KINGSPAN TIMBER SOLUTIONS LIMITED

• ⚠

  Material uncertainty over going concern

  Subsequent to the year end, the directors have decided to cease the trading activities from October 2025 and as a result, the company will no longer generate operating revenues from trading and accordingly actively looking to sell the assets of the business. The directors have no present intention to liquidate the company in the foreseeable future. Accordingly, these financial statements have been prepared on a basis other than going concern.

1. KINGSPAN TIMBER SOLUTIONS LIMITED 2013-02-12 → present
2. KINGSPAN POTTON LIMITED 2009-12-31 → 2013-02-12
3. KINGSPAN OFF-SITE LIMITED 2009-01-29 → 2009-12-31
4. KINSPAN OFF-SITE LIMITED 2009-01-27 → 2009-01-29
5. POTTON LIMITED 2004-02-27 → 2009-01-27
6. GREAT GRANSDEN TRADING LIMITED 2003-10-23 → 2004-02-27
7. MUTANDERIS (472) LIMITED 2003-09-25 → 2003-10-23

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 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Subsequent to the year end, the directors have decided to cease the trading activities from October 2025 and as a result, the company will no longer generate operating revenues from trading and accordingly actively looking to sell the assets of the business. The directors have no present intention to liquidate the company in the foreseeable future. Accordingly, these financial statements have been prepared on a basis other than going concern.”

Significant events

• “Directors have decided to cease the trading activities from October 2025 and as a result, the company will no longer generate operating revenues from trading and accordingly actively looking to sell the assets of the business.”
• “The Company is subject to the Global Anti-Base Erosion Model Rules, also referred to as the Pillar Two model rules, with effect from 1 January 2024. The objective of these complex rules is to achieve minimum effective tax rates of 15% globally.”

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

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -19.3%

  £13,125,440 → £10,586,004

• Cash

  +245.5%

  £44,515 → £153,798

• Net assets

  -15.5%

  £8,150,243 → £6,888,256

• Employees

  -24.7%

  73 → 55

• Operating profit

  -49.2%

  -£995,573 → -£1,485,570

• Profit before tax

  -21.5%

  -£1,006,241 → -£1,222,466

• Wages

  -18.4%

  £3,028,044 → £2,471,237

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