WILSON ELECTRICAL DISTRIBUTORS LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. WILSON ELECTRICAL DISTRIBUTORS LIMITED 1998-04-15 → present
2. WILSON ELECTRICAL WHOLESALERS (LONDON) LIMITED 1980-02-14 → 1998-04-15

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

Azets Audit Services Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “The unexpected departure of Paul Davies, for personal reasons, has reduced the company's cash balances and left a hole in the senior management which will be filled shortly to ensure that the sales decline is reversed.”
• “Following the re-purchase of the companies own share capital from the former director, the ultimate controlling party is A J Powell.”

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

4

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

  -7.7%

  £25,796,629 → £23,801,135

• Cash

  -47.5%

  £5,397,850 → £2,832,225

• Net assets

  -19.6%

  £15,255,650 → £12,262,450

• Employees

  +3.1%

  96 → 99

• Operating profit

  -32.3%

  £1,686,078 → £1,142,066

• Profit before tax

  -27.9%

  £1,846,632 → £1,332,291

• Wages

  +0.3%

  £4,039,723 → £4,051,262

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