MORRIS & SPOTTISWOOD LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-02 (in 1y)
Last made up 2026-04-18
Watchouts
None on the register
Cash
£23M
+70.2% vs 2023
Net assets
£14M
+14.3% vs 2023
Employees
562
+25.2% vs 2023
Profit before tax
£5M
+70.2% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £128,029,974 | £172,506,412 | |
| Operating profit | £2,501,633 | £4,724,973 | |
| Profit before tax | £2,781,780 | £4,735,567 | |
| Net profit | £889,620 | £2,931,218 | |
| Cash | £13,623,564 | £23,193,738 | |
| Total assets less current liabilities | £20,967,830 | £20,635,981 | |
| Net assets | £12,339,216 | £14,103,695 | |
| Equity | £12,339,216 | £14,103,695 | |
| Average employees | 449 | 562 | |
| Wages | £26,863,175 | £35,717,066 |
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 | 2.0% | 2.7% | |
| Net margin | 0.7% | 1.7% | |
| Return on capital employed | 11.9% | 22.9% | |
| Gearing (liabilities / total assets) | 80.5% | 82.6% | |
| Current ratio | 1.05x | 1.05x | |
| Interest cover | 12.02x | 34.64x |
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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Cash flow projections up to the end of 2026 demonstrate the ability to meet working capital requirements from reserves with a reasonable level of headroom therefore allowing the financial statements to be prepared on a going concern basis.”
Group structure
- MORRIS & SPOTTISWOOD LIMITED · parent
- Lled Construction 100%
- McLennan Partnership Limited 100%
- Crosbie Developments Limited 100%
- CRBN Solutions Limited 100%
- Morris & Spottiswood Building Services Limited 100%
- Livingston Building Services Limited 100%
- Inspire Spaces (FF&E) Limited 100%
Significant events
- “In October 2024 the group recruited over 100 employees from ISG Retail Limited after it fell into administration. This included the senior management team and helped further establish Morris & Spottiswood Limited in the South of England.”
- “During the year the Group added additional service to the portfolio including an in-house bespoke joinery service, a startup FF&E company, Inspire Spaces (FF&E) Limited, as well as the acquisition of JB Engineering Limited, a specialist provider of offsite fabrication services acquired by Livingston Building Services Limited.”
- “Livingston Building Services Limited, a subsidiary of Morris & Spottiswood Limited, acquired 100% of J B Engineering Limited (SC313514) on 29th October 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 25 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROWN, Paul | Secretary | 2020-01-01 | — | — |
| BROWN, Paul | Director | 2020-01-01 | Sep 1971 | British |
| DUNWELL, Jonathan Stuart | Director | 2016-08-31 | Mar 1974 | British |
| MORRIS, George | Director | 1989-06-01 | Dec 1964 | British |
| MORRIS, Jacqueline Anne | Director | 2017-04-01 | Jun 1966 | British |
Show 25 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HENDRY, David James | Secretary | 2000-10-23 | 2020-01-01 |
| LEASK, James Aldo | Secretary | 1996-12-02 | 2000-08-31 |
| MACRAE, Carol Margaret | Secretary | — | 1990-05-15 |
| MARSHALL, Alexander | Secretary | 1990-05-15 | 1996-09-26 |
| MORRIS, Ian Ramsay | Secretary | — | 1990-05-14 |
| ANDREW, James Graham | Director | 1998-02-02 | 2007-05-31 |
| BENNETT, Douglas | Director | 2007-06-05 | 2016-02-12 |
| BOWNES, Ian John Patrick | Director | 1999-02-01 | 2002-09-02 |
| CRAWFORD, Robert Rennie | Director | — | 1989-09-30 |
| HENDRY, David James | Director | 2000-10-23 | 2020-01-01 |
| LEASK, James Aldo | Director | 1996-12-02 | 2000-08-31 |
| MAGINNIS, John Campbell | Director | — | 1996-09-26 |
| MARSHALL, Alexander | Director | 1992-04-10 | 1996-09-26 |
| MCALPINE, David | Director | 2000-03-10 | 2011-09-30 |
| MORRIS, Alan Gilbert | Director | 1996-09-26 | 2001-01-11 |
| MORRIS, Ian Ramsay | Director | 1996-09-26 | 2019-09-11 |
| MORRIS, Janet Stanners | Director | — | 2002-10-31 |
| MORRIS, Valerie Anne | Director | — | 2001-08-31 |
| MUIR, Carol Margaret | Director | — | 2001-08-31 |
| PATERSON, James | Director | — | 1990-12-21 |
| PEGGIE, Jane Margaret | Director | 2011-11-01 | 2017-08-01 |
| RENNIE, Allan | Director | 1989-06-01 | 1991-01-31 |
| ROAN, Paul | Director | 2016-08-31 | 2017-10-06 |
| SAXTON, Christopher Anthony | Director | 2007-06-05 | 2011-12-19 |
| SOTO, Luis | Director | 1996-11-01 | 1999-11-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Morris & Spottiswood Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-02-05 | Active |
| Mr George Morris | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Ceased 2024-02-05 |
| Mrs Jane Margaret Peggie | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2019-08-09 |
Filing timeline
Last 20 of 213 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-01-08 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-23 | SH03 | capital | Capital return purchase own shares | |
| 2025-10-22 | SH06 | capital | Capital cancellation shares | |
| 2025-06-25 | AA | accounts | Accounts with accounts type group | |
| 2025-05-19 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-04-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-28 | AD02 | address | Change sail address company with old address new address | |
| 2025-03-31 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-03-10 | CH01 | officers | Change person director company with change date | |
| 2025-03-07 | CH01 | officers | Change person director company with change date | |
| 2024-09-06 | AA | accounts | Accounts with accounts type group | |
| 2024-04-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-02-21 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-02-21 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-01-13 | SH08 | capital | Capital name of class of shares | |
| 2024-01-13 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-01-08 | RESOLUTIONS | resolution | Resolution | |
| 2023-09-26 | AA | accounts | Accounts with accounts type group | |
| 2023-04-18 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 2
- 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
+34.7%
£128,029,974 £172,506,412
-
Cash
+70.2%
£13,623,564 £23,193,738
-
Net assets
+14.3%
£12,339,216 £14,103,695
-
Employees
+25.2%
449 562
-
Operating profit
+88.9%
£2,501,633 £4,724,973
-
Profit before tax
+70.2%
£2,781,780 £4,735,567
-
Wages
+33%
£26,863,175 £35,717,066
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