GRANTHAM INDUSTRIES LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the balance sheet date the company had a strong net current asset position and significant net assets. Borrowings are long term, secured against tangible assets and leverage is low. The directors have prepared forecasts for a period of 12 months from the date of approval of these financial statements which show the company continuing to trade profitably and generating cash to repay its bank loan and hire purchase commitments as they fall due. At the time of signing these accounts, the directors have considered the going concern position and remain confident that the company will be able to operate within the resources available to it.”

Significant events

• “company underwent significant changes during the year, including a capital reduction demerger, the launch of a new Plant Services division and the implementation of a new operational system to support our Waste & Aggregates operations.”
• “The company implemented a new operating system across its Waste Management and Aggregates division during the year which has greatly improved reporting capability and streamlined administrative tasks enabling sales teams to focus on value added activities, and supporting management with implementing more dynamic pricing moving forwards.”

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

Filings

4

last 12 months

Capital events

3

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.