SWL 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 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 group's and parent 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.”

Group structure

1. SWL LIMITED · parent
   1. Flintshire Woodlands Limited 100% · UK · Dormant
   2. SWOAC Limited 100% · UK · Dormant
   3. Scottish Woodlands Limited 100% · UK · Forestry Management

Significant events

• “The expansion of the pest free zone and the subsequent discovery of Ips cembra in Ireland has suspended all exports to Ireland from the west of Scotland. This has resulted in less activity in Argyll.”
• “Storm damage clearance operations have played a significant part in the Group's timber harvesting and marketing activities, although this will reduce significantly as we move into 2025.”
• “The Scottish Government target for new tree planting was 16,500 hectares for 2023/24 with 15,000 hectares achieved. Whilst the new woodland creation (NWC) budget has now been reduced and targets parked the Group continues to be a significant contributor to the implementation of NWC, with over 3000 hectares planted in season 2023/24. This is the most planted by Scottish Woodlands since the 1980s.”
• “Since the balance sheet date, the group have spent a total amount of £4,285,391 on tangible fixed assets and acquisitions.”

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

Filings

4

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

  +5.9%

  £111,604,000 → £118,158,000

• Cash

  +40.2%

  £6,254,000 → £8,766,000

• Net assets

  +13.8%

  £22,806,000 → £25,962,000

• Employees

  +9.5%

  232 → 254

• Operating profit

  -1.6%

  £4,609,000 → £4,535,000

• Profit before tax

  -1.2%

  £4,548,000 → £4,494,000

• Wages

  +14.2%

  £9,741,000 → £11,124,000

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