MACFARLANE LABELS LIMITED

1. MACFARLANE LABELS LIMITED 1999-12-21 → present
2. N.S. MACFARLANE & CO. LIMITED 1949-04-26 → 1999-12-21

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

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“A comprehensive stress test was conducted, assessing the Company's financial position, cash flow, liquidity, borrowing facilities, available headroom, and covenant compliance. It was necessary to include the holding company, The Reflex Group because of the interlinked funding arrangements. The test parameters considered a decline in sales volume, disruptions in supply chains, and adjustments to the underlying debt instruments interest rates. The result of the sensitivity analysis confirms that, even under unrealistically harsh assumptions, the business can continue to operate within the Group credit facilities for at least 12 months from the date of approval of these financial statements. As at the date of this report, the Directors have a reasonable expectation that the Company with support of the Group has adequate resources to continue business in the foreseeable future. The Company has therefore continued to adopt a going concern basis.”

Group structure

1. MACFARLANE LABELS LIMITED · parent
   1. Macfarlane Labels (Ireland) Limited 100% · Co. Wicklow, Ireland · Label printing
   2. Reseal-it AB 100% · Helsingborg, Sweden · Machinery design and the manufacture of applicators

Significant events

• “UK business are currently facing many uncertainties such as environmental sustainability and geopolitical events including the ongoing conflicts in Ukraine and Israel. The macroeconomic backdrop remains challenging, like all UK businesses, we are navigating pressures from changes in the national minimum wage and employer National Insurance contributions, tightening of labour supply both of which have far-reaching financial implications for businesses as a whole and the wider economy. These uncertainties have contributed to an environment where there exists a range of issues and risks, including inflation, increased labour costs and supply side costs pressures.”

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

Filings

16

last 12 months

Capital events

0

last 24 months

Officers appointed

3

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

  -4.1%

  £16,293,000 → £15,619,000

• Cash

  -35.4%

  £2,710,000 → £1,750,000

• Net assets

  +14.6%

  £8,134,000 → £9,321,000

• Employees

  -1.3%

  77 → 76

• Operating profit

  +164.9%

  -£262,000 → £170,000

• Profit before tax

  +479%

  -£328,000 → £1,243,000

• Wages

  -1.4%

  £2,855,000 → £2,814,000

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