GUY-RAYMOND ENGINEERING COMPANY 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

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

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.”

Significant events

• “During the year the company saw an increase of sales, mainly driven by a recovery in the export market with an overall increase of 8.65%. Our customers particularly in the office furniture area showed some recovery after the effect of the Coronavirus pandemic, although home working has caused some stalling of signs of recovery. During the year we saw some reduction in the price of raw materials and electricity cost. There is increased consumer confidence in our markets and some delay of Government spending has affected our potential sales during the year. The company has continued to invest in R&D and New Product Development, also investing in materials handling, apprentice and staff training. Looking forward we are planning to reroof the warehouse area and add solar panels to reduce our carbon footprint further.”

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

  +8.6%

  £6,562,785 → £7,130,337

• Cash

  +17.1%

  £4,867,350 → £5,697,344

• Net assets

  +6.6%

  £7,682,836 → £8,188,202

• Employees

  +5.9%

  68 → 72

• Operating profit

  +150.8%

  £318,830 → £799,636

• Profit before tax

  +182.4%

  £352,584 → £995,687

• Wages

  +8.3%

  £1,904,294 → £2,061,548

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