroll William | Director | 1997-01-01 | 2006-10-31 |
| BRYDGES, Douglas George | Director | — | 1995-12-31 |
| BUSWELL, Michel Norman | Director | — | 1994-12-31 |
| CHURCHILL, Nicholas Mark | Director | — | 1996-04-09 |
| CLARK, Dennis Leslie | Director | 1995-05-16 | 2010-08-20 |
| DOLAN, Paul | Director | 1997-01-01 | 2022-12-31 |
| GRAY, David | Director | 1994-12-31 | 1997-09-25 |
| HAZELL, Allen Douglas | Director | 1993-09-01 | 1994-12-31 |
| KING, Andrew Stephen | Director | 1949-11-22 | 1994-12-31 |
| ROSE, Trevor George | Director | 1996-01-01 | 1998-02-02 |
| THOMPSON, Alan Paul | Director | — | 2014-06-30 |
| WILLIAMS, Alan John | Director | — | 1994-07-19 |
| WILLIAMS, Brian William | Director | — | 1994-07-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Towers Thompson Holdings Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 184 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-04 | AA | accounts | Accounts with accounts type full | |
| 2024-11-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-28 | AA | accounts | Accounts with accounts type full | |
| 2023-11-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-07 | AA | accounts | Accounts with accounts type full | |
| 2023-09-04 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-14 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-16 | AA | accounts | Accounts with accounts type full | |
| 2021-10-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-07 | AA | accounts | Accounts with accounts type full | |
| 2020-12-18 | AA | accounts | Accounts with accounts type full | |
| 2020-10-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-09-18 | AA | accounts | Accounts with accounts type full | |
| 2018-10-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-08-14 | AA | accounts | Accounts with accounts type full | |
| 2017-10-31 | CS01 | confirmation-statement | Confirmation statement with no updates |
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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-1.7%
£45,775,000 £45,010,000
-
Cash
0%
£6,000 £6,000
-
Net assets
-3.9%
£10,781,000 £10,365,000
-
Employees
-10.1%
79 71
-
Operating profit
+118.1%
-£562,000 £102,000
-
Profit before tax
-126.1%
-£176,000 -£398,000
-
Wages
-0.6%
£3,090,000 £3,072,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers