LOWTHER FORESTRY GROUP LIMITED

1. LOWTHER FORESTRY GROUP LIMITED 1997-10-17 → present
2. RANDALL-CO 3001 LIMITED 1997-01-29 → 1997-10-17

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

Saffery 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

• “Turnover increased by around 2% on the previous year and was broadly in line with budget expectations for the year. Profit before tax however of £1,370,542 (10.5% margin on turnover) although in line with budget decreased against the prior year due principally to the completion of a particularly profitable contract.”
• “The Directors believe that the strategy implemented over the past ten years, focused on organic, measured, and sustainable growth, continues to be a successful, low-risk approach.”
• “Cash reserves have been invested in two freehold properties: a depot and office in Castleford, West Yorkshire, and a facility in Shrewsbury, Shropshire. These purchases have improved access and communication for our regional teams and have helped shield the company from rising rental costs and associated liabilities.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +2.2%

  £12,745,657 → £13,022,667

  highest in 3 filed years

• Cash

  -42%

  £2,032,786 → £1,178,019

  lowest in 4 filed years

• Net assets

  +8.5%

  £4,786,626 → £5,193,496

  highest in 4 filed years

• Employees

  +12.1%

  58 → 65

  highest in 4 filed years

• Operating profit

  -22.4%

  £1,723,696 → £1,337,178

• Profit before tax

  -22.3%

  £1,763,269 → £1,370,542

• Wages

  -1.3%

  £2,378,145 → £2,346,357

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