J. & J. WARD LIMITED

Latest accounts filed cover 2025-03-31; financial figures currently reflect up to 2023-03-31.

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

Armstrong Watson Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements are prepared on the going concern basis which assumes that the Company will continue to trade. However the validity of the going concern basis is dependent upon the continued support of the Directors, bank and parent company. If the Company is unable to continue to trade, adjustments would be required to reduce the value of assets to their recoverable amounts, to provide any further liabilities that might arise and to analyse both fixed assets and long term liabilities as a current asset / liabilities. The directors have assessed the performance and overall going concern status of the group and consider that the group will continue to be able to repay its debts for costs incurred within the company. The financial statements have been prepared on a going concern basis.”

Significant events

• “The Company has an unlimited multilateral guarantee dated 05 April 2018 given by Bulk Logistics Group Ltd, J. & J. Ward Limited, D H Pearson Limited, Hare Bulk Haulage Limited and Horsley Bulk Transport Limited covering all of these companies banking facilities. On 26 May 2020 a company guarantee given by J. & J. Ward Limited, Hare Bulk Haulage Limited and Horsley Bulk Transport Limited supported by an all assets debenture.”

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

  +18.5%

  £29,466,099 → £34,923,953

• Cash

  +88.6%

  £804,579 → £1,517,265

• Net assets

  +29.8%

  £2,962,274 → £3,844,518

• Employees

  +1.1%

  89 → 90

• Operating profit

  +34.1%

  £1,211,694 → £1,625,236

• Profit before tax

  +145.9%

  £480,617 → £1,181,739

• Wages

  +10.2%

  £4,260,563 → £4,693,815

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