MAP TRADING 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

  +0.1%

  £29,956,000 → £29,982,000

• Cash

  +26.5%

  £701,000 → £887,000

• Net assets

  +7.1%

  -£2,507,000 → -£2,329,000

• Employees

  +3.1%

  32 → 33

• Operating profit

  -52.9%

  £1,834,000 → £864,000

• Profit before tax

  -80.4%

  £1,198,000 → £235,000

• Wages

  +11.5%

  £1,193,000 → £1,330,000

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. MAP TRADING LIMITED 1999-05-21 → present
2. BESTWAY MILLING LIMITED 1991-08-28 → 1999-05-21
3. ICECROSS LIMITED 1984-06-22 → 1991-08-28

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company balance sheet shows net liabilities of £2.3 million as at the balance sheet date. Notwithstanding this, the financial statements have been prepared on a going concern basis, which the directors believe to be appropriate for the following reasons. The directors have received assurances from the board of directors of its immediate parent company, Bestway Wholesale Limit”

Significant events

• “Gross profit decreased to £2.9 million (2024: £3.7 million) due to competitive pricing pressures, which reduced the overall gross margin to 9.5% (2024: 12.5%). Operating profit for the year was £0.9 million, down from £1.8 million in the prior year, primarily due to higher cost of sales and inflationary increases in administrative expenses.”
• “The Company's net liabilities position improved to £2.3 million (2024: £2.5 million).”
• “The National Living Wage is expected to increase at a rate higher than general inflation, which is expected to remain at mid-single digit growth. This is expected to drive a modest reduction in future profits.”

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.