HILLS OF LAKELAND 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)

Auditor

Saint & Co.

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

• “Inflation is continuing higher, and the Government may well continue and possibly increase its tax take from business's thereby increasing the importance of continuing focus on value for money pricing and reducing costs.”
• “Although the financial background remains bleak, the Directors are confident that they and the business continue to be in a strong financial position and thus better placed than many to withstand future financial pressures.”
• “There has been no change in the risk profile of the Company. The identification of strategic, operational, compliance and financial risks is a key part of the management function.”

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

  -0.3%

  £37,423,445 → £37,302,382

• Cash

  -12.4%

  £1,281,670 → £1,122,816

• Net assets

  +12.3%

  £5,932,574 → £6,661,661

  highest in 5 filed years

• Employees

  —

  Not reported

• Operating profit

  -16.1%

  £1,266,434 → £1,062,374

• Profit before tax

  -15.8%

  £1,266,434 → £1,066,635

  lowest in 3 filed years

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