ERNEST V. WADDINGTON LIMITED

• ◆

  Audit opinion: Qualified

  Latest auditor's report carried a non-clean opinion.

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

Landin Wilcock & Co

Audit opinion

Qualified

Going concern

Affirmed

“The directors are responsible for preparing the Group Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the group and of the profit or loss of the group for that period. In preparing these financial statements, the directors are required to: select suitable accounting policies and then apply them consistently; make judgements and accounting estimates that are reasonable and prudent; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.”

Group structure

1. ERNEST V. WADDINGTON LIMITED · parent
   1. Millfield Investments Limited 100% · England and Wales · Property management
   2. Woodsome Park Management Limited 71.4% · England and Wales · Dormant company
   3. Shortwood Business Park Management Company Limited 100% · England and Wales · Dormant company

Significant events

• “The financial year to 31 March 2025 confirmed the group as holding a significant investment property portfolio, with rental income increasing by over 8% on the previous year.”
• “The group has continued to invest in associated companies in the year, providing further funding to both E J Waddington Limited and C G Waddington Limited for them to grow and develop their investment property portfolios.”
• “The financial statements show a rise in operating profit of £1.2m, this is due to both an an increase in revenue and a decreased in cost of sales and administrative costs.”

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

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

  +8.3%

  £12,068,736 → £13,065,141

  highest in 3 filed years

• Cash

  -31.3%

  £14,449,984 → £9,928,706

• Net assets

  +9.1%

  £101,541,932 → £110,750,642

  highest in 5 filed years

• Employees

  +5%

  20 → 21

  highest in 4 filed years

• Operating profit

  +12.4%

  £10,129,636 → £11,390,256

  highest in 3 filed years

• Profit before tax

  +13.1%

  £10,807,710 → £12,228,904

  highest in 3 filed years

• Wages

  -7.7%

  £368,705 → £340,497

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