A P P WHOLESALE LIMITED

1. A P P WHOLESALE LIMITED 2019-11-26 → present
2. A P P WHOLESALE PLC 2008-04-02 → 2019-11-26

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 believe that the Company has adequate resources to continue operations for a period of at least 12 months from the date of approval of these financial statements and therefore continue to adopt the going concern basis in preparing these financial statements.”

Group structure

1. A P P WHOLESALE LIMITED · parent
   1. Direct Heating and Plumbing Merchants Limited 90% · England and Wales · Trading
   2. Direct Heating and Plumbing Trade Counters Limited 90% · England and Wales · Trading
   3. Ultimate Renewables Supplies LTD 90% · England and Wales · Trading
   4. DH&P HRP Holdings Limited 90% · England and Wales · Non Trading
   5. DH&P Trade Counter Holdings Limited 90% · England and Wales · Non Trading

Significant events

• “In October 2024, the Company acquired Ultimate Renewables Supplies Ltd (Ultimate) for total consideration of £1,340,614. Ultimate is a single-site operation based in Bicester, providing a full range of design and commissioning services for renewable energy products.”
• “In April 2025, the Group with the agreement of its banks, reduced its Revolving Credit Facility by £20.0 million to £50.0 million, securing reduced non-utilisation costs.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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

  -9.8%

  £220,851,626 → £199,121,859

• Cash

  -98.9%

  £11,022,635 → £120,896

• Net assets

  +4.8%

  £45,100,980 → £47,279,669

• Employees

  -4.3%

  253 → 242

• Operating profit

  -92.2%

  £4,938,798 → £384,188

• Profit before tax

  -77.6%

  £5,158,559 → £1,157,544

• Wages

  -4.8%

  £9,367,964 → £8,918,113

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