ARMSTRONG WATSON LLP
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-02-07 (in 9mo)
Last made up 2026-01-24
Watchouts
Cash
£1K
-17.3% vs 2024
Net assets
£8M
+31% vs 2024
Employees
562
+19.6% vs 2024
Profit before tax
£8M
+30.3% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
6 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £23,870,524 | £29,992,346 | |
| Operating profit | £6,150,234 | £7,954,673 | |
| Profit before tax | £5,891,528 | £7,673,787 | |
| Net profit | £266,000 | £608,000 | |
| Cash | £1,744 | £1,443 | |
| Total assets less current liabilities | £8,537,639 | £10,949,160 | |
| Net assets | £6,245,375 | £8,181,976 | |
| Equity | £6,245,375 | £8,181,976 | |
| Average employees | 470 | 562 | |
| Wages | £22,006,152 | £18,424,929 |
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 | 25.8% | 26.5% | |
| Net margin | 1.1% | 2.0% | |
| Return on capital employed | 72.0% | 72.7% | |
| Gearing (liabilities / total assets) | 61.7% | 58.9% | |
| Current ratio | 1.43x | 1.41x | |
| Interest cover | 23.76x | 28.32x |
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
- Price Bailey LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the members' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- ARMSTRONG WATSON LLP · parent
- Armstrong Watson Trustees Limited 100%
Significant events
- “On 5 April 2025 the LLP acquired the trade and some assets of Martin Aitken & Co, a firm based in Glasgow, with an approximate turnover of £5.0m.”
- “On 31 March 2025 the LLP agreed a change in its principal bank to HSBC UK Bank plc, and during April 2025 the LLP's overdraft facility and most of its bank loans were replaced by equivalent, or increased, facilities with HSBC.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
59 active · 24 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ANDREW, Richard Stephen | Llp Designated Member | 2019-03-01 | May 1980 | — |
| DICKSON, Paul Alan | Llp Designated Member | 2017-01-25 | Mar 1971 | — |
| GRAY, Joanna | Llp Designated Member | 2019-03-01 | Oct 1981 | — |
| KIENLEN, Michael Christian | Llp Designated Member | 2017-01-25 | Mar 1971 | — |
| ASKEW, Richard | Llp Member | 2025-08-01 | Nov 1979 | — |
| BOWNESS, Rebecca | Llp Member | 2025-04-12 | Mar 1981 | — |
| CALLAGHAN, Colette | Llp Member | 2025-04-11 | Jan 1976 | — |
| CHAPMAN, Edith Margaret | Llp Member | 2025-08-01 | Oct 1984 | — |
| CLARK, Paul Martin | Llp Member | 2026-04-15 | Jun 1983 | — |
| CLIFFORD, Jayne Frances | Llp Member | 2025-04-04 | Mar 1968 | — |
| CONNELL, Edward Weston | Llp Member | 2025-08-01 | Nov 1978 | — |
| COOPER, Linsdey Jane | Llp Member | 2025-08-11 | Aug 1967 | — |
| CURR, Gavin James | Llp Member | 2025-04-11 | Dec 1989 | — |
| DAY, Rohan Christian | Llp Member | 2019-03-01 | Jul 1976 | — |
| DEAN, Andrew David | Llp Member | 2019-03-01 | Aug 1969 | — |
| DEEMING, Hayley Anne | Llp Member | 2025-08-01 | Mar 1981 | — |
| DIMITROVICH, Tania | Llp Member | 2026-04-01 | Oct 1980 | — |
| DYER, Elaine Marie | Llp Member | 2025-04-04 | Mar 1964 | — |
| DYER, Ewen Fearghas Craw | Llp Member | 2025-04-04 | Jun 1968 | — |
| FRASER, James Andrew | Llp Member | 2025-04-24 | Apr 1982 | — |
| GOLD, David Robert | Llp Member | 2023-01-18 | Jun 1962 | — |
| GRAHAM, Lauren Victoria | Llp Member | 2026-04-01 | Feb 1989 | — |
| GREEN, Stephen James | Llp Member | 2025-08-11 | Jan 1971 | — |
| HALLIDAY, Patricia | Llp Member | 2025-04-04 | Jun 1966 | — |
| HAYES, Lee James | Llp Member | 2025-08-01 | Oct 1971 | — |
| HILL, Rodger David | Llp Member | 2025-08-01 | Aug 1971 | — |
| HOLDSWORTH, Philip Neil | Llp Member | 2024-04-29 | Jan 1974 | — |
| JOHNSTON, Martin | Llp Member | 2026-04-01 | Apr 1983 | — |
| JONES, David Robert | Llp Member | 2026-04-01 | Mar 1987 | — |
| LEWIS, Jonathan Richard | Llp Member | 2025-10-01 | Oct 1984 | — |
| MACCAIG, Duncan Peter | Llp Member | 2025-04-11 | Oct 1986 | — |
| MCCULLOUGH, Stephen Michael | Llp Member | 2025-08-01 | Jan 1971 | — |
| MCGARVIE, Greig Alexander Barker | Llp Member | 2025-04-04 | Jul 1978 | — |
| MCRAE, Mark | Llp Member | 2025-04-04 | Feb 1974 | — |
| MILLER, Morag Elizabeth | Llp Member | 2025-08-01 | Sep 1968 | — |
| MORRIS, Michael James | Llp Member | 2024-02-12 | Jul 1974 | — |
| OSBOURNE, Matthew Lee | Llp Member | 2019-03-01 | Feb 1980 | — |
| POLES, Graham | Llp Member | 2026-01-29 | May 1969 | — |
| POOLE, Andrew Arthur | Llp Member | 2019-03-01 | Apr 1978 | — |
| REAH, Christopher | Llp Member | 2023-01-18 | Aug 1967 | — |
| REID, Craig John | Llp Member | 2025-10-01 | Sep 1982 | — |
| RICHMOND, David Andrew | Llp Member | 2019-03-01 | Oct 1962 | — |
| ROBINSON, Andrew Craig | Llp Member | 2017-01-25 | Aug 1972 | — |
| ROBINSON, Helen Elizabeth | Llp Member | 2025-07-01 | Sep 1978 | — |
| ROWSON, Gary James | Llp Member | 2025-06-02 | Oct 1965 | — |
| RUDKIN, Brian John | Llp Member | 2026-04-01 | Apr 1970 | — |
| RUSSELL, Douglas Mackenzie | Llp Member | 2019-03-01 | Oct 1964 | — |
| RUSSELL, Paul | Llp Member | 2026-04-15 | Jan 1981 | — |
| SQUIRE, David John | Llp Member | 2019-03-01 | Mar 1969 | — |
| TENBY, Mark Lewis | Llp Member | 2025-04-04 | Dec 1968 | — |
| THOMSON, Karen Anne | Llp Member | 2025-08-01 | Oct 1971 | — |
| THRELKELD, David John | Llp Member | 2018-01-01 | Apr 1976 | — |
| THWAITES, Russell John | Llp Member | 2026-01-29 | Jan 1972 | — |
| TURNER, Simon Martin | Llp Member | 2020-10-01 | Feb 1984 | — |
| WARWICK, Daryl | Llp Member | 2019-03-01 | Sep 1974 | — |
| WILLIAMS, Steven John | Llp Member | 2025-08-01 | Jun 1974 | — |
| WILSON, David Anthony | Llp Member | 2025-08-11 | Jul 1976 | — |
| ARMSTRONG WATSON AUDIT HOLDINGS LIMITED | Corporate Llp Member | 2022-11-18 | — | — |
| ARMSTRONG WATSON FINANCIAL PLANNING LTD | Corporate Llp Member | 2022-11-18 | — | — |
Show 24 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JOHNSTON, Alan James, Canon | Llp Designated Member | 2017-01-25 | 2018-05-01 |
| ASKEW, Richard | Llp Member | 2019-03-01 | 2023-02-01 |
| BOOTH, William John | Llp Member | 2019-03-01 | 2019-03-31 |
| CLARK, Paul Martin | Llp Member | 2026-03-03 | 2026-03-24 |
| CLIFFORD-PERKINS, Glenn | Llp Member | 2019-03-01 | 2025-03-31 |
| DURIE, John | Llp Member | 2019-03-01 | 2022-01-11 |
| FRASER, James Andrew | Llp Member | 2025-04-01 | 2025-04-24 |
| GIBSON, Richard James | Llp Member | 2019-03-01 | 2024-09-30 |
| HINDMOOR, Tony | Llp Member | 2024-04-29 | 2024-09-30 |
| KENNON, Andrew George | Llp Member | 2019-03-01 | 2021-08-07 |
| KNAGGS, Martin John | Llp Member | 2021-07-01 | 2024-09-30 |
| LIGHTFOOT, Iain | Llp Member | 2019-10-31 | 2023-01-04 |
| LOCKHART, James Alexander | Llp Member | 2019-03-01 | 2023-09-30 |
| MACKIE, Sandra Crichton | Llp Member | 2024-10-18 | 2025-07-31 |
| MEAKIN, James Samuel | Llp Member | 2019-03-01 | 2024-08-01 |
| MITCHELL, Andrew Stephen | Llp Member | 2019-03-01 | 2020-10-30 |
| MOLYNEUX, Peter Charles | Llp Member | 2019-03-01 | 2020-03-31 |
| PARKHILL, Annie Lindsay | Llp Member | 2024-10-18 | 2026-01-12 |
| PINGUEY, Steven | Llp Member | 2019-03-01 | 2019-03-31 |
| POLES, Graham | Llp Member | 2019-03-01 | 2026-01-28 |
| RANSON, Mark Nicholas | Llp Member | 2019-03-01 | 2020-12-31 |
| SMITH, Grant Peter | Llp Member | 2019-03-01 | 2023-11-27 |
| STANGER, Mark John | Llp Member | 2024-04-29 | 2025-09-30 |
| THWAITES, Russell John | Llp Member | 2024-04-29 | 2026-01-28 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 148 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-28 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2026-04-28 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2026-04-10 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2026-04-10 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2026-04-10 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2026-04-10 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2026-04-10 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2026-03-24 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2026-03-16 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2026-02-07 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2026-02-03 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-31 | LLCH02 | officers | Change corporate member limited liability partnership with name change date | |
| 2026-01-31 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2026-01-31 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2026-01-31 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2026-01-30 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2026-01-30 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2026-01-14 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2026-01-06 | AA | accounts | Accounts with accounts type full | |
| 2025-12-13 | LLCH01 | officers | Change person member limited liability partnership with name change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 0
- Officers appointed
- 26
- Officers resigned
- 6
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
+25.6%
£23,870,524 £29,992,346
-
Cash
-17.3%
£1,744 £1,443
-
Net assets
+31%
£6,245,375 £8,181,976
-
Employees
+19.6%
470 562
-
Operating profit
+29.3%
£6,150,234 £7,954,673
-
Profit before tax
+30.3%
£5,891,528 £7,673,787
-
Wages
-16.3%
£22,006,152 £18,424,929
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