PAUL MCGOWAN HOLDINGS 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

Consolidated group

Auditor

Sumer Auditco Limited

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 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. PAUL MCGOWAN HOLDINGS LIMITED · parent
   1. Parkway Recycling Ltd 100% · England
   2. Paul McGowan Grab Hire Limited 100% · England
   3. Aldridge Sand & Gravel Ltd 100% · England
   4. JM Bliss Ltd 100% · England

Significant events

• “During the period Paul McGowan Holdings Limited entered into a sales and purchase agreement with a third party. As part of this agreement Paul McGowan Holdings Limited received a property valued at £4,000,000 in exchange for a property being held at cost value of £476,481. This has resulted in a profit on sale of tangible assets of £3,523,519 which is deemed to be a one off exceptional item.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +2%

  £15,072,209 → £15,369,254

• Cash

  +15.4%

  £2,185,109 → £2,521,722

• Net assets

  +32.7%

  £17,069,323 → £22,658,932

• Employees

  -2.2%

  46 → 45

• Operating profit

  +396.3%

  £1,344,300 → £6,672,338

• Profit before tax

  +484.7%

  £1,087,764 → £6,360,642

• Wages

  -1.3%

  £1,933,667 → £1,907,664

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