H.B. PANELCRAFT LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-15 (this month)
Last made up 2025-05-01
Watchouts
Cash
£11M
+33.2% highest in 5 filed years
Net assets
£13M
+17.4% highest in 4 filed years
Employees
86
-1.1% vs 2023
Profit before tax
£3M
+10.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
8-year trend · vs Consumer Discretionary median
Accounts
8-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-30 | 2019-12-31 | 2020-12-30 | 2020-12-31 | 2021-12-30 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | £12,271,386 | £12,375,888 | |
| Operating profit | — | — | — | — | — | — | £2,277,311 | £2,414,042 | |
| Profit before tax | — | — | — | — | — | — | £2,529,179 | £2,801,612 | |
| Net profit | — | £761,959 | — | £790,217 | — | — | £1,911,790 | £2,091,228 | |
| Cash | — | £7,348,264 | — | £4,293,236 | — | £5,912,522 | £8,464,492 | £11,270,982 | |
| Total assets less current liabilities | — | £8,983,919 | — | £5,163,701 | — | — | £11,133,429 | £13,055,647 | |
| Net assets | — | £8,981,507 | — | £5,163,701 | — | — | £11,074,572 | £13,005,800 | |
| Equity | £8,981,507 | — | £5,163,701 | £5,163,701 | £6,021,982 | £8,582,688 | £11,074,572 | £13,005,800 | |
| Average employees | — | 74 | — | 66 | — | — | 87 | 86 | |
| Wages | — | £1,901,571 | — | £1,774,132 | — | — | £2,809,128 | £2,924,782 |
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 | 2019-12-30 | 2019-12-31 | 2020-12-30 | 2020-12-31 | 2021-12-30 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | 18.6% | 19.5% | |
| Net margin | — | — | — | — | — | — | 15.6% | 16.9% | |
| Return on capital employed | — | — | — | — | — | — | 20.5% | 18.5% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | — | 12.6% | 11.2% | |
| Current ratio | — | — | — | — | — | — | 7.31x | 8.34x | |
| Interest cover | — | — | — | — | — | — | 535.08x | 386.37x |
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
- Mayes Business Partnership Ltd
- 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 group's and parent 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
- H.B. PANELCRAFT LIMITED · parent
- Fosters Commercials Limited 75%
- Wellfield Business Park Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HARWOOD, Gary Martin | Director | 2004-04-06 | Jan 1971 | British |
| HARWOOD, Paul Andrew, M | Director | 2004-04-06 | Jul 1965 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HARWOOD, Freda Dorothy | Secretary | — | 2012-09-24 |
| HARWOOD, David John | Director | 2004-04-06 | 2020-03-10 |
| HARWOOD, James Adam | Director | — | 2012-09-24 |
| HARWOOD, Neil Andrew | Director | 2004-04-06 | 2020-03-10 |
| HARWOOD, Peter Thomas | Director | — | 2012-09-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hbp (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-03-06 | Active |
| Athol Street Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-01-12 | Ceased 2026-03-06 |
| Mr Paul Andrew Harwood | Individual | Shares 25–50%, Voting 25–50% | 2020-03-10 | Ceased 2026-01-12 |
| Mr Gary Martin Harwood | Individual | Shares 25–50%, Voting 25–50% | 2020-03-10 | Ceased 2026-01-12 |
Filing timeline
Last 20 of 144 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-09 MA Memorandum articles
- 2026-01-09 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-10 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-03-10 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-01-14 | SH02 | capital | Capital alter shares subdivision | |
| 2026-01-13 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-01-13 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-01-13 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-01-09 | SH10 | capital | Capital variation of rights attached to shares | |
| 2026-01-09 | MA | incorporation | Memorandum articles | |
| 2026-01-09 | RESOLUTIONS | resolution | Resolution | |
| 2025-08-26 | AA | accounts | Accounts with accounts type group | |
| 2025-07-11 | CH01 | officers | Change person director company with change date | |
| 2025-07-10 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-07-10 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-06-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-04 | AA | accounts | Accounts with accounts type group | |
| 2024-05-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-13 | AA | accounts | Accounts with accounts type group | |
| 2023-05-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-12-22 | AA01 | accounts | Change account reference date company current extended | |
| 2022-09-28 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 0
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
+0.9%
£12,271,386 £12,375,888
-
Cash
+33.2%
£8,464,492 £11,270,982
highest in 5 filed years
-
Net assets
+17.4%
£11,074,572 £13,005,800
highest in 4 filed years
-
Employees
-1.1%
87 86
-
Operating profit
+6%
£2,277,311 £2,414,042
-
Profit before tax
+10.8%
£2,529,179 £2,801,612
-
Wages
+4.1%
£2,809,128 £2,924,782
highest in 4 filed years
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