STONEWATER DEVELOPMENTS LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making enquiries and reviewing the Group 30-year financial plan, updated for current economic and business assumptions including stress testing, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for at least 12 months from the date on which the financial statements were approved for release. The financial statements have therefore been prepared on a going concern basis.”

Significant events

• “During the year, the company acquired a number of sites, which are being developed.”
• “Work is progressing at the site and at the end of March 2025 there had been 20 completions and 5 reservations expecting to complete by the end of May 2025. The remaining 3 unsold units are forecast to sell by the end of September 2025.”

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

Filings

13

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  -20.9%

  £156,030,000 → £123,400,000

• Cash

  +1,431%

  £100,000 → £1,531,000

• Net assets

  -766.9%

  £160,000 → -£1,067,000

• Employees

  —

  Not reported

• Operating profit

  -30.8%

  £3,029,000 → £2,095,000

• Profit before tax

  -212.5%

  £943,000 → -£1,061,000

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