REIDS OF NORWICH LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-04 (in 7mo)
Last made up 2025-11-20
Watchouts
None on the register
Cash
£1M
+7.5% vs 2023
Net assets
£8M
+5.5% vs 2023
Employees
23
0% vs 2023
Profit before tax
£3M
+35.3% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £80,578,916 | £85,722,546 | |
| Operating profit | £1,932,378 | £2,602,727 | |
| Profit before tax | £1,886,913 | £2,553,640 | |
| Net profit | £1,441,779 | £1,907,572 | |
| Cash | £998,623 | £1,073,025 | |
| Total assets less current liabilities | £7,403,118 | £7,807,145 | |
| Net assets | £7,353,928 | £7,759,500 | |
| Equity | £7,353,928 | £7,759,500 | |
| Average employees | 23 | 23 | |
| Wages | £1,927,698 | £2,254,727 |
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 | 2.4% | 3.0% | |
| Net margin | 1.8% | 2.2% | |
| Return on capital employed | 26.1% | 33.3% | |
| Gearing (liabilities / total assets) | 55.5% | 66.6% | |
| Current ratio | 1.75x | 1.47x | |
| Interest cover | 41.08x | 53.02x |
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
- Larking Gowen 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 Company plans to continue to support existing customers whilst expanding its markets where suitable opportunities arise.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BUCHANAN, Geoffrey | Director | 2015-12-23 | Mar 1970 | British |
| BUCHANAN, William Edwin | Director | 2015-12-23 | Jul 1968 | British |
| BURTON, Marie Nicola | Director | 2025-04-23 | Jul 1987 | British |
| HARLEY, Stephen Andrew | Director | 2021-07-01 | Mar 1963 | British |
| LONG, Gareth Charles | Director | 2019-01-01 | Feb 1980 | British |
| MULLEN, Philip Richard | Director | 2019-01-01 | Nov 1982 | British |
| PETERSEN, Dennis | Director | 2021-07-01 | Dec 1966 | Danish |
| REID, John Michael | Director | 2006-11-20 | Oct 1964 | British |
| SPENCE, Robert John | Director | 2016-06-17 | Sep 1971 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LONG, Gareth Charles | Secretary | 2008-01-01 | 2012-01-01 |
| REID, Wendy Cherry | Secretary | 2012-01-01 | 2015-12-23 |
| REID, Wendy | Secretary | 2006-11-20 | 2007-12-31 |
| BARRETT, Matthew William | Director | 2008-01-01 | 2015-12-23 |
| LONG, Gareth Charles | Director | 2007-02-08 | 2015-12-23 |
| SPENCE, Robert John | Director | 2012-01-01 | 2015-12-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr William Edwin Buchanan | Individual | Significant influence | 2016-04-06 | Active |
| Mr Geoffrey Maurice Buchanan | Individual | Significant influence | 2016-04-06 | Active |
| Autumn Foods Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 102 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-09 | AA | accounts | Accounts with accounts type full | |
| 2025-04-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-11-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-04 | AA | accounts | Accounts with accounts type full | |
| 2023-11-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-22 | AD02 | address | Change sail address company with new address | |
| 2023-05-22 | AA | accounts | Accounts with accounts type full | |
| 2022-11-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-20 | AA | accounts | Accounts with accounts type full | |
| 2022-02-17 | CH01 | officers | Change person director company with change date | |
| 2021-11-22 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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
+6.4%
£80,578,916 £85,722,546
-
Cash
+7.5%
£998,623 £1,073,025
-
Net assets
+5.5%
£7,353,928 £7,759,500
-
Employees
0%
23 23
-
Operating profit
+34.7%
£1,932,378 £2,602,727
-
Profit before tax
+35.3%
£1,886,913 £2,553,640
-
Wages
+17%
£1,927,698 £2,254,727
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