BARRETTS OF CANTERBURY 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 102

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which assumes that the Company will have sufficient funds available to enable it to continue to trade for the foreseeable future. In making their assessment that this assumption is correct the directors have undertaken an in depth review of the business, its current prospects, and cash resources as set out below. The directors have prepared forecasts for the period to December 2026. These forecasts indicate profitability across the Company. These projections reflect a resilient performance in a challenging market, underpinned by the Company's solid operational and financial foundations. The Company funds itself through a number of loans from its manufacturer partners. All commitments on these loans have been met and are forecast to continue to be met. After due consideration of the current strong trading position, forecasts prepared, and facilities available to the Company the directors consider that the Company has adequate financial resources to continue in operational existence for the foreseeable future, and for this reason the financial statements have been prepared on a going concern basis.”

Significant events

• “On 19 January 2024 Barretts Top Co Limited purchased a majority shareholding in the Company, financed by a loan of £5.2m from Barretts of Canterbury Limited. Barretts Top Co Limited is wholly owned by Mr P J Barrett.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

3

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

  -1.6%

  £276,457,000 → £271,926,000

• Cash

  -74.7%

  £7,448,000 → £1,886,000

• Net assets

  -3.7%

  £36,211,000 → £34,867,000

• Employees

  -1.5%

  472 → 465

• Operating profit

  -83.5%

  £2,840,000 → £469,000

• Profit before tax

  -163.3%

  £2,182,000 → -£1,382,000

• Wages

  +1.6%

  £16,982,000 → £17,256,000

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