SMYLIE LIMITED

1. SMYLIE LIMITED 2004-03-29 → present
2. SMYLIE EXPORTS LIMITED 2003-07-17 → 2004-03-29

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

Malthouse & Company Chartered Accountants

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company seeks to continue developing its recent successful trading profile with a longer term objective of increasing shareholder value. The directors believe Smylies is well placed to manage its business risks successfully. The directors have a reasonable expectation the Company will be able to continue in operational existence into the foreseeable future. Trading forecasts indicate the Company will have continued reliance on its invoice discounting facility for working capital drawdown. The directors therefore feel comfortable in continuing to adopt the going concern basis of accounting in preparing annual financial statements.”

Significant events

• “The investment in the new system demonstrates the directors' commitment to the long term success of the company. Once launched the new system will enhance service levels for our customers and provide the infrastructure to support future growth.”

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

Filings

12

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

  +5%

  £29,045,355 → £30,489,112

• Cash

  -19.3%

  £1,021,232 → £824,154

• Net assets

  +3%

  £2,903,240 → £2,991,288

• Employees

  -2.5%

  79 → 77

• Operating profit

  -10.9%

  £791,605 → £705,332

• Profit before tax

  -27.1%

  £621,206 → £452,564

• Wages

  +9.7%

  £2,508,477 → £2,751,034

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