PADLEY & VENABLES LIMITED
Get an alert when PADLEY & VENABLES 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
2026-09-28 (in 4mo)
Last made up 2025-09-14
Watchouts
None on the register
Cash
£3M
-1.3% vs 2023
Net assets
£25M
-9% vs 2023
Employees
156
-12.8% vs 2023
Profit before tax
-£2M
-250.9% vs 2023
Net assets
7-year trend · vs Basic Materials median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £23,816,817 | £18,268,259 | |
| Operating profit | — | — | — | — | — | -£800,044 | -£2,543,101 | |
| Profit before tax | — | — | — | — | — | -£704,639 | -£2,472,840 | |
| Net profit | — | — | — | — | — | -£560,087 | -£2,433,012 | |
| Cash | — | — | — | — | — | £3,325,009 | £3,282,214 | |
| Total assets less current liabilities | — | — | — | — | — | £26,585,811 | £24,168,799 | |
| Net assets | — | — | — | — | — | £27,089,811 | £24,663,799 | |
| Equity | — | — | £30,024,836 | — | — | £27,089,811 | £24,663,799 | |
| Average employees | — | — | — | — | — | 179 | 156 | |
| Wages | — | — | — | — | — | £5,983,093 | £5,528,303 |
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 | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | -3.4% | -13.9% | |
| Net margin | — | — | — | — | — | -2.4% | -13.3% | |
| Return on capital employed | — | — | — | — | — | -3.0% | -10.5% | |
| Current ratio | — | — | — | — | — | 13.09x | 12.05x |
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
- BHP LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- PADLEY & VENABLES LIMITED · parent
- Bedford Rock Drill Components Limited 100%
- Crossbow Demolition Tools Limited 100%
- Crossbow Rock Drills Limited 100%
- Thomas Turton Limited 100%
Significant events
- “A global downturn in mining and construction activity has resulted in fewer sales and orders. Many mine operators and construction companies have taken this opportunity to run down existing stock levels to improve cash flow. High inflation has continued to cause unease in the workforce as salaries have been under pressure to stay in line, while the April minimum wage increase of 9.8% will add pressure across all industries.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOOTH, David | Secretary | 2025-12-16 | — | — |
| BRUNNER, Fred Michael | Director | 1993-03-02 | Jul 1962 | American |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRADWELL, Darren David | Secretary | 2006-08-01 | 2023-02-18 |
| GREEN, Alan Macdonald | Secretary | 1999-09-29 | 2006-07-31 |
| MAWLAW SECRETARIES LIMITED | Corporate Secretary | 1993-01-08 | 2000-01-09 |
| BRUNNER, Fred Joseph | Director | 1993-03-02 | 2008-04-11 |
| FADIL, Susan Carol | Nominee Director | 1993-01-08 | 1993-03-02 |
| GUMMERS, Eric Michael | Nominee Director | 1993-01-08 | 1993-03-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Fred Michael Brunner | Individual | Shares 50–75% | 2016-04-06 | Active |
Filing timeline
Last 20 of 97 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-17 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-09-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-26 | AA | accounts | Accounts with accounts type full | |
| 2024-09-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-01 | AA | accounts | Accounts with accounts type full | |
| 2023-12-21 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-10-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-02-23 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-12-22 | AA | accounts | Accounts with accounts type full | |
| 2022-11-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-27 | CH03 | officers | Change person secretary company with change date | |
| 2021-09-14 | AA | accounts | Accounts with accounts type full | |
| 2021-08-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-30 | AA | accounts | Accounts with accounts type full | |
| 2020-07-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-03 | AA | accounts | Accounts with accounts type full | |
| 2019-07-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-01-25 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 1
- 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
-23.3%
£23,816,817 £18,268,259
-
Cash
-1.3%
£3,325,009 £3,282,214
-
Net assets
-9%
£27,089,811 £24,663,799
-
Employees
-12.8%
179 156
-
Operating profit
-217.9%
-£800,044 -£2,543,101
-
Profit before tax
-250.9%
-£704,639 -£2,472,840
-
Wages
-7.6%
£5,983,093 £5,528,303
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