MORRIS & PERRY LIMITED

1. MORRIS & PERRY LIMITED 2022-05-19 → present
2. MORRIS & PERRY (GURNEY SLADE QUARRIES) LIMITED 1962-03-22 → 2022-05-19

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

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The director has reviewed financial information for the next 12 months and as a the company has sufficient cash reserves to be able to pay its debts as they fall due for the foreseeable future, the accounts have been prepared on a going concern basis.”

Significant events

• “Unfortunately the anticipated improvement in the general economy has not materialised. In fact if anything, uncertainty has increased, leading to delays in investment decisions that have resulted in very little growth in construction markets.”
• “The business continues to invest in all its markets to improve processes both allowing cost reduction and improving the trading position.”
• “capital expenditure of nearly £1m incurred duing the year”
• “Due to the nature of the business's operations, it is essential to maintain sufficient cash reserves to support either the expansion of the existing quarry site or the acquisition of a new site - which could require an investment in the region of £10 million to £20 million.”
• “Alternative business opportunities will be examined as and when they arise and the company continues to hold sufficient cash reserves to be agile to respond to such opportunities.”
• “The company continues to review investment to improve efficiency and examine opportunities for expansion in related markets.”

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

Filings

2

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

  +5.3%

  £20,662,349 → £21,748,914

• Cash

  +19.3%

  £14,962,947 → £17,847,054

• Net assets

  +8.5%

  £29,255,425 → £31,754,428

• Employees

  -2.3%

  43 → 42

• Operating profit

  +43.6%

  £1,859,618 → £2,669,762

• Profit before tax

  +37.1%

  £2,485,796 → £3,408,234

• Wages

  +2.8%

  £1,811,458 → £1,862,086

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