HEADSTOCK DISTRIBUTION LIMITED

• ◆

  2 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

  +8.3%

  £15,400,168 → £16,670,807

• Cash

  -64.7%

  £2,139,469 → £756,183

• Net assets

  +3.2%

  £9,772,047 → £10,087,919

• Employees

  +6.4%

  47 → 50

• Operating profit

  +1.1%

  £691,158 → £699,071

• Profit before tax

  -2.4%

  £786,929 → £768,341

• Wages

  +6.3%

  £2,107,710 → £2,239,740

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. HEADSTOCK DISTRIBUTION LIMITED 2004-10-15 → present
2. BLT INDUSTRIES LIMITED 1988-11-22 → 2004-10-15
3. LANEY AMPLIFICATION LIMITED 1980-03-20 → 1988-11-22

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Walker Hubble

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 company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.”

Significant events

• “Sales of the company for the year in question have increased by 8%. This is mainly due to the market conditions globally improving, successful launch of new product and diversification of product within the domestic market.”
• “The UK sales of the company increased by 8% during the year and export business increased by 10%.”
• “Overhead costs rose by 5% largely as a result of marketing, labour and travel expenditure increasing further during this year.”
• “The company is pleased to report pre tax profits of £768,341 for the year.”

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

Filings

8

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.