BRISTOW & SUTOR

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Notwithstanding net current liabilities of the Company of £4,653,578 as at 31 March 2024, the financial statements have been prepared on the going concern basis which the directors believe to be appropriate for the following reasons. The Company is dependent on the ultimate parent company not seeking repayment of the amounts currently due to the Group entities, which at the reporting date amounted to £8,249,920 and providing additional financial support for a period of at least 12 months from the date of approval of these financial statements. The ultimate parent company has indicated its intention to continue to make available such funds as are needed by the Company during the going concern period.”

Significant events

• “The business won a significant number of new local authority and private debt clients in the year and was successful in tendering for a share of the National Highways enforcement contract. It also launched its High Court Enforcement service and won its first central government client. The Group's ESG focus accelerated, and it published its first annual ESG report. Bristow & Sutor was also the first business in the industry to obtain the BSI Kitemark for Inclusive Service.”
• “The Company also faced challenges with costs (particularly staff costs and postage costs) increasing while the Ministry of Justice's Enforcement Agent Fee Review 2023 remains ongoing. The current statutory enforcement fee scale was implemented in 2014 with a mechanism to adjust fees annually to track inflation, but no such adjustment has yet taken place.”

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

Filings

1

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

  +19.3%

  £28,994,793 → £34,581,423

• Cash

  +23.5%

  £3,702,989 → £4,571,843

• Net assets

  -7.2%

  £5,283,937 → £4,903,512

• Employees

  —

  Not reported

• Operating profit

  +59.1%

  £2,193,989 → £3,490,927

• Profit before tax

  +60%

  £2,193,989 → £3,510,931

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