FOSTER & FREEMAN LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-17 (in 6mo)
Last made up 2025-11-03
Watchouts
None on the register
Cash
£5M
-21.2% vs 2023
Net assets
£27M
+22.5% vs 2023
Employees
145
+0.7% vs 2023
Profit before tax
£6M
+20.5% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £25,653,659 | £26,043,683 | |
| Operating profit | £4,470,712 | £5,459,134 | |
| Profit before tax | £4,614,465 | £5,560,796 | |
| Net profit | £4,091,374 | £4,918,970 | |
| Cash | £6,315,735 | £4,978,788 | |
| Total assets less current liabilities | £22,067,139 | £26,978,058 | |
| Net assets | £21,875,217 | £26,794,187 | |
| Equity | £21,875,217 | £26,794,187 | |
| Average employees | 144 | 145 | |
| Wages | £6,445,390 | £6,087,987 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 17.4% | 21.0% | |
| Net margin | 15.9% | 18.9% | |
| Return on capital employed | 20.3% | 20.2% | |
| Gearing (liabilities / total assets) | 26.2% | 11.2% | |
| Current ratio | 6.15x | 9.01x |
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
- 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. These financial statements have been prepared on the going concern basis. The directors, after careful and due consideration, believe that the company has sufficient cash resources available to it to ensure that it will be able to meet its debts as they fall due for the foreseeable future, including any realistically foreseeable effects of the ongoing geopolitical and economic situation.”
Group structure
- FOSTER & FREEMAN LIMITED · parent
- Foster & Freeman USA, Inc. 100%
- Foster & Freeman Europe GmbH 100%
- Foster & Freeman Netherlands BV 100%
Significant events
- “2024 was another mixed year for the company, with progress in some areas of the world offset by weakness elsewhere. Despite the ongoing challenge of reduced government budgets, we still achieved modest overall progress in terms of both revenue and operating profit. We continued to expand and enhance our product range during the year, with the highlight being the hugely upgraded VSC9000... The year also saw the completion of the FFLEX fuming cabinet range with the launch of the Large variant... 2025 will see the launch of the VSC9000's smaller sibling the VSC90, along with other additions to the range.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ORTON, Rex Alastair | Secretary | 2021-04-27 | — | — |
| DARTNELL, Robert Andrew | Director | 2000-09-04 | Sep 1963 | British |
| ORTON, Rex Alastair | Director | 2020-02-25 | Nov 1965 | British |
| WILD, Philip Ian | Director | 2025-07-01 | Dec 1969 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DARTNELL, Robert | Secretary | 2000-09-04 | 2021-04-27 |
| FREEMAN, Robert Michael | Secretary | — | 1996-07-08 |
| DUELL, Elzbieta Wiktoria | Director | 2019-08-22 | 2020-02-25 |
| FOSTER, Douglas James | Director | 2011-01-01 | 2019-02-25 |
| FOSTER, Douglas James | Director | — | 1996-07-08 |
| FREEMAN, Michael John | Director | — | 2019-08-09 |
| FREEMAN, Robert Michael | Director | 2011-01-01 | 2019-08-09 |
| FREEMAN, Robert Michael | Director | — | 1996-07-08 |
| KING, Simon Charles | Director | 2022-02-15 | 2024-07-31 |
| WARNOCK, Alexander | Director | 2020-07-06 | 2025-07-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Galton Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-08-09 | Active |
| Mr Douglas James Foster | Individual | Significant influence | 2016-04-06 | Ceased 2019-08-09 |
| Mr Robert Michael Freeman | Individual | Significant influence | 2016-04-06 | Ceased 2019-08-09 |
Filing timeline
Last 20 of 129 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-09 | AA | accounts | Accounts with accounts type full | |
| 2025-07-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-14 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-17 | MR05 | mortgage | Mortgage charge part both with charge number | |
| 2025-01-13 | RP04TM01 | officers | Second filing of director termination with name | |
| 2024-12-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-11-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-11 | AA | accounts | Accounts with accounts type full | |
| 2024-01-15 | CH01 | officers | Change person director company with change date | |
| 2023-12-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-10 | AA | accounts | Accounts with accounts type full | |
| 2023-01-23 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-12-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-30 | AA | accounts | Accounts with accounts type full | |
| 2022-02-15 | AP01 | officers | Appoint person director company with name date | |
| 2021-12-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-02 | CH01 | officers | Change person director company with change date | |
| 2021-07-02 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+1.5%
£25,653,659 £26,043,683
-
Cash
-21.2%
£6,315,735 £4,978,788
-
Net assets
+22.5%
£21,875,217 £26,794,187
-
Employees
+0.7%
144 145
-
Operating profit
+22.1%
£4,470,712 £5,459,134
-
Profit before tax
+20.5%
£4,614,465 £5,560,796
-
Wages
-5.5%
£6,445,390 £6,087,987
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