INDEPENDENT SLATE SUPPLIES LIMITED

• ◆

  4 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Streets Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “This year has seen the refinement of the company wide profit share scheme. Significant supplier relationships with well established quarries have been further developed over the past financial year, and new avenues in marketing, as well as developing the company's customer base have been commenced and are already being refined with key hires in marketing and sales.”
• “Shipping rates had levelled out somewhat in the previous year and margins have continued to recover. In recent years, the company was carrying stock with a high landed price due to fluctuations in shipping costs in the COVID and post-COVID years. In the previous years, the gross margin had been suppressed by these factors, but in 2025 the margin percentage has recovered to 21% and is now expected to remain stable at this level.”
• “In recent years, the company has made conscious efforts to reduce Carbon emissions by replacing the diesel owned company vehicles, introducing a fleet of hybrid vehicles, installing solar panels, and has introduced a Carbon Neutral product into the market. During the year, the company has taken delivery of its first electric forklift truck, and also has purchased 2 electric vehicles and 1 low emission hybrid car to add to the fleet of green assets the company maintains. The directors expect to replace the company's plant and equipment with electric alternatives wherever practical in the fullness of time.”

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

  -1.5%

  £19,105,914 → £18,817,830

• Cash

  +7.4%

  £1,664,252 → £1,787,724

• Net assets

  +6.3%

  £8,225,740 → £8,741,426

• Employees

  +7.7%

  26 → 28

• Operating profit

  -2.3%

  £1,293,045 → £1,262,801

• Profit before tax

  +0.8%

  £1,287,604 → £1,297,745

• Wages

  +11%

  £990,541 → £1,099,011

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