FAYERS PLUMBING & BUILDING SUPPLIES LIMITED

1. FAYERS PLUMBING & BUILDING SUPPLIES LIMITED 2012-12-27 → present
2. DURSTON (UK) LIMITED 1996-11-06 → 2012-12-27
3. W. FAYERS & SONS LIMITED 1923-02-03 → 1996-11-06

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

BK Plus Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Financial Statements have been prepared on a going concern basis. The Directors have considered relevant information, including the annual budget, forecast future cash flows and the impact of subsequent events in making their assessment. Based on these assessments and having regard to the resources available to the entity, the Directors have concluded that there is no material uncertainty. At the time of approving the financial statements, the directors have a reasonable expectation that the company 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.”

Significant events

• “2024 saw a y-o-y increase in total sales by 18%, however, gross profit margin decreased by 3.7% demonstrating the overall tougher trading conditions and competition.”
• “The plumbing and sanitary ware contracts market was significantly more aclive than 2023 with a 42.6% increase in revenue.”
• “The market still have concerns regarding the financial stability of some of the very large main contractors which is well founded when considering construction giant ISG collapsed into administration.”
• “Online trading saw a 2.2% increase in revenue, buy margins were slightly down by 0.5%.”
• “Personnel costs have increased significantly due to the governments National Insurance Contribution increases along with the minimum wage increases.”
• “Overall, a loss has been reported for the year.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +17.6%

  £10,879,601 → £12,791,981

• Cash

  -56.4%

  £1,007,712 → £439,087

• Net assets

  -10.1%

  £2,351,856 → £2,115,466

• Employees

  -5.3%

  57 → 54

  lowest in 4 filed years

• Operating profit

  -555.9%

  £51,621 → -£235,315

  lowest in 4 filed years

• Profit before tax

  -516.1%

  £56,810 → -£236,390

  lowest in 4 filed years

• Wages

  +4%

  £1,639,871 → £1,705,561

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