BURTONS MEDICAL EQUIPMENT LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to note 2.2 in the financial statements, which indicates that the Group breached its banking covenants post year end. As stated in note 2.2, these events or conditions, along with the other matters as set forth in note 2.2, indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

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

  +8.6%

  £19,535,694 → £21,220,808

  highest in 4 filed years

• Cash

  +1,013.7%

  £36,792 → £409,748

• Net assets

  -11.5%

  £3,575,022 → £3,165,197

• Employees

  +1.8%

  110 → 112

  highest in 6 filed years

• Operating profit

  -5.1%

  £1,298,506 → £1,232,525

• Profit before tax

  -5.3%

  £1,265,637 → £1,198,299

• Wages

  +8.3%

  £4,539,195 → £4,915,015

  highest in 6 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.

1. BURTONS MEDICAL EQUIPMENT LIMITED 2001-02-14 → present
2. BURTONS OF MAIDSTONE LIMITED 1986-08-06 → 2001-02-14

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 2.2 in the financial statements, which indicates that the Group breached its banking covenants post year end. As stated in note 2.2, these events or conditions, along with the other matters as set forth in note 2.2, indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”

Significant events

• “The Company has continued with its research and development projects into new equipment to be manufactured and management remain confident that current customer needs will continue to be met by the Company and any future developments will be commercially and financially viable.”
• “The Company's longstanding strategic risk pertaining to security of tenure of the properties it occupies was significantly mitigated with the acquisition of new freehold premises. The Company will commit substantial resources to the continued improvement and development of this property, to both improve the efficiency of its operations and ensure the longevity of the buildings. The Company will also be committing further resources to it's research and development of new equipment to enhance the offering of products that it manufactures in the UK.”

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

Filings

3

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.