WESTWARD BUILDING SERVICES 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

WP Audit Services LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's 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.”

Significant events

• “The company has completed another successful year of trading, with significant profit levels delivered.”
• “During 2024 the company has continued to focus on increasing its market presence and growing its market share, which has been a successful strategy.”
• “Despite the tough economic conditions, with market competition putting pressure on margins, the business remains resilient and strong profit levels continue to be reported (2024: £4.65m, 2023: £4.44m.)”
• “The company continues with their sustainable approach to business, maintaining their drive to use environmentally friendly or recyclable products where possible. Reducing plastic consumption onsite is something the management team are actively working to achieve.”
• “The company is now keeping a record of tonnes of packaging used so that it can be monitored and targets are set to reduce this.”
• “Following a period of significant online sales growth up since the year ended 31st December 2021, the company is continuing to develop its online sales offering, focussing on the availability of product ranges to maintain its current market position within the supply of building tools and materials industry.”

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

  +10.8%

  £52,116,589 → £57,740,532

  highest in 4 filed years

• Cash

  -47.7%

  £1,906,478 → £997,881

• Net assets

  -0.1%

  £12,692,216 → £12,676,344

• Employees

  0%

  28 → 28

• Operating profit

  +4.4%

  £4,409,167 → £4,602,101

• Profit before tax

  +4.8%

  £4,439,647 → £4,651,826

• Wages

  -9.2%

  £752,269 → £682,853

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