BRENOR GROUP 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

  -2.2%

  £91,243,834 → £89,234,673

• Cash

  -47.7%

  £8,798,636 → £4,604,011

• Net assets

  +7%

  £20,021,954 → £21,433,185

  highest in 4 filed years

• Employees

  +21.2%

  33 → 40

  highest in 3 filed years

• Operating profit

  -15%

  £3,506,223 → £2,980,996

• Profit before tax

  -13.9%

  £3,026,521 → £2,605,698

• Wages

  +13.7%

  £1,848,676 → £2,102,111

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.

1. BRENOR GROUP LIMITED 2023-08-09 → present
2. BRENOR PROPERTIES LTD 2016-12-09 → 2023-08-09

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Flint & Thompson

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's 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 or the 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. BRENOR GROUP LIMITED · parent
   1. Shannonside Holdings Limited 70%
   2. Shannonside Civil Engineering Limited 70%
   3. Norson Plant Limited 50%
   4. Ardenoak Homes Limited 33%

Significant events

• “The Group is exposed to inflation risk as many of their contracts are negotiated on a fixed price basis, which means that rapid inflation in the price of materials and labour can reduce gross profit margins below expectations.”
• “The Group only possesses external loans and hire purchase contracts exposed to interest rate risks (liabilities of £6.7m at 31 October 2024), but the wider construction industry is sensitive to changes in central interest rates as developers rely on financing to develop sites, and the scale of developments often grows in an inverse correlation with the central interest rates, which impact the cost of financing such development work.”
• “Beyond the direct customers of the Group, demand for housing is directly linked to the affordability of mortgages for the end-customers of the developments on which the Group provides their civil engineering services, which means the prolonged period of higher interest rates since rapid rate rises began in December 2021 have applied significant downward pressure on house prices as mortgage affordability has been squeezed.”

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

Filings

2

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.