STEWART-BUCHANAN GAUGES LIMITED

• ◆

  3 officer resignations in last 12 months

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

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. STEWART-BUCHANAN GAUGES LIMITED 1986-12-31 → present
2. C. & A. STEWART LIMITED 1941-04-26 → 1986-12-31

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

Auditor

Azets Audit Services

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.”

Significant events

• “Turnover has decreased during the year by 8.28% (2023: increase of 10.69%). This is primarily due to a decrease in demand within the market.”
• “Principal risks affecting the continued growth of the Company include the uncertain climate in the manufacturing and oil & gas sectors, rising material costs and increased distribution and energy costs.”
• “Company plans to drive to increase export potential, strengthen its customer base and develop new products to enhance its range, driving sales, in particular, within the renewables market.”

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

Filings

10

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

  -8.3%

  £8,537,602 → £7,830,280

• Cash

  -16.4%

  £763,591 → £638,248

• Net assets

  +5.8%

  £4,772,412 → £5,048,840

• Employees

  -0.9%

  117 → 116

• Operating profit

  -529.5%

  -£67,692 → -£426,103

• Profit before tax

  -683.2%

  -£53,392 → -£418,155

• Wages

  +0.5%

  £4,051,396 → £4,072,384

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