MCTEAR CONTRACTS LIMITED

1. MCTEAR CONTRACTS LIMITED 2007-05-18 → present
2. MCTEAR ELECTRICAL SERVICES LIMITED 2006-10-03 → 2007-05-18

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

AAB Audit & Accountancy Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The director is satisfied that the company has adequate resources to enable it to meet its liabilities as they fall due for the forseeable future. The company has a strong order book and expects a significant increase in profitability in the years to 31 March 2026 and 31 March 2027. As evidenced by cash flow projections, the company anticipates cash surpluses over the next two years as well as an improving working capital position. After making enquiries, and having taken all factors into account, the director has a reasonable expectation that the company have adequate resources to continue in operational existence for the foreseeable future. Accordingly, the company continues to adopt the going concern basis in preparing the annual report and accounts.”

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

  -15.9%

  £14,484,939 → £12,177,846

• Cash

  -43.7%

  £323,784 → £182,161

• Net assets

  +25.2%

  £3,019,131 → £3,779,091

• Employees

  -21.1%

  95 → 75

• Operating profit

  +4.8%

  £1,107,498 → £1,160,963

• Profit before tax

  +8.3%

  £977,340 → £1,058,168

• Wages

  -12.9%

  £3,305,495 → £2,878,380

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