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Next accounts due

2027-03-31 (in 10mo)

Last filed for 2025-06-30

Confirmation statement due

2026-05-06

Overdue

Watchouts

1 item

Cash

£10K

+35.5% vs 2024

Net assets

£5M

+22.7% highest in 4 filed years

Employees

261

-3.7% vs 2024

Profit before tax

£978K

-43% first positive since 2021

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Name history

Renamed 1 time since incorporation

  1. KARL VELLA AUTOBODY REPAIRS LIMITED 1994-05-31 → present
  2. DELUXEWISE LIMITED 1994-04-22 → 1994-05-31

Accounts

7-year trend · latest reflected 2025-06-30

Metric Trend 2019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-30
Turnover £15,519,551£38,147,841£41,633,299
Operating profit -£87,889£1,778,688£1,039,223
Profit before tax -£102,465£608,878£1,715,070£978,187
Net profit -£202,260£514,181£1,264,449£939,922
Cash £975,102£1,160,225£7,583£10,276
Total assets less current liabilities £1,876,795£3,268,270£5,406,598£6,387,275
Net assets £1,251,145£2,125,481£4,149,569£5,093,181
Equity £1,109,284£1,453,405£1,251,145£2,125,481£4,149,569£5,093,181
Average employees 154203271261
Wages £3,525,195£5,199,180£8,653,755£9,609,949

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 2019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-30
Operating margin -0.6%4.7%2.5%
Net margin -1.3%3.3%2.3%
Return on capital employed -4.7%32.9%16.3%
Current ratio 1.18x1.24x
Interest cover -6.03x27.96x17.03x

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
MHA Audit Services 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

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

2 active · 5 resigned

Name Role Appointed Born Nationality
HILL, James Robert Director 2025-12-23 Sep 1978 British
HOLDING, Marc Lawrence Director 2025-12-23 Sep 1981 British
Show 5 resigned officers
Name Role Appointed Resigned
VELLA, Maureen Secretary 1994-05-05 2025-12-23
SWIFT INCORPORATIONS LIMITED Corporate Nominee Secretary 1994-04-22 1994-05-05
HARVEY, Francis John Director 2003-05-01 2007-11-30
VELLA, Karl Brian Director 1994-05-05 2025-12-23
INSTANT COMPANIES LIMITED Corporate Nominee Director 1994-04-22 1994-05-05

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Karl Vella Group Ltd Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2022-07-01 Active
Mr Karl Brian Vella Individual Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2022-07-01

Filing timeline

Last 20 of 94 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-01-15 CC04 Statement of companys objects
  • 2026-01-12 RESOLUTIONS Resolution
  • 2026-01-12 MA Memorandum articles
Date Type Category Description
2026-04-08 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-03-31 AA accounts Accounts with accounts type full PDF
2026-01-15 CC04 change-of-constitution Statement of companys objects
2026-01-12 RESOLUTIONS resolution Resolution
2026-01-12 MA incorporation Memorandum articles
2026-01-05 MR04 mortgage Mortgage satisfy charge full PDF
2026-01-05 MR04 mortgage Mortgage satisfy charge full PDF
2026-01-05 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-01-02 TM01 officers Termination director company with name termination date PDF
2026-01-02 TM02 officers Termination secretary company with name termination date PDF
2026-01-02 AP01 officers Appoint person director company with name date PDF
2026-01-02 AP01 officers Appoint person director company with name date PDF
2025-05-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-28 AA accounts Accounts with accounts type full PDF
2024-05-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-03-26 AA accounts Accounts with accounts type full PDF
2023-05-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-03-30 AA accounts Accounts with accounts type full PDF
2023-03-13 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2023-03-13 PSC07 persons-with-significant-control Cessation of a person with significant control PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
13

last 12 months

Capital events
0

last 24 months

Officers appointed
2

last 12 months

Officers resigned
2

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 2025-06-30 vs 2024-06-30

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

Official Companies House page