CRUDEN BUILDING (SCOTLAND) LIMITED

1. CRUDEN BUILDING (SCOTLAND) LIMITED 2022-06-01 → present
2. CRUDEN BUILDING (WEST) LIMITED 2021-06-01 → 2022-06-01
3. CRUDEN BUILDING & RENEWALS LIMITED 1997-04-01 → 2021-06-01
4. CRUDEN BUILDING RENEWALS LIMITED 1993-03-30 → 1997-04-01
5. CRUDEN HOMES (ROGERFIELD) LIMITED 1986-06-25 → 1993-03-30
6. CARENTWIN LIMITED 1986-05-07 → 1986-06-25

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared these financial statements on a going concern basis, which is further discussed in note 1.2. The Company's positive net assets and significant cash position and ongoing construction projects underpins this assumption. 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.”

Significant events

• “Loss before taxation is £1,514,000 (2024: £1,709,000).”
• “Turnover has decreased from £88.3m to £29.5m. This reduction in turnover has ultimately resulted from the group board's strategic review of construction activities and decision to alter its procurement route to concentrate on land-led construction opportunities and partnership working and remove the reliance on competitively tendered projects where the risk transfer from customers has become disproportionate to the margins earned.”
• “The Company is pleased to have started one new construction project during the financial year which procured under its new partnership working procurement strategy with a total contract value of around £33m.”
• “As part of the wider Cruden group's restructuring exercise, all employees within the group's operating subsidiaries, including those that were employed by this Company, were transferred into one operating company during the prior year, Cruden Homes Limited, a sister subsidiary within the Cruden group.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  -66.6%

  £88,285,000 → £29,500,000

• Cash

  -98.1%

  £52,000 → £1,000

• Net assets

  -51%

  £2,149,000 → £1,053,000

• Employees

  —

  Not reported

• Operating profit

  +26.1%

  -£2,233,000 → -£1,651,000

• Profit before tax

  +11.4%

  -£1,709,000 → -£1,514,000

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