HARLAXTON HOLDINGS 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

  -21.2%

  £23,724,590 → £18,703,652

• Cash

  -3.5%

  £7,345,492 → £7,090,772

• Net assets

  -4.2%

  £8,940,870 → £8,569,607

• Employees

  -18.4%

  103 → 84

• Operating profit

  -110%

  £2,754,965 → -£275,364

• Profit before tax

  -103.9%

  £2,784,616 → -£109,623

• Wages

  -4.7%

  £3,193,699 → £3,044,418

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

Mayfield & Co.

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's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. HARLAXTON HOLDINGS LIMITED · parent
   1. Harlaton Plant Hire Limited 100% · UK · Not trading
   2. Harlaxton Water Works Limited 100% · UK · Not trading
   3. Harlaxton Construction Limited 100% · UK · Not trading
   4. Harlaxton Energy Networks Limited 100% · UK · Electrical distributions
   5. Harlaxton Engineering Services Limited 100% · UK · Engineering services
   6. Harlaxton Gas Networks Limited 100% · UK · Gas distributions
   7. Perma-Soil UK Limitec 100% · UK · Soil stabilising distributor

Significant events

• “2024 has been a challenging year for the company. The company continues to remain successful within a competitive market and continues to build on customer relationships and efficient operational delivery of its contracts.”
• “The annual turnover has decreased by 21.16% in the year to £18.7m (2023: £23.7m). This has been driven by a shift in deferred income assessments.”
• “Wages and salary costs remain in line with last year as the company continues to focus on acquiring and retaining skilled staff, the company has now commenced with establishing an internal training department and updating their apprenticeship programme ready for the next financial year.”
• “Gross margins have dropped from 32.84% to 28.00% in the year. This reflects a stabilisation of the revenue recognition policy following last year's change to earlier recognition of profit on contracts.”
• “At the year-end date the balance sheet still reflects the strong trading performance experienced during the year, only having decreased the balance sheet by £371k to show total equity of £8.57m (2023: £8.91m).”
• “Whilst the company has excellent cash reserves a large proportion of these are earmarked to be spent on the completion of ongoing projects to crystalise the deferred income retained within current liabilities.”
• “Since the year-end the company has continued to trade well and the financial performance remains strong. The potential of a recession in the forthcoming months may have an impact on the next financial year if new housing developments begin to decrease due to the cost of living rises and material costs continuing to increase.”

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

Filings

10

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.