MELDON VILLAGE STORAGE AND DRYING 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

  -34.7%

  £622,216 → £406,520

• Cash

  +133.2%

  £110,883 → £258,596

• Net assets

  -450.2%

  £46,010 → -£161,150

• Employees

  0%

  2 → 2

• Operating profit

  -498.5%

  £59,819 → -£238,376

• Profit before tax

  -506.9%

  £57,995 → -£235,983

• Wages

  -0.6%

  £80,254 → £79,792

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.

1. MELDON VILLAGE STORAGE AND DRYING LIMITED 2001-03-23 → present
2. CROSSCO (522) LIMITED 2000-11-28 → 2001-03-23

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Greaves West & Ayre

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. The company has generated a loss this year but a profit in the prior year. Over the longer term, such losses are not sustainable. The directors are currently considering the actions that they could take to improve the company's prospects. The company continues to have the support of its parent company, Tynegrain Limited and wider group companies. While this support remains, there is no material uncertainty, about the company's ability to continue as a going concern.”

Significant events

• “The company continues to provide drying and storage services to the local farming community. The result reflects the challenging year due to the low harvest yield.”
• “Further investment was made to the store so it can continue to offer speed of turnaround required by its clients. Further capital expenditure will be made to maintain and improve its facilities.”
• “The unlimited cross guarantee between the company and Tynegrain Limited allows some mitigation of exposure to cashflow and liquidity risk.”

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.