PURGO SUPPLY SERVICES LTD

• ⚠

  Material uncertainty over going concern

  While a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern, the directors have a reasonable expectation that the Company will have adequate resources to meet its obligations as they fall due. Accordingly, the financial statements continue to be prepared a going concern basis.

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

  +39.3%

  £13,371,331 → £18,622,092

• Cash

  +45.3%

  £334,710 → £486,249

• Net assets

  -213.4%

  £54,461 → -£61,776

  lowest in 5 filed years

• Employees

  +34.5%

  794 → 1,068

  highest in 5 filed years

• Operating profit

  -75.6%

  £157,233 → £38,325

• Profit before tax

  -193.5%

  £90,460 → -£84,567

• Wages

  +41%

  £9,435,487 → £13,305,361

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

SKS Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“While a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern, the directors have a reasonable expectation that the Company will have adequate resources to meet its obligations as they fall due. Accordingly, the financial statements continue to be prepared a going concern basis.”

Significant events

• “In line with our growth strategy, we have a number of significant projects in the pipeline, with estimated values-and-start-dates spanning into 2025/26: These projects, across various sectors including education and trusts, represent a key part of our forward-looking plan.”
• “The company had net current liabilities of £115,970 and net liabilities of £61,776, primarily arising from a loss of £122,303 incurred during the year. These conditions indicate the existence of a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern.”
• “The directors have assessed the Company's financial position, including cash flow forecasts and funding requirements for a period of at least twelve months from the date of approval of these financial statements. In forming their judgment, the directors have considered the Company's future plans, which include a number of significant projects scheduled to commence in 2025/26 across sectors such as education and trusts.”

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

Filings

7

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.