H.TAYLOR & SON(BROCKLEY)LIMITED

• ⚠

  Material uncertainty over going concern

  The sale of Cheetah Marine, additional funding from current and new shareholders, as well as the required continued support from the group's bank, together represent material uncertainties that may cast significant doubt upon the group's ability to continue as a going concern. The Directors are confident that the actions being taken mean that we continue to prepare the accounts on a going concern basis.

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

  -1.8%

  £13,898,970 → £13,648,511

• Cash

  -31.3%

  £438,913 → £301,417

• Net assets

  -270.2%

  £819,465 → -£1,394,592

  lowest in 5 filed years

• Employees

  +17.8%

  73 → 86

  highest in 5 filed years

• Operating profit

  -42.6%

  -£1,456,997 → -£2,078,311

• Profit before tax

  -37%

  -£1,695,939 → -£2,323,220

• Wages

  +23.9%

  £2,424,744 → £3,005,429

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

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The sale of Cheetah Marine, additional funding from current and new shareholders, as well as the required continued support from the group's bank, together represent material uncertainties that may cast significant doubt upon the group's ability to continue as a going concern. The Directors are confident that the actions being taken mean that we continue to prepare the accounts on a going concern basis.”

Group structure

1. H.TAYLOR & SON(BROCKLEY)LIMITED · parent
   1. The RS Electric Boat Co Limited · UK · designer, builder and supplier of electric rigid inflatable boats (eRIB)
   2. Ocean Play Marine Limited · UK · building and retail of pleasure and sporting boats
   3. RS Europe · France · international designer, builder and supplier of sailboats and dinghies
   4. Cheetah Marine International Limited 85% · England · building pleasure, fishing and commercial boats

Significant events

• “Expectation that subsidiary RS Electric Boat Co. Limited will become dormant in FY2026.”
• “Advanced negotiations with a potential purchaser for the sale of 85% shareholding in Cheetah Marine.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.