W.H. BENCE (COACHWORKS) LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-12-01 (in 7mo)
Last made up 2025-11-17
Watchouts
Cash
£766K
-59.3% vs 2024
Net assets
£2M
+16.1% highest in 4 filed years
Employees
125
-0.8% vs 2024
Profit before tax
£616K
+21.6% highest in 3 filed years
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 1 time since incorporation
- W.H. BENCE (COACHWORKS) LIMITED 1983-06-13 → present
- HERBDULCE LIMITED 1983-03-21 → 1983-06-13
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · latest reflected 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | £17,199,551 | £16,306,839 | £14,991,918 | |
| Operating profit | — | — | — | £511,120 | £611,943 | |
| Profit before tax | — | — | £36,454 | £506,561 | £616,080 | |
| Net profit | — | — | — | £376,755 | £585,053 | |
| Cash | £25,813 | £1,752,898 | — | £1,880,793 | £766,020 | |
| Total assets less current liabilities | £1,038,087 | £1,486,156 | — | £1,965,126 | £2,127,733 | |
| Net assets | £792,205 | £1,192,446 | — | £1,539,420 | £1,787,473 | |
| Equity | £792,205 | £1,192,446 | — | £1,539,420 | £1,787,473 | |
| Average employees | 82 | 81 | — | 126 | 125 | |
| Wages | — | — | — | £4,052,131 | £4,209,422 |
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 | 2020-03-31 | 2021-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 3.1% | 4.1% | |
| Net margin | — | — | — | 2.3% | 3.9% | |
| Return on capital employed | — | — | — | 26.0% | 28.8% | |
| Gearing (liabilities / total assets) | — | — | — | 81.2% | 75.2% | |
| Current ratio | — | — | — | 1.06x | 1.13x | |
| Interest cover | — | — | — | 34.72x | 123.00x |
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
- Grahame J Harbour Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, I 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 I have performed, I 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.”
Significant events
- “2024-2025 was another stable and strong year for WH Bence, continuing work in the medical field and expanding lung screening services across the UK.”
- “The company purchased a new factory facility which will house all Bence departments, leading to a business restructuring, expected to be online in 2027.”
- “The coming year is expected to be challenging due to government changes affecting manufacturing, increased overheads, and reduced national spending, prompting diversification of sales markets and a reduction in medical facilities.”
- “A new marketing strategy and sales promotion in Outside Broadcasting and Motor Racing is being prepared for 2025.”
- “The service department picked up 25 new customer contracts and upskilled its delivery team, expanding in process chiller and air conditioning as well as electrical capacity.”
- “The war in Ukraine has destabilised world markets, but the company has not experienced a direct impact, with the situation being monitored for business decisions.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROWN, Susan Forrest | Secretary | 2000-09-14 | — | British |
| BROWN, Edward Peter | Director | 2019-03-31 | Oct 1986 | British |
| BROWN, James Henry | Director | — | Jan 1952 | British |
| BROWN, Oliver John | Director | 2019-03-03 | Feb 1983 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROWN, James Henry | Secretary | — | 2000-09-14 |
| FEARN, Richard Maxwell | Director | — | 2013-02-28 |
| OWEN, Huw Griffith | Director | 2007-04-06 | 2009-06-30 |
| WORLOCK, Terence | Director | — | 1996-08-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bence Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-10-24 | Active |
| Mr James Henry Brown | Individual | Shares 50–75% | 2016-04-06 | Ceased 2024-10-24 |
Filing timeline
Last 20 of 148 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-11-02 RESOLUTIONS Resolution
- 2024-11-02 RESOLUTIONS Resolution
- 2024-11-02 MA Memorandum articles
- 2024-10-24 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-06 | AA | accounts | Accounts with accounts type full | |
| 2025-11-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-06 | AA | accounts | Accounts with accounts type full | |
| 2024-12-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-11-02 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-02 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-02 | MA | incorporation | Memorandum articles | |
| 2024-11-02 | SH08 | capital | Capital name of class of shares | |
| 2024-10-24 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2024-10-24 | SH20 | capital | Legacy | |
| 2024-10-24 | CAP-SS | insolvency | Legacy | |
| 2024-10-24 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-24 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-10-24 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-10-24 | SH01 | capital | Capital allotment shares | |
| 2024-10-23 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2024-10-23 | SH20 | capital | Legacy | |
| 2024-10-23 | CAP-SS | insolvency | Legacy |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 6
- 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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-8.1%
£16,306,839 £14,991,918
lowest in 3 filed years
-
Cash
-59.3%
£1,880,793 £766,020
-
Net assets
+16.1%
£1,539,420 £1,787,473
highest in 4 filed years
-
Employees
-0.8%
126 125
-
Operating profit
+19.7%
£511,120 £611,943
-
Profit before tax
+21.6%
£506,561 £616,080
highest in 3 filed years
-
Wages
+3.9%
£4,052,131 £4,209,422
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