CWE AIRDRIE LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-11 (in 10mo)
Last made up 2026-02-25
Watchouts
None on the register
Cash
£281K
+483.2% highest in 4 filed years
Net assets
£133K
+323.9% highest in 4 filed years
Employees
3
0% vs 2023
Profit before tax
£227K
+2,851% highest in 4 filed years
Net assets
5-year trend · vs Utilities median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | £403,809 | £564,967 | — | — | |
| Operating profit | — | -£313,307 | £142,632 | — | — | |
| Profit before tax | — | -£406,391 | £75,183 | £7,708 | £227,460 | |
| Net profit | — | -£279,633 | £57,793 | £9,470 | £170,394 | |
| Cash | — | £113,252 | £142,443 | £48,251 | £281,384 | |
| Total assets less current liabilities | — | £3,898,098 | £4,235,681 | £3,890,659 | £3,699,150 | |
| Net assets | — | -£145,466 | £116,486 | £31,362 | £132,942 | |
| Equity | £1,403,494 | -£145,466 | £116,486 | £31,362 | £132,942 | |
| Average employees | — | 2 | 2 | 3 | 3 | |
| Wages | — | — | — | — | — |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | -77.6% | 25.2% | — | — | |
| Net margin | — | -69.2% | 10.2% | — | — | |
| Return on capital employed | — | -8.0% | 3.4% | — | — | |
| Interest cover | — | -3.37x | 2.11x | — | — |
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
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Consequently after making enquiries, the directors have a reasonable expectation that the company has adequate financial resources to continue in operational existence for at least twelve months from the date of signing the financial statements and therefore the directors believe it remains appropriate to prepare the financial statements on a going concern basis.”
Significant events
- “At the start of 2021, a new group banking facility of £96.2m with Scottish Widows Limited was agreed and drawn down by CWE B Limited as head of the new banking facility group, which includes CWE Airdrie Limited. This facility now stands at £74.8m at 31 December 2024. It is secured by charges over the assets of this wider banking group in favour of Scottish Widows Limited, is repayable in semi-annual payments to 31 March 2038 and is subject to a fixed interest rate of 2.12% for the life of the loan.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FRENCH, Timothy Paul | Director | 2022-11-16 | Jun 1983 | British |
| HUBBARD, Matthew Richard | Director | 2026-02-19 | Aug 1987 | British |
| MYERS, Sarah Jane Louise | Director | 2023-03-20 | Jul 1970 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANDREWS, Luke Kevin | Secretary | 2014-07-01 | 2015-11-24 |
| SLC REGISTRARS LIMITED | Corporate Secretary | 2014-02-25 | 2014-07-01 |
| AKERS-DOUGLAS, Dominic Lovett | Director | 2014-02-25 | 2021-10-07 |
| BIRD, James | Director | 2021-10-07 | 2022-09-08 |
| HUTT, Bruce John Alexander | Director | 2016-01-07 | 2025-12-31 |
| PRESCOT, Nigel Kenrick Grosvenor | Director | 2014-02-25 | 2016-01-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cwe Wh Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 81 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-12-20 RESOLUTIONS Resolution
- 2022-12-20 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-19 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-05 | AA | accounts | Accounts with accounts type full | |
| 2025-02-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-06 | AA | accounts | Accounts with accounts type full | |
| 2024-02-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-13 | AA | accounts | Accounts with accounts type full | |
| 2023-03-20 | AP01 | officers | Appoint person director company with name date | |
| 2023-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-20 | SH20 | capital | Legacy | |
| 2022-12-20 | SH01 | capital | Capital allotment shares | |
| 2022-12-20 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2022-12-20 | CAP-SS | insolvency | Legacy | |
| 2022-12-20 | RESOLUTIONS | resolution | Resolution | |
| 2022-12-20 | RESOLUTIONS | resolution | Resolution | |
| 2022-11-16 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-13 | AA | accounts | Accounts with accounts type full | |
| 2022-09-12 | TM01 | officers | Termination director company with name termination date | |
| 2022-02-25 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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
—
Not reported
-
Cash
+483.2%
£48,251 £281,384
highest in 4 filed years
-
Net assets
+323.9%
£31,362 £132,942
highest in 4 filed years
-
Employees
0%
3 3
-
Profit before tax
+2,851%
£7,708 £227,460
highest in 4 filed years
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