CATHEDRAL LEASING LIMITED

1. CATHEDRAL LEASING LIMITED 1982-02-23 → present
2. BLUEDAWN LIMITED 1981-05-14 → 1982-02-23

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

LMH Accountants Limited T/A Trevor Jones & 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. 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 company's turnover has increased by 4.3% (2024-4.5%) during the year. This growth can be attributed to our success in both retaining and growing the accounts of existing customers and gaining new business. Gross profit has been maintained at 95% (2024-94%).”
• “Even though the market in the United Kingdom is extremely competitive our market share is growing steadily. There is continued pressure on pricing, particularly as the larger companies seek to grow market share by under-pricing on contract tenders, it is believed that this risk can be mitigated by continued geographical growth of the business and increasing the number of sales representatives in the field. Uncertainty around the economy both in terms of regulatory restrictions and the economic outlooks continues to be a challenge.”
• “Having traded for almost 30 years, the need to build strong long-standing relationships with both our Customer and Suppliers is paramount to the past, present and future success of Cathedral Leasing Limited.”
• “over the past 12 months 10 employees have undertook apprenticeship courses.”
• “Our staff hold monthly fundraisers for local charities. Most recently we have been donating to the local food bank on a regular basis, to assist the community.”
• “The principal activity of the company remains unchanged. Post year end trading has remained strong and performance is in line with expectations. The business continues to feel pressure from rising costs due to inflation of both wages costs and overheads and these are continually reviewed by the directors.”

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

Filings

2

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

  +4.3%

  £19,062,809 → £19,875,077

• Cash

  +64.7%

  £1,272,195 → £2,095,126

• Net assets

  -56.5%

  £10,927,357 → £4,757,562

• Employees

  +5%

  258 → 271

• Operating profit

  -2.6%

  £4,103,322 → £3,996,338

• Profit before tax

  -3.1%

  £4,158,644 → £4,028,240

• Wages

  +5.3%

  £8,823,106 → £9,291,552

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