A.H.PARKER & SONS (GT.BRITAIN) 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

Consolidated group

Auditor

David Howard

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. A.H.PARKER & SONS (GT.BRITAIN) LIMITED · parent
   1. Parker Poland Sp 99.73% · Warsaw, Poland

Significant events

• “With the increasing prevalence of supply chain disruptions across the industry, the group has sought to mitigate supply chain risk by increasing inventory levels.”
• “The group is in a very competitive market. It must continue to innovate its products to maintain a leadership position with customers in the RIBs market.”
• “Due to the nature of the industry in which we operate, the group is exposed to traditional regulatory risks (associated with the with the ongoing compliance of business operations and products). Internal quality and regulatory issues are a core commitment of the Board, so suitable skills and experience are brought to bear to ensure that associated risks are managed.”
• “Financial risks, which are primarily associated with the collectability of accounts receivable, and recoverability of inventory produced. These risks are appropriately manager through detailed oversight of our expert finance team.”

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

  -34.4%

  £31,527,167 → £20,682,688

• Cash

  -27.2%

  £368,229 → £267,994

• Net assets

  +4.8%

  £10,788,778 → £11,310,683

  highest in 5 filed years

• Employees

  -9.7%

  62 → 56

• Operating profit

  -70.9%

  £3,758,781 → £1,095,231

• Profit before tax

  -76.5%

  £3,521,403 → £829,175

• Wages

  +8.6%

  £1,589,661 → £1,726,886

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