R. THORNTON & CO. LTD.

• ⚠

  Material uncertainty over going concern

  As stated in note 2, these events or conditions, along with the other matters as set forth in note 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

  -18.2%

  £8,841,361 → £7,235,175

• Cash

  —

  Not reported

• Net assets

  -141.8%

  £488,593 → -£204,099

  lowest in 5 filed years

• Employees

  -7.3%

  55 → 51

• Operating profit

  -7.7%

  -£470,489 → -£506,518

• Profit before tax

  -10%

  -£629,501 → -£692,692

• Wages

  -5.7%

  £1,763,756 → £1,662,617

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

Robson Laidler Accountants Limited t/a Tindle's

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As stated in note 2, these events or conditions, along with the other matters as set forth in note 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.”

Group structure

1. R. THORNTON & CO. LTD. · parent
   1. Emmex Freight Services Limited 100% · United Kingdom

Significant events

• “Since the balance sheet date the company has purchased and disposed of various tangible fixed assets in the normal course of trading.”
• “In addition, the company has successfully completed the process of transferring to a new invoice finance provider since the balance sheet date.”
• “a potential Group property disposal transaction which has now entered exclusivity;”
• “initial discussions having been entered into between the Group and HM Revenue and Customs regarding a time to pay arrangement for certain liabilities;”

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.