DEVOL KITCHENS 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

  +4.4%

  £35,487,268 → £37,046,315

  highest in 4 filed years

• Cash

  -16.8%

  £4,670,813 → £3,886,471

  lowest in 4 filed years

• Net assets

  +29.8%

  £17,505,090 → £22,724,179

  highest in 4 filed years

• Employees

  +14.6%

  329 → 377

  highest in 4 filed years

• Operating profit

  -21.8%

  £5,852,749 → £4,574,512

• Profit before tax

  -22.2%

  £6,000,545 → £4,669,725

• Wages

  +13.4%

  £10,392,205 → £11,788,686

  highest in 4 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

Meadows & Co Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have prepared the financial statements on a going concern basis. Before confirming the appropriateness of the going concern basis of preparation, the directors reviewed the following: - The relative strength of the Company's Balance Sheet - The level of cash held by the company and access to third party debt if required - The strength of the future orders. Given the above, the directors believe that the Company have the resources required to settle all liabilities as they fall due for at least 12 months from the date of signing the financial statements and that no material uncertainties exist. Accordingly, the financial statements have been prepared on a going concern basis.”

Significant events

• “Being awarded the Kings Award for Enterprise for International Trade was an honour that propelled the business into overdrive to ensure domestic and international sales continued to rise”
• “This financial year has allowed deVOL to see the financial impact the new Bath showroom has made to the revenue figure; the results are impressive for the first year of operation.”
• “Along with the new showroom, capital has been invested into developing a new workshop that is now in use with a large proportion of the workforce under one roof”
• “deVOL continues to reap the benefits from 'For the Love of Kitchens', a successful TV show with 2 seasons aired on the Magnolia Network owned by celebrity hosts, Chip and Joanna Gains, with the first episode having aired in 2021.”
• “Enhanced global recognition of the deVOL brand with the publishing of the well sought-after book 'The deVOL Kitchen' with renowned publishing group, Penguin, has certainly aided the brand.”
• “Receiving the Kings Award for Enterprise for International Trade was an honour and solidifies the importance of investing in deVOL's overseas presence to continue reaching new audiences”

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

Filings

5

last 12 months

Capital events

1

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.