FIELDWAY 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

  +16.8%

  £17,183,305 → £20,063,916

• Cash

  +103.5%

  £942,964 → £1,918,518

  highest in 4 filed years

• Net assets

  +44.7%

  £877,221 → £1,268,988

  highest in 4 filed years

• Employees

  -5.5%

  128 → 121

• Operating profit

  +169.8%

  £422,132 → £1,138,917

• Profit before tax

  +519.5%

  -£162,183 → £680,362

• Wages

  +3.8%

  £4,754,030 → £4,935,097

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. FIELDWAY GROUP LIMITED 2018-12-31 → present
2. MAPLE ACQUISITION CO LIMITED 2018-09-10 → 2018-12-31
3. ENSCO 1300 LIMITED 2018-06-29 → 2018-09-10

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Mitchell Charlesworth (Audit) Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. FIELDWAY GROUP LIMITED · parent
   1. Fleldway Supplies Limited 100% · England and Wales · Supplier of electrical services
   2. Fieldway IPC Limited 100% · England and Wales · Holding company
   3. Intumescent Protective Coatings (Holdings) Limited 100% · England and Wales · Supplier of fire protective equipment
   4. Intumescent Protective Coatings Limited 100% · England and Wales · Supplier of fire protective equipment

Significant events

• “The directors are extremely pleased with the growth in sales during the year, coupled with strengthened margin during a year of continued economic uncertainty, especially with supply chain issues and Brexit effecting some areas of the business, the performance has exceeded expectations.”
• “Continued investment in staff numbers and infrastructure of the business post year end puts the group in a strong position for further growth.”
• “The above £5,000 relates a fee agreed with HMRC in relation to a voluntary disclosure made. In the prior year £1,152,680 was made up of £645,369 which relates to a one off historic PAYE correction in relation to errors made in one of the purchased subsidiaries identified after the acquisition date. The remaining £507,311 relates to one off business appraisal costs. As well as the above costs in relation to the historic PAYE correction, the business has also suffered £100,885 in late payment interest which is a one off cost to the business.”

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

Filings

5

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.