GATELEY PLC

1. GATELEY PLC 2015-05-29 → present
2. GATELEY LIMITED 2015-05-29 → 2015-05-29
3. ENSCO 1102 LIMITED 2014-11-13 → 2015-05-29

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

MHA Audit Services LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements are prepared on a going concern basis as the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of at least 12 months from the point of signing. Financial projections have been prepared to October 2026 which show positive earnings and cash flow generation. Sensitivity analysis has been performed in respect of specific scenarios which could negatively impact our future performance such as lower levels of revenue growth, lower than forecast receipts of cash, and reduced levels of gross margin expansion. In addition, the Directors have also considered further mitigating actions such as lower capital expenditure and other short-term cash management activities within the Company's control. The Company continues to work closely with its supportive banks, extending the club of banks when renewing the three-year revolving credit facility in period, of which £6m was drawn down at 30 April 2025, with committed funding of £80m through to April 2028. As at 30 April 2025 the Company has net cash of £1.2m and continues to sensibly manage its cash position within permitted covenants relating to its facility. The Company expects to be able to operate within its existing financing facilities for the foreseeable future and currently demonstrates significant debt capacity headroom based on its strong financial performance. Accordingly, the Directors have a reasonable expectation that the Company have adequate resources to continue in operational existence for the foreseeable future and they have adopted the going concern basis of accounting in preparing the financial statements.”

Group structure

1. GATELEY PLC · parent
   1. Gateley Trust Corporation Limited 100% · England

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +4.2%

  £119,702,000 → £124,719,000

• Cash

  -29.4%

  £10,146,000 → £7,164,000

• Net assets

  -12.3%

  £36,946,000 → £32,393,000

• Employees

  +0.7%

  1,062 → 1,069

• Operating profit

  +32.1%

  £8,355,000 → £11,035,000

• Profit before tax

  +17.7%

  £12,177,000 → £14,334,000

• Wages

  +0.7%

  £68,984,000 → £69,485,000

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