TORRY HARRIS BUSINESS SOLUTIONS (EUROPE) LTD

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

Albert Goodman LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's 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

• “Like all businesses in the past few years, Torry Harris has endured the challenges of post Covid-19 crisis and other economic turbulence. In the increasingly complex world of IT, with its bewildering array of choices and options, the need for clarity and sound advice based upon skills and experience is fundamental to navigating a safe roadmap for change. The turbulent economic environment of the past few years, including the cost of living crisis, has presented challenges for the business.”

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

  -6%

  £31,834,353 → £29,915,926

• Cash

  -13.9%

  £8,727,675 → £7,514,885

• Net assets

  +6.7%

  £12,164,319 → £12,981,588

• Employees

  -30.5%

  82 → 57

• Operating profit

  -6%

  £1,591,718 → £1,495,796

• Profit before tax

  -3.4%

  £1,625,604 → £1,570,334

• Wages

  -29.6%

  £5,224,597 → £3,678,142

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