CHARLES F STEAD (HOLDINGS) LIMITED

1. CHARLES F STEAD (HOLDINGS) LIMITED 2007-11-02 → present
2. ENVELOPE HOPE LIMITED 2006-03-13 → 2007-11-02

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

Consolidated group

Auditor

Kirk Newsholme

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' 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 group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. CHARLES F STEAD (HOLDINGS) LIMITED · parent
   1. Charles F Stead & Company Limited 100% · England and Wales · Tanners of hides and skins
   2. Charles F Stead (Properties) Limited 100% · England and Wales · Property rental
   3. Charles F Stead & Co(Strensall) Limited 100% · England and Wales · Dormant

Significant events

• “The continued conflict in Ukraine as well as other geopolitical pressures create uncertainty in the markets in which the group operates. The group's manufacturing processes are energy intensive and the volatility of energy prices and the timing of taking out new contracts directly impact on the group's profit margin.”
• “A subsidiary company has received enquiries from HMRC regarding a potential s223 liability arising from the settlement of an Employee Benefit Trust (EBT) arrangement which was entered into by the subsidiary company in 2010. The contingent liability could be in the region of £370,000.”

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

Filings

4

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

  -22.8%

  £11,136,312 → £8,593,435

• Cash

  +23%

  £3,020,846 → £3,714,440

• Net assets

  -8%

  £12,635,311 → £11,626,205

• Employees

  -7%

  71 → 66

• Operating profit

  -193.5%

  £303,639 → -£283,783

• Profit before tax

  -133.3%

  £424,312 → -£141,257

• Wages

  -4.9%

  £2,420,792 → £2,302,226

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