LAUNCHRANDOM 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

  -2%

  £31,417,326 → £30,787,225

• Cash

  +3%

  £15,892,821 → £16,371,432

  highest in 3 filed years

• Net assets

  +20.6%

  £33,418,883 → £40,287,721

• Employees

  0%

  534 → 534

• Operating profit

  +10.5%

  £11,076,106 → £12,239,508

• Profit before tax

  +11.3%

  £11,344,586 → £12,627,161

• Wages

  -2%

  £13,387,409 → £13,117,645

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

Consolidated group

Auditor

Fairhurst Audit Services Ltd

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have reviewed the management accounts to date and the cash requirements for a period of 12 months from the date of approval of these financial statements, which indicate that, taking account of any possible reduction in occupation, the group will have sufficient funds to continue trading and to meet its liabilities as they fall due during that period. They therefore believe that it remains appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. LAUNCHRANDOM LIMITED · parent
   1. Cuerden Developments Limited 100% · England and Wales · Management & construction operations
   2. Cuerden Estates Limited 100% · England and Wales · Operation of residential & nursing care homes

Significant events

• “From early March 2020, the group adopted a pro-active stance to mitigate the risks presented by Covid-19. Although the majority of the procedures put in place have now been relaxed, Covid-19 remains an on-going challenge for the group and the whole sector.”

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

Filings

2

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.