WETHERBY STONE PRODUCTS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-14 (in 2mo)
Last made up 2025-06-30
Watchouts
Cash
£5M
+47.7% highest in 6 filed years
Net assets
£8M
+32.6% highest in 6 filed years
Employees
49
+14% highest in 6 filed years
Profit before tax
£3M
+21.4% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £13,807,075 | £15,755,859 | |
| Operating profit | — | — | — | — | £2,378,370 | £2,767,039 | |
| Profit before tax | — | — | — | — | £2,710,939 | £3,291,653 | |
| Net profit | — | — | — | — | £2,172,452 | £2,572,464 | |
| Cash | £1,120,760 | £2,146,847 | £1,983,120 | £1,941,464 | £3,638,109 | £5,373,978 | |
| Total assets less current liabilities | £2,876,906 | £3,284,320 | £4,196,243 | £4,535,750 | £6,516,866 | £8,448,376 | |
| Net assets | £2,298,898 | £2,904,184 | £3,777,099 | £4,174,736 | £6,199,841 | £8,222,388 | |
| Equity | £2,298,898 | £2,904,184 | £3,777,099 | £4,174,736 | £6,199,841 | £8,222,388 | |
| Average employees | 28 | 29 | 33 | 35 | 43 | 49 | |
| Wages | — | — | — | — | £1,411,289 | £1,781,872 |
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 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 17.2% | 17.6% | |
| Net margin | — | — | — | — | 15.7% | 16.3% | |
| Return on capital employed | — | — | — | — | 36.5% | 32.8% | |
| Gearing (liabilities / total assets) | — | — | — | — | 25.9% | 25.5% | |
| Current ratio | — | — | — | — | 3.77x | 3.73x | |
| Interest cover | — | — | — | — | 228.08x | 412.38x |
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
- Clive Owen 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
- WETHERBY STONE PRODUCTS LIMITED · parent
- La Roc Building Solutions Limited 51%
Significant events
- “The company maintained its growth momentum in 2024 through strategic planning and further investments across the group, resulting in a growth in turnover and significant product volume growth compared to the previous year. This upward trajectory reflects our commitment to investing in both staff and infrastructure to support our ongoing journey to continue to take market share.”
- “This strong performance further strengthened the balance sheet, with net assets now at £8.2m. The company is now well placed for further significant capital investment from cash reserves and will continue to operate without any external debt. Planned capital investment will include additional plant and machinery, as well as development of new and innovative products to bring to market and further building construction.”
- “Our future development strategy is a comprehensive approach that integrates brand enhancement, market expansion, technological innovation, and a strong commitment to our workforce. We are excited about the opportunities that lie ahead, including our continued investments in property activities, and we are dedicated to achieving sustainable growth and success in the years to come.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SOWERBY, Christopher Francis | Secretary | 2022-10-06 | — | — |
| CHALMERS, Alexander John | Director | 2010-10-15 | Jul 1980 | British |
| CIBOROWSKI, Piotr | Director | 2026-02-02 | Dec 1970 | Polish |
| KLOEBBE, Florian | Director | 2026-02-02 | May 1983 | German |
| RAGHAVAN, Tarakeshwar, Mr. | Director | 2026-02-02 | Aug 1963 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOOTH, Christopher | Secretary | 2004-07-14 | 2006-04-30 |
| CHALMERS, Alexander John | Secretary | 2015-06-01 | 2022-10-06 |
| CHALMERS, Iain Robert John | Secretary | 2006-04-30 | 2008-11-03 |
| JEMISON, Susan Elaine | Secretary | 2008-11-03 | 2015-05-30 |
| LAUNDER, Gary Dennis | Secretary | — | 2004-07-13 |
| BOOTH, Christopher | Director | 2004-07-14 | 2006-04-30 |
| CHALMERS, Andrew Sinclair John | Director | 2022-07-07 | 2026-02-02 |
| CHALMERS, Iain Robert John | Director | 1995-11-01 | 2026-02-02 |
| CHALMERS, John Keith | Director | — | 2026-02-02 |
| LAUNDER, Gary Dennis | Director | — | 2004-07-13 |
| RAWSTHORNE, Andrew | Director | 2021-06-01 | 2026-02-02 |
| ROBINSON, Keith | Director | — | 2001-04-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Henkel Bidco Ltd. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-02-02 | Active |
| Mr Alex John Chalmers | Individual | Shares 25–50% | 2016-06-30 | Ceased 2019-07-08 |
| Mr Alexander John Chalmers | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2026-02-02 |
| Wetherby Group Of Companies Limited | Corporate entity | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 151 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-09 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-02-09 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-02-09 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-09 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-09 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-09 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-09 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-09 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-13 | AA | accounts | Accounts with accounts type full | |
| 2025-06-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-02 | AA | accounts | Accounts with accounts type full | |
| 2024-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-29 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-06-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-12-16 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-10-06 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-10-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-07-20 | SH08 | capital | Capital name of class of shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 4
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
+14.1%
£13,807,075 £15,755,859
-
Cash
+47.7%
£3,638,109 £5,373,978
highest in 6 filed years
-
Net assets
+32.6%
£6,199,841 £8,222,388
highest in 6 filed years
-
Employees
+14%
43 49
highest in 6 filed years
-
Operating profit
+16.3%
£2,378,370 £2,767,039
-
Profit before tax
+21.4%
£2,710,939 £3,291,653
-
Wages
+26.3%
£1,411,289 £1,781,872
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