DON & LOW LIMITED — The Accounts

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-05-17 (in 1y)

Last made up 2026-05-03

Watchouts

None on the register

Cash

£15M

-24.7% vs 2023

Net assets

£59M

-15.1% vs 2023

Employees

344

-4.7% vs 2023

Profit before tax

-£8M

-157.2% vs 2023

Name history

Renamed 2 times since incorporation

DON & LOW LIMITED 1997-10-01 → present
DON & LOW (HOLDINGS) LIMITED 1987-04-30 → 1997-10-01
DON BROTHERS BUIST PLC 1904-07-06 → 1987-04-30

Net assets

2-year trend · vs Consumer Discretionary median

DON & LOW LIMITED·Consumer Discretionary median · n=5592

Accounts

2-year trend · latest reflected 2024-12-31

Metric	2023-12-31	2024-12-31
Turnover	£56,950,000	£55,834,000
Operating profit	-£3,349,000	-£8,518,000
Profit before tax	-£3,189,000	-£8,203,000
Net profit	-£1,118,000	-£6,854,000
Cash	£19,483,000	£14,663,000
Total assets less current liabilities	£78,653,000	£64,459,000
Net assets	£69,447,000	£58,952,000
Equity	£69,447,000	£58,952,000
Average employees	361	344
Wages	£12,394,000	£12,868,000

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	2023-12-31	2024-12-31
Operating margin	-5.9%	-15.3%
Net margin	-2.0%	-12.3%
Return on capital employed	-4.3%	-13.2%
Gearing (liabilities / total assets)	21.9%	23.1%
Current ratio	4.21x	3.30x
Interest cover	-8.09x	-24.55x

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: IFRS
Reporting scope: Consolidated group
Auditor: Ernst & Young LLP
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“Having assessed the principal risks and the other matters discussed in the annual report, the directors considered it appropriate to adopt the going concern basis of accounting in preparing its consolidated financial statements.”

Group structure

DON & LOW LIMITED · parent
1. Don & Low (Holdings) Limited 1% · Scotland · Dormant
2. Don & Low Nonwovens Limited 1% · Scotland · Dormant

Significant events

“On 16 June 2023 the High Court in England issued a ruling in respect of Virgin Media v NTL Pension Trustees II Limited calling into question the validity of certain rule amendments made to defined benefit pension schemes which were contracted-out between 6 April 1997 and 5 April 2016.”

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

People

7 active · 34 resigned

Name	Role	Appointed	Born	Nationality
JOHNSON, Colin James	Secretary	2008-09-01	—	British
CAMPBELL, William David Sandeman	Director	2026-01-19	Mar 1988	British
CHALIORIS, Konstantinos	Director	1999-09-21	Sep 1962	Greek
DIMIOU, Athanasios	Director	2025-04-11	Mar 1963	Greek
JOHNSON, Colin James	Director	2008-09-01	May 1969	British
KARAGEORGIOU, Christos	Director	2025-02-12	Apr 1971	Greek
MALAMOS, Dimitrios	Director	2022-03-29	Feb 1976	Greek

Show 34 resigned officers

Name	Role	Appointed	Resigned
BAXTER, William Stewart	Secretary	1995-06-01	1999-11-01
DUFFY, Stephen	Secretary	1999-11-01	2008-09-01
HOWIE, Stuart Lickley	Secretary	—	1990-09-28
WARD, Kenneth Duncan	Secretary	1990-09-28	1995-05-31
ANDROUTSOPOULOS, Nicos	Director	2000-09-13	2003-09-17
BAXTER, William Stewart	Director	1997-09-16	2000-10-31
BENNIE, Stephen Allan	Director	2010-10-20	2015-12-31
COWAN, Guy Michael	Director	1996-05-04	1997-02-07
CROMBIE, Graeme Henry	Director	1992-11-04	1994-03-31
DEWICK, Graham	Director	1993-12-14	2003-05-07
DUFFY, Stephen	Director	1999-07-12	2015-12-31
DUNN, Robert	Director	1997-09-16	2007-12-31
FOOTITT, Graham Lawrence	Director	1994-04-28	1995-03-31
GALLOWAY, Keith William	Director	2016-04-26	2024-03-31
GELLATLY, Duncan Alexander	Director	2009-11-02	2010-04-05
GOURLAY, Ernest Smart	Director	—	1989-12-31
GRINYER, Peter Hugh	Director	—	1991-08-15
HASLAM, Christopher Nigel Culloden	Director	—	1990-05-04
HENKES, Evert	Director	—	1992-11-04
KNEESHAW, Robert	Director	1997-02-07	1999-09-09
LOW, Peter Soutar	Director	—	1991-04-26
LOW, William Barclay	Director	1997-09-16	2000-05-31
LOW, William	Director	—	1989-10-27
MACCALLUM, Alasdair Norman	Director	—	2001-01-26
NEWSTEAD, Mark Henry Peter	Director	2017-04-24	2017-10-23
PANTZOPOULOS, Stefanos	Director	1999-09-21	2000-10-25
PETRIE, David	Director	1997-09-16	2001-10-30
RAISER, Malcolm Lewis	Director	1989-07-21	1992-04-22
REID, Martin Graham	Director	2008-09-01	2012-04-30
ROSSI, Giuseppe	Director	1999-09-21	2003-05-07
SHORT, Paul Anthony	Director	2008-09-01	2010-03-23
STOTVIG, Steinar	Director	1999-10-12	2000-07-01
WARD, Kenneth Duncan	Director	—	1995-05-31
ZAIROPOULOS, Vasilios	Director	2014-11-21	2025-01-22

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Thrace Plastics Co Sa	Corporate entity	Shares 75–100%	2016-04-06	Active

Filing timeline

Last 20 of 217 total filings

Date	Type	Category	Description
2026-05-06	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2026-05-06	CH01	officers	Change person director company with change date	PDF
2026-01-27	AP01	officers	Appoint person director company with name date	PDF
2025-09-23	AA	accounts	Accounts with accounts type group
2025-05-05	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-04-11	AP01	officers	Appoint person director company with name date	PDF
2025-02-18	AP01	officers	Appoint person director company with name date	PDF
2025-01-22	TM01	officers	Termination director company with name termination date	PDF
2024-10-01	AA	accounts	Accounts with accounts type group
2024-05-03	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2024-04-01	TM01	officers	Termination director company with name termination date	PDF
2023-09-21	AA	accounts	Accounts with accounts type group
2023-05-05	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2022-09-27	AA	accounts	Accounts with accounts type group
2022-05-04	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2022-03-29	AP01	officers	Appoint person director company with name date	PDF
2021-09-22	AA	accounts	Accounts with accounts type group
2021-05-03	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2020-09-24	AA	accounts	Accounts with accounts type group
2020-05-14	CS01	confirmation-statement	Confirmation statement with updates	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 5
Capital events: 0
Officers appointed: 1
Officers resigned: 0

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

-2%

£56,950,000 £55,834,000
Cash

-24.7%

£19,483,000 £14,663,000
Net assets

-15.1%

£69,447,000 £58,952,000
Employees

-4.7%

361 344
Operating profit

-154.3%

-£3,349,000 -£8,518,000
Profit before tax

-157.2%

-£3,189,000 -£8,203,000
Wages

+3.8%

£12,394,000 £12,868,000

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

Official Companies House page