DIRECT TRADE BAG COMPANY LIMITED
Get an alert when DIRECT TRADE BAG COMPANY LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-08 (in 3mo)
Last made up 2025-07-25
Watchouts
None on the register
Cash
£27K
+157.2% vs 2023
Net assets
£2M
-8.1% vs 2023
Employees
145
-4.6% vs 2023
Profit before tax
-£173K
-139.4% vs 2023
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 | £15,701,889 | £14,290,947 | |
| Operating profit | £554,827 | -£21,166 | |
| Profit before tax | £439,628 | -£173,274 | |
| Net profit | £308,859 | -£49,568 | |
| Cash | £10,378 | £26,695 | |
| Total assets less current liabilities | £2,864,111 | £2,467,652 | |
| Net assets | £2,245,869 | £2,063,969 | |
| Equity | £2,245,869 | £2,063,969 | |
| Average employees | 152 | 145 | |
| Wages | £4,309,748 | £4,049,249 |
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 | 3.5% | -0.1% | |
| Net margin | 2.0% | -0.3% | |
| Return on capital employed | 19.4% | -0.9% | |
| Current ratio | 1.25x | 1.19x | |
| Interest cover | 4.54x | -0.14x |
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
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After reviewing the Company's forecasts and projections, the Directors have a reasonable expectation that the Company can remain a viable, going concern for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing the financial statements.”
Group structure
- DIRECT TRADE BAG COMPANY LIMITED · parent
- Direct Textile Designs Limited 100%
- Castle Embroidering Limited 100%
Significant events
- “establishment of a Polish joint venture named Texpro Solutions LLP, trading as Direct Trade Bag EU”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AULT, Ian William | Director | 2008-12-19 | Oct 1969 | British |
| SOMERFIELD, Mark | Director | 2008-12-19 | Aug 1969 | British |
| TOWNE, Gregory Neil | Director | 2008-12-19 | Jun 1966 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CAPEL, Brian | Director | 2008-12-19 | 2014-06-25 |
| SAYERS, Anna | Director | 2008-10-21 | 2008-11-08 |
| SMITH, Andy James | Director | 2008-11-07 | 2008-12-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Joanne Tatia Ault | Individual | Shares 25–50%, Voting 25–50% | 2022-07-13 | Active |
| Mrs Anna Somerfield | Individual | Shares 25–50%, Voting 25–50% | 2022-06-28 | Active |
| Mr Ian William Ault | Individual | Shares 25–50%, Voting 25–50% | 2016-07-22 | Active |
| Mr Mark Somerfield | Individual | Shares 25–50%, Voting 25–50% | 2016-07-22 | Active |
Filing timeline
Last 20 of 92 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-08-28 RESOLUTIONS Resolution
- 2023-01-14 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-24 | AA | accounts | Accounts with accounts type full | |
| 2025-07-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-21 | AA | accounts | Accounts with accounts type full | |
| 2024-08-28 | RESOLUTIONS | resolution | Resolution | |
| 2024-08-20 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-08-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-09 | CH01 | officers | Change person director company with change date | |
| 2024-08-09 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-08-09 | CH01 | officers | Change person director company with change date | |
| 2024-05-16 | CH01 | officers | Change person director company with change date | |
| 2023-08-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-21 | AA | accounts | Accounts with accounts type full | |
| 2023-01-14 | RESOLUTIONS | resolution | Resolution | |
| 2023-01-11 | SH06 | capital | Capital cancellation shares | |
| 2022-10-05 | AA | accounts | Accounts with accounts type full | |
| 2022-08-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-07-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-07-19 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-07-19 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2022-07-19 | PSC04 | persons-with-significant-control | Change to a person with significant control |
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
-9%
£15,701,889 £14,290,947
-
Cash
+157.2%
£10,378 £26,695
-
Net assets
-8.1%
£2,245,869 £2,063,969
-
Employees
-4.6%
152 145
-
Operating profit
-103.8%
£554,827 -£21,166
-
Profit before tax
-139.4%
£439,628 -£173,274
-
Wages
-6%
£4,309,748 £4,049,249
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