DORSEY CONSTRUCTION MATERIALS LTD

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. DORSEY CONSTRUCTION MATERIALS LTD 2005-03-21 → present
2. S P DORSEY SPECIALIST CONSTRUCTION MATERIALS LIMITED 1992-03-30 → 2005-03-21

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)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company has made a profit during the period and has net assets and a positive cash position at the period end. At the time of signing these accounts, the directors have prepared forecasts based on future trading expectations. The directors consider that these forecasts indicate that the company will continue to trade for a period of at least twelve months from the date of signing the accounts. On that basis, the directors have prepared these financial statements on a going concern basis.”

Group structure

1. DORSEY CONSTRUCTION MATERIALS LTD · parent
   1. Spechunter Ltd 90% · England and Wales · supply of specialist construction materials to the construction industry

Significant events

• “Despite the risks and uncertainties posed by the turbulence in the UK economy including the recent Labour government budget changes, high interest rates, and global uncertainty, the Directors are of the view that there is strong underlying demand for new-build and converted housing in the UK, which is also in line with the new UK government's stated aims to reform planning rules in order to increase the supply of new homes.”

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

Filings

7

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

  +1.8%

  £18,059,711 → £18,386,061

• Cash

  +50.6%

  £4,558,856 → £6,866,593

  highest in 4 filed years

• Net assets

  +30.3%

  £7,448,229 → £9,704,733

  highest in 4 filed years

• Employees

  0%

  33 → 33

• Operating profit

  -10.3%

  £3,315,156 → £2,973,725

• Profit before tax

  -6.6%

  £3,439,663 → £3,213,138

• Wages

  -4.7%

  £1,248,295 → £1,189,182

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