FALKLAND ISLANDS COMPANY LIMITED

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 101

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“A positive going concern assessment at a Group level covering a period to 31st March 2027, including potential downside scenarios to the base case forecast, provide additional assurance to the Company regarding support from the parent company. For these reasons, the going concern basis has been adopted in preparing the financial statements.”

Significant events

• “The majority of the reduction was in the construction division, where the completion of the contract to build a total of 70 houses for the Falkland Islands Government ("FIG") and the Ministry of Defence ("MOD") was disrupted by changes in management earlier in the year, adverse weather conditions, and a lack of power on the MOD Mount Pleasant Complex ("MPC").”
• “The loss before tax of £8.6 million (2024: £0.6 million profit) was predominantly due to the 70 house project for FIG and the MOD incurring power-related disruption costs and increased costs to complete.”

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

Filings

3

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

  -42.7%

  £28,799,000 → £16,511,000

• Cash

  -5.7%

  £2,448,000 → £2,309,000

• Net assets

  -131.1%

  £4,961,000 → -£1,544,000

• Employees

  -8%

  224 → 206

• Operating profit

  -1,328%

  £692,000 → -£8,498,000

• Profit before tax

  -1,515.9%

  £605,000 → -£8,566,000

• Wages

  -9.2%

  £7,163,000 → £6,501,000

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