PARTSERVICE LIMITED
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Next accounts due
2026-07-31 (in 2mo)
Last filed for 2024-10-31
Confirmation statement due
2027-02-23 (in 9mo)
Last made up 2026-02-09
Watchouts
None on the register
Cash
£5M
+29% highest in 5 filed years
Net assets
£7M
+13.6% highest in 5 filed years
Employees
96
+10.3% highest in 5 filed years
Profit before tax
£1M
-3.8% vs 2023
Name history
Renamed 1 time since incorporation
- PARTSERVICE LIMITED 1982-10-05 → present
- MARLEY HEAD SAWMILLS LIMITED 1981-09-08 → 1982-10-05
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · latest reflected 2024-10-31
| Metric | Trend | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £10,960,910 | £11,598,124 | |
| Operating profit | — | — | — | £1,409,679 | £1,301,135 | |
| Profit before tax | — | — | — | £1,446,226 | £1,391,579 | |
| Net profit | — | — | — | £1,118,348 | £1,029,630 | |
| Cash | £1,771,381 | £2,487,643 | £3,217,313 | £4,130,214 | £5,326,584 | |
| Total assets less current liabilities | £3,166,526 | £3,898,592 | £4,760,069 | £6,568,090 | £7,462,720 | |
| Net assets | £3,007,479 | £3,840,387 | £4,696,643 | £6,447,664 | £7,327,294 | |
| Equity | — | — | — | £6,447,664 | £7,327,294 | |
| Average employees | 86 | 81 | 80 | 87 | 96 | |
| Wages | — | — | — | £1,953,951 | £2,292,998 |
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 | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 12.9% | 11.2% | |
| Net margin | — | — | — | 10.2% | 8.9% | |
| Return on capital employed | — | — | — | 21.5% | 17.4% | |
| Gearing (liabilities / total assets) | — | — | — | 19.5% | 18.8% | |
| Current ratio | — | — | — | 4.89x | 5.14x |
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
- Auditor
- Thompson Jenner LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's 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 original financial statements were authorised for issue.”
Significant events
- “The directors are pleased with the growth of the company. The growth over the last few years is a result of expansion, investment and close monitoring of costs and allocation of resources.”
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 |
|---|---|---|---|---|
| GRINSTED, Bruce Raymond | Director | — | Oct 1946 | British |
| GRINSTED, Stephen Bruce | Director | 1998-02-16 | Feb 1968 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GRINSTED, Susan Elizabeth | Secretary | — | 2018-08-09 |
| GRINSTEAD, Sean Andrew | Director | 1998-02-16 | 1998-10-31 |
| GRINSTED, Susan Elizabeth | Director | — | 1996-10-21 |
| MEDWAY, Heather Evelyn | Director | — | 2001-07-12 |
| ROBERTS, Stephen | Director | 1998-02-16 | 2025-09-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bruce Raymond Grinsted | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 107 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-16 | CH01 | officers | Change person director company with change date | |
| 2025-09-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-29 | AA | accounts | Accounts with accounts type full | |
| 2025-02-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-30 | AA | accounts | Accounts with accounts type full | |
| 2024-02-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-08-03 | AA | accounts | Accounts with accounts type full | |
| 2023-02-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-07-27 | AA | accounts | Accounts with accounts type small | |
| 2022-02-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-02-15 | CH01 | officers | Change person director company with change date | |
| 2021-07-16 | AA | accounts | Accounts with accounts type small | |
| 2021-02-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-02-22 | CH01 | officers | Change person director company with change date | |
| 2020-07-31 | AA | accounts | Accounts with accounts type small | |
| 2020-02-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-02-06 | CH01 | officers | Change person director company with change date | |
| 2019-07-24 | AA | accounts | Accounts with accounts type small | |
| 2019-02-14 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- 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 2024-10-31 vs 2023-10-31
-
Turnover
+5.8%
£10,960,910 £11,598,124
-
Cash
+29%
£4,130,214 £5,326,584
highest in 5 filed years
-
Net assets
+13.6%
£6,447,664 £7,327,294
highest in 5 filed years
-
Employees
+10.3%
87 96
highest in 5 filed years
-
Operating profit
-7.7%
£1,409,679 £1,301,135
-
Profit before tax
-3.8%
£1,446,226 £1,391,579
-
Wages
+17.4%
£1,953,951 £2,292,998
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