NISBETS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-16 (in 2mo)
Last made up 2025-07-02
Watchouts
Cash
£21M
+79.5% vs 2023
Net assets
£132M
-1.1% vs 2023
Employees
1,345
-5.7% vs 2023
Profit before tax
£646K
-96% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 2 times since incorporation
- NISBETS LIMITED 2023-07-06 → present
- NISBETS PLC 2000-07-14 → 2023-07-06
- ANDREW NISBET & CO. LIMITED 1983-01-21 → 2000-07-14
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £358,028,000 | £345,495,000 | |
| Operating profit | £15,994,000 | -£212,000 | |
| Profit before tax | £16,126,000 | £646,000 | |
| Net profit | £11,822,000 | -£2,120,000 | |
| Cash | £11,584,000 | £20,789,000 | |
| Total assets less current liabilities | £136,516,000 | £137,294,000 | |
| Net assets | £133,531,000 | £132,004,000 | |
| Equity | £133,531,000 | £132,004,000 | |
| Average employees | 1,426 | 1,345 | |
| Wages | £43,334,000 | £43,519,000 |
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 | 4.5% | -0.1% | |
| Net margin | 3.3% | -0.6% | |
| Return on capital employed | 11.7% | -0.2% | |
| Current ratio | 1.79x | 1.58x | |
| Interest cover | 8.30x | -1.24x |
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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the Company's forecasts, the Directors have adopted the going concern basis in preparing the Financial Statements. The Directors have made this assessment after consideration of the Company's cash flows and related assumptions for a period up to at least 12 months from the date of signing.”
Group structure
- NISBETS LIMITED · parent
- Nisbets Europe BV 100%
- Nisbets France SARL 100%
- Nisbets Iberica SL 100%
- Nisbets Deutschland GmbH 100%
- Nisbets Asia Limited 100%
- Nisbets Australia Pty Limited 75%
- Nisbets New Zealand Limited 75%
- Nisbets Inc. 100%
- Red Ribbon Trading Limited 100%
- Red Ribbon Trading (Shenzhen) Co. Ltd 100%
- Nisbets India Private Limited 99.9%
- Space Catering (UK) Limited 100%
- Plyanemca Limited 100%
- Rowlett Rutland Limited 100%
- UK Catering and Refrigeration Engineers Ltd 100%
- Raynicot Limited 100%
- Beaumont TM Limited 100%
- Jongor (Holdings) Ltd 100%
- Jongor Trading Ltd 100%
- Jongor Limited 100%
- XOF Capital Ltd 100%
- Host Online Ltd 100%
Significant events
- “PBT has been impacted in the year by exceptional items being costs relating to the acquisition by the ultimate parent company, Bunzl plc, during the year.”
- “During the year Nisbets Limited incurred £6,713,000 (2023: £2,383,000) of acquisition costs relating to the acquisition by the ultimate parent company, Bunzl plc.”
- “During the year Nisbets Limited incurred £268,000 (2023: £3,014,000) of exceptional employee and property related restructuring costs. These mainly relate to redundancy and lease exit costs.”
- “On 23 May 2024 the company acquired the remaining 49% of the share capital of Jongor Holdings Ltd for £13,279,000.”
- “On 23 May 2024 the company acquired the remaining 5% of the share capital of Space Catering (UK) Limited for £936,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 25 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRINKWORTH-BELL, Laura Michelle | Secretary | 2024-05-23 | — | — |
| CROMWELL, Richard James | Director | 2002-01-18 | Apr 1963 | British |
| HILL, Laurence Walter | Director | 2024-05-23 | Oct 1980 | British |
| NISBET, Andrew | Director | — | Aug 1960 | British |
| STOKES, Dale David | Director | 2024-05-23 | Aug 1978 | British |
| WALSHAM, Andrew Stuart | Director | 2021-12-13 | Aug 1964 | British |
Show 25 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CARR, Timothy James | Secretary | 2015-03-02 | 2018-04-27 |
| CHAN, Seng Boon | Secretary | 2020-06-01 | 2024-05-23 |
| NISBET, Andrew | Secretary | — | 2003-09-12 |
| PRITCHARD, Jamie | Secretary | 2003-09-12 | 2015-03-02 |
| CARR, Timothy James | Director | 2015-01-13 | 2018-04-27 |
| CROMWELL, Timothy John Frank | Director | — | 2010-03-05 |
| EVANS, Stephen John | Director | 2015-10-01 | 2018-07-31 |
| GOSS-CUSTARD, Rakhi Kishor | Director | 2022-11-02 | 2024-03-31 |
| GÖLDENBOT, Klaus Peter | Director | 2017-08-31 | 2020-04-30 |
| HUCKLE, Paul James | Director | 2015-10-01 | 2018-12-31 |
| KING, Lynn | Director | 2018-01-22 | 2022-12-31 |
| MACKENZIE, James Stuart | Director | 2022-10-01 | 2024-03-31 |
| MANGAN, James Andrew | Director | 2015-10-01 | 2018-12-31 |
| MARSHALL, Stephen Daniel | Director | 2018-12-03 | 2021-07-09 |
| MCMAHON, Paul | Director | 1998-04-27 | 2017-08-31 |
| NISBET, Anne Marie | Director | — | 2024-05-23 |
| O'MAHONY, Simon | Director | 2015-10-01 | 2019-01-31 |
| PRESTON, Deborah Jayne | Director | 2018-03-01 | 2021-12-31 |
| PRITCHARD, Jamie | Director | 2002-01-18 | 2015-03-02 |
| ROBSON, Steven Mark | Director | 2018-12-06 | 2021-01-08 |
| SEPHTON, Peter Charles | Director | 2017-07-01 | 2026-02-28 |
| SHEPPARD, Ian Brian Michael | Director | 2018-11-19 | 2020-09-30 |
| WAKEFORD, James Alexander | Director | 2020-01-01 | 2025-07-25 |
| WHITE, Robin John Anthony | Director | 2018-08-29 | 2024-08-14 |
| WOODHEAD, Nicola Lesley | Director | 2022-10-01 | 2024-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bunzl Uk Holdings Limited | Corporate entity | Shares 75–100% | 2024-05-23 | Active |
| Key West (Holdings) Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2024-05-23 |
Filing timeline
Last 20 of 267 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-07 | AA | accounts | Accounts with accounts type full | |
| 2025-07-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-22 | AA | accounts | Accounts with accounts type group | |
| 2024-08-14 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-31 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-05-31 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-05-31 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-05-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-31 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-05-31 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-31 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-10 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 2
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
-3.5%
£358,028,000 £345,495,000
-
Cash
+79.5%
£11,584,000 £20,789,000
-
Net assets
-1.1%
£133,531,000 £132,004,000
-
Employees
-5.7%
1,426 1,345
-
Operating profit
-101.3%
£15,994,000 -£212,000
-
Profit before tax
-96%
£16,126,000 £646,000
-
Wages
+0.4%
£43,334,000 £43,519,000
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