FOREST GATE CONSTRUCTION CO. 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

• Turnover

  -17.5%

  £15,875,464 → £13,104,298

• Cash

  -34.9%

  £7,207,148 → £4,693,038

• Net assets

  -29.7%

  £4,901,042 → £3,444,432

• Employees

  -3.8%

  26 → 25

• Operating profit

  -26.7%

  £1,680,218 → £1,231,014

• Profit before tax

  -22.4%

  £1,799,171 → £1,396,429

• Wages

  +8.8%

  £1,579,229 → £1,717,511

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

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

Myers Clark

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 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.”

Significant events

• “The principal activity of the company was that of building contractors.”
• “The Directors are satisfied with the results for the year which show a small decrease in the company's reserves due to the initial payment made to the Employee Ownership Trust (EOT).”
• “While turnover experienced a slight decline compared to the previous year, the company achieved a strong gross profit margin.”
• “The company has derived a large proportion of its turnover in previous years via public sector projects. This has resulted in the fluctuation of tenders received due to government fiscal pressures.”
• “The volume of tenders submitted throughout the period decreased on the previous period although the percentage of tenders secured remained similar at an approximate conversion rate of 1:4.”
• “Cash reserves have increased and the Directors place great important on having sufficient surplus funds to provide working capital for the Company's business.”
• “The directors recognise the increasing importance of the effect that the company and its employees have upon the environment and the demands placed upon contractors by local authorities and clients in that area.”
• “The company follows the Environmental Management Scheme and achieved the ISO14001 accreditation again this year.”

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.