QUALITEX SUPPLIES LIMITED
Get an alert when QUALITEX SUPPLIES 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
2026-10-22 (in 5mo)
Last made up 2025-10-08
Watchouts
None on the register
Cash
£173K
-89.6% vs 2023
Net assets
£4M
+3.4% highest in 6 filed years
Employees
83
0% vs 2023
Profit before tax
£234K
-56.4% lowest in 6 filed years
Net assets
10-year trend · vs Consumer Discretionary median
Accounts
10-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | £15,147,050 | — | £15,134,567 | — | £19,836,717 | — | £21,515,543 | — | £17,337,482 | £16,133,914 | |
| Operating profit | £476,646 | — | £742,250 | — | £999,977 | — | £762,501 | — | £584,688 | £264,331 | |
| Profit before tax | £401,146 | — | £646,769 | — | £917,036 | — | £681,550 | — | £535,989 | £233,847 | |
| Net profit | £325,137 | — | £512,681 | — | £722,291 | — | £541,222 | — | £386,983 | £185,632 | |
| Cash | £160,406 | £160,406 | £2,454,434 | £2,454,434 | £1,307,931 | £1,307,931 | £593,781 | £593,781 | £1,666,979 | £172,930 | |
| Total assets less current liabilities | £2,011,334 | — | £4,696,934 | — | £4,673,157 | — | £4,657,757 | — | £4,263,805 | £3,846,531 | |
| Net assets | £1,923,181 | — | £2,385,862 | — | £2,910,931 | — | £3,332,153 | — | £3,499,136 | £3,619,768 | |
| Equity | £1,923,181 | £1,923,181 | £2,385,862 | £2,385,862 | £2,910,931 | £2,910,931 | £3,332,153 | £3,332,153 | £3,499,136 | £3,619,768 | |
| Average employees | 76 | — | 79 | — | 84 | — | 83 | — | 83 | 83 | |
| Wages | £2,591,209 | — | £2,587,687 | — | £3,337,808 | — | £3,065,989 | — | £2,930,095 | £2,920,332 |
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 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 3.1% | — | 4.9% | — | 5.0% | — | 3.5% | — | 3.4% | 1.6% | |
| Net margin | 2.1% | — | 3.4% | — | 3.6% | — | 2.5% | — | 2.2% | 1.2% | |
| Return on capital employed | 23.7% | — | 15.8% | — | 21.4% | — | 16.4% | — | 13.7% | 6.9% | |
| Current ratio | — | — | — | — | — | — | — | — | 2.36x | 2.16x | |
| Interest cover | 10.81x | — | 7.71x | — | 12.02x | — | 9.20x | — | 8.79x | 5.18x |
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
- Kreston Reeves 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
- “During 2024 the business saw a further reduction in turnover compared to 2023. Difficult market conditions, attributed to the cost of living and inflationary increases, were seen as the driving factors for a reduction in spend within the bathroom sector.”
- “The supply chain throughout the year remained constant, with only minor disruption and cost increases towards the end of the year. This was in relation to the ongoing issues surrounding Israel, Gaza and the shipping routes, with deliveries taking up to 4 weeks longer than anticipated.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ANDREWS, Duncan Edward | Secretary | — | — | British |
| ANDREWS, Duncan Edward | Director | — | Apr 1958 | British |
| ANDREWS, Graeme David | Director | 2015-08-01 | Aug 1984 | English |
| ANDREWS, Olivia Emily | Director | 2020-01-10 | Oct 1990 | British |
| ANDREWS, Scott Duncan | Director | 2015-08-01 | Dec 1986 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANDREWS, Carolyn | Director | — | 2018-04-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Carolyn Andrews | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-08-17 |
| Mr Duncan Edward Andrews | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 123 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-09-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-11-28 | MA | incorporation | Memorandum articles | |
| 2024-11-28 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-27 | SH08 | capital | Capital name of class of shares | |
| 2024-11-27 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-10-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-29 | AA | accounts | Accounts with accounts type full | |
| 2023-10-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-30 | CH03 | officers | Change person secretary company with change date | |
| 2023-10-30 | CH01 | officers | Change person director company with change date | |
| 2023-10-30 | CH01 | officers | Change person director company with change date | |
| 2023-10-30 | CH01 | officers | Change person director company with change date | |
| 2023-10-30 | CH01 | officers | Change person director company with change date | |
| 2023-07-10 | AA | accounts | Accounts with accounts type full | |
| 2022-11-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-22 | CH01 | officers | Change person director company with change date | |
| 2022-11-22 | CH01 | officers | Change person director company with change date | |
| 2022-06-24 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 2
- 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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-6.9%
£17,337,482 £16,133,914
-
Cash
-89.6%
£1,666,979 £172,930
-
Net assets
+3.4%
£3,499,136 £3,619,768
highest in 6 filed years
-
Employees
0%
83 83
-
Operating profit
-54.8%
£584,688 £264,331
lowest in 6 filed years
-
Profit before tax
-56.4%
£535,989 £233,847
lowest in 6 filed years
-
Wages
-0.3%
£2,930,095 £2,920,332
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