WALTER CAREFOOT & SONS (CONSTRUCTION) 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

  -21.5%

  £22,388,141 → £17,571,828

• Cash

  +9.8%

  £4,017,378 → £4,410,330

  highest in 4 filed years

• Net assets

  +0.8%

  £7,458,809 → £7,519,233

• Employees

  -14.9%

  47 → 40

  lowest in 4 filed years

• Operating profit

  -14.8%

  £1,456,071 → £1,240,346

• Profit before tax

  -7.6%

  £1,523,456 → £1,406,995

• Wages

  -6.1%

  £1,688,596 → £1,585,930

  lowest in 4 filed years

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.

1. WALTER CAREFOOT & SONS (CONSTRUCTION) LIMITED 1994-08-31 → present
2. WALTER CAREFOOT AND SONS LIMITED 1959-04-17 → 1994-08-31

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Pierce C A Limited

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.”

Significant events

• “The company's turnover has decreased to £17.5m (2024: £22.4m) but profit before tax has remained consistent at £1.4m (2024: £1.5m), which is testament to the work the Board has done within each department, to drive efficiencies, and also the hard work of the staff. The financial results are excellent when considering the challenges faced by the business this year. The cash position has remained strong at £4.4m (2024: £4m).”
• “The construction industry is still currently experiencing a skills shortage and labour supply shortages.”
• “The challenge for this year 2025/26 is the ongoing economic situation which has created a lull in new project starts across the industry which has caused a hardening in tender margins.”
• “A number of our competitors still appear to be chasing turnover for cash flow and tendering projects at less than cost which is keeping the market value at very low margins which is not sustainable in the long term.”

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

Filings

4

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.