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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-10-03 (in 5mo)

Last made up 2025-09-19

Watchouts

None on the register

Cash

£50M

-4.3% vs 2024

Net assets

£152M

-5.2% vs 2024

Employees

245

-1.6% vs 2024

Profit before tax

£8M

+5.7% vs 2024

Accounts

2-year trend · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31
Turnover £123,849,000£108,221,000
Operating profit £4,790,000£5,605,000
Profit before tax £7,201,000£7,611,000
Net profit £5,922,000£5,898,000
Cash £51,983,000£49,747,000
Total assets less current liabilities £162,248,000£152,861,000
Net assets £160,379,000£152,015,000
Equity £160,379,000£152,015,000
Average employees 249245
Wages £7,653,000£7,454,000

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 2024-03-312025-03-31
Operating margin 3.9%5.2%
Net margin 4.8%5.4%
Return on capital employed 3.0%3.7%
Current ratio 12.32x10.37x
Interest cover 27.06x17.52x

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
S&W Partners Audit Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“After reviewing the group and parent company's forecasts and projections, the Directors have a reasonable expectation that the group and parent company have has adequate resources to continue in operational existence for a period of at least 12 months from the signing date of these accounts. The group and parent company therefore continues to adopt the going concern basis in preparing its financial statements.”

Group structure

  1. G. MODIANO LIMITED · parent
    1. Henry Firth & Son Limited 100% · England · Dormant
    2. G. Modiano (Wool & Hair) Limited 100% · England · Dormant
    3. Lyndale Wools Limited 100% · England · Dormant
    4. Nejdecká Česárna Vlny, a.s. 70% · Czech Republic · Wool processing
    5. Modiano Australia Pty Limited 100% · Australia · Wool trading
    6. G. Modiano (NZ) Limited 100% · New Zealand · Wool trading
    7. G. Modiano S A (Proprietary) Limited 95% · South Africa · Wool trading
    8. G. Modiano Yün Ticaret AŞ 100% · Turkey · Wool trading

Significant events

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

People

7 active · 8 resigned

Name Role Appointed Born Nationality
PARSONS, Russell Thomas Secretary 2012-07-20
AVIGDOR, Emir Director 2012-06-01 Dec 1965 British
DALLAS, John Eastwood Director Nov 1942 British
JOHNSTON, Gavin Henry Robert Director 2025-01-08 Nov 1964 British
MODIANO, Lorenzo (Laurence) Director 1996-01-22 May 1965 Italian
MODIANO, Michael Director 2005-01-10 Apr 1968 Italian
PARSONS, Russell Thomas Director 2012-06-01 Dec 1960 British
Show 8 resigned officers
Name Role Appointed Resigned
AARVOLD, John Merriman Secretary 2012-07-20
AARVOLD, John Merriman Director 2012-07-20
COLLIER, John Timothy Director 1994-05-31
COSTIN, William Frederick Director 2023-12-31
GALLAGHER, David James Director 2005-11-30
MODIANO, Barbara Director 2016-09-05
MODIANO, Giuseppe Director 2012-11-29
WATERHOUSE, Robert Director 1996-05-30 1999-03-19

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mrs Barbara Modiano Individual Shares 50–75%, ownership-of-shares-25-to-50-percent-as-trust, Voting 25–50%, voting-rights-50-to-75-percent-as-trust 2016-04-06 Ceased 2016-09-05
Mr Michael Modiano Individual ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust 2016-04-06 Active

Filing timeline

Last 20 of 204 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2023-12-19 RESOLUTIONS Resolution
  • 2023-12-19 RESOLUTIONS Resolution
Date Type Category Description
2025-12-18 AA accounts Accounts with accounts type group
2025-09-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-10 MR04 mortgage Mortgage satisfy charge full PDF
2025-01-08 AP01 officers Appoint person director company with name date PDF
2024-12-24 AA accounts Accounts with accounts type group
2024-09-24 CS01 confirmation-statement Confirmation statement with updates PDF
2024-07-17 CS01 confirmation-statement Confirmation statement with updates PDF
2024-07-01 AD01 address Change registered office address company with date old address new address PDF
2024-01-04 TM01 officers Termination director company with name termination date PDF
2023-12-28 SH06 capital Capital cancellation shares
2023-12-19 RESOLUTIONS resolution Resolution
2023-12-19 RESOLUTIONS resolution Resolution
2023-12-19 CH01 officers Change person director company with change date PDF
2023-12-18 AA accounts Accounts with accounts type group
2023-12-14 SH03 capital Capital return purchase own shares
2023-07-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-12-05 AA accounts Accounts with accounts type group
2022-07-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-12-13 AA accounts Accounts with accounts type group
2021-07-20 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

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 2025-03-31 vs 2024-03-31

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

Official Companies House page