WILLIAM FISHWICK & SON LIMITED

• ◆

  3 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  -16.1%

  £15,216,509 → £12,762,668

• Cash

  -89.7%

  £11,042,445 → £1,135,339

  lowest in 4 filed years

• Net assets

  -78.9%

  £36,371,861 → £7,691,798

• Employees

  -16.7%

  12 → 10

  lowest in 3 filed years

• Operating profit

  +0.4%

  £5,124,995 → £5,147,732

• Profit before tax

  -17.6%

  £6,423,969 → £5,292,119

• Wages

  -44.7%

  £744,513 → £412,083

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

Consolidated group

Auditor

Mitchell Charlesworth (Audit) Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's 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. WILLIAM FISHWICK & SON LIMITED · parent
   1. Vantage Real Estate Limited 75% · UK
   2. Take Stok Limited 50% · UK

Significant events

• “During the year all existing loans with William Fishwick & Son Limited, Vantage Real Estate Limited and Vantage SPV 1 LLP have been restructured as part of the demerger agreement and new loans were issued by William Fishwick & Son Limited, Vantage Real Estate Limited, Vantage SPV 1 LLP, Cherry Walk Holdings Limited, Skate Limited and Park 8 Holdings Limited. All loans have interest charged at 7% per annum.”
• “The group received a government grant of £3.5 million from Stockport MBC in 2023 to support the acquisition and development of a specific property as part of the government's Build Build Build Scheme. In accordance with the requirements of FRS 102, the grant is recognised as deferred income on the balance sheet to be released to the profit and loss in line with the cost of the underlying asset.”
• “During the year, dividends declared and paid were not part of the company's ordinary dividend policy, but arose as part of a reorganisation under which certain shareholders exited the company. As part of this process, the company distributed certain properties and other assets to the former shareholders as dividends in specie.”

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.