PROTEUS WATERPROOFING 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

  +0.6%

  £12,920,861 → £12,994,937

• Cash

  -0.4%

  £2,544,014 → £2,535,000

• Net assets

  -46.2%

  £3,777,003 → £2,033,491

  first positive since 2019

• Employees

  0%

  40 → 40

• Operating profit

  -2.3%

  £1,466,141 → £1,432,533

• Profit before tax

  -9.2%

  £1,416,435 → £1,285,981

• Wages

  +9.1%

  £2,065,323 → £2,253,973

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

Venthams Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' 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 and parent company's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.”

Group structure

1. PROTEUS WATERPROOFING LIMITED · parent
   1. Proteus Industrial Technologies Limited 100% · England & Wales · retail and wholesale of waterproofing, insulation and related products

Significant events

• “In June 2024, a gift of £3,173,510 was made to the Employee Ownership Trust. The directors subsequently loaned back £2,520,000 to the company, which is being repaid to the directors in equal instalments over a term of seven years.”

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

4

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.