PWG TRADING LIMITED — The Accounts

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-05-26 (this month)

Last made up 2025-05-12

Watchouts

None on the register

Cash

£3K

-5.3% lowest in 4 filed years

Net assets

£13M

+15.4% highest in 4 filed years

Employees

+31.9% highest in 4 filed years

Profit before tax

£2M

+4% highest in 4 filed years

Name history

Renamed 1 time since incorporation

PWG TRADING LIMITED 2013-12-19 → present
TIMBER WINDOWS.COM LIMITED 2004-05-12 → 2013-12-19

Net assets

4-year trend · vs Consumer Discretionary median

PWG TRADING LIMITED·Consumer Discretionary median · n=5592

Accounts

4-year trend · latest reflected 2024-12-31

Metric	2020-12-31	2021-12-31	2023-12-31	2024-12-31
Turnover	£15,414,271	£19,599,831	—	—
Operating profit	£630,501	£1,522,222	—	—
Profit before tax	£615,271	£1,514,386	£2,209,877	£2,297,788
Net profit	—	—	£1,610,049	£1,686,370
Cash	£3,385,313	£2,352,722	£2,873	£2,721
Total assets less current liabilities	£6,030,008	£7,125,073	£10,920,882	£12,607,252
Net assets	£5,718,206	£7,123,505	—	—
Equity	£5,718,206	£7,123,505	£10,920,882	£12,607,252
Average employees	47	46	47	62
Wages	£1,581,420	£1,878,191	£2,268,749	£1,912,527

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	2020-12-31	2021-12-31	2023-12-31	2024-12-31
Operating margin	4.1%	7.8%	—	—
Return on capital employed	10.5%	21.4%	—	—
Interest cover	41.40x	194.26x	—	—

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)
Abridged: Yes — abridged accounts (limited disclosure)
Auditor: Haines Watts Swindon Limited
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.”

Group structure

PWG TRADING LIMITED · parent
1. Stonehouse Installations Limited 100% · UK

Significant events

“Overall sales decreased by 7% from the previous year, primarily due to the prior year being boosted by the "covid bounce".”
“Inflationary pressures have been felt across the supply chain, including distribution costs with continuing high energy costs.”
“The Company monitors its environmental impact, and has taken steps to reduce this impact through various projects including the gradual move towards electric vehicles.”
“Recruitment remains challenging, and as such the Company works hard to retain our teams and to remain an employer of choice, and have consistently maintained low staff turnover figures for a number of years.”

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

People

3 active · 16 resigned

Name	Role	Appointed	Born	Nationality
DUGGAN, Ian James	Director	2023-12-21	Dec 1973	British
FOX, Charles James	Director	2015-09-01	May 1966	British
PENGELLY, Jay	Director	2014-02-26	Sep 1974	British

Show 16 resigned officers

Name	Role	Appointed	Resigned
APPLEBY, Sarah Helen	Secretary	2014-02-26	2017-12-13
BRUNSDON, Christopher Alan	Secretary	2009-02-19	2014-02-26
BRUNSDON, Sarah Louise	Secretary	2004-05-12	2009-02-19
INCORPORATE SECRETARIAT LIMITED	Corporate Nominee Secretary	2004-05-12	2004-05-12
APPLEBY, Sarah Helen	Director	2014-02-26	2017-12-13
BRUNSDON, Alan Francis	Director	2004-05-12	2009-02-19
BRUNSDON, Christopher Alan	Director	2004-05-12	2012-12-31
BRUNSDON, Sarah Louise	Director	2004-05-12	2009-02-19
DE ROZARIEUX, Mark Ian	Director	2009-02-19	2014-02-26
FRANKS, Robert Reuven	Director	2007-07-01	2011-03-31
GRAIN, Andrew David	Director	2004-05-12	2011-03-31
HOPKINS, Paul Gregory	Director	2004-05-12	2011-03-31
THAPAR, Rajinder	Director	2015-09-01	2023-01-23
WAINE, John	Director	2004-05-12	2008-03-28
WAKEMAN, Timothy Roy	Director	2009-02-19	2021-06-23
INCORPORATE DIRECTORS LIMITED	Corporate Nominee Director	2004-05-12	2004-05-12

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Performance Timber Products Group Limited	Corporate entity	Shares 75–100%, Voting 75–100%, Appoints directors	2021-06-23	Active
Graphite Capital General Partner Vii	Corporate entity	Shares 50–75%, Voting 50–75%, Appoints directors, significant-influence-or-control-as-firm	2016-04-06	Ceased 2021-06-22

Filing timeline

Last 20 of 111 total filings

Date	Type	Category	Description
2025-09-30	AA	accounts	Accounts with accounts type full	PDF
2025-06-04	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2024-10-10	AA	accounts	Accounts with accounts type full
2024-05-31	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-12-21	AP01	officers	Appoint person director company with name date	PDF
2023-10-10	AA	accounts	Accounts with accounts type full
2023-05-15	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-01-31	TM01	officers	Termination director company with name termination date	PDF
2022-09-30	AA	accounts	Accounts with accounts type full	PDF
2022-06-20	MR04	mortgage	Mortgage satisfy charge full	PDF
2022-06-20	MR04	mortgage	Mortgage satisfy charge full	PDF
2022-05-27	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2021-08-27	PSC05	persons-with-significant-control	Change to a person with significant control	PDF
2021-08-27	PSC02	persons-with-significant-control	Notification of a person with significant control	PDF
2021-08-27	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2021-08-26	AA	accounts	Accounts with accounts type full
2021-07-08	MR04	mortgage	Mortgage satisfy charge full	PDF
2021-06-24	TM01	officers	Termination director company with name termination date	PDF
2021-05-24	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2021-01-06	AA	accounts	Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 2
Capital events: 0
Officers appointed: 0
Officers resigned: 0

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

—

Not reported
Cash

-5.3%

£2,873 £2,721

lowest in 4 filed years
Net assets

—

Not reported
Employees

+31.9%

47 62

highest in 4 filed years
Profit before tax

+4%

£2,209,877 £2,297,788

highest in 4 filed years
Wages

-15.7%

£2,268,749 £1,912,527

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