HODGE CLEMCO 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

  +1.1%

  £18,670,532 → £18,882,403

  highest in 4 filed years

• Cash

  -58.3%

  £2,320,396 → £966,508

• Net assets

  +17.2%

  £7,806,142 → £9,148,881

  highest in 3 filed years

• Employees

  +1.3%

  76 → 77

• Operating profit

  +2.6%

  £1,757,764 → £1,802,898

• Profit before tax

  +3.2%

  £1,764,083 → £1,820,639

  highest in 5 filed years

• Wages

  +1.3%

  £2,990,261 → £3,029,841

  highest 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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BHP LLP

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 company has secured a satisfactory growth in sales on a 12-month comparison to 2023, in-line with expectations.”
• “The increase in gross profit margin achieved in 2024 illustrates the effective cost management strategies implemented by the management board, including the mitigation of rising haulage costs from abrasive imports from Asia following strategic management decisions made.”
• “EBITDA in 2023 was impacted by global inflationary cost increases. Following successful initiatives implemented to effectively manage EBITDA, notable improvement has been achieved in terms of profitability.”
• “The increase in net current assets demonstrates the company's improved liquidity, because of strong working capital management. The net assets of the company remain substantial, evidencing the strong financial strength of the company. The growth achieved represents retained profits for 2024.”
• “Key risks faced by the company include, change in legislation and tariffs due to political instability, reduced sales due to new competition.”

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

1

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.