HERON BROS. LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. HERON BROS. LIMITED 1991-02-25 → present
2. HERON BROTHERS (DRAPERSTOWN) LIMITED 1982-09-02 → 1991-02-25

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

Kelly & O'Neill Ltd

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. HERON BROS. LIMITED · parent
   1. Heron Countesswell (No. 3) Ltd 100%

Significant events

• “The Board continues to invest significantly in its digital transformation programme to ensure IT systems continuity and resilience, greater collaboration, quality control, process efficiency, improved communication capabilities, efficient data capture, real time data analytics and use of artificial intelligence.”
• “The Directors are pleased to see a significant increase in rental income and investment asset gains during the period.”
• “The company continues to invest in the renewable energy sector through our Energy Division, providing a full suite of renewable energy solutions for our customers including solar, wind turbines, battery storage and software to optimise the use of renewable assets and the purchase and sale of energy to the grid.”
• “We are expanding the existing construction and renewables sectors within which we operate and strengthening alliances with long standing customers.”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +3.8%

  £154,590,121 → £160,442,589

• Cash

  -2.4%

  £29,895,266 → £29,175,160

• Net assets

  +7.9%

  £127,232,356 → £137,345,621

• Employees

  -25.9%

  317 → 235

• Operating profit

  +14%

  £8,825,055 → £10,056,950

• Profit before tax

  +0.3%

  £11,627,417 → £11,661,954

• Wages

  -9.4%

  £13,442,103 → £12,172,196

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