GLEDHILL RESPONSE 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 §1A

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. As at 31 December, the company had net assets of £10,206,000 (2023: £8,607,000), net current assets £9,231,000 (2023: £7,506,000) and generated a profit after tax of £1,599,000 (2023: £1,240,000). The company has no external debt. The Directors have received a letter of support from the ultimate parent company confirming that it will continue to provide financial support for the foreseeable future, up to and including 30 September 2026. Based on this confirmation, and after reviewing the financial forecasts, the Directors have a reasonable expectation, under both the base case and severe but plausible downside scenarios, that the company will remain profitable and generate sufficient cash flows in order to meet its liabilities as they fall due. Therefore the Directors have concluded that the company will have the ability to continue as a going concern throughout the going concern assessment period up to and including 30 September 2026.”

Significant events

• “The principal risks is that a reasonably high proportion of revenue is centered around specific product ranges. However contract agreements are held directly with a large number of individual home owners which mitigate this risk and, in addition, new services products and methods of marketing these products to the end custom are continuously being developed and launched to diversify the offering to the market to continue growth.”
• “The business is exposed to political and legislative risks outside its control, particularly regarding UK climate policy and the introduction of the Clean Heat Market Mechanism (CHMM). The Board and wider Group are continuously monitoring future changes in environmental regulations which could potentially impact product development, compliance costs, and market demand.”

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

Filings

2

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

  +4.2%

  £8,507,000 → £8,865,000

• Cash

  -68.4%

  £19,000 → £6,000

• Net assets

  +18.6%

  £8,607,000 → £10,206,000

• Employees

  +3.1%

  64 → 66

• Operating profit

  +33.7%

  £998,000 → £1,334,000

• Profit before tax

  +31.6%

  £1,353,000 → £1,781,000

• Wages

  +8.4%

  £2,484,000 → £2,692,000

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