D.STEWART & SON, LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. D.STEWART & SON, LIMITED 2008-06-23 → present
2. D.STEWART & SONS,LIMITED 1916-02-02 → 2008-06-23

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

Auditor

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Significant events

• “Overall, we delivered an operating profit of £280k, up from an operating loss of £135k prior year. Loss before tax has reduced from £502k prior year to £46k for this financial year.”
• “Company liquidity improved slightly during the year... All bank loans were refinanced with Santander during the year which extended the loan profile, reducing annual capital repayments by c£300k. A £2.8m loan will be amortised over a 14.5-year profile and a £0.35m loan over a 5-year profile.”
• “Following an independent valuation undertaken during the year, the company has seen a strong uplift in valuation of the Abbey garden centre, however we have reduced the carrying value of the Nursery due to the considered limited market for freehold glasshouses. The impact is a £300k reduction on the balance sheet.”
• “The loan refinancing completed during FY25 has eased the debt repayment burden, with capital repayments reduced by c£300k per annum.”
• “The fair value of the company's freehold Land and buildings was revalued on 24 April 2024 by an independent valuer.”

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

Filings

8

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

  +4.9%

  £15,327,521 → £16,083,477

• Cash

  +43.2%

  £21,296 → £30,506

• Net assets

  -2.7%

  £10,335,860 → £10,052,467

• Employees

  +4.1%

  270 → 281

• Operating profit

  +307%

  -£135,464 → £280,443

• Profit before tax

  +90.8%

  -£502,274 → -£46,267

• Wages

  +2.1%

  £4,944,065 → £5,049,835

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