COOMERS LIMITED

1. COOMERS LIMITED 1991-01-22 → present
2. COOMERS (OAKHANGER) LIMITED 1978-11-13 → 1991-01-22

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

Shaw Gibbs (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 product availability issues of recent times have largely been resolved.”
• “Manufacturing is increasingly focused on producing inventory 'just in time' so product allocation can suddenly be imposed on core lines.”
• “Global demand can drive significant price changes month on month for commodity products.”
• “The market backdrop for the RMI (repair, maintenance, improvement) sector remain challenging.”
• “The Directors and Management continue to be focused on new business and new revenue streams.”
• “At Alton, the refitting of the bathroom showroom has been completed, alongside yard improvements.”
• “At Haslemere, the branch has been extensively refurbished and remodelled.”
• “At Bordon, a new Fibo drive-through concrete plant has been introduced, which will offer a brand-new concrete, screed and mortar service to trade customers.”
• “Online turnover performed well and grew by almost 11%.”
• “Overhead and staff costs have continued to increase, but some of those rises have been offset with a strong focus on general expenses, and some efficiency gains within Head Office.”
• “The business has finished the year in a strong financial position and is well-placed to take advantage of an improvement in economic conditions.”
• “For this fiscal period, there is an increase in the revaluation reserve.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  -1.4%

  £15,125,574 → £14,910,648

• Cash

  -29.8%

  £2,021,745 → £1,420,209

  lowest in 5 filed years

• Net assets

  +7.6%

  £7,084,330 → £7,621,874

• Employees

  -1.5%

  65 → 64

  lowest in 5 filed years

• Operating profit

  +1%

  £2,303,685 → £2,327,077

• Profit before tax

  +9.1%

  £1,825,634 → £1,991,057

• Wages

  +2.6%

  £2,083,948 → £2,138,478

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