FAGAN & WHALLEY 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

Menzies LLP

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 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. FAGAN & WHALLEY LIMITED · parent
   1. RGM Lions Limited 100%
   2. Fagan & Whalley Newport Ltd

Significant events

• “Operating profit has decreased to £528,710... We recognised an impairment charge of 1,085,222 (2024: £nil) to our investment in RGM Lions Ltd (Fagan and Whalley Newport Ltd) due to restructuring of how the two companies operate between each other.”
• “The continued risk of the well published HGV driver shortage creates uncertainty, but we are well placed to handle this with various schemes to introduce drivers into the industry.”
• “Economic uncertainty becomes increasingly important to manage as a risk. Major changes in business taxation/rates and employment costs have an impact on both company costs and trading positions.”

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

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

  +2.6%

  £34,735,534 → £35,653,413

  highest in 4 filed years

• Cash

  -1.9%

  £190,426 → £186,722

  lowest in 6 filed years

• Net assets

  -14.8%

  £9,558,289 → £8,147,073

  lowest in 6 filed years

• Employees

  -0.9%

  339 → 336

• Operating profit

  -40%

  £881,290 → £528,710

  lowest in 4 filed years

• Profit before tax

  -275.6%

  £529,357 → -£929,674

  lowest in 6 filed years

• Wages

  +0.8%

  £12,418,969 → £12,517,085

  highest in 6 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