DREWEATTS 1759 LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-05-12
Overdue
Watchouts
Cash
£7M
+46% vs 2024
Net assets
£3M
-2.5% vs 2024
Employees
86
+11.7% vs 2024
Profit before tax
£2M
-19% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-05-12.
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 1 time since incorporation
- DREWEATTS 1759 LIMITED 2017-06-06 → present
- NEWCO9999 LIMITED 2017-05-08 → 2017-06-06
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £10,962,180 | £12,011,926 | |
| Operating profit | £2,858,915 | £2,316,288 | |
| Profit before tax | £2,894,529 | £2,344,746 | |
| Net profit | £2,183,411 | £1,817,814 | |
| Cash | £4,539,170 | £6,626,565 | |
| Total assets less current liabilities | £3,268,981 | £3,186,795 | |
| Net assets | £3,268,981 | £3,186,795 | |
| Equity | £3,268,981 | £3,186,795 | |
| Average employees | 77 | 86 | |
| Wages | £3,021,702 | £3,708,681 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 26.1% | 19.3% | |
| Net margin | 19.9% | 15.1% | |
| Return on capital employed | 87.5% | 72.7% | |
| Current ratio | 1.47x | 1.28x |
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
- Bishop Fleming Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company has continued to trade strongly. The Company's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the Company is able to operate within the level of its current financing. At the time of approval of the financial statements the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RICHARDS, William Mathew | Director | 2021-01-01 | Apr 1968 | British |
| SMITH, William Henry | Director | 2017-10-01 | Dec 1947 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HICKS, David | Secretary | 2017-10-01 | 2018-03-07 |
| PURKIS, Richard Kenneth | Secretary | 2017-05-08 | 2017-10-01 |
| BAILEY, George Henry Selborne | Director | 2017-10-01 | 2020-12-09 |
| COOK, Andrew | Director | 2017-05-08 | 2017-10-01 |
| ENSOR, Richard | Director | 2017-10-01 | 2022-09-12 |
| GREENWAY, Vicki | Director | 2024-05-14 | 2025-06-12 |
| HICKS, David Marvin | Director | 2017-10-01 | 2017-10-01 |
| LUDWIG, Stephan Carl-Eduard | Director | 2022-05-20 | 2025-06-12 |
| POWELL, Rupert Luke Tremayne | Director | 2022-09-12 | 2025-06-12 |
| PRATT, Jonathan Joseph | Director | 2018-12-14 | 2024-01-12 |
| TAYLOR, Simon Arthur | Director | 2017-10-01 | 2022-09-12 |
| WALKER, Poppy Louisa Mary | Director | 2022-09-12 | 2025-06-12 |
| WHILEY, Clive Peter | Director | 2017-05-08 | 2017-10-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gurr Johns International Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-02-08 | Active |
| Gurr Johns Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-10-01 | Ceased 2021-02-08 |
| The Fine Art Auction Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-05-08 | Ceased 2017-10-01 |
Filing timeline
Last 20 of 73 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-05 | AA | accounts | Accounts with accounts type full | |
| 2025-06-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-27 | AA | accounts | Accounts with accounts type full | |
| 2024-05-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-01-15 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-10 | AA | accounts | Accounts with accounts type full | |
| 2023-05-23 | CH01 | officers | Change person director company with change date | |
| 2023-05-23 | CH01 | officers | Change person director company with change date | |
| 2023-05-09 | CH01 | officers | Change person director company with change date | |
| 2023-05-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-01-05 | AA | accounts | Accounts with accounts type full | |
| 2022-09-16 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-16 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-16 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-16 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 4
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+9.6%
£10,962,180 £12,011,926
-
Cash
+46%
£4,539,170 £6,626,565
-
Net assets
-2.5%
£3,268,981 £3,186,795
-
Employees
+11.7%
77 86
-
Operating profit
-19%
£2,858,915 £2,316,288
-
Profit before tax
-19%
£2,894,529 £2,344,746
-
Wages
+22.7%
£3,021,702 £3,708,681
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