F M CONWAY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2025-03-31
Confirmation statement due
2026-06-06 (in 1mo)
Last made up 2025-05-23
Watchouts
Cash
£74M
+5.7% vs 2024
Net assets
£150M
+17.5% vs 2024
Employees
2,332
+3.5% vs 2024
Profit before tax
£33M
+12.1% vs 2024
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 · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £579,835,000 | £608,340,000 | |
| Operating profit | £30,905,000 | £35,184,000 | |
| Profit before tax | £29,402,000 | £32,973,000 | |
| Net profit | £21,615,000 | £22,307,000 | |
| Cash | £70,427,000 | £74,416,000 | |
| Total assets less current liabilities | £213,239,000 | £165,576,000 | |
| Net assets | £127,460,000 | £149,767,000 | |
| Equity | £127,460,000 | £149,767,000 | |
| Average employees | 2,254 | 2,332 | |
| Wages | £119,013,000 | £122,244,000 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 5.3% | 5.8% | |
| Net margin | 3.7% | 3.7% | |
| Return on capital employed | 14.5% | 21.2% | |
| Current ratio | 1.46x | 1.17x | |
| Interest cover | 6.13x | 9.58x |
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
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the Group and Company have adequate resources to continue in operational existence for the foreseeable future. The Group and Company continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- F M CONWAY LIMITED · parent
- United Asphalt (Theale) Limited 100%
- Toppesfield Limited 100%
Significant events
- “On 31 January 2025, FM Conway Ltd was acquired by Vinci Construction Holding Ltd.”
- “We commenced the expansion of our Gravesend bitumen terminal, received planning consent for a new asphalt plant, and completed the renewal of the Drainage Treatment Plant at our Dartford depot facility.”
- “We secured two major framework contracts with West Sussex County Council... the first was a 7-year Highway Drainage Maintenance contract and the second was the 4-year framework contract for the provision of Highways Capital Delivery Schemes.”
- “We have successfully tendered and renewed our term maintenance agreement with the Royal Borough of Kensington & Chelsea for a further 5 years. Furthermore, we also secured a 5-year drainage contract with Leicestershire County Council, a 2-year Major Roads Carriageway Resurfacing contract with Reading Borough Council, and a 5-year Surfacing Framework contract with the Royal Parks.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GOOSEY, Paul Anthony | Director | 2025-01-31 | Nov 1973 | British |
| HANSEN, Andrew Stephen | Director | 2008-01-21 | Jan 1967 | British |
| LANSADE, Xavier Pierre | Director | 2025-01-31 | Dec 1967 | French |
| SKEGG, Philippe George | Director | 2025-01-31 | Jul 1981 | British |
| WARDROP, Scott Alexander | Director | 2025-01-31 | Apr 1966 | British |
| WEBSTER, Christopher Charles | Director | 2016-06-07 | May 1958 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CONWAY, Kim | Secretary | — | 2009-10-21 |
| BETCHLEY, Michael Richard | Director | 2012-02-14 | 2017-03-31 |
| CONWAY, Joanne | Director | 2011-02-14 | 2025-01-31 |
| CONWAY, Kim | Director | — | 2025-01-31 |
| CONWAY, Michael Joseph | Director | — | 2022-03-17 |
| DONNELLY, David Thomas | Director | 2008-01-21 | 2020-06-30 |
| FORECAST, John William | Director | 2009-10-28 | 2023-03-31 |
| GERAGHTY, Sean Andrew | Director | — | 2007-05-02 |
| GOLDSWORTHY, Mark Stuart | Director | 2020-06-23 | 2026-03-31 |
| GREEN, Adam Richard | Director | 2020-07-01 | 2023-10-31 |
| LEAVER, Neil Herbert James | Director | 1996-02-01 | 2008-03-28 |
| MANNING, James | Director | — | 1999-04-21 |
| METCALF, Timothy James | Director | 2017-03-31 | 2018-12-20 |
| SULLIVAN, John Barry | Director | 2008-10-24 | 2012-03-31 |
| WOODLAND, Ronald John | Director | 2008-10-24 | 2023-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Vinci Construction Holding Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-01-31 | Active |
| Mr Mark Stuart Goldsworthy | Individual | ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust, right-to-appoint-and-remove-directors-as-trust, significant-influence-or-control-as-trust | 2024-04-02 | Ceased 2025-01-31 |
| Mrs Kim Conway | Individual | ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust, right-to-appoint-and-remove-directors-as-trust, significant-influence-or-control-as-trust | 2022-08-09 | Ceased 2025-01-31 |
| Mr Michael Joseph Conway | Individual | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2024-04-02 |
| Mr Michael Joseph Conway | Individual | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2022-03-17 |
Filing timeline
Last 20 of 215 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-11 | AA | accounts | Accounts with accounts type group | |
| 2025-06-16 | AA01 | accounts | Change account reference date company current shortened | |
| 2025-05-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-02-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-02-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-11-01 | AA | accounts | Accounts with accounts type group | |
| 2024-10-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-29 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- 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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+4.9%
£579,835,000 £608,340,000
-
Cash
+5.7%
£70,427,000 £74,416,000
-
Net assets
+17.5%
£127,460,000 £149,767,000
-
Employees
+3.5%
2,254 2,332
-
Operating profit
+13.8%
£30,905,000 £35,184,000
-
Profit before tax
+12.1%
£29,402,000 £32,973,000
-
Wages
+2.7%
£119,013,000 £122,244,000
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