BARRON MCCANN LIMITED

1. BARRON MCCANN LIMITED 1980-12-31 → present
2. BARRON AND MCCANN LIMITED 1978-12-31 → 1980-12-31
3. ALLMAT SHIPPING LIMITED 1972-09-12 → 1978-12-31

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

Barnes Roffe Audit 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

• “The economic environment in both the UK and Europe continues to present challenges to all businesses. The principal risk faced, as is with most business, is with clients facing cash flow difficulties and this subsequently impacting on the cash flow of the business.”
• “The companies focused management of it's balance sheet has resulted in the year end being reached with no external debt and the pension liability now being in a position of surplus.”
• “The Company continues to meet it's internal targets for both turnover and operating profit.”
• “The closing cash reserves increased to £4.7 million (2024 - £1.7 million). The pension deficit has now been cleared and the pension is in surplus.”

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

1

last 24 months

Officers appointed

3

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

  -13.8%

  £29,330,644 → £25,274,776

• Cash

  +173.9%

  £1,715,622 → £4,699,704

• Net assets

  +3.7%

  £18,361,318 → £19,045,605

  highest in 4 filed years

• Employees

  -1.7%

  295 → 290

• Operating profit

  +30.9%

  £711,743 → £931,845

• Profit before tax

  +27%

  £766,206 → £972,864

• Wages

  -5.2%

  £9,699,020 → £9,195,975

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