H I S HOLDINGS LIMITED

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

Consolidated group

Auditor

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In forming their assessment, the directors have considered the secured nature of the borrowings, the group's forecast cash flows and the expectation of the lender's ongoing support. Based on this assessment, the directors consider it appropriate to prepare the financial statements on a going concern basis and have concluded that no material uncertainty exists that would cast significant doubt on the company's ability to continue as a going concern.”

Group structure

1. H I S HOLDINGS LIMITED · parent
   1. Highland Industrial Supplies Limited 100% · Scotland · Sale and distribution of supplies to a range of industries

Significant events

• “The business was impacted by the collapse of a key buying group in the year, which is the principal reason for reduced profit levels achieved in the current year.”
• “As mentioned above, there was a decrease to the pre-tax profit this year due to a one-off event.”

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

  +6.2%

  £65,314,878 → £69,357,253

• Cash

  +8.9%

  £279,008 → £303,711

• Net assets

  +7.7%

  £14,375,402 → £15,484,141

• Employees

  +5.5%

  237 → 250

• Operating profit

  -64.7%

  £1,660,935 → £585,821

• Profit before tax

  -83.7%

  £1,396,556 → £227,406

• Wages

  +8.5%

  £8,390,287 → £9,104,554

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