BRETT MARTIN LIMITED

1. BRETT MARTIN LIMITED 1990-06-11 → present
2. W.H. MARTIN PLASTICS LIMITED 1972-04-17 → 1990-06-11

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

Grant Thornton (NI) LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.”

Group structure

1. BRETT MARTIN LIMITED · parent
   1. The Ariel Group Limited 100% · England · Non trading holding company
   2. Ariel Plastics Limited 100% · England · Distribution of PVC, polycarbonate and other materials

Significant events

• “Performance in the sector is affected by general economic conditions. The board carries out regular strategic reviews including assessments of competitor activity, market trends, market forecasts and customer behaviour. Product availability and price fluctuations are other sectorial risks faced. The security of product supply is monitored by the directors on an ongoing basis with supplier financial strength, product quality and service levels regularly reviewed. Cost inflation is unpredictable and the future level of inflation remains uncertain. The company maintains regular forecasts to ensure areas affected by cost increases are identified so mitigating action can be taken. The company is working with customers, suppliers and employees to mitigate the impact of increasing costs, however the Directors note that the rate of inflation is slowing.There are uncertainties for the company as a result of the macro-economic environment and rates of cost inflation as a knock on effect from factors such as the war in Ukraine and increases in National Insurance/National Minimum Wages in the UK. Future interest rates continue to be uncertain, which could be a risk to the direct cashflows of the business in borrowing costs and also indirectly in the cost of materials, good and services.”

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

1

last 12 months

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

• Turnover

  +2.9%

  £168,601,652 → £173,566,570

• Cash

  -31.4%

  £467,805 → £320,922

• Net assets

  +7%

  £44,721,149 → £47,845,305

• Employees

  +1.7%

  748 → 761

• Operating profit

  +15%

  £6,729,366 → £7,740,195

• Profit before tax

  +17.7%

  £5,836,055 → £6,867,922

• Wages

  +21%

  £27,110,701 → £32,800,648

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