EURO COMMERCIALS LIMITED
Get an alert when EURO COMMERCIALS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-03 (in 8mo)
Last made up 2025-12-20
Watchouts
Cash
£3M
+35.8% highest in 3 filed years
Net assets
£4M
-7.8% vs 2023
Employees
214
+24.4% highest in 3 filed years
Profit before tax
£1M
+19.3% highest in 3 filed years
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.
Name history
Renamed 2 times since incorporation — the current trading name was adopted 2025-10-01
- EURO COMMERCIALS LIMITED 2025-10-01 → present
- EURO COMMERCIALS (SOUTH WALES) LIMITED 1980-12-31 → 2025-10-01
- MOTESALES LIMITED 1979-11-05 → 1980-12-31
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | £49,096,100 | — | — | £73,913,991 | £98,604,294 | |
| Operating profit | — | — | £351,437 | — | — | £997,399 | £1,411,155 | |
| Profit before tax | — | — | £207,919 | — | — | £874,780 | £1,043,998 | |
| Net profit | — | — | £184,096 | — | — | £645,944 | £879,917 | |
| Cash | — | — | £333,397 | — | — | £2,340,216 | £3,177,974 | |
| Total assets less current liabilities | — | — | £2,158,068 | — | — | £6,016,425 | £7,343,039 | |
| Net assets | — | — | £1,914,448 | — | — | £4,282,442 | £3,949,031 | |
| Equity | £1,504,697 | £1,730,352 | £1,914,448 | £2,502,493 | £3,636,498 | £4,282,442 | £3,949,031 | |
| Average employees | — | — | 175 | — | — | 172 | 214 | |
| Wages | — | — | £5,071,999 | — | — | £6,379,233 | £8,419,083 |
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 | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | 0.7% | — | — | 1.3% | 1.4% | |
| Net margin | — | — | 0.4% | — | — | 0.9% | 0.9% | |
| Return on capital employed | — | — | 16.3% | — | — | 16.6% | 19.2% | |
| Current ratio | — | — | — | — | — | 1.10x | 1.10x | |
| Interest cover | — | — | 2.45x | — | — | 8.13x | 3.84x |
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
- Menzies 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.”
Group structure
- EURO COMMERCIALS LIMITED · parent
- Neath Coachbuilders Limited 100%
Significant events
- “2024 has achieved total sales of £96m, being an increase of 30% against 2023. This has produced a trading profit of £797k, being an ROS of .83%. The Board are pleased with this financial performance and are proud that this has been achieved in a challenging economic climate whilst making significant investment into the future successes of the business.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HANNAH, Paul George | Secretary | 1993-09-06 | — | British |
| CARNE, Jeffrey | Director | 2008-01-01 | Sep 1969 | British |
| HOLE, Andrew Gavin | Director | 2015-04-01 | Jun 1978 | British |
| KIDD, Barry | Director | 2018-01-03 | Oct 1966 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SALWAY, David | Secretary | — | 1993-09-06 |
| ANTHONY, Christopher James | Director | 2003-11-01 | 2014-11-30 |
| DUNN, John Whitelaw | Director | 1993-08-02 | 1998-02-06 |
| EDWARDS, Gareth Owen | Director | — | 2024-04-19 |
| EVANS, Michael Neil | Director | 2015-04-01 | 2015-12-31 |
| HOWELLS, Nigel | Director | 2003-11-01 | 2005-04-08 |
| HUGHES, Terence James | Director | — | 2005-10-01 |
| HUMPHREYS, Leighton | Director | 2006-01-01 | 2006-10-20 |
| MANCHIP, Robert George | Director | — | 2006-09-25 |
| MULLIGAN, James | Director | 2018-01-03 | 2019-08-23 |
| SALWAY, David | Director | — | 2024-04-19 |
| WILLIAMS, Cyril | Director | — | 1999-11-30 |
| WILLIAMS, David Nicholas Owen | Director | — | 2022-04-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Euro Commercials Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-10-09 | Active |
| Mr Sean Fitzgerald Allison | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-09-12 | Ceased 2024-10-09 |
| Mr Paul George Hannah | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-09-12 | Ceased 2024-10-09 |
| Mr Simon Roger Kirkup | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-09-12 | Ceased 2024-10-09 |
| Mr David Nicholas Owen Williams | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-09-28 | Ceased 2023-09-12 |
| Mr David Nicholas Owen Williams | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-09-28 | Ceased 2023-09-12 |
Filing timeline
Last 20 of 172 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-01 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-01 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-09-30 | AA | accounts | Accounts with accounts type group | |
| 2025-01-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-21 | SH08 | capital | Capital name of class of shares | |
| 2024-10-20 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-10-14 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-10-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-10-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-10-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-04-30 | SH03 | capital | Capital return purchase own shares | |
| 2024-04-29 | SH06 | capital | Capital cancellation shares | |
| 2024-04-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-04-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-12-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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
+33.4%
£73,913,991 £98,604,294
highest in 3 filed years
-
Cash
+35.8%
£2,340,216 £3,177,974
highest in 3 filed years
-
Net assets
-7.8%
£4,282,442 £3,949,031
-
Employees
+24.4%
172 214
highest in 3 filed years
-
Operating profit
+41.5%
£997,399 £1,411,155
highest in 3 filed years
-
Profit before tax
+19.3%
£874,780 £1,043,998
highest in 3 filed years
-
Wages
+32%
£6,379,233 £8,419,083
highest in 3 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