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Next accounts due

2026-06-30 (in 1mo)

Last filed for 2024-09-30

Confirmation statement due

2026-12-01 (in 7mo)

Last made up 2025-11-17

Watchouts

None on the register

Cash

£2M

+12.9% vs 2023

Net assets

£6M

-3.6% vs 2023

Employees

57

-3.4% vs 2023

Profit before tax

£338K

-80.3% vs 2023

Accounts

2-year trend · latest reflected 2024-09-30

Metric Trend 2023-09-302024-09-30
Turnover £22,379,369£14,556,813
Operating profit £1,772,852£348,377
Profit before tax £1,710,970£337,875
Net profit £1,321,266£257,004
Cash £1,691,637£1,909,810
Total assets less current liabilities £6,884,367£6,704,266
Net assets £6,711,116£6,468,120
Equity £6,711,116£6,468,120
Average employees 5957
Wages £2,154,407£1,950,968

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 2023-09-302024-09-30
Operating margin 7.9%2.4%
Net margin 5.9%1.8%
Return on capital employed 25.8%5.2%
Gearing (liabilities / total assets) 41.6%35.1%
Current ratio 1.94x2.24x
Interest cover 25.87x10.22x

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
Azets Audit Services
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the group 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.”

Group structure

  1. CALVEX LIMITED · parent
    1. Profins Limited 100% · Edinburgh · Manufacturing and distribution of tubing for heat exchanger
    2. Profins Sp z.o.o. 75% · Biecz · Manufacturing and distribution of tubing for heat exchangers
    3. Calvex Sp z.o.o. 100% · Warszawa · Property holding

Significant events

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

People

7 active · 4 resigned

Name Role Appointed Born Nationality
BRODIES SECRETARIAL SERVICES LIMITED Corporate Secretary 2001-11-12
BYERS, Stephen Andrew Director 2014-04-01 Feb 1966 British
WATT, Arthur Alexander Director 2021-01-01 May 1940 British
WATT, Iain James Director 2007-09-29 Jun 1982 British
WATT, Judith Mary Director 2007-09-29 Jul 1957 British
WATT, Morven Rose Director 2007-09-29 Mar 1988 British
WATT, William Forbes Director 2007-09-29 Jul 1984 British
Show 4 resigned officers
Name Role Appointed Resigned
BRODIES WS Corporate Nominee Secretary 1997-11-19 2001-11-12
CAMPBELL, Alistair Carnegie Nominee Director 1997-11-19 1998-02-06
VOGE, Julian Cecil Arthur Director 1997-11-19 1998-02-06
WATT, Arthur Alexander Director 1998-02-06 2010-03-15

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Arthur Alexander Watt Individual Shares 25–50%, Voting 25–50% 2016-04-06 Active

Filing timeline

Last 20 of 128 total filings

Date Type Category Description
2025-11-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-05-30 AA accounts Accounts with accounts type group
2024-11-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-05-14 AA accounts Accounts with accounts type group
2023-11-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-06-22 AA accounts Accounts with accounts type group
2022-11-21 CH01 officers Change person director company with change date PDF
2022-11-21 CH01 officers Change person director company with change date PDF
2022-11-21 PSC04 persons-with-significant-control Change to a person with significant control PDF
2022-11-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-06-10 AA accounts Accounts with accounts type group
2022-02-16 CH01 officers Change person director company with change date PDF
2022-02-16 AD01 address Change registered office address company with date old address new address PDF
2022-01-21 CH04 officers Change corporate secretary company with change date PDF
2021-12-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-06-10 AA accounts Accounts with made up date
2021-02-10 PSC04 persons-with-significant-control Change to a person with significant control PDF
2021-02-10 CH01 officers Change person director company with change date PDF
2021-01-05 AP01 officers Appoint person director company with name date PDF
2020-11-20 CS01 confirmation-statement Confirmation statement with updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

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 2024-09-30 vs 2023-09-30

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