HALIFAX FAN LIMITED

1. HALIFAX FAN LIMITED 1996-08-20 → present
2. HALIFAX FAN HOLDINGS LIMITED 1994-08-19 → 1996-08-20

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

S&W Partners Audit Limited

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

• “Turnover fell 27.9% to £7.0m from 2023's record sales, due to fewer large contracts and weaker demand amid economic uncertainty, inflation, and geopolitical tensions.”
• “Gross profit margin dropped to 28% (2023: 35%), with a pre-tax loss of £0.76m (2023: £1.02m profit).”
• “The HF Fan Constructor project, a cloud-based platform for automated fan design, costing, and sales, saw 2024 enhancements: aftermarket configuration, KPI and CRM integration, a USA-specific module, expanded regulated-industry functions, and automated sales orders.”
• “A new Group Chief Financial Officer was appointed.”
• “Despite the 2024 loss, the Company strengthened operations and digital capabilities, positioning for growth.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -27.9%

  £9,679,000 → £6,978,000

• Cash

  -45.5%

  £2,006,000 → £1,094,000

• Net assets

  -30%

  £1,424,000 → £997,000

• Employees

  -1.6%

  61 → 60

• Operating profit

  -159.4%

  £1,142,000 → -£678,000

• Profit before tax

  -174.3%

  £1,025,000 → -£762,000

• Wages

  +10.9%

  £2,144,000 → £2,377,000

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