GLOSROSE HOLDINGS LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  +14.5%

  £12,229,417 → £14,002,168

• Cash

  -57.5%

  £1,176 → £500

• Net assets

  -11.3%

  £369,422 → £327,564

• Employees

  +6.3%

  32 → 34

• Operating profit

  -43.4%

  £392,118 → £222,107

• Profit before tax

  -123.8%

  £139,748 → -£33,251

• Wages

  +10.2%

  £1,347,560 → £1,484,894

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

Consolidated group

Auditor

TC Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. GLOSROSE HOLDINGS LIMITED · parent
   1. Glosrose Engineering Limited 100% · England and Wales

Significant events

• “The turnover for 2024 increased to £14.00 m from £12.2m from the previous year. Equipment stock for the year has been reviewed to ensure stock held is of good quality and those that have not met high standards have been traded, which has resulted in a lower gross profit margin and EBITDA. This is a one off exercise and we expect the EBITDA and gross profit margins to be in line or above with the 2023 figures. There is a continued focus for 2025 to review costs and improve the gross margins.”
• “The Group has launched a new website and social media platform to help increase the sales, service and parts enquiries to assist the strategy of increasing sales.”

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

Filings

3

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.