GREENE TWEED & CO 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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have reviewed future trading and cashflow forecasts, including a reverse stress test scenario, for the period to 31 December 2026. The company continues to hold a sufficient level of cash at bank which, along with cash generated within the business, is forecast to be at a level which the directors consider sufficient to withstand the impact of any plausible downturn in trade. As a result, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence until 31 December 2026.”

Significant events

• “Our solar panel project which we planned to be implemented this year has been cancelled, due to the reappraisal with up-to-date assumptions and feasibility study.”
• “Following the implementation of our new ERP system in April 2025, we have experienced expected challenges of changing processes, debugging issues, and learning the new system. As a result, shipments have been lower than normal in the first few months of the financial year ending 31st March 2026. This has led to cash levels being lower than normal, but still manageable and no concerns. Management do not see any significant risks associated with this. Full recovery is expected by the end of the financial year.”

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

  -4.5%

  £45,974,000 → £43,898,000

• Cash

  +64%

  £1,152,000 → £1,889,000

• Net assets

  -0.3%

  £16,250,000 → £16,194,000

• Employees

  +4%

  149 → 155

• Operating profit

  -52.2%

  £4,254,000 → £2,033,000

• Profit before tax

  -50.8%

  £4,190,000 → £2,061,000

• Wages

  +10.6%

  £6,729,000 → £7,444,000

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