JOINTING TECH LIMITED
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Next accounts due
2027-04-30 (in 11mo)
Last filed for 2025-07-31
Confirmation statement due
2026-07-11 (in 2mo)
Last made up 2025-06-27
Watchouts
Cash
£173K
-44.9% vs 2024
Net assets
£2M
-21.7% vs 2024
Employees
3
-84.2% vs 2024
Profit before tax
-£143K
-100.7% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The financial statements have been prepared on a basis other than going concern reflecting the decision taken by the Directors in January 2025 to cease the operations of the Company, no adjustments were required as a result of preparing the accounts on a basis other as a going concern. Further details can be found on page 2.
Name history
Renamed 1 time since incorporation
- JOINTING TECH LIMITED 2021-12-23 → present
- TOOLOUT LIMITED 1988-07-28 → 2021-12-23
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-07-31
| Metric | Trend | 2024-07-31 | 2025-07-31 |
|---|---|---|---|
| Turnover | £8,421,000 | £735,000 | |
| Operating profit | £15,000 | -£149,000 | |
| Profit before tax | £21,402,000 | -£143,000 | |
| Net profit | £20,869,000 | -£144,000 | |
| Cash | £314,000 | £173,000 | |
| Total assets less current liabilities | £2,273,000 | £1,779,000 | |
| Net assets | £2,273,000 | £1,779,000 | |
| Equity | £2,273,000 | £1,779,000 | |
| Average employees | 19 | 3 | |
| Wages | £888,000 | £142,000 |
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 | 2024-07-31 | 2025-07-31 |
|---|---|---|---|
| Operating margin | 0.2% | -20.3% | |
| Net margin | 247.8% | -19.6% | |
| Return on capital employed | 0.7% | -8.4% | |
| Gearing (liabilities / total assets) | 2.6% | 0.6% | |
| Current ratio | 38.88x | 178.90x |
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
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The financial statements have been prepared on a basis other than going concern reflecting the decision taken by the Directors in January 2025 to cease the operations of the Company, no adjustments were required as a result of preparing the accounts on a basis other as a going concern. Further details can be found on page 2.”
Group structure
- JOINTING TECH LIMITED · parent
- Langley Engineering Limited
Significant events
- “Following the sale of the principal trade of the Company to its parent company, Wolseley UK Limited in the prior year, the Directors agreed to cease the operations of the Company in January 2025. Therefore, the activities of the Company are disclosed as discontinued activities during the year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RANDLE, Nicky | Secretary | 2021-12-01 | — | — |
| RANDLE, Nicky Paul | Director | 2024-01-01 | Feb 1984 | British |
| THOMAS, Nicola | Director | 2024-01-01 | Jan 1976 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHAPLIN, Leslie Stewart | Secretary | — | 1991-10-08 |
| LLOYD, Joanne | Secretary | 2006-07-26 | 2021-12-01 |
| LLOYD, Lynn | Secretary | 1991-10-08 | 2006-07-26 |
| CHAPLIN, Leslie Stewart | Director | — | 1991-10-08 |
| GRAY, Simon | Director | 2021-12-01 | 2025-09-30 |
| LLOYD, Adam Jeffrey | Director | 2002-05-31 | 2021-12-01 |
| LLOYD, Jeffrey Alan | Director | — | 2016-12-16 |
| WOLSELEY DIRECTORS LIMITED | Corporate Director | 2021-12-01 | 2023-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Wolseley Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-12-01 | Active |
| Jointing Technologies Acquisitions Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2021-12-01 |
Filing timeline
Last 20 of 134 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-12-23 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-19 | AA | accounts | Accounts with accounts type full | |
| 2025-11-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-06 | AA | accounts | Accounts with accounts type full | |
| 2024-07-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-15 | AA | accounts | Accounts with accounts type full | |
| 2024-01-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-11 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-22 | AA | accounts | Accounts with accounts type full | |
| 2022-07-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-07-12 | CH02 | officers | Change corporate director company with change date | |
| 2021-12-23 | CERTNM | change-of-name | Certificate change of name company | |
| 2021-12-02 | AP02 | officers | Appoint corporate director company with name date | |
| 2021-12-02 | AP01 | officers | Appoint person director company with name date | |
| 2021-12-02 | AA01 | accounts | Change account reference date company current extended | |
| 2021-12-02 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-12-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-12-02 | AP03 | officers | Appoint person secretary company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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
FY2024 → FY2025 · period ending 2025-07-31 vs 2024-07-31
-
Turnover
-91.3%
£8,421,000 £735,000
-
Cash
-44.9%
£314,000 £173,000
-
Net assets
-21.7%
£2,273,000 £1,779,000
-
Employees
-84.2%
19 3
-
Operating profit
-1,093.3%
£15,000 -£149,000
-
Profit before tax
-100.7%
£21,402,000 -£143,000
-
Wages
-84%
£888,000 £142,000
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