THE STOVE NETWORK LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-12-22 (in 7mo)
Last made up 2025-12-08
Watchouts
Cash
£147K
-40.3% vs 2024
Net assets
£378K
-20.8% vs 2024
Employees
21
+23.5% vs 2024
Profit before tax
—
Period ending 2025-03-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 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 Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £948,831 | £746,132 | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | £107,328 | -£99,353 | |
| Cash | £245,848 | £146,816 | |
| Total assets less current liabilities | £476,869 | £377,516 | |
| Net assets | £476,869 | £377,516 | |
| Equity | £476,869 | £377,516 | |
| Average employees | 17 | 21 | |
| Wages | £377,050 | £443,997 |
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 |
|---|---|---|---|
| Net margin | 11.3% | -13.3% | |
| Gearing (liabilities / total assets) | 19.0% | 16.9% | |
| Current ratio | 4.32x | 4.46x |
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
- Farries, Kirk and McVean
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis as the Trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditure for the next 12 months from authorising these financial statements. The forecast income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.”
Group structure
- THE STOVE NETWORK LIMITED · parent
- The Stove Network (Trading) Limited 100%
Significant events
- “This year has been one of renewal, growth and renewed confidence for The Stove.”
- “successful launch of the Print House at Midsteeple Quarter - a bold new community print studio and workshop space.”
- “Multi-Year Funding from Creative Scotland, securing core support for The Stove through to 2028.”
- “In February 2025, our founding CEO, Matt Baker, announced his decision to step down at the end of June 2025 after fourteen years leading The Stove.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 39 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SMITH, Lindsey Joanne | Secretary | 2021-12-06 | — | — |
| BARNACLE-BEST, Jodie | Director | 2022-05-05 | Oct 1997 | British |
| GORDZIEJKO, Teresa Margaret Jane | Director | 2023-04-01 | Oct 1956 | British |
| HEPBURN, Andrew Stewart | Director | 2026-04-21 | May 1964 | Scottish |
| JUDGE, Erica Jennifer | Director | 2023-10-27 | Mar 1971 | British |
| O'NEILL, Martin | Director | 2025-10-17 | Jul 1990 | Scottish |
| ROONEY, Graham Kirk | Director | 2025-03-29 | Apr 1979 | Scottish |
| SMITH, Lindsey Joanne | Director | 2025-03-29 | Mar 1977 | Scottish |
| WHEELER, Katharine Rhiannon | Director | 2025-10-17 | Nov 1979 | Scottish |
| WOOD-GEE, Chris | Director | 2024-11-02 | Feb 1958 | British |
Show 39 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ADAMS, Sheila Ann | Secretary | 2013-04-23 | 2013-11-05 |
| BAKER, Matthew | Secretary | 2021-02-08 | 2021-03-22 |
| BOYD, Sheena Kempock | Secretary | 2021-03-22 | 2021-12-05 |
| WATSON, Ailsa | Secretary | 2014-06-27 | 2021-02-08 |
| BAKER, Matthew Alister Patrick | Director | 2025-03-29 | 2025-10-16 |
| BAKER, Matthew Alister Patrick | Director | 2011-11-21 | 2013-05-08 |
| BLACK, Leah | Director | 2013-05-08 | 2016-04-05 |
| BLAMIRE, Zoe Dora Fabian | Director | 2013-05-08 | 2014-03-13 |
| BONAVENTURA, Michael | Director | 2013-05-08 | 2019-12-12 |
| CAIRD, Juliet Jennifer | Director | 2016-11-16 | 2019-05-22 |
| COMERFORD, Michael Brendan | Director | 2018-04-19 | 2024-12-05 |
| DENERLEY, John David | Director | 2020-03-11 | 2022-12-09 |
| DONALD, Karen Linsay | Director | 2014-10-17 | 2019-05-22 |
| DOYLE, Belle, Dr | Director | 2013-05-08 | 2014-03-13 |
| FISKE, Tina Louise | Director | 2016-01-21 | 2022-02-22 |
| FITZPATRICK, Leslie Anthony | Director | 2017-05-16 | 2024-07-31 |
| GUNN, Melissa Roberta | Director | 2015-11-19 | 2017-10-30 |
| HILL, Nicola | Director | 2018-06-07 | 2022-02-22 |
| HUNTER, Andrew John Grant | Director | 2013-05-08 | 2013-11-07 |
| JOHNSTON, Andrew | Director | 2023-04-01 | 2024-07-30 |
| JONES, Philip Neville | Director | 2013-05-08 | 2013-11-07 |
| MACLACHLAN, Mark | Director | 2011-11-21 | 2012-11-23 |
| MARSHALL, Will Levi | Director | 2011-11-21 | 2013-05-08 |
| MCCANN, Carole Helen Scott | Director | 2016-11-16 | 2018-11-02 |
| MCIVER, Scott | Director | 2014-06-27 | 2016-11-08 |
| MOLLOY, Heather Kate | Director | 2022-05-05 | 2024-07-31 |
| MURRAY, Fiona | Director | 2020-03-11 | 2022-12-09 |
| OLIPHANT, Linny Marie | Director | 2019-12-12 | 2025-11-19 |
| PATERSON, Morag Catherine | Director | 2016-11-16 | 2018-10-11 |
| POLLOCK, Venda Louise | Director | 2014-12-11 | 2023-10-31 |
| ROMANAWSKA, Katarzyna | Director | 2020-03-11 | 2022-12-10 |
| RUSSELL, Jimmy | Director | 2018-04-19 | 2022-02-22 |
| SMITH, David Grant | Director | 2014-03-17 | 2016-11-16 |
| SMITH, Lynsey Anne | Director | 2021-12-06 | 2025-11-19 |
| SMYTH, Fiona Suzanne | Director | 2013-05-08 | 2016-11-16 |
| SMYTH, Magnus Drever | Director | 2014-03-17 | 2017-02-22 |
| WALKER, Calum | Director | 2024-07-28 | 2024-11-02 |
| WARD, Andrew John | Director | 2014-03-17 | 2017-02-13 |
| WHITTICASE, Derek Francis | Director | 2016-11-16 | 2021-02-22 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 134 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-12-05 MA Memorandum articles
- 2024-12-05 CC04 Statement of companys objects
- 2024-12-05 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-29 | AA | accounts | Accounts with accounts type group | |
| 2025-12-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-10 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-06 | AA | accounts | Accounts with accounts type group | |
| 2024-12-05 | MA | incorporation | Memorandum articles | |
| 2024-12-05 | CC04 | change-of-constitution | Statement of companys objects | |
| 2024-12-05 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-15 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-15 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-09 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 3
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
-21.4%
£948,831 £746,132
-
Cash
-40.3%
£245,848 £146,816
-
Net assets
-20.8%
£476,869 £377,516
-
Employees
+23.5%
17 21
-
Wages
+17.8%
£377,050 £443,997
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