REYNOLDS AND LITCHFIELD 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

  +0.4%

  £17,216,644 → £17,283,789

• Cash

  -10%

  £2,256,632 → £2,030,280

• Net assets

  +16.7%

  £1,902,900 → £2,220,738

  highest in 6 filed years

• Employees

  +11.8%

  34 → 38

  highest in 6 filed years

• Operating profit

  +3.5%

  £2,135,467 → £2,210,578

• Profit before tax

  +3%

  £2,147,873 → £2,212,288

  highest in 3 filed years

• Wages

  +19.1%

  £1,171,461 → £1,395,609

  highest in 3 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

DJH Audit 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. 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

• “Turnover has increased to £17.284M from £17.217M in the previous year. In turn, the gross profit percentage has also increased to 20.70% from 19.86% in the previous year. The company has maintained control over their costs and the increase in sales has meant that the company has generated a increase in gross profit of £159K to £3.578M (2023: £3.420M).”
• “The principal reasons for the increase in turnover are largely due to steel prices reducing from an all time high, so although the purchase price of steel has dropped, the business has been able to maintain a good rate of the sales price that is passed onto customers. Margins have improved due to a stronger focus on design and build, strategic procurement, and enhanced buying efficiencies, along with the use of new technology enabling completion of more complex projects.”
• “The financial position of the company remained strong at the year end, with net current assets increasing by £453K to £2.345M (2023: £1.892M). Although the cash balance decreased by £227K on the previous year to £2.030M (2023: £2.257M), the cashflow remains strong and cost control is maintained. Net assets have increased by £318K to £2.221M (2023: £1.903M).”

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

Filings

9

last 12 months

Capital events

2

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.