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Next accounts due

2027-01-31 (in 8mo)

Last filed for 2025-04-30

Confirmation statement due

2026-05-11

Overdue

Watchouts

1 item

Cash

£3M

+57.2% highest in 3 filed years

Net assets

£11M

+5.4% highest in 3 filed years

Employees

49

-3.9% lowest in 3 filed years

Profit before tax

£993K

-51.8% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

4-year trend · latest reflected 2025-04-30

Metric Trend 2022-05-012023-04-302024-04-302025-04-30
Turnover £16,941,129£13,098,573
Operating profit £2,035,329£950,811
Profit before tax £2,060,863£992,826
Net profit £2,393,751£1,504,789£718,804
Cash £682,440£2,115,472£3,326,346
Total assets less current liabilities £9,035,473£10,703,059£11,265,728
Net assets £8,991,898£10,568,799£11,139,603
Equity £7,054,696£8,991,898£10,568,799£11,139,603
Average employees 555149
Wages £2,329,587£2,106,154

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 2022-05-012023-04-302024-04-302025-04-30
Operating margin 12.0%7.3%
Net margin 8.9%5.5%
Return on capital employed 19.0%8.4%
Current ratio 5.76x7.55x
Interest cover 3952.10x

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
Consolidated group
Auditor
Barnes Roffe Audit Limited
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 12 months from when the financial statements are authorised for issue.”

Group structure

  1. RANKINS PARTNERS LIMITED · parent
    1. Plasmotec Limited 100% · Manufacture of plastic products

Significant events

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

People

3 active · 7 resigned

Name Role Appointed Born Nationality
RANKIN, Ewan Naismith Director 2006-05-01 May 1950 British
RANKIN, James William Director 2000-05-01 May 1968 British
SPENCER-JONES, Nicholas George Director 2020-04-07 Jul 1961 British
Show 7 resigned officers
Name Role Appointed Resigned
CARTWRIGHT, Peter John Secretary 2006-05-01
SPENCER JONES, Nicholas George Secretary 2006-05-01 2020-04-07
CARTWRIGHT, Peter John Director 2006-06-01
RANKIN, Colin Whitelock Director 1992-05-20
RANKIN, Cunison Deans Director 1994-12-17
RANKIN, John Whitelock Director 1993-12-29 2009-01-19
RANKIN, John Whitelock Director 1992-05-20

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr James William Rankin Individual Shares 50–75%, Voting 50–75%, right-to-appoint-and-remove-directors-as-firm, significant-influence-or-control-as-firm 2016-05-01 Active

Filing timeline

Last 20 of 128 total filings

Date Type Category Description
2026-01-28 AA accounts Accounts with accounts type group
2025-07-15 CH01 officers Change person director company with change date PDF
2025-07-15 MR04 mortgage Mortgage satisfy charge full PDF
2025-06-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-02-04 AA accounts Accounts with accounts type group PDF
2024-07-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-02-05 AA accounts Accounts with accounts type group
2023-06-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-02-02 AA accounts Accounts with accounts type group
2022-05-11 CS01 confirmation-statement Confirmation statement with updates PDF
2022-02-03 AA accounts Accounts with accounts type group
2022-02-02 PSC04 persons-with-significant-control Change to a person with significant control PDF
2021-05-11 AA accounts Accounts with accounts type group
2021-04-27 CH01 officers Change person director company with change date PDF
2021-04-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-04-27 CH01 officers Change person director company with change date PDF
2021-01-21 CS01 confirmation-statement Confirmation statement with updates PDF
2020-04-21 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2020-04-07 AP01 officers Appoint person director company with name date PDF
2020-04-07 TM02 officers Termination secretary company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

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.

Year-on-year

FY2024 → FY2025 · period ending 2025-04-30 vs 2024-04-30

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers

Official Companies House page