CHARTWAY GROUP LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

Reporting scope

Consolidated group

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have concluded that, coupled with the revised bank loan terms, the Group has sufficient financial resource and therefore believe it is well placed to manage its business risks and cashflows successfully. Therefore, the financial statements of the Chartway Group Limited have been prepared on a going concern basis.”

Group structure

1. CHARTWAY GROUP LIMITED · parent
   1. Chartway Partnerships (Southern) Limited 100% · UK
   2. Chartway Drylining Limited 100% · UK
   3. Westerhill Homes Limited 100% · UK
   4. Chartway Civil Engineering Limited 100% · UK
   5. Chartway Property Management Limited 100% · UK
   6. Chartway Partnerships Limited 100% · UK
   7. Chartway Building Supplies Holdings Limited 100% · UK
   8. Chartway Group Properties Limited 100% · UK
   9. Chartway Building Supplies Limited 100% · UK
   10. OFP Timber Framed Homes Limited 100% · UK
   11. Discovery Stairs Limited 100% · UK

Significant events

• “The acquisition of OFP Timber Framed Homes Limited in the year was a further addition to Chartway Group's internal supply chain, bringing vital elements of housing delivery inhouse.”
• “The share structure of the Group changed on 1st June 2024 (post year ending 31 May 2024), with management transferring 21.5% of the Company's shareholding to Cabot Square Capital.”
• “On 19th August 2025 management transferred a further 4.2% of the Company's shareholding to Cabot Square Capital.”
• “On 19th August 2025 the Group disposed of 100% of the share capital of Discovery Stairs Limited.”
• “The full year result for the business returned an EBITDA before exceptionals of £1.1m (2023 - £10.0m as restated), the reduction due to the lower margin profile of the partnerships model aside an increased investment in group overhead to support future growth.”
• “The result for the year was a profit before tax of £22.2m (2023 - profit of £10.0m as restated), noting this includes an exceptional credit of £21.1m (2023 - £Nil). The exceptional credit in the period relates to the write-off of £22.9m of debt previously held by Group companies above Chartway Group Limited, partially offset by the impairment of £1.8m of goodwill arising from the acquisition of OFP timber frame Limited in the year (see note 12).”

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

Filings

16

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  -2.6%

  £153,112,514 → £149,100,418

• Cash

  -17.4%

  £9,027,818 → £7,454,644

• Net assets

  +225.3%

  £9,718,909 → £31,619,772

• Employees

  +6.4%

  267 → 284

• Operating profit

  +120.8%

  £10,036,797 → £22,161,024

• Profit before tax

  +121.4%

  £10,015,631 → £22,177,069

• Wages

  +12.8%

  £17,457,987 → £19,694,106

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