WELCH'S GROUP HOLDINGS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-18 (in 11mo)
Last made up 2026-04-04
Watchouts
None on the register
Cash
£2M
-43.7% vs 2023
Net assets
£19M
+1.7% highest in 6 filed years
Employees
153
+2.7% highest in 6 filed years
Profit before tax
£473K
-59.6% vs 2023
Net assets
10-year trend · vs Industrials median
Accounts
10-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | — | £15,717,999 | £16,123,325 | |
| Operating profit | — | — | — | — | — | — | — | — | £1,123,388 | £380,741 | |
| Profit before tax | — | — | — | — | — | — | — | — | £1,172,674 | £473,389 | |
| Net profit | -£164,922 | — | £491,817 | — | £36,039 | — | £588,298 | — | £830,625 | £326,962 | |
| Cash | £1,271,074 | — | £3,244,224 | — | £3,216,565 | — | £2,835,993 | — | £2,668,193 | £1,501,768 | |
| Total assets less current liabilities | £17,587,438 | — | £18,009,489 | — | £18,137,523 | — | £18,351,445 | — | £20,752,013 | £21,230,500 | |
| Net assets | — | — | — | — | £15,186,814 | — | £15,769,112 | — | £18,545,336 | £18,866,298 | |
| Equity | £14,664,958 | £14,664,958 | £15,156,775 | £15,156,775 | £15,186,814 | £15,186,814 | £15,769,112 | £15,769,112 | £18,545,336 | £18,866,298 | |
| Average employees | 3 | — | 3 | — | 3 | — | 3 | — | 149 | 153 | |
| Wages | — | — | — | — | — | — | — | — | £5,596,891 | £6,016,666 |
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 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | 7.1% | 2.4% | |
| Net margin | — | — | — | — | — | — | — | — | 5.3% | 2.0% | |
| Return on capital employed | — | — | — | — | — | — | — | — | 5.4% | 1.8% | |
| Current ratio | — | — | — | — | — | — | — | — | 3.02x | 2.91x | |
| Interest cover | — | — | — | — | — | — | — | — | 42.56x | 1566.84x |
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
- Peters Elworthy & Moore
- 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 or the 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
- WELCH'S GROUP HOLDINGS LIMITED · parent
- Welch's Transport Limited 100%
- JPS Installs Limited 65%
- Welch Group Garages Limited 100%
- Welch's Crane Hire Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WELCH, James Neville | Secretary | 2000-08-01 | — | British |
| WELCH, Antony Gordon | Director | — | Jun 1960 | British |
| WELCH, James Neville | Director | — | Apr 1959 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WELCH, Roger Neville | Secretary | — | 2000-08-01 |
| WELCH, Christopher Neville | Director | 2017-04-06 | 2017-04-06 |
| WELCH, Gordon Nevil | Director | — | 2004-04-17 |
| WELCH, Roger Neville | Director | — | 2024-04-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Roger Neville Welch | Individual | Shares 25–50%, Voting 25–50% | 2018-04-06 | Ceased 2024-04-05 |
| Mr Antony Gordon Welch | Individual | Voting 25–50% | 2018-04-06 | Active |
| Mr James Neville Welch | Individual | Voting 25–50% | 2017-01-01 | Active |
Filing timeline
Last 20 of 128 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-20 | SH08 | capital | Capital name of class of shares | |
| 2025-11-17 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-11-17 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-08-05 | AA | accounts | Accounts with accounts type group | |
| 2025-04-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-07 | CH01 | officers | Change person director company with change date | |
| 2024-11-06 | CH01 | officers | Change person director company with change date | |
| 2024-10-20 | CH01 | officers | Change person director company with change date | |
| 2024-10-17 | CH03 | officers | Change person secretary company with change date | |
| 2024-10-17 | CH03 | officers | Change person secretary company with change date | |
| 2024-08-06 | AA | accounts | Accounts with accounts type group | |
| 2024-04-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-05 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-04-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-19 | AA | accounts | Accounts with accounts type group | |
| 2023-04-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-26 | AA | accounts | Accounts with accounts type group | |
| 2022-04-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-02 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 1
- 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
+2.6%
£15,717,999 £16,123,325
-
Cash
-43.7%
£2,668,193 £1,501,768
-
Net assets
+1.7%
£18,545,336 £18,866,298
highest in 4 filed years
-
Employees
+2.7%
149 153
highest in 6 filed years
-
Operating profit
-66.1%
£1,123,388 £380,741
-
Profit before tax
-59.6%
£1,172,674 £473,389
-
Wages
+7.5%
£5,596,891 £6,016,666
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