BARNAGORE JUTE FACTORY PLC(THE)

• ⚠

  Confirmation statement overdue

  Due 2026-01-14.

• ◆

  Audit opinion: Disclaimer of opinion

  Latest auditor's report carried a non-clean opinion.

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PSJ Alexander & Co

Audit opinion

Disclaimer of opinion

Going concern

Affirmed

“The directors have prepared the financial statements on a going concern basis the validity of which is dependent upon the continued financial support from the principal and the majority shareholders and their related group of Companies to enable the Company to continue trading and pay all its debts as and when they fall due. The Company has formally received assurances of financial support, if necessary, in the foreseeable future from the promoter Company, Namokar Vinimay Pvt. Ltd, that the majority shareholder has sufficient resources readily available to provide the required support.”

Significant events

• “disputed claim of Jute Corporation of India is pending for decision of the Sole Arbitrator which is adequately covered.”
• “claims against former related parties and shareholder: Bhattar, an ex-director/shareholder, and LLP. Two previous directors of the Company, and one previous shareholder and C. Choudhary along with one minority Company, holding office of the Company, filed a case against the Company, Namokar Vinimay Pvt. Limited, and Namokar Vinimay Pvt. Limited, challenging the procedure of their own resignation from the office of the Company, and also matters related to forfeiture of shares. In an appeal against the Order of the High Court of Justice dated 11 February 2009, the Supreme Court per Order decreed a cost of £344,622 to be paid to those accused persons and imposed a penalty of £100,000. The company has filed an execution petition against the Company's funds on the plea of payment of advocates and also such other causes.”

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

Filings

1

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.

• Turnover

  -17.5%

  £17,925,370 → £14,785,132

• Cash

  -6.8%

  £11,000,880 → £10,251,673

• Net assets

  -1.9%

  £11,769,103 → £11,547,432

• Employees

  -13.2%

  1,693 → 1,470

• Operating profit

  -29.4%

  £523,266 → £369,394

• Profit before tax

  -26.8%

  £528,222 → £386,773

• Wages

  -15.1%

  £2,296,500 → £1,949,194

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers