ADANA CONSTRUCTION LTD

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

  -1.8%

  £64,372,555 → £63,214,269

• Cash

  -50.4%

  £8,709,296 → £4,321,413

• Net assets

  +19.1%

  £5,711,299 → £6,800,319

• Employees

  +2.9%

  70 → 72

• Operating profit

  -50.4%

  £6,818,412 → £3,385,130

• Profit before tax

  -50%

  £6,818,412 → £3,412,489

• Wages

  +0.9%

  £4,341,405 → £4,381,850

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

Xeinadin Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“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

• “As well as the current economic climate putting risks on the construction market, there has also been new legislation for high rise residential buildings which has seen a delay in projects commencing in this sector.”
• “During this period, Adana took the short-term decision to reduce potential profit levels on larger schemes to ensure that future workload is secured.”
• “The company also continues to manage market risks by broadening the company's client base ensuring that numerous construction sectors are covered. This continues to come to fruition with future contracts being secured for the next 18 months.”
• “Adana Construction Ltd aim to reduce the Co2 production from the business which will benefit the local and global environments and have now started to put measures in place to monitor performance. Adana have already invested in Hybrid / electronic vehicles, installed electronic charging points, installed solar panels to the head office, and are looking to invest in future technology that would contribute to a greener environment.”
• “Adana are also researching the use of electric plant on site to reduce the Co2 production of the business as well as the use of HVO fuel for site plant which will decrease emissions further. Small plant emissions continue to be improved by increasing the quantity of battery-operated equipment in lieu of plant requiring the use of fossil fuels.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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.