SHROPSHIRE HOMES 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

  +15.8%

  £43,588,436 → £50,489,994

• Cash

  0%

  £118 → £118

• Net assets

  +5.7%

  £20,129,065 → £21,274,637

• Employees

  -2.6%

  115 → 112

• Operating profit

  +0.5%

  £4,116,542 → £4,138,130

• Profit before tax

  +2.6%

  £3,144,789 → £3,227,751

• Wages

  -1.9%

  £2,547,182 → £2,498,031

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

WR Partners

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 number of completions was 150 and the average selling price was £323,300 an increase from £306,980 in 2023 was as result of changes in the mix of dwellings sold.”
• “The Company carried 30 reservations forward to 2025”
• “The Company has strengthened its senior management over recent years and has now recruited a strong technical and managerial team and invested in new software systems. This together with the strong land pipeline and our partnership business puts the Company in a strong position to move forward.”
• “We continued to experience very frustrating planning delays in 2024 although these are beginning to ease and we expect to receive consent for over 700 homes in the first half of 2025.”
• “We anticipate sales in the region of £100m in 2027.”

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

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.