ACORN WEB OFFSET LIMITED

1. ACORN WEB OFFSET LIMITED 1988-05-12 → present
2. ABLEMARGIN LIMITED 1987-06-08 → 1988-05-12

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

Hart Shaw LLP

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

• “During the year the ultimate parent company, Loscoe Investments Limited, entered into a share buyback agreement with N R Alexander, who resigned as a company director on the 31st October 2023.”
• “Capital investments of £438,538 were made during the year. These were made to further support the company's ongoing strategic direction, specifically improving automation and improving energy efficiencies to allow the company to manage rising manpower costs and reduce its energy usage. Further investments aligned to this strategy are planned for 2024/25.”
• “The company extended its lease on its main business unit, enabling security for the company to plan the next key investment opportunities.”

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

  -3%

  £26,257,625 → £25,478,987

• Cash

  -63.2%

  £547,891 → £201,638

• Net assets

  -0.9%

  £6,812,745 → £6,753,469

• Employees

  0%

  129 → 129

• Operating profit

  -16.1%

  £1,646,568 → £1,381,134

  first positive since 2021

• Profit before tax

  -15.4%

  £1,502,823 → £1,271,743

  first positive since 2021

• Wages

  +1.5%

  £4,605,089 → £4,673,798

  highest in 6 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