FAERCH DURHAM LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-14 (in 5mo)
Last made up 2025-09-30
Watchouts
None on the register
Cash
£1K
0% vs 2023
Net assets
-£28M
-36% vs 2023
Employees
562
+7.9% vs 2023
Profit before tax
-£7M
+57.4% vs 2023
Name history
Renamed 1 time since incorporation
- FAERCH DURHAM LIMITED 2019-03-05 → present
- FAERCH PLAST MANUFACTURING LIMITED 2011-09-12 → 2019-03-05
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £153,241,000 | £135,932,000 | |
| Operating profit | £9,636,000 | -£56,000 | |
| Profit before tax | -£17,165,000 | -£7,307,000 | |
| Net profit | -£19,819,000 | -£7,290,000 | |
| Cash | £1,000 | £1,000 | |
| Total assets less current liabilities | -£15,014,000 | -£22,841,000 | |
| Net assets | -£20,237,000 | -£27,527,000 | |
| Equity | -£20,237,000 | -£27,527,000 | |
| Average employees | 521 | 562 | |
| Wages | £18,041,000 | £19,803,000 |
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 | 6.3% | -0.0% | |
| Net margin | -12.9% | -5.4% | |
| Return on capital employed | -64.2% | 0.2% | |
| Current ratio | 0.36x | 0.41x | |
| Interest cover | 1.42x | -0.01x |
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
- Consolidated group
- Auditor
- Mark Dawson (PricewaterhouseCoopers LLP)
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“These financial statements have been prepared on the going concern basis. A letter of support is in place from Faerch A/S and the treasury arrangement with other Faerch group companies facilitate the Company and Group being able to meet its liabilities as they fall due. On the basis of their assessment of the Company and Group's financial position, including financial forecasts for the 12 months subsequent to the date of signing the financial statements and the access to the Faerch group treasury function, the directors have reasonable expectations that the Company and Group are well placed to manage its business risks and that the Company and Group have adequate resources to continue in operational existence for the foreseeable future.”
Group structure
- FAERCH DURHAM LIMITED · parent
- Faerch UKco I Limited 100%
- Faerch Poole Limited 100%
- Faerch UK Limited 100%
- Faerch UKco III Limited 100%
- Faerch UKco II Limited 100%
- Faerch UKco IV Limited 100%
Significant events
- “The Group experienced a reduction of revenues of 11.3% in the year and made a loss after tax of £7,290,000 during the year (2023: loss after tax of £19,819,000). The 2023 result included an intercompany loan write off cost of £20,000,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HS SECRETARIAL LIMITED | Corporate Secretary | 2021-06-22 | — | — |
| HOLMES, Nicholas Stuart | Director | 2021-08-17 | Jun 1973 | British |
| JENSEN, Jesper Emil | Director | 2023-11-22 | Aug 1978 | Danish |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| IANNIDINARDO, Joseph | Secretary | 2011-09-12 | 2015-02-01 |
| TRANDERS, Thomas Peter Vikkelso | Secretary | 2015-02-01 | 2021-08-17 |
| BROWNRIGG, Mark David | Director | 2023-11-22 | 2024-05-22 |
| HANSEN, Ib Viegand | Director | 2011-09-19 | 2015-02-04 |
| HANSEN, Lars Gade | Director | 2011-09-19 | 2018-01-12 |
| IANNIDINARDO, Joseph | Director | 2011-09-12 | 2015-02-01 |
| SAND-KRISTENSEN, Tom | Director | 2018-01-12 | 2023-11-22 |
| SANDAL, Henning | Director | 2011-09-12 | 2018-01-12 |
| TRANDERS, Thomas Peter Vikkelso | Director | 2015-02-04 | 2021-08-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Fph 2017 Limited | Corporate entity | Shares 75–100% | 2019-03-05 | Active |
Filing timeline
Last 20 of 73 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-30 | AA | accounts | Accounts with accounts type group | |
| 2024-10-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-11 | AA | accounts | Accounts with accounts type group | |
| 2024-06-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-19 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-19 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-19 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-21 | AA | accounts | Accounts with accounts type group | |
| 2022-12-16 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-12-16 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2022-10-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-28 | AA | accounts | Accounts with accounts type group | |
| 2022-06-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-01-31 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-01-31 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-01-20 | CH04 | officers | Change corporate secretary company with change date | |
| 2021-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-20 | AA | accounts | Accounts with accounts type group |
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
-11.3%
£153,241,000 £135,932,000
-
Cash
0%
£1,000 £1,000
-
Net assets
-36%
-£20,237,000 -£27,527,000
-
Employees
+7.9%
521 562
-
Operating profit
-100.6%
£9,636,000 -£56,000
-
Profit before tax
+57.4%
-£17,165,000 -£7,307,000
-
Wages
+9.8%
£18,041,000 £19,803,000
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