AP EXCHANGE FLAGS LIMITED

1. AP EXCHANGE FLAGS LIMITED 2019-06-17 → present
2. ASHTROM PROPERTIES (NORTH WEST) LIMITED 2019-04-16 → 2019-06-17

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

IFRS

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

BKL Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on a going-concern basis. The company has a strong cash position of £611,232 (2023- £2,707,317) which is sufficient to cover the debt servicing. Therefore directors are satisfied that the company has sufficient funds to continue to meet its obligations and continue to trade on a going concern basis for at least 12 months from the date of approval of these financial statements.”

Significant events

• “Dividends of £1,907,542 were paid to holders of ordinary shares during the year (2023: £Nil).”
• “New standards, interpretations and amendments effective from 1 January 2024: IAS 1, IFRS 16, IAS 7 and IFRS 7, IFRS S1, IFRS S2.”
• “New standards, interpretations and amendments not yet effective: IAS 21, IFRS 9 and IFRS 7, IFRS - Volume 11, IFRS 18, IFRS 19.”

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

  -37.1%

  £6,177,813 → £3,888,326

• Cash

  -77.4%

  £2,707,317 → £611,232

• Net assets

  -6.6%

  £19,536,106 → £18,237,790

• Employees

  —

  Not reported

• Operating profit

  +127%

  -£10,393,976 → £2,808,782

• Profit before tax

  +109.6%

  -£10,445,306 → £1,005,100

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