MCTEAR GROUP LIMITED

• ⚠

  Confirmation statement overdue

  Due 2026-04-02.

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

AAB Audit & Accountancy Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making enquiries, and having taken all factors into account, the director has a reasonable expectation that the group have adequate resources to continue in operational existence for the foreseeable future. Accordingly, the group continues to adopt the going concern basis in preparing the annual report and accounts.”

Group structure

1. MCTEAR GROUP LIMITED · parent
   1. McTear Contracts Limited 100% · Scotland

Significant events

• “Turnover has decreased from £14,484,939 to £12,177,846. The gross profit has increased from £1,866,935 (12.89%) to £2,037,179 (16.72%). The profit before tax is £731,503 compared with £650,675 in 2024 and overall, the group considers the results for the year to be satisfactory. The group expects strong results in the years to 31 March 2026 and 31 March 2027.”
• “Most of the group's work comes from tendering and framework agreements with local councils covering a four-to-five-year period, giving continuity of workload visibility and a level of recurring revenue. The group has built up a formidable reputation amongst its customers, with references often supplied by existing customers to potential new customers. The group has retained frameworks from three separate clients for fourteen continuous years.”

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

Filings

1

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

  +104.9%

  £265,352 → £543,584

• Employees

  -21.1%

  95 → 75

• Operating profit

  +6.8%

  £780,833 → £834,298

• Profit before tax

  +12.4%

  £650,675 → £731,503

• 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