GARELOCH SUPPORT SERVICES (PLANT) LIMITED

• ⚠

  Material uncertainty over going concern

  However, the factors highlighted above create a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern.

1. GARELOCH SUPPORT SERVICES (PLANT) LIMITED 1989-07-31 → present
2. LOCKMITE LIMITED 1989-05-03 → 1989-07-31

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

Reporting scope

Standalone (parent only)

Auditor

French Duncan LLP, trading as AAB

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“However, the factors highlighted above create a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern.”

Group structure

1. GARELOCH SUPPORT SERVICES (PLANT) LIMITED · parent
   1. Gareloch Support Services B.V. 90% · The Netherlands · dormant company
   2. GSS Holding B.V. 75% · The Netherlands · holding company
   3. GSS Marine Services B.V. 75% · The Netherlands · provision of expert support services for marine construction, engineering, repair and maintenance
   4. Marilyn M B.V. 75% · The Netherlands · provision of expert support services for marine construction, engineering, repair and maintenance

Significant events

• “Subsequent to the balance sheet date the company has disposed of workboats for c£11.75m as part of an asset realisation and debt reduction strategy.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  -7.5%

  £15,021,107 → £13,895,831

• Cash

  +0.2%

  £267,725 → £268,293

• Net assets

  -39.5%

  £9,939,993 → £6,009,549

• Employees

  +8.5%

  59 → 64

• Operating profit

  -49.3%

  £866,177 → £439,075

• Profit before tax

  -52.4%

  -£647,499 → -£986,639

• Wages

  +8.8%

  £2,255,293 → £2,454,306

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