SHUTTERCRAFT LIMITED

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on management forecasts, the directors continue to adopt the going concern basis of accounting in preparing the financial statements. The directors have a reasonable expectation that the company has adequate cash resources to continue to operate without recourse to additional funding for a period of at least 12 months from the date of approval of the financial statements, whilst continuing to meet updated covenants. Subsequent to the year end, covenants were re-set to enable the company to continue to meet these based on the management forecasts.”

Group structure

1. SHUTTERCRAFT LIMITED · parent
   1. Shutter Shop Ltd
   2. Plantation Shutters Limited

Significant events

• “During the year, the UK economy experienced continued inflationary pressure, coupled with weakened consumer confidence and reduced discretionary spending.”
• “As all of our product supply chain is sourced internationally, fluctuations in foreign exchange rates particularly the weakening of GBP against USD drove up the cost of goods.”
• “Global shipping delays, arising from the well-publicised difficulties in the Suez Canal, increased freight costs and impacted lead times and supply reliability.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  -31.3%

  £26,562,161 → £18,242,726

• Cash

  -58.9%

  £2,296,751 → £944,050

• Net assets

  -0.5%

  £15,249,446 → £15,165,751

• Employees

  -4.7%

  43 → 41

• Operating profit

  -106.1%

  £2,116,423 → -£128,703

• Profit before tax

  -106.1%

  £2,116,423 → -£128,980

• Wages

  -1.1%

  £1,717,569 → £1,698,690

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers