WHITLOCK & LOWE LTD

1. WHITLOCK & LOWE LTD 2016-09-20 → present
2. PRIME OAK (BUILDINGS) LTD 2004-01-05 → 2016-09-20
3. PADSTOW (CONTRACTS) LIMITED 1997-10-22 → 2004-01-05

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

Onyx Audit Ltd

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared a cash flow forecast covering a period of 12 months from date of approval of these financial statements. The directors, with reference to these forecasts and the current cash position of the company, believe it is appropriate to prepare the financial statements on the going concern basis.”

Group structure

1. WHITLOCK & LOWE LTD · parent
   1. Julius Bahn Ltd 100% · United Kingdom · Non-trading
   2. Montpelier Joinery Ltd 100% · United Kingdom · Non-trading

Significant events

• “The Group established a number of emerging businesses and brands to further diversify its portfolio across a range of complementary markets, predominantly within the existing luxury, high-end segment.”
• “The new Hampshire show site has offered a more convenient location to reach a wider market and continues to be a great success in affording visitors the ability to experience our exceptional craftsmanship first hand across a range of our products.”
• “approval was given for the installation of solar panels at the Group's factory facility. This investment supports the Group's sustainability objectives and is intended to mitigate exposure to rising electricity costs.”
• “Turnover decreased to £14.1m with gross profit of £5.9m. A profit before tax of £1.4m was achieved. The slight reduction in group turnover from the previous year is the result of the continuing economic uncertainty that is directly impacting the confidence to spend within our target market.”

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

Filings

3

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

  -4.2%

  £14,732,533 → £14,111,047

• Cash

  -19.2%

  £1,813,211 → £1,464,315

• Net assets

  +11.5%

  £9,133,534 → £10,185,280

• Employees

  0%

  59 → 59

• Operating profit

  +0.5%

  £1,364,735 → £1,371,498

• Profit before tax

  +1.6%

  £1,400,941 → £1,423,723

• Wages

  +2.7%

  £1,991,154 → £2,045,123

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