GFM (UK) LIMITED

1. GFM (UK) LIMITED 1992-09-15 → present
2. BROCKLE LIMITED 1992-05-11 → 1992-09-15

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

Tobutt & Co

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

• “PRINCIPAL RISKS AND UNCERTAINTIES: We identify the loss of reputation due to product or performance failure as a principal risk. However, we operate through the principle of 'operational excellence' which will facilitate a steady improvement in the company's profitability, enhance shareholder value, protect our employees and the environment, and ultimately ensure long-term success. We also identify large exchange rate fluctuations as a significant risk due to the overseas locations of several major suppliers. We mitigate against this risk by the use of a foreign currency account when dealing with those suppliers.”

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

Filings

2

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

  -10.1%

  £1,511,415 → £1,358,853

• Cash

  +4.9%

  £5,332,706 → £5,592,015

  highest in 4 filed years

• Net assets

  +4.2%

  £5,673,818 → £5,909,594

  highest in 4 filed years

• Employees

  -28.6%

  14 → 10

  lowest in 4 filed years

• Operating profit

  +44.2%

  £164,654 → £237,438

  highest in 4 filed years

• Profit before tax

  +31.9%

  £237,936 → £313,882

  highest in 4 filed years

• Wages

  -10.8%

  £488,878 → £436,015

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