LATHAMS LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-09-05 (in 4mo)
Last made up 2025-08-22
Watchouts
None on the register
Cash
£68M
-5.7% vs 2024
Net assets
£204M
+4.3% vs 2024
Employees
539
+3.9% vs 2024
Profit before tax
£27M
-10.5% vs 2024
Name history
Renamed 1 time since incorporation
- LATHAMS LIMITED 1995-03-24 → present
- JAMES LATHAM (NORTHERN) LIMITED 1969-12-01 → 1995-03-24
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £355,610,000 | £354,102,000 | |
| Operating profit | £26,175,000 | £23,175,000 | |
| Profit before tax | £29,799,000 | £26,656,000 | |
| Net profit | £22,417,000 | £19,979,000 | |
| Cash | £72,453,000 | £68,309,000 | |
| Total assets less current liabilities | £206,254,000 | £215,490,000 | |
| Net assets | £195,173,000 | £203,652,000 | |
| Equity | £195,173,000 | £203,652,000 | |
| Average employees | 519 | 539 | |
| Wages | £20,296,000 | £21,405,000 |
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 | 7.4% | 6.5% | |
| Net margin | 6.3% | 5.6% | |
| Return on capital employed | 12.7% | 10.8% | |
| Gearing (liabilities / total assets) | 20.9% | 21.6% | |
| Current ratio | 4.92x | 4.46x | |
| Interest cover | 256.62x | 89.13x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- 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
- LATHAMS LIMITED · parent
- Advanced Technical Panels Limited 100%
- James Latham (Midland and Western) Limited 100%
- LDT Westerham Limited 100%
- Abbey Wood Agencies Limited 100%
- I.J.K. Timber Group Limited 100%
- Irvin and Sellers Limited 100%
- Keizer Venesta Limited 100%
- Northern Hardwoods Limited 100%
- William Davidson (Timber) Limited 100%
Significant events
- “During this financial year we implemented a warehouse management system ("WMS") into our Thurrock depot which has been a huge success.”
- “We have purchased our site in Scotland and also invested in more melamine racking to further improve our product range for our customers.”
- “We have been through a rebranding process where we now have renamed Dresser Mouldings as Latham Timber Manufacturing, IJK are now James Latham Ireland and Abbey Woods are James Latham Dublin.”
- “At 31 March 2025, there were capital commitments contracted for but not provided in the accounts of £716,000 (2024: £2,164,000).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DUNMOW, David Alan | Secretary | 2005-10-01 | — | British |
| DUFFIN, Andrew Carey | Director | 2005-01-01 | Jun 1962 | British |
| FROST, Michael Robert | Director | 2021-04-01 | May 1972 | British |
| LATHAM, Piers Francis | Director | 2005-01-01 | Mar 1971 | British |
| MUNRO, Neil | Director | 2025-07-22 | Sep 1966 | British |
| TRABUCCHI, Sophie May | Director | 2025-04-01 | Jan 1992 | British |
| WIDLINSKI, Nicholas James | Director | 2019-01-01 | Jun 1981 | British |
| WRIGHT, Andrew George | Director | 2005-01-01 | Nov 1964 | British |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KNOX, Brian Lindsay | Secretary | — | 1995-04-05 |
| LATHAM, Philippa Anne Joan | Secretary | 1995-04-01 | 2005-10-01 |
| DUNMOW, David Alan | Director | 2000-03-13 | 2022-05-04 |
| FROMMONT, Stephen Andrew | Director | 2015-07-01 | 2025-07-11 |
| HEWSON, John Henry | Director | — | 1995-04-05 |
| HUNT, Keith | Director | — | 1995-04-05 |
| KEMP, Terence George | Director | 1995-04-01 | 1999-12-31 |
| KNOX, Brian Lindsay | Director | — | 1995-04-05 |
| LATHAM, Christopher George Arnot | Director | — | 1993-02-18 |
| LATHAM, David Russell | Director | 1993-02-18 | 1995-04-05 |
| LATHAM, James Miles | Director | 1995-04-01 | 2000-07-31 |
| LATHAM, Nicholas Charles | Director | 2005-01-01 | 2022-05-04 |
| LATHAM, Paul William Christopher | Director | 2007-04-02 | 2016-03-31 |
| LATHAM, Peter Douglas Langdon | Director | 2000-03-13 | 2015-12-31 |
| LATHAM, Roger John | Director | — | 2006-12-15 |
| MARTIN, Roderick Stanley | Director | 1995-04-01 | 2000-07-31 |
| MAY, John | Director | 1999-07-01 | 2015-06-17 |
| SUTTON, Christopher David | Director | 1997-10-01 | 2019-03-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| James Latham Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 175 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-13 | AA | accounts | Accounts with accounts type full | |
| 2025-09-22 | CH01 | officers | Change person director company with change date | |
| 2025-08-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-02 | CH01 | officers | Change person director company with change date | |
| 2024-10-04 | AA | accounts | Accounts with accounts type full | |
| 2024-08-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-14 | AA | accounts | Accounts with accounts type full | |
| 2023-11-03 | CH01 | officers | Change person director company with change date | |
| 2023-08-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-05 | AA | accounts | Accounts with accounts type full | |
| 2022-09-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-08-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-04 | TM01 | officers | Termination director company with name termination date | |
| 2022-05-04 | TM01 | officers | Termination director company with name termination date | |
| 2021-11-12 | AA | accounts | Accounts with accounts type full | |
| 2021-08-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-01 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-0.4%
£355,610,000 £354,102,000
-
Cash
-5.7%
£72,453,000 £68,309,000
-
Net assets
+4.3%
£195,173,000 £203,652,000
-
Employees
+3.9%
519 539
-
Operating profit
-11.5%
£26,175,000 £23,175,000
-
Profit before tax
-10.5%
£29,799,000 £26,656,000
-
Wages
+5.5%
£20,296,000 £21,405,000
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