CLAYMORE ROADS LIMITED

• ⚠

  Material uncertainty over going concern

  In reaching this conclusion, the Directors acknowledge that the non-waiver of the breaches of covenants indicates the existence of a material uncertainty which may cast significant doubt about the Company's ability to continue as a going concern and therefore it may be unable to realise its assets and discharge its liabilities in the normal course of business.

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

  -30.5%

  £3,775,246 → £2,623,797

• Cash

  +10.1%

  £9,829,977 → £10,818,155

  highest in 3 filed years

• Net assets

  +12.2%

  -£5,450,274 → -£4,784,206

• Employees

  —

  Not reported

• Operating profit

  +1.3%

  £284,429 → £288,175

• Profit before tax

  +21.9%

  -£259,004 → -£202,397

  highest in 3 filed years

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

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“In reaching this conclusion, the Directors acknowledge that the non-waiver of the breaches of covenants indicates the existence of a material uncertainty which may cast significant doubt about the Company's ability to continue as a going concern and therefore it may be unable to realise its assets and discharge its liabilities in the normal course of business.”

Significant events

• “The Company has been in breach of lending covenants in both the prior and current year due to historic costs incurred to resolve litigation and higher than initially forecast expenditure for major maintenance.”
• “During the year, and at the date of this report, the Company has in place qualifying third party indemnity provisions for the benefit of its directors.”

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.