GABBITAS GILL PARTNERSHIP LIMITED

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

Forrester Boyd Robson 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 original financial statements were authorised for issue.”

Significant events

• “Financial risk - financial risk is managed specifically by regular management meetings and the preparation and monitoring of monthly cashflows.”
• “Competitor pressure - the company operates in a competitive industry which means not only does it need to attract new business but it must endeavour to retain and nurture existing relationships with customers.”
• “Economic downturn - the company acknowledges the importance of maintaining close relationships with its key customers in order to be able to identify the early signs of potential financial difficulties.”
• “Reliance on key suppliers - the company's purchasing activities could expose it to over reliance on certain suppliers and inflationary pricing pressure.”
• “Loss of key personnel - this would present significant operational difficulties, for the company. Management seek to ensure that key personnel are appropriately remunerated to ensure that good performance is recognised.”

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

  -4.3%

  £10,757,014 → £10,295,105

• Cash

  -67.6%

  £3,009,927 → £974,993

  lowest in 6 filed years

• Net assets

  -38%

  £4,734,179 → £2,935,015

• Employees

  +2.6%

  114 → 117

  highest in 6 filed years

• Operating profit

  -69.6%

  £1,943,044 → £589,857

• Profit before tax

  -70.3%

  £1,976,646 → £587,094

• Wages

  +4.5%

  £4,755,266 → £4,968,627

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