CRANEW 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

Standalone (parent only)

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company has a healthy cash and net assets position and thus the Board of Directors is satisfied that there are sufficient resources in place to continue operating for the foreseeable future. Thus the Directors continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Group structure

1. CRANEW LIMITED · parent
   1. AMG Group Limited 100% · Production, marketing and wholesale of outdoor leisure equipment
   2. Blacks of Greenock Limited 100% · Non trading
   3. Vango (Scotland) Limited 100% · Non trading

Significant events

• “Macro-economic and inflationary pressures impacted negatively on consumer confidence throughout 2024, as it had during 2023.”
• “company and group made a conscious decision not to adopt this strategy, electing instead to protect the brand strength, maintain pricing which reflected the quality and innovation of our products, and restrict discounting to selective products that strategically the group wished to clear ahead of 2025.”
• “During 2024 the company and group has taken, and continues to take, actions to significantly reduce the stock holding in its subsidiary undertaking.”
• “the group continued with its programme of replacing company cars with electric or hybrid vehicles.”

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

  -42.6%

  £360,565 → £207,085

• Cash

  -0.3%

  £8,695 → £8,665

• Net assets

  0%

  £16,130,884 → £16,130,884

• Employees

  —

  Not reported

• Operating profit

  -42.6%

  £360,565 → £207,085

• Profit before tax

  -42.6%

  £360,565 → £207,085

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