SKRATCH ENTERPRISES LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

  +13.4%

  £3,829,679 → £4,343,578

  highest in 3 filed years

• Cash

  —

  Not reported

• Net assets

  -266.6%

  -£176,542 → -£647,249

  lowest in 5 filed years

• Employees

  -23.3%

  30 → 23

  lowest in 5 filed years

• Operating profit

  +19.6%

  -£557,621 → -£448,199

• Profit before tax

  +19.5%

  -£563,700 → -£453,619

• Wages

  -12.4%

  £1,084,094 → £949,682

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. SKRATCH ENTERPRISES LIMITED 2015-02-18 → present
2. JAETEC LIMITED 2012-07-31 → 2015-02-18
3. JAETEC ENGINEERING SOLUTIONS LIMITED 2004-02-19 → 2012-07-31

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Azets Audit Services Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have considered all factors, including in the wider economy, as part of their assessment of going concern. As the current economic climate creates both cashflow and profitability risks for the company, the directors have prepared forecasts on a sensitised basis, taking into account all relevant factors. Although losses have been incurred, the company was a strategic acquisition for the wider UK group. UK group forecasts have indicated that the UK parent company, L.B. Foster Rail Technologies (UK) Limited, has sufficient resources and a willingness to continue to pledge ongoing support to this company. As such, the directors believe on balance that they have sufficient resources to enable trading to continue for a period of at least one year from the date of approval of the financial statements. Accordingly, these financial statements have been prepared on the going concern basis.”

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

Filings

10

last 12 months

Capital events

1

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.