ROTHAMSTED RESEARCH LIMITED

• ⚠

  Material uncertainty over going concern

  The Board concludes that the Institute, with the continued support of UKRI-BBSRC and LAT, can continue to operate within its currently available and projected cash and working capital facilities for the 12 months from sign off of the financial statements and is therefore considered a going concern. However, this is dependent upon a number of factors: it could face significant operational challenge to be able to generate external income, additional unplanned costs (when already operating on a relatively tight operational cash position), and the £3.7m of grant award from UKRI-BBSRC contains certain performance and information delivery conditions that may not be achieved. As a result, although the Directors believe that the Institute can continue as a going concern, there are the aforementioned material uncertainties that may cast doubt on this assumption.

1. ROTHAMSTED RESEARCH LIMITED 2002-12-23 → present
2. ROTHAMSTED EXPERIMENTAL STATION 1989-06-07 → 2002-12-23

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

Consolidated group

Auditor

Buzzacott Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Board concludes that the Institute, with the continued support of UKRI-BBSRC and LAT, can continue to operate within its currently available and projected cash and working capital facilities for the 12 months from sign off of the financial statements and is therefore considered a going concern. However, this is dependent upon a number of factors: it could face significant operational challenge to be able to generate external income, additional unplanned costs (when already operating on a relatively tight operational cash position), and the £3.7m of grant award from UKRI-BBSRC contains certain performance and information delivery conditions that may not be achieved. As a result, although the Directors believe that the Institute can continue as a going concern, there are the aforementioned material uncertainties that may cast doubt on this assumption.”

Group structure

1. ROTHAMSTED RESEARCH LIMITED · parent
   1. Rothamsted Research Holdings Limited 100% · England & Wales · dormant
   2. Rothamsted International Consulting Limited 100% · England & Wales · dormant
   3. Genetic Technologies Limited 100% · England & Wales · dormant
   4. Rothamsted Scientific Services Limited 100% · England & Wales
   5. Rothamsted Experimental Station Limited 100% · England & Wales · dormant

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

2

last 12 months

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

• Turnover

  +22.8%

  £670,000 → £823,000

• Cash

  -61.5%

  £13,249,000 → £5,100,000

• Net assets

  -6.2%

  £85,463,000 → £80,198,000

• Employees

  +0.8%

  373 → 376

• Wages

  +5.2%

  £14,178,000 → £14,914,000

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