PARGAT & 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

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have formed a judgement at the time of approving the financial statements that the company has adequate resources available to continue operating for at least 12 months from the date of approval of these financial statements and conclude that there are no material uncertainties relating to events or conditions that may cast doubt over the ability of the company to continue as a going concern.”

Significant events

• “We implemented the restructuring plan throughout the year with the full support and participation of the entire board and management. This has resulted in a significant improvement in profitability and a large swing from loss to profit.”
• “A change in administration in the US with the threat of tariffs together with a UK budget which is generally anti-business is proving to be quite challenging, but the company has now been transformed and we are confident that growth in profitability and share-holder value has been re established.”
• “At the time of writing the Chinese administration has removed export rebates of on aluminium raw material exports. This has led to a disjoint between SFHE/SMM Aluminium prices and the LME. We are actively investigating possible effects of this policy on our input prices and will adapt accordingly.”

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

  -2.4%

  £22,508,281 → £21,960,084

• Cash

  +23.6%

  £2,229,692 → £2,754,878

• Net assets

  +5.6%

  £21,928,505 → £23,147,523

• Employees

  -15.4%

  149 → 126

• Operating profit

  +293.9%

  -£872,445 → £1,691,383

• Profit before tax

  +299.4%

  -£871,368 → £1,737,801

• Wages

  -2.9%

  £3,571,982 → £3,466,972

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