VENTILATION & ENVIRONMENTAL SUPPLIES PLC

1. VENTILATION & ENVIRONMENTAL SUPPLIES PLC 1988-05-10 → present
2. DUCTWORK ENVIRONMENTAL SUPPLIES LIMITED 1988-03-30 → 1988-05-10

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

Xeinadin Audit Limited

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.”

Significant events

• “turnover has decreased from £5,029,037 to £4,622,960 in the year ended 31 March 2025, gross margin has increased from 35.72% to 38.33%”
• “the company is particularly susceptible to influences from the construction industry and also to the availability of working capital for its many customers; liquidations are notorious in the industry and as a stocking wholesaler the company suffers a number of bad debts each year. In the year under review the level of bad debts did not threaten the company's viability.”

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

0

last 12 months

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

• Turnover

  -8.1%

  £5,029,037 → £4,622,959

• Cash

  -2.3%

  £2,793,967 → £2,731,072

• Net assets

  +5.9%

  £5,017,991 → £5,314,127

• Employees

  +20%

  15 → 18

• Operating profit

  -19.4%

  £664,782 → £536,000

• Profit before tax

  -14.8%

  £727,662 → £620,264

• Wages

  +22%

  £469,879 → £573,450

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