ONWARD HOLDINGS LIMITED

• ◆

  3 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. ONWARD HOLDINGS LIMITED 1989-01-30 → present
2. JOHN HINCHCLIFF & SON, LIMITED 1932-12-31 → 1989-01-30

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Brown Butler

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. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. ONWARD HOLDINGS LIMITED · parent
   1. Portare Limited 100% · Dormant

Significant events

• “During the year the business saw its first major restructure since 1961 when, on the death of the founder Willie Storey, his four children assumed management control of the company. This restructure sees two of the four families retire from the business, creating a new core team consisting of 3rd and 4th generation members from Ken Storey and Valerie Bloomer's families. As part of the restructure a new parent company, Onward Yorkshire Limited ("OYL") was established. OYL purchased the share capital of Onward Holdings Limited ("OHL") from the Family Trusts, with the two remaining families' Trusts being issued shares in OYL. All consideration for the shares was settled before the year end. The company develops property, and three significant development sales arose in the year which facilitated the restructure, with a property in Normanton and one in Featherstone being sold in October 2024, and a property in South Kirkby being sold in November 2024. During the year the company's property portfolio was revalued, and overall, the properties were valued upwards, albeit there were some reductions in the value of some of the stock properties - this is reflected in the property revaluation cost in the Profit and Loss Account.”

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

Filings

5

last 12 months

Capital events

2

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.

• Turnover

  +107.3%

  £5,580,030 → £11,565,166

• Cash

  -74.1%

  £6,335,746 → £1,643,829

• Net assets

  -43.4%

  £45,509,351 → £25,737,210

• Employees

  -21.6%

  37 → 29

• Operating profit

  +125.7%

  £2,034,495 → £4,591,584

• Profit before tax

  +229.9%

  £1,821,094 → £6,007,978

• Wages

  +3.8%

  £1,029,769 → £1,068,431

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