DONALD WARD LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-01-02 (in 8mo)
Last made up 2025-12-19
Watchouts
Cash
£167K
-56.3% vs 2024
Net assets
£45M
+4.6% vs 2024
Employees
392
-2% vs 2024
Profit before tax
£3M
+44.6% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC 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 | £240,856,262 | £235,707,793 | |
| Operating profit | £4,465,085 | £5,767,856 | |
| Profit before tax | £1,845,132 | £2,668,566 | |
| Net profit | £890,731 | £1,974,501 | |
| Cash | £383,038 | £167,308 | |
| Total assets less current liabilities | £58,265,023 | £60,280,726 | |
| Net assets | £43,071,401 | £45,045,902 | |
| Equity | £43,071,401 | £45,045,902 | |
| Average employees | 400 | 392 | |
| Wages | £16,755,182 | £16,959,045 |
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 | 1.9% | 2.4% | |
| Net margin | 0.4% | 0.8% | |
| Return on capital employed | 7.7% | 9.6% | |
| Current ratio | 1.32x | 1.34x | |
| Interest cover | 1.62x | 1.83x |
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
- Cooper Parry Group 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 twelve months from when the financial statements are authorised for issue.”
Significant events
- “During the 2025 financial year, the Company traded from sites in Ilkeston, Swadlincote, Chesterfield, York, Burton-on-Trent and Cardiff. The Immingham and Barking sites were closed during the year as part of an ongoing programme to consolidate operations.”
- “During the period and up to the date of this report, the company maintained liability insurance and third-party indemnification provisions for its directors, under which the company has agreed to indemnify the directors to the extent permitted by law in respect of all liabilities to third parties arising out of, or in connection with, the execution of their powers, duties and responsibilities as directors or the company.”
- “At 31 March 2025, the company had entered into contracts for the forward sale of US Dollars for the contracted value of £23,066,270 (2024: £28,884,311). The contracts relate to specific customer sales contracts where the settlement currency is US dollars. The contracts mature between the months of April and September 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WARD, Janet | Secretary | — | — | British |
| BALFOUR, James Jonathan | Director | 2002-12-01 | Oct 1969 | British |
| POTTER, Toby | Director | 2007-02-05 | Apr 1975 | British |
| WARD, David Alexander | Director | 2019-12-11 | Mar 1983 | British |
| WARD, Donald Charles | Director | 2019-12-11 | Aug 1980 | British |
| WARD, Janet | Director | — | Apr 1937 | British |
| WARD, Siwan Adele | Director | 2020-03-11 | Oct 1987 | British |
| WARD, Thomas | Director | 2019-12-11 | Sep 1987 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BELL, Dennis Michael | Director | 2002-12-01 | 2021-09-23 |
| RICHARDS, Malcolm Earl | Director | 2013-06-08 | 2026-03-02 |
| WARD, David | Director | — | 2022-12-01 |
| WARD, Donald | Director | — | 2004-09-14 |
| WARD, Michael | Director | — | 2022-12-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ward Group Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-03-31 | Active |
| Ward Real Estate Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-11-28 | Ceased 2026-03-31 |
| Mr Michael Ward | Individual | Shares 25–50% | 2016-04-06 | Ceased 2019-11-28 |
| Mr David Ward | Individual | Shares 25–50% | 2016-04-06 | Ceased 2019-11-28 |
Filing timeline
Last 20 of 180 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-02 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-04-02 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-03-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-03-11 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-22 | AA | accounts | Accounts with accounts type full | |
| 2024-12-27 | AA | accounts | Accounts with accounts type full | |
| 2024-12-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-01-13 | AA | accounts | Accounts with accounts type full | |
| 2023-12-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-09 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-04-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-04-04 | CH01 | officers | Change person director company with change date | |
| 2023-04-04 | CH01 | officers | Change person director company with change date | |
| 2023-04-04 | CH01 | officers | Change person director company with change date | |
| 2023-04-04 | CH01 | officers | Change person director company with change date | |
| 2023-04-04 | CH03 | officers | Change person secretary company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- 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
-2.1%
£240,856,262 £235,707,793
-
Cash
-56.3%
£383,038 £167,308
-
Net assets
+4.6%
£43,071,401 £45,045,902
-
Employees
-2%
400 392
-
Operating profit
+29.2%
£4,465,085 £5,767,856
-
Profit before tax
+44.6%
£1,845,132 £2,668,566
-
Wages
+1.2%
£16,755,182 £16,959,045
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