THE MILLBOARD COMPANY 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

“The directors, having considered forecasts and cashflows prepared for a period of 24 months after the balance sheet date, are confident that the company can continue as a going concern.”

Significant events

• “The company reduced its cash at bank to £915,940 (2023: £2,387,075) which is adequate to finance the directors' current plans for further growth. Retained earnings at the year-end were £11,084,802 (2023: £14,092,933) following payments to the parent company during the year of dividends totalling £8,500,000 (2023: £9,000,000). These helped the parent company fund the acquisition of the trade and selected assets of Outlive LLC, Millboard distributor in Minnesota, USA, as well as fund investment in the new subsidiaries of the group.”
• “Elmdene Group Limited further expanded its Global footprint in 2024, building on the French acquisition in late 2023, with the acquisition of a distributor in USA, and set up a subsidiary in Germany with their own employees, offices, sales and marketing functions.”
• “the introduction of a new website, launched during the year.”

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

  +6.8%

  £56,625,710 → £60,462,983

• Cash

  -61.6%

  £2,387,075 → £915,940

• Net assets

  -21.3%

  £14,092,937 → £11,084,806

• Employees

  +2.9%

  175 → 180

• Operating profit

  +14.4%

  £6,506,881 → £7,446,437

• Profit before tax

  +17.5%

  £5,689,227 → £6,686,661

• Wages

  +7.9%

  £9,456,571 → £10,201,382

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