MCVICKERS 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

Mitchells Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis, which assumes that the group will continue in operational existence for the foreseeable future and be able to meet its liabilities as they fall due. The group has the continued support of Mr A Storey, a director and majority shareholder, for the foreseeable future.”

Group structure

1. MCVICKERS HOLDINGS LIMITED · parent
   1. Mcvickers Limited 100% · England and Wales · electrical contractors
   2. Mcvickers Free Solar Limited 90% · England and Wales · provision of photovoltaic panels

Significant events

• “Provision of our services throughout all sectors was maintained during this financial year and we have achieved an improvement to net profit, this is mainly due to the use of well tendered and well managed sub contracted elements on multiple contracts whilst maintaining the same level of direct employees as in previous years.”
• “We have continued to work well with our existing client database whilst nurturing some new contract relationships which are to be further strengthened in the forthcoming periods.”
• “Going into the year ahead we foresee a strong start with work to do to fill the usual gaps between contracts ending and new ones starting.”

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

  +5.1%

  £9,027,821 → £9,486,727

• Cash

  +90.3%

  £676,829 → £1,287,675

• Net assets

  +13.6%

  £3,691,475 → £4,191,733

• Employees

  -6.3%

  64 → 60

• Operating profit

  +44.8%

  £571,325 → £827,048

• Profit before tax

  +61.6%

  £536,162 → £866,323

• Wages

  -2.2%

  £2,499,244 → £2,443,605

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