ERNEST DOE & SONS LIMITED

1. ERNEST DOE & SONS LIMITED 2015-07-21 → present
2. ERNEST DOE & SONS,LIMITED 1947-03-15 → 2015-07-21

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have considered the ongoing impact on the future operations of the Company of the risk factors identified above and current world events, as well as sensitivities to changes in the macroeconomic environment. The Directors are of the opinion that the Company has adequate resources for at least 12 months from the approval of the financial statements and consider it appropriate for the financial statements to be prepared on a going concern basis.”

Group structure

1. ERNEST DOE & SONS LIMITED · parent
   1. Doe Finance Limited 100% · England and Wales · Dormant
   2. Doe Plant Hire Limited 99% · England and Wales · Dormant
   3. Ernest Doe Industrial Limited 99% · England and Wales · Dormant
   4. G J Garrett & Sons Limited 100% · England and Wales · Dormant

Significant events

• “In August 2024 the Company's Directors negotiated the purchase of business assets from the Administrators of The Burdens Group to facilitate expansion into South Lincolnshire.”
• “The new branches at Sutterton and North Kyme, along with the existing branch at Littleport have been granted dual franchise status with our 2 main suppliers of New Holland and CASE IH.”
• “The Directors implemented a stock reduction programme in early 2024 which resulted in a reduction of £6.6m from £57.9m to £51.3m at the year end.”
• “At the year-end, a net current liability position existed of £2.9m (2023 £1.5m). This change is mainly due to an increase in Plant & Machinery Fixed Assets (£17.7m v's £15.7m in 2023). These assets are financed through short-term credit facilities as they are regularly sold in the year of purchase. During 2024 the Directors again saw that elevated UK interest rates impacted the Company's ability to sell its hire fleet of Tractors and Combine Harvesters.”

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

0

last 12 months

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

• Turnover

  +0.7%

  £151,272,728 → £152,266,351

• Cash

  +49.7%

  £40,341 → £60,384

• Net assets

  -0.4%

  £20,388,753 → £20,301,032

• Employees

  +8%

  540 → 583

• Operating profit

  +71.2%

  £1,534,921 → £2,628,318

• Profit before tax

  +126.5%

  -£453,234 → £120,266

• Wages

  +7.3%

  £18,250,277 → £19,586,463

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