J.E.C. INVESTMENT COMPANY 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 §1A

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Wheawill & Sudworth Limited

Audit opinion

Qualified

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. J.E.C. INVESTMENT COMPANY LIMITED · parent
   1. John Edward Crowther (Holdings) plc 97.6% · England and Wales
   2. John Edward Crowther Limited · England and Wales · Yarn Spinners & Property Owners
   3. Crowther, Bruce & Co Limited · England and Wales · Property owners
   4. Colne Valley Spinning Company Limited · England and Wales · Dormant
   5. Deer Hill Estates Limited · England and Wales · Dormant

Significant events

• “The Company were successful in a bid for Levelling Up monies to enable New Mills to be brought back into use as a Mixed Use scheme. A considerable amount of work has been undertaken and will continue in order to enable the achievement of a satisfactory planning permission for that site.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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

  -17.3%

  £297,729 → £246,350

• Cash

  +15.5%

  £4,036,451 → £4,660,320

• Net assets

  +5.8%

  £8,128,441 → £8,595,984

• Employees

  0%

  6 → 6

• Operating profit

  +341.6%

  -£156,748 → £378,760

• Profit before tax

  +309.8%

  £201,720 → £826,723

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