SHINGLER HOMES 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

  -4.9%

  £13,253,828 → £12,604,475

• Cash

  -78.4%

  £312,565 → £67,485

• Net assets

  -6%

  £5,932,897 → £5,576,673

• Employees

  +4.3%

  23 → 24

  highest in 6 filed years

• Operating profit

  -64.6%

  £872,045 → £308,315

• Profit before tax

  -82.4%

  £777,941 → £136,727

• Wages

  -17.6%

  £1,211,193 → £997,490

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

Independent Auditors LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “During the financial year the Company experienced a 4.9% decrease in turnover. This reduction is mainly attributed to the delays in planning sign off on new sites that were due to commence early in the year, this delayed construction and the availability of units available for sale in the later months of the year.”
• “We faced challenges that impacted our gross margin, which decreased from 14.9% to 11.7%. This reduction was due to continued increase in material and labour costs, the implementation of new building regulation requirements, as well as delays in receiving necessary planning permissions.”
• “The average sales price of our properties reduced from £323,000 to £307,000, this reduction in average selling price can be attributed to a higher proportion of slightly smaller homes sold compared to the prior year.”
• “Although the company experienced a challenging year, prospects for the coming financial year are considered to be stronger with good progress and significant forward sales secured on existing sites.”
• “We have strengthened our management team, which has been pivotal in driving our growth and ensuring robust operational oversight.”
• “Our strategic focus remains on expanding our portfolio, improving operational efficiencies, and delivering high-quality energy efficient homes that meet market demands.”

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.