AANCO (UK) 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

Davies Tracey

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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

• “In late 2023 we introduced our Flat Glass (patent pending) product to the market featuring an innovative design that allows for glass units to be replaced and refitted. Revenue exceeded £1m in the first 12 months from launch.”
• “In late 2024 we introduced our Slider featuring the Speedbead ™™. This product was developed in collaboration with Cortizo, a leading systems house, and offered an enhanced version of their popular Cortizo 4700 door.”
• “In 2024 we managed to complete the transition to in-house delivery which now accounts for over 99% of all deliveries. This has helped reduce complaints due to damages by 51%.”
• “Our commitment to pricing that supports our customers meant that in 2024 we held our prices at or below 2022 levels. This was done in the face of high inflation, especially on labour due to the increase in National Living Wage of 9.8% which we chose not to pass on to our customers.”
• “Reinvestment of profits into capital assets remained high as we invested £1.1m in machinery and fleet.”
• “Profit before tax was £2.0m, down 39% on 2023.”
• “After deducting intra-group dividends of £3.6m the net assets in the Company decreased from £11.9m to £10.3m.”
• “The Company recorded a positive cashflow, before non-capital asset investments, intercompany transfers and dividends, of £2.1m.”
• “Throughout 2024 we continued developing our new lantern product which is a new product, versus an update, that will offer significant benefits to our customers when launched in 2025.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -10.7%

  £34,728,910 → £31,024,264

• Cash

  +0.1%

  £1,604,545 → £1,606,444

• Net assets

  -14%

  £11,977,858 → £10,298,825

• Employees

  -6.3%

  240 → 225

• Operating profit

  -37.7%

  £2,820,508 → £1,757,250

  lowest in 4 filed years

• Profit before tax

  -39.6%

  £3,264,370 → £1,970,414

  lowest in 5 filed years

• Wages

  +4.8%

  £6,338,589 → £6,643,450

  highest in 5 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