DIBS DISTRIBUTION LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-07-22 (in 2mo)
Last made up 2025-07-08
Watchouts
None on the register
Cash
£3M
+20.9% highest in 7 filed years
Net assets
£2M
-4.1% vs 2024
Employees
82
-14.6% vs 2024
Profit before tax
£2M
+344.6% highest in 4 filed years
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2025-03-31
| Metric | Trend | 2021-04-01 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2023-04-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £31,670,599 | — | £35,904,377 | — | £36,680,560 | £42,726,948 | |
| Operating profit | — | £532,512 | — | £491,438 | — | £406,782 | £1,934,355 | |
| Profit before tax | — | £539,657 | — | £503,994 | — | £446,492 | £1,984,912 | |
| Net profit | — | £410,989 | — | £396,718 | — | £343,764 | £1,495,352 | |
| Cash | £1,758,143 | £2,023,517 | £2,023,517 | £1,899,209 | £1,899,209 | £2,354,831 | £2,846,748 | |
| Total assets less current liabilities | — | £2,040,633 | — | £2,326,622 | — | £2,569,896 | £2,351,309 | |
| Net assets | — | £1,676,121 | — | £2,072,839 | — | £2,416,603 | £2,316,744 | |
| Equity | £1,265,132 | £1,676,121 | — | £2,072,839 | £2,072,839 | £2,416,603 | £2,316,744 | |
| Average employees | — | 82 | — | 93 | — | 96 | 82 | |
| Wages | — | £3,717,264 | — | £4,095,337 | — | £4,255,691 | £3,881,369 |
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 | 2021-04-01 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2023-04-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | 1.7% | — | 1.4% | — | 1.1% | 4.5% | |
| Net margin | — | 1.3% | — | 1.1% | — | 0.9% | 3.5% | |
| Return on capital employed | — | 26.1% | — | 21.1% | — | 15.8% | 82.3% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 56.7% | 65.2% | |
| Current ratio | — | — | — | — | — | 1.81x | 1.51x | |
| Interest cover | — | 60.52x | — | 32.98x | — | 21.72x | 160.43x |
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
- 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. 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 financial statements are authorised for issue.”
Significant events
- “Turnover increased by 16%, reflecting growth with existing customers and the addition of new accounts.”
- “The profit for the financial year on ordinary activities before taxation was £1,984,912 (2024: £446,994).”
- “During the year, the directors paid a dividend of £338,000 (2024 - £nil).”
- “On 29 May 2024, 140 £1 ordinary shares were repurchased for a consideration of £901,860, and stamp duty of £4,410, and subsequently cancelled.”
- “On 13 August 2024, 100 £1 ordinary shares were repurchased for a consideration of £349,191, and stamp duty of £1,750, and subsequently cancelled.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PAYNE, Robert Edward | Secretary | 2024-09-01 | — | — |
| PAYNE, David James | Director | 2018-01-01 | Aug 1986 | British |
| PAYNE, Jason Barry | Director | 2007-03-01 | Jan 1977 | British |
| PAYNE, Robert Edward | Director | 2015-05-01 | Jul 1980 | British |
| PAYNE, Toby | Director | 2015-06-01 | May 1976 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PAYNE, Barry Kenneth | Secretary | — | 1994-09-19 |
| PAYNE, Graham John | Secretary | 1994-09-19 | 2024-08-31 |
| OH, Hock Muat | Director | — | 1993-02-12 |
| PAYNE, Barry Kenneth | Director | — | 2018-01-26 |
| PAYNE, Graham John | Director | 1993-02-12 | 2024-08-31 |
| PAYNE, Ian Kenneth | Director | — | 2014-12-31 |
| PAYNE, Kelly James | Director | 2007-03-01 | 2024-05-29 |
| PAYNE, Lee Jason | Director | 2007-03-01 | 2015-05-01 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 130 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-17 | AA | accounts | Accounts with accounts type full | |
| 2025-07-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-08 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-07-08 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-07-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-30 | SH03 | capital | Capital return purchase own shares | |
| 2024-10-16 | SH06 | capital | Capital cancellation shares | |
| 2024-08-06 | AA | accounts | Accounts with accounts type full | |
| 2024-07-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-02 | SH06 | capital | Capital cancellation shares | |
| 2024-07-02 | SH03 | capital | Capital return purchase own shares | |
| 2023-11-29 | AA | accounts | Accounts with accounts type full | |
| 2023-07-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-05 | AA | accounts | Accounts with accounts type full | |
| 2022-07-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-14 | AA | accounts | Accounts with accounts type full | |
| 2021-07-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-30 | AA | accounts | Accounts with accounts type full | |
| 2020-09-09 | SH06 | capital | Capital cancellation shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 4
- 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
+16.5%
£36,680,560 £42,726,948
highest in 4 filed years
-
Cash
+20.9%
£2,354,831 £2,846,748
highest in 7 filed years
-
Net assets
-4.1%
£2,416,603 £2,316,744
-
Employees
-14.6%
96 82
-
Operating profit
+375.5%
£406,782 £1,934,355
highest in 4 filed years
-
Profit before tax
+344.6%
£446,492 £1,984,912
highest in 4 filed years
-
Wages
-8.8%
£4,255,691 £3,881,369
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