GORILLA GLUE EUROPE 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

  +12.6%

  £36,238,000 → £40,802,000

• Cash

  +50.7%

  £2,680,000 → £4,039,000

  highest in 5 filed years

• Net assets

  +17.4%

  £15,453,000 → £18,138,000

• Employees

  0%

  69 → 69

• Operating profit

  +170.8%

  £1,271,000 → £3,442,000

• Profit before tax

  +171%

  £1,319,000 → £3,575,000

• Wages

  +9.8%

  £3,938,000 → £4,324,000

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“These financial statements have been prepared on a going concern basis. The current economic conditions present risks for all business. In response to such conditions, the Directors have carefully considered these risks, including an assessment of uncertainty on future trading projections for a period of at least 12 months form the date of signing the financial statements, and the extent to which they might affect the preparation of the financial statements on a going concern basis. The Directors have confirmed that they believe they will continue to grow their revenues and net profits throughout the changing and challenging economic landscape as set out in the Strategic Report. The Directors envisage the Company will continue to be in a strong position with the support of The Gorilla Glue Company. The Statement of Financial Position is strong reflecting a net current asset position. Based on this assessment, the Directors consider that the Company maintains an appropriate level of liquidity sufficient to meet the demands of the business. In addition, the Company's assets are assessed for recoverability on a regular basis; the Directors consider that the Company is not exposed to losses on these assets which would affect their decision to adopt the going concern basis. The Directors have a reasonable expectation that the Company has adequate resources to continue in operation existence for the foreseeable future and that there are no material uncertainties that least to significant doubt upon the Company's ability to continue as a going concern. Thus, the Directors have continued to adopt the going concern basis of accounting in preparing these financial statements.”

Significant events

• “During 2023 the Company recognised a charge to the Statement of Comprehensive Income of £329,000 in respect of a Long-term Incentive Plan (LTIP). The scheme is in respect of the Directors. As at the year end amounts totalling £129,306 (2024 - £86,250) have been accrued in respect of LTIP schemes. The expected pay-out date of the LTIP schemes is within 12 months of the balance sheet date and as a result an accrual equal to the pay-out has been recognised within current liabilities.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.