SEDDON HOMES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-26 (in 10mo)
Last made up 2026-03-12
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£35M
+5.2% vs 2023
Employees
103
+1% vs 2023
Profit before tax
£5M
-42.8% vs 2023
Name history
Renamed 1 time since incorporation
- SEDDON HOMES LIMITED 1995-05-25 → present
- NEXTPERMIT LIMITED 1995-04-12 → 1995-05-25
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £79,876,000 | £60,239,000 | |
| Operating profit | £9,365,000 | £5,210,000 | |
| Profit before tax | £8,246,000 | £4,713,000 | |
| Net profit | £6,309,000 | £3,697,000 | |
| Cash | £576,000 | — | |
| Total assets less current liabilities | £33,274,000 | £36,586,000 | |
| Net assets | £33,274,000 | £35,016,000 | |
| Equity | £33,274,000 | £35,016,000 | |
| Average employees | 102 | 103 | |
| Wages | £5,305,000 | £5,300,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 11.7% | 8.6% | |
| Net margin | 7.9% | 6.1% | |
| Return on capital employed | 28.1% | 14.2% | |
| Current ratio | 1.88x | 1.88x | |
| Interest cover | 6.48x | 3.50x |
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
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After review of the forecasts, significant available group cash resources and consideration of the parental support from the ultimate parent company, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future, being a period of at least 12 months from the date of approval of these financial statements.”
Group structure
- SEDDON HOMES LIMITED · parent
- Crosstower (Two) Limited 100%
- Seddon Homes (Disley) Limited 100%
- Seddon Homes (Madeley) Limited 100%
- Seddon Homes (Standish) Limited 100%
- Seddon Homes (Langley) Limited 100%
- Seddon Homes (Stafford) Limited 100%
- Seddon Homes (Congleton) Limited 100%
- Seddon Homes (Nantwich) Limited 100%
- Seddon Homes (Alsager) Limited 100%
- Seddon Homes (Belmont) Limited 100%
- Seddon Homes (Wrenbury) Limited 100%
- Seddon Homes (Gawsworth) Limited 100%
- Seddon Homes (Crewe) Limited 100%
- Seddon Homes (JP) Limited 100%
- Seddon Homes (Haslington) Limited 100%
- Seddon Homes (Congleton West) Limited 100%
- Crosstower (Congleton) Limited 100%
- Seddon Homes (Lawton) Limited 100%
- Malsis Homes Limited 100%
- Seddon Homes (Land) Limited 100%
- Seddon Homes (Property) Limited 100%
- Ruskin House (Management Company) Limited 100%
- Bosley Brook (Management Company) Limited 100%
- The Gables (Quarry Bank) Residents Management Company Limited 80%
- Crofton Alsager (Management Company) Limited 59%
Significant events
- “The residential housing market remained stable throughout the first six months of 2024 but the uncertainty over the general election in July and the interim budget in October meant the market became quite unstable in the second 6 months resulting in a decline in new build housing reservations.”
- “Turnover of new build houses for the business decreased by 28% to £55.3m from the legal completion of 201 units (2023: £76.8m from 275 units).”
- “Stocks held at the balance sheet date increased by 12% to £76.5m (2023: £68.3m) while cash holdings reduced by £6.4m to an overdrawn position of £5.8m (2023: £0.6m cash in hand).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCLAUGHLIN, Stuart | Secretary | 2004-10-01 | — | British |
| GRAHAM, Colin William Edward | Director | 2013-08-22 | Jun 1964 | British |
| HALLWORTH, Suzanne Marie | Director | 2020-09-01 | Dec 1970 | British |
| JEFFERSON, Michael Robert | Director | 2013-04-15 | Nov 1974 | British |
| JOHNSON, Michael Anthony | Director | 2020-01-01 | Mar 1968 | British |
| MCLAUGHLIN, Stuart | Director | 2016-01-01 | Dec 1962 | British |
| SEDDON, Jonathan Frank | Director | 2013-08-30 | Jun 1972 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRIAN, Andrew Cadwallader | Secretary | 2020-06-05 | 2025-09-10 |
| HANDLEY, David Michael | Secretary | 1997-08-15 | 2004-10-01 |
| MELLOR, Brian James | Secretary | 1995-12-01 | 1997-08-15 |
| PINNINGTON, Ian Harry | Secretary | 1995-05-09 | 1995-12-01 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1995-04-12 | 1995-05-09 |
| HOLMES, Graham Trevor | Director | 2002-07-01 | 2008-06-23 |
| MADDOCK, Denis Arthur | Director | 2001-08-24 | 2018-05-04 |
| PINNINGTON, Ian Harry | Director | 1995-05-09 | 1995-12-01 |
| SEDDON, George | Director | 1998-12-17 | 2009-09-11 |
| SEDDON, John Stuart | Director | 1995-12-01 | 2009-09-11 |
| SEDDON, John | Director | 1995-05-09 | 2009-09-11 |
| SEDDON, Stephen John | Director | 2009-09-11 | 2016-04-07 |
| THOMPSON, Alan | Director | 2010-02-01 | 2016-01-29 |
| URQUHART, Marsha Lesley | Director | 1998-09-24 | 2000-10-27 |
| WHITAKER, Kenton Lloyd | Director | 1998-02-27 | 2013-04-10 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1995-04-12 | 1995-05-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Seddon Real Estate Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 181 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-24 | AA | accounts | Accounts with accounts type full | |
| 2025-09-15 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-04-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-09-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-25 | AA | accounts | Accounts with accounts type full | |
| 2024-03-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-08-23 | AA | accounts | Accounts with accounts type full | |
| 2023-03-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-16 | AA | accounts | Accounts with accounts type full | |
| 2022-08-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-05-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-05-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-03-23 | 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
- 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
-24.6%
£79,876,000 £60,239,000
-
Cash
—
Not reported
-
Net assets
+5.2%
£33,274,000 £35,016,000
-
Employees
+1%
102 103
-
Operating profit
-44.4%
£9,365,000 £5,210,000
-
Profit before tax
-42.8%
£8,246,000 £4,713,000
-
Wages
-0.1%
£5,305,000 £5,300,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers