WOODALL HOMES LIMITED

1. WOODALL HOMES LIMITED 2011-03-17 → present
2. WOODAW HOMES LIMITED 2011-03-16 → 2011-03-17

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

Cooper Parry Group 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.”

Group structure

1. WOODALL HOMES LIMITED · parent
   1. Abbotsbury Contractors Limited 100% · England and Wales · construction / building homes

Significant events

• “Post year end the company has purchased land for development at Bulcote, Nottingham for consideration of £2,670,000.”
• “The company has recently started development on a 161-plot site at Bolsover”
• “Reservations have more than doubled year on year”
• “Exceptional Cost of Sales totalling £2,143,000.”
• “The company decided to write off all costs incurred in relation to two separate sites following a decision to walk away from the purchase of the land which were under option, due to viability concerns relating to ground conditions and overall deal economics.”
• “The company completed on a sizeable development during the year however at the year-end most units remained unsold. Following a detailed review of prevailing market conditions and expected revenues a provision has been made to reduce the work in progress on the site to its estimated net recoverable amount.”

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

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

  +27%

  £12,099,000 → £15,363,000

• Cash

  +234.7%

  £72,000 → £241,000

• Net assets

  -47.5%

  £4,331,000 → £2,275,000

• Employees

  —

  Not reported

• Operating profit

  -211.4%

  -£848,000 → -£2,641,000

• Profit before tax

  -210.9%

  -£846,000 → -£2,630,000

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