BASSETTS (WALES) LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-14 (in 4mo)
Last made up 2025-08-31
Watchouts
None on the register
Cash
£9K
+392.3% highest in 3 filed years
Net assets
£2M
-26.9% vs 2023
Employees
43
0% vs 2023
Profit before tax
-£715K
-144.5% lowest in 3 filed years
Name history
Renamed 1 time since incorporation
- BASSETTS (WALES) LTD 1999-01-21 → present
- FLOATBELL LIMITED 1995-01-23 → 1999-01-21
Net assets
7-year trend · vs Consumer Discretionary 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 | — | — | — | — | £23,284,619 | £25,116,497 | £24,244,124 | |
| Operating profit | — | — | — | — | £54,889 | £1,608,658 | -£713,835 | |
| Profit before tax | — | — | — | — | £54,889 | £1,605,607 | -£714,540 | |
| Net profit | — | — | — | — | £54,889 | £1,587,824 | -£676,258 | |
| Cash | — | — | — | — | £7,804 | £1,902 | £9,364 | |
| Total assets less current liabilities | — | — | — | — | £945,170 | £2,550,776 | £1,836,236 | |
| Net assets | — | — | — | — | £924,670 | £2,512,494 | £1,836,236 | |
| Equity | £597,440 | £489,420 | £676,333 | £869,781 | £924,670 | £2,512,494 | £1,836,236 | |
| Average employees | — | — | — | — | 41 | 43 | 43 | |
| Wages | — | — | — | — | £1,395,918 | £1,364,171 | £1,494,229 |
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 | — | — | — | — | 0.2% | 6.4% | -2.9% | |
| Net margin | — | — | — | — | 0.2% | 6.3% | -2.8% | |
| Return on capital employed | — | — | — | — | 5.8% | 63.1% | -38.9% | |
| Current ratio | — | — | — | — | — | 2.18x | 1.32x | |
| Interest cover | — | — | — | — | — | 527.26x | -1012.53x |
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
- Redwood Wales Limited T/a CJH
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company meets its day to day working capital requirements from its cash reserves and overdraft facilities. 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.”
Significant events
- “In the prior year the loan from Parent Company of £1,893,221 was written off.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FRANCIS, Edward Huw | Secretary | 1995-02-22 | — | Welsh |
| FRY, Deborah | Director | 2008-03-01 | Oct 1965 | British |
| HARRIES, Ioan | Director | 2024-11-11 | Jul 1977 | British |
| PARRY, Kevin | Director | 2024-11-11 | Aug 1963 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WATERLOW SECRETARIES LIMITED | Corporate Nominee Secretary | 1995-01-23 | 1995-02-22 |
| EVANS, David James | Director | 2006-01-31 | 2007-07-31 |
| FRANCIS, Edward Huw | Director | 1995-02-22 | 2025-07-11 |
| FRANCIS, Sheelah Ann | Director | 1995-02-22 | 1999-11-16 |
| JONES, Robert Michael | Director | 1995-02-22 | 1995-08-23 |
| PRICE, Edward Timothy | Director | 1998-03-13 | 2006-01-31 |
| WATERLOW NOMINEES LIMITED | Corporate Nominee Director | 1995-01-23 | 1995-02-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bassett Property Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 106 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-17 | AAMD | accounts | Accounts amended with accounts type full | |
| 2025-09-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-01 | AA | accounts | Accounts with accounts type full | |
| 2025-07-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-12 | CH01 | officers | Change person director company with change date | |
| 2024-11-12 | CH01 | officers | Change person director company with change date | |
| 2024-11-12 | CH03 | officers | Change person secretary company with change date | |
| 2024-09-12 | AA | accounts | Accounts with accounts type full | |
| 2024-09-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2023-08-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-13 | AA | accounts | Accounts with accounts type full | |
| 2022-09-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-28 | AA | accounts | Accounts with accounts type full | |
| 2021-09-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-30 | AA | accounts | Accounts with accounts type full | |
| 2020-09-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-09-26 | AA | accounts | Accounts with accounts type full |
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
-3.5%
£25,116,497 £24,244,124
-
Cash
+392.3%
£1,902 £9,364
highest in 3 filed years
-
Net assets
-26.9%
£2,512,494 £1,836,236
-
Employees
0%
43 43
-
Operating profit
-144.4%
£1,608,658 -£713,835
lowest in 3 filed years
-
Profit before tax
-144.5%
£1,605,607 -£714,540
lowest in 3 filed years
-
Wages
+9.5%
£1,364,171 £1,494,229
highest in 3 filed years
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