OTFORD BUILDERS MERCHANTS 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)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Kilsby & Williams LLP

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. At the time of approving the financial statements, the directors have reasonable expectation that the company has adequate resources to continue in the operational existence for the foreseeable future and for a period of not less than twelve months following the approval of these financial statements and the directors have no intention to close the operations in the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “Costs have been analysed and rationalised and reduced by c.£300k in the year (2025: £1.877m, 2024: £2.190m).”
• “Its transport fleet, training, internal staff promotions and identifiable career paths, eCommerce and marketing have all benefitted from this approach.”
• “a 17.1% increase in turnover (2025 £13.958m, 2024 £11.929m)”
• “two replacement lorries added to its transport fleet for higher operational reliability and lower maintenance costs”
• “average stock levels increased by 9% (2025 £1.825m, 2024 £1.693m) to ensure supply availability to customers - the complete opposite of most merchants”
• “an internal programme of staff training including product, driving and customer relationship has also seen 8% of staff promoted including three female managers”
• “the new eCommerce system became fully operational in the second half of the year and has grown month on month”
• “improvements and advances with its IT trading system has seen a reduction in manual operations and crucially introduced controls relating to margins, stock and credit”
• “company profile has been stepped up dramatically by using all available social platforms as well as conventional promotions and now has an annual onsite trade show attracting over fifty suppliers the largest in the south of England”
• “the business continues to be prudent in view of potential bad debt and maintains its credit insurance security blanket”

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

Filings

3

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

  +17%

  £11,929,312 → £13,958,399

• Cash

  -29.3%

  £1,422,748 → £1,005,667

• Net assets

  -2.8%

  £6,032,310 → £5,863,626

• Employees

  -11.1%

  45 → 40

• Operating profit

  +70.6%

  -£760,920 → -£223,827

• Profit before tax

  +72.5%

  -£722,726 → -£198,594

• Wages

  -12.1%

  £1,661,550 → £1,460,895

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