SMALLRIDGE BROS 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

Old Mill Audit 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 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.”

Significant events

• “The directors are also optimistic about FY25 due to the opening of our new depot in Truro in December 2024. The company took over the area of responsibility of West Cornwall in November 2020; the new depot will allow us to provide even better levels of customer service to new and existing customers. The directors are expecting high levels of growth in this area over the next few years which will in the long term improve the company's performance.”
• “The company is also committed to developing its other existing depots, and plans to spend a significant amount on development and repair work in the coming years. This includes improvements to showrooms, offices and working areas.”
• “There is also continuous investment in equipment and staff to maintain customer service levels and expanding market share.”

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

Filings

7

last 12 months

Capital events

3

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

  -14.1%

  £43,510,999 → £37,371,869

• Cash

  —

  Not reported

• Net assets

  -3%

  £8,668,924 → £8,413,107

• Employees

  +3.8%

  104 → 108

• Operating profit

  -53.3%

  £2,148,730 → £1,003,089

• Profit before tax

  -82.6%

  £1,773,965 → £308,200

• Wages

  +6.2%

  £3,860,712 → £4,101,333

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