GLEN WATER 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

  +6.2%

  £34,621,000 → £36,767,000

• Cash

  -57.2%

  £1,007,000 → £431,000

• Net assets

  -0.9%

  -£12,842,000 → -£12,955,000

• Employees

  —

  Not reported

• Operating profit

  -46.7%

  £10,158,000 → £5,413,000

• Profit before tax

  -94.8%

  £4,743,000 → £248,000

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. GLEN WATER LIMITED 2006-02-16 → present
2. CONTINENTAL SHELF 357 LIMITED 2005-11-21 → 2006-02-16

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have reviewed the Company's projected profits and cashflows for a period of at least 12 months from the signing of these financial statements. Having examined the current status of the principal contracts and likely developments in the foreseeable future, the directors consider that the Company will be able to settle its liabilities as they fall due for at least 12 months from the date of approval of these financial statements. Accordingly the financial statements have been prepared on a going concern basis.”

Significant events

• “Following two separate incidents at one of our sites, which caused damage to the company's assets and increased subcontractor costs, the company and its subcontractor have outstanding insurance claims, in relation to those events. The company is working with its subcontractor to provide the insurer with all necessary information in order to settle these claims.”

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.