THE AMES COMPANIES UK 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

  +29%

  £17,831,756 → £22,994,265

• Cash

  +153%

  £1,438,797 → £3,640,479

  highest in 3 filed years

• Net assets

  +2,096.2%

  £1,089,054 → £23,917,429

  highest in 3 filed years

• Employees

  +8.4%

  155 → 168

• Operating profit

  +7.6%

  -£8,399,589 → -£7,757,738

• Profit before tax

  +8.2%

  -£8,419,928 → -£7,725,998

• Wages

  +12.5%

  £6,191,971 → £6,964,157

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. THE AMES COMPANIES UK LTD. 2024-06-27 → present
2. KELKAY LIMITED 2001-05-18 → 2024-06-27

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have reviewed the profit and loss and cashflow forecast of the company. Despite the macro-economic uncertainties the UK faces, post year end cash shortfalls have been addressed by obtaining funding and letters of support from the ultimate parent company. Based on the forecast trading, profitability and liquidity for 2025 and 2026 the directors consider that the company has adequate resources, with the support from the ultimate parent company, to continue operations for the foreseeable future, being a period of not less than twelve months from the date of signing the financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. THE AMES COMPANIES UK LTD. · parent
   1. La Hacienda Limited 100%
   2. Vatre Terracotta Limited 100%
   3. Kelkay Limited 100%

Significant events

• “On 1st July 2024 all assets and liabilities were transferred from sister companies La Hacienda Limited, Vatre Terracotta Limited and Kelkay Limited (formerly Vatre Group Limited) into The Ames Companies UK Ltd (formerly Kelkay Limited) as part of a Legal Entity Consolidation exercise to streamline the businesses in line with our long term vision to create one site and simplify our processes, ensuring a more seamless and efficient purchasing process for our customers.”
• “On the 27 June 2024, the name of Kelkay Limited was changed to The Ames Companies UK Ltd.”
• “In May 2024 the decision was made to cease manufacturing wood products as it is more cost efficient to buy in than manufacture.”
• “In December 2024 the phased move of operations from the three warehouses at Stroud to Pollington commenced. As at the date of approval of these financial statements, one warehouse at the Stroud site remains operational. This final unit is scheduled for closure by December 2025, at which point all UK operational activities will be fully consolidated at the Pollington site.”
• “In November 2024, a major customer, Homebase, entered into administration. The financial statements include appropriate provisions to recognise the risk of non-payment. At the time of signing these accounts, the outcome of any potential settlement remains unresolved.”
• “In October 2024 a new ERP system was implemented to enhance operational efficiency and data integrity. The system provides a single platform for finance, procurement, inventory, logistics and offers real time visibility. Whilst the implementation is expected to deliver long term efficiencies and stronger internal controls, the company experienced temporary operational challenges that impacted the efficiency of order fulfilment. These issues, which arose during the transition to the new systems and processes, led to delays in dispatching customer orders. Remedial actions have since been implemented, and operational performance has shown a marked improvement in subsequent periods.”
• “Following the legal entity consolidation, the subsidiaries La Hacienda Limited and Vatre Terracotta Limited and Kelkay Limited (formerly Vatre Group Limited), are dormant companies, and we have therefore applied to strike off all three entities from Companies House.”

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

2

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.