WORCESTER ELECTRICAL DISTRIBUTORS LIMITED
Get an alert when WORCESTER ELECTRICAL DISTRIBUTORS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-17 (in 2mo)
Last made up 2025-07-03
Watchouts
Cash
£84K
+56.2% vs 2023
Net assets
£3M
-17.1% vs 2023
Employees
68
-5.6% vs 2023
Profit before tax
-£634K
-414.2% 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.
Net assets
4-year trend · vs Consumer Discretionary median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-03-31 | 2023-03-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £15,934,439 | £20,156,143 | |
| Operating profit | — | — | £476,956 | £1,017,984 | |
| Profit before tax | — | — | £201,935 | -£634,427 | |
| Net profit | — | — | £161,942 | -£687,562 | |
| Cash | — | — | £53,552 | £83,668 | |
| Total assets less current liabilities | — | — | £4,537,768 | £4,122,735 | |
| Net assets | — | — | £4,011,016 | £3,323,454 | |
| Equity | £2,825,270 | £3,849,074 | £4,011,016 | £3,323,454 | |
| Average employees | — | — | 72 | 68 | |
| Wages | — | — | £1,910,990 | £2,475,753 |
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 | 2022-03-31 | 2023-03-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 3.0% | 5.1% | |
| Net margin | — | — | 1.0% | -3.4% | |
| Return on capital employed | — | — | 10.5% | 24.7% | |
| Current ratio | — | — | 1.64x | 1.57x | |
| Interest cover | — | — | 1.73x | 2.98x |
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
- Derek Young & Co Accountants 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.”
Significant events
- “the company shortened its reporting period in the prior 2023 period order to align this with that of the parent company.”
- “external financial issues elsewhere in the group, resulted in one-off costs of £1.3m being incurred by the company, bringing the result before tax to a loss position of £634k.”
- “The exceptional item mostly relates to group refinancing and restructuring following the former parent company of Worcester Electrical Distributors Limited (WED) going into administration on 3 July 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLUNN, Paul Simon | Director | 2022-09-16 | Jul 1974 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| RUSHTON, Jean | Secretary | — | 2010-02-06 |
| BUTLER, Neville Warwick | Director | — | 2022-09-02 |
| RIZVI, Sameer | Director | 2024-11-18 | 2025-01-15 |
| RIZVI, Sameer | Director | 2024-06-10 | 2024-08-09 |
| RIZVI, Sameer | Director | 2022-09-02 | 2023-02-01 |
| RUSHTON, Robert Alan | Director | — | 2022-09-02 |
| TROTH, Michelle | Director | 2022-08-26 | 2025-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Rdcp Electrical 1 Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-06-25 | Active |
| Wed Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-09-02 | Ceased 2024-06-25 |
| Rdcp Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, significant-influence-or-control-as-firm | 2022-09-02 | Ceased 2022-09-02 |
| Mr Robert Alan Rushton | Individual | Shares 25–50% | 2016-07-01 | Ceased 2022-09-02 |
| Mr Neville Warwick Butler | Individual | Shares 25–50% | 2016-07-01 | Ceased 2022-09-02 |
Filing timeline
Last 20 of 130 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-08-28 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-15 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-11-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-08-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-07-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-07-01 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-01 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-11 | AP01 | officers | Appoint person director company with name date |
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 2024-12-31 vs 2023-12-31
-
Turnover
+26.5%
£15,934,439 £20,156,143
-
Cash
+56.2%
£53,552 £83,668
-
Net assets
-17.1%
£4,011,016 £3,323,454
-
Employees
-5.6%
72 68
-
Operating profit
+113.4%
£476,956 £1,017,984
-
Profit before tax
-414.2%
£201,935 -£634,427
-
Wages
+29.6%
£1,910,990 £2,475,753
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