ANDERS + KERN U.K. LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. ANDERS + KERN U.K. LIMITED 1990-07-06 → present
2. ANDERS & KERN U.K. LIMITED 1990-06-14 → 1990-07-06

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 101 'Reduced Disclosure Framework'

Reporting scope

Standalone (parent only)

Auditor

MAH, Chartered Accountants

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on forecasts prepared and reviewed for the period to 30 September 2026, the Directors have a reasonable expectation that the Group will have adequate resources to continue in operational existence for the foreseeable future. For this reason, the Board considers it appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “Group total borrowings were significantly lower than the prior year as the Group paid off the final balance of the Coutts CBILS loan, repaid the balance of the mortgage on completion of the sale of the Old Torpedo Factory freehold property and made significant payments on the NatWest CBILS loan.”
• “During the year, the Group raised £482,000 through the issue of new equity, and implemented an invoice discounting facility with the ability to draw up to the lower of 50% of eligible debtors or £600,000.”
• “The mortgage secured against TFG's freehold property in London, was fully paid off in September 2024 on completion of the sale of this property.”
• “The £500k CBILS drawn in May 2021 had a duration of three years with interest at 4.05% over the Coutts base rate in years two and three. The final instalment was paid in May 2024.”
• “TFG has a CBILS loan with NatWest which was drawn in 2021 at £1.75m. Following a prepayment during the year in addition to the regular monthly payments, the 30 September 2024 balance was £0.42m (2023: £0.99m).”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  -27.9%

  £1,502,000 → £1,083,000

• Cash

  +33.5%

  £137,116 → £183,000

  highest in 3 filed years

• Net assets

  -126.5%

  £170,000 → -£45,000

• Employees

  -10%

  10 → 9

  lowest in 3 filed years

• Operating profit

  -182.8%

  £256,000 → -£212,000

• Profit before tax

  -184.3%

  £255,000 → -£215,000

• Wages

  +25.9%

  £259,000 → £326,000

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