THOMASON PARTNERSHIP 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

  -8.8%

  £12,855,791 → £11,722,779

• Cash

  +11.3%

  £3,883,316 → £4,323,639

  highest in 4 filed years

• Net assets

  +1.5%

  £7,965,267 → £8,088,695

  highest in 4 filed years

• Employees

  +4.8%

  62 → 65

  highest in 4 filed years

• Operating profit

  -97.3%

  £2,640,447 → £72,406

• Profit before tax

  -93.7%

  £2,686,091 → £169,397

• Wages

  +16.6%

  £4,597,301 → £5,358,965

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

Chadwick and Company (Manchester) Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “In the year turnover decreased by 9% from £12.8m to £11.7m, with the reduction attributable to the previous year's turnover reflecting successful recovery of provisions in respect of cladding projects. The reported operating profit has decreased from £2.6m to £72k, predominantly due to the distribution of profits to the employees in respect of the employee ownership of the business.”
• “Trading conditions remain competitive, recruitment of skilled staff and high wage inflation continue to cause challenges in achieving growth required to support increasing existing client demands, in some areas. The recruitment, and retention of staff remains a key area for the business and the success of doing so will greatly influence performance going forward.”
• “The construction industry is slowly learning and adapting to a change in legislation associated with Higher Risk Buildings, which brings additional costs and reduced pace of project delivery. As anticipated, this will take a number of years to flow through the construction industry as a whole and will continue to have an impact on efficiency for some time.”

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

Filings

10

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.