BENROSS MARKETING LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. BENROSS MARKETING LIMITED 1995-04-20 → present
2. ULTIMEX LIMITED 1995-03-23 → 1995-04-20

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

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.

Accounting basis

FRS 102

Auditor

Harris & Trotter 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

• “The board is pleased to report a strong financial performance for the year ended 31 January 2026. The business has delivered meaningful revenue growth and a significant improvement in profitability, demonstrating the resilience of the Benross model and the continued success of strategic initiatives pursued in recent years.”
• “Turnover increased by £2.1m (8%) to £29.2m (2025: £27.1m), with growth achieved across all geographic markets.”
• “Gross profit improved by £0.5m to £7.8m (2025: £7.3m). Gross profit margin was maintained at approximately 27% (2025: 27%), reflecting continued discipline in purchasing and the sustained benefits of lower global sea freight costs following the easing of the global shipping crisis.”
• “Operating profit increased by 123% to £1.9m (2025: £0.8m).”
• “The business generated EBITDA of approximately £2.0m, representing 6.7% of turnover (2025: £1.0m, 3.8%), a marked improvement on the prior year and a clear demonstration of the operating leverage inherent in the business model.”
• “Closing stock reduced to £6.6m (2025: £8.2m), reflecting active management of inventory positions and a normalisation of stock levels following the prior year unwind.”
• “Trade debtor balances also reduced to £3.8m (2025: £5.7m), reflecting the profile of sales and improved collections.”
• “The combined effect was a significant improvement in net cash generated from operations, which totalled £4.2m (2025: £0.2m).”
• “The improvement in operating cash flow enabled a material reduction in utilisation of import and invoice financing facilities, which reduced from £5.0m to £1.6m during the year, significantly improving the Group's net debt position and reducing financing risk.”
• “Net assets increased to £14.7m (2025: £14.1m), reflecting the profit generated in the year net of dividends paid of £0.5m.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +7.8%

  £27,089,697 → £29,205,954

• Cash

  -20%

  £760,814 → £608,982

• Net assets

  +4.3%

  £14,075,917 → £14,676,329

  highest in 5 filed years

• Employees

  -4.7%

  64 → 61

• Operating profit

  +123.1%

  £845,002 → £1,885,427

• Profit before tax

  +164.9%

  £585,945 → £1,551,958

• Wages

  +6.9%

  £2,192,080 → £2,343,531

  highest in 5 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