JOHN HARGREAVES,(COLLYHURST AND STALYBRIDGE)LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As a result of the above, the directors believe that it is appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “On 28th October 2024, Palm Paper Limited acquired 100% of the share capital of the company.”
• “The financial period end was changed to end on the 31 December of each year to align with Palm Paper Limited financial year, which equates to the calendar year.”
• “On 28th October 2024, the company was acquired as a going concern by Palm Paper Limited, whose ultimate parent company is Palm Papier GmbH & Co. KG.”
• “Dividends totalling £28,700 (12m to 31 March 2024 - £248,737) were declared in the period in respect of shares held by the company's directors, prior to Palm Paper Limited's acquisition of the company on 28 October 2024.”
• “As a result of the transaction detailed in note 24, the long-term loans in place at the previous reporting date were settled during the period and the associated charges registered have all been satisfied.”
• “On 25 October 2024, the company instigated a share buyback, resulting in the cancellation of all C-H ordinary shares.”
• “The following prior period errors have been corrected by restating the comparative amounts in which the error occurred. These are as follows: Incorrect depreciation of tangible fixed assets in the prior periods was provided. A power contract was signed in January 2023 which became onerous in the year to 31 March 2024 as prices fell significantly below the contracted price. Tooling for machinery was incorrectly being carried in stocks unamortised. These have been fully written down.”

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

Filings

5

last 12 months

Capital events

3

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -29.9%

  £16,947,171 → £11,885,454

  lowest in 3 filed years

• Cash

  +837.7%

  £44,736 → £419,503

  highest in 5 filed years

• Net assets

  -1,147.7%

  £413,695 → -£4,334,260

  lowest in 4 filed years

• Employees

  -1.6%

  62 → 61

  lowest in 4 filed years

• Operating profit

  -127.4%

  -£922,780 → -£2,098,028

  lowest in 3 filed years

• Profit before tax

  -113.8%

  -£1,279,918 → -£2,736,341

  lowest in 4 filed years

• Wages

  -4.8%

  £1,669,539 → £1,589,526

  lowest in 4 filed years

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