SF LTD

1. SF LTD 2003-08-13 → present
2. POWRFLUE LIMITED 2003-08-13 → 2003-08-13
3. SELKIRKFLUE LIMITED 2003-08-13 → 2004-08-04

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

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors prepare detailed budgets and forecasts, which include cashflow forecasts, and regularly monitor the Company's performance against them. These forecasts take account of any known impacts from economic, compliance and environmental issues that may effect change in the market. Economic factors have been considered such as inflation on cost of materials, services and staff wages and salaries as well as the impact of tariff changes. Stress testing and reverse stress testing of budgets and forecasts have also been completed, which shows that in worse case scenarios the company will require additional financial support from the ultimate parent undertaking. As such the Directors have obtained confirmation from the ultimate parent undertaking that they will continue to provide financial support to the company for the foreseeable future, being at least for a period of 12 months from the approval of these financial statements.”

Significant events

• “The year to 31 March 2025 continued with challenging trading conditions within the flue industry.”
• “UK cost inflation affecting the end user and reduction in demand in the domestic market hae been major contributors.”
• “SF Ltd is part of The Sphering Group and as such can provide an increased product portfolio.”
• “The company will continue to innovate and focus on sales growth.”
• “With the additional investment from its Parent company improve its manufacturing technology and processes.”
• “Investment in R & D combined with continued product development, rationalisation of its products, a wider sales reach, engagement with new OEM customers and further investment in capital plant underpin the Company's strategy for growth in respect of turnover and profitability.”
• “Exceptional selling, general and administration expenses relate to the costs associated with a significant restructure of staff. The comparative period costs were associated with settlement costs.”

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

  -10.9%

  £6,951,888 → £6,196,950

• Cash

  -29.5%

  £582,701 → £410,971

• Net assets

  -24.2%

  £3,893,090 → £2,950,928

• Employees

  -20%

  85 → 68

• Operating profit

  -136.7%

  -£435,571 → -£1,031,191

• Profit before tax

  -131.9%

  -£459,943 → -£1,066,553

• Wages

  -2.5%

  £2,549,969 → £2,486,991

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