ADAMS-MOREY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-04 (in 2mo)
Last made up 2025-06-20
Watchouts
None on the register
Cash
£981K
+139.1% vs 2023
Net assets
£18M
+15.9% vs 2023
Employees
502
+7% vs 2023
Profit before tax
£4M
-32.2% vs 2023
Name history
Renamed 2 times since incorporation
- ADAMS-MOREY LIMITED 1987-10-19 → present
- MOREYS DAF TRUCKS LIMITED 1982-07-29 → 1987-10-19
- MOREY & SON (WOODCUTTS) LIMITED 1952-03-28 → 1982-07-29
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 | £146,585,022 | £136,701,075 | |
| Operating profit | £5,545,758 | £3,750,928 | |
| Profit before tax | £5,494,614 | £3,726,466 | |
| Net profit | £4,472,874 | £2,489,518 | |
| Cash | £410,395 | £981,122 | |
| Total assets less current liabilities | £16,199,429 | £19,027,667 | |
| Net assets | £15,673,660 | £18,163,178 | |
| Equity | £15,673,660 | £18,163,178 | |
| Average employees | 469 | 502 | |
| Wages | £18,043,680 | £19,809,051 |
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 | 3.8% | 2.7% | |
| Net margin | 3.1% | 1.8% | |
| Return on capital employed | 34.2% | 19.7% | |
| Current ratio | 1.39x | 1.68x | |
| Interest cover | 150.41x | 138.98x |
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
- WR Partners
- 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 statement is appropriate.”
Group structure
- ADAMS-MOREY LIMITED · parent
- Kingdon Holdings Limited 100%
- Wessex GS Limited 100%
Significant events
- “Looking ahead to 2025 we are hopeful that we will be able to add further marques to the current brands we represent and expect a further growth in sales. This combined with the investment that we have put into our truck operations and will continue to, during 2025, should ensure another acceptable financial performance.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MORRIS, David | Director | 2025-05-01 | May 1971 | British |
| NASH, Russell Carl | Director | 2003-11-01 | Dec 1960 | British |
| PASSANT, Ashley James | Director | 2023-06-16 | May 1991 | British |
| PASSANT, Derek Robert | Director | 2019-07-01 | Jan 1960 | British |
| PAWSON, Michael Andrew | Director | 2019-07-01 | Apr 1961 | British |
| PAYNTON, William Mark | Director | 2020-09-23 | May 1985 | British |
| SWINNERTON, Kevin Anthony | Director | 2019-07-01 | Dec 1966 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BLAND, Barry | Secretary | — | 2008-04-24 |
| MARSHALL, Mark | Secretary | 2008-04-24 | 2018-04-06 |
| ADAMS, Michael Charles | Director | — | 2019-07-01 |
| BLAND, Barry | Director | 1997-11-12 | 2008-04-24 |
| FENNELL, Michael | Director | 1997-11-12 | 2019-07-01 |
| FINNON, Kerry Paul | Director | 2019-07-01 | 2021-05-10 |
| HARVEY, Colin | Director | 2006-05-23 | 2025-10-17 |
| HILL, Stuart | Director | 1997-11-12 | 1999-02-12 |
| MARSHALL, Mark | Director | 2008-04-24 | 2018-04-06 |
| MEAD, Terence | Director | 2003-11-01 | 2013-01-01 |
| MERCER, Stephen John | Director | 2005-10-25 | 2007-11-30 |
| MOREY, Robert Aubrey Charles | Director | — | 1996-10-02 |
| SAYFRITZ, Keith James | Director | 2019-07-01 | 2024-01-12 |
| TIMMS, David | Director | 1987-11-12 | 2007-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Greenhous Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-07-01 | Active |
| Adams Morey Holdings Limited | Corporate entity | Shares 50–75%, Voting 75–100% | 2016-04-06 | Ceased 2019-07-01 |
| Elizabeth Ann Adams | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2016-04-06 |
| Mr Michael Charles Adams | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 516 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-10-21 RESOLUTIONS Resolution
- 2024-10-21 RESOLUTIONS Resolution
- 2024-10-21 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-19 | AA | accounts | Accounts with accounts type full | |
| 2025-05-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-28 | CH01 | officers | Change person director company with change date | |
| 2024-10-21 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-21 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-21 | MA | incorporation | Memorandum articles | |
| 2024-10-14 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-23 | CH01 | officers | Change person director company with change date | |
| 2024-05-28 | AA | accounts | Accounts with accounts type full | |
| 2024-01-14 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-08 | AA | accounts | Accounts with accounts type full | |
| 2023-07-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-20 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-10 | AA | accounts | Accounts with accounts type full | |
| 2022-06-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-31 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-09-07 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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
-6.7%
£146,585,022 £136,701,075
-
Cash
+139.1%
£410,395 £981,122
-
Net assets
+15.9%
£15,673,660 £18,163,178
-
Employees
+7%
469 502
-
Operating profit
-32.4%
£5,545,758 £3,750,928
-
Profit before tax
-32.2%
£5,494,614 £3,726,466
-
Wages
+9.8%
£18,043,680 £19,809,051
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