AKV CLADDING PRODUCTS LTD

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

  -11.6%

  £16,351,089 → £14,455,431

• Cash

  -44.3%

  £904,350 → £503,714

• Net assets

  -47.7%

  £1,121,403 → £586,638

  lowest in 6 filed years

• Employees

  -1.4%

  69 → 68

  lowest in 6 filed years

• Operating profit

  -53.5%

  £1,920,216 → £892,449

• Profit before tax

  -47.9%

  £2,285,523 → £1,190,913

• Wages

  -0.3%

  £2,822,732 → £2,813,471

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

Waltons Business Advisers Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors, having made due and careful enquiry and preparing forecasts, are of the opinion that the company has, with the support of the invoice factoring arrangement and significant cash reserves, adequate working capital to execute its operations over the next 12 months. The directors, therefore, have made an informed judgement, at the time of approving the financial statements, that there is reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. As a result the directors have continued to adopt the going concern basis of accounting in preparing the annual financial statements.”

Group structure

1. AKV CLADDING PRODUCTS LTD · parent
   1. AKV Architectural Facades Limited 100%

Significant events

• “In the interest of succession, the directors felt that following a number of successful years trade and in recognition of their hard work over a challenging period, that an MBO would be offered to the current senior management team. The directors are delighted to announce that as a result of this offering, AKV Group Limited has welcomed five additional members to the board, while retaining two existing members.”

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.