BALDWIN & FRANCIS LIMITED

• ◆

  5 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  -35.9%

  £10,899,071 → £6,987,758

• Cash

  -18.6%

  £35,948 → £29,262

  lowest in 6 filed years

• Net assets

  -76.4%

  -£2,262,761 → -£3,991,919

  lowest in 5 filed years

• Employees

  +1.7%

  60 → 61

  highest in 5 filed years

• Operating profit

  -291%

  -£354,600 → -£1,386,465

• Profit before tax

  -134.8%

  -£748,845 → -£1,757,953

  lowest in 4 filed years

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. BALDWIN & FRANCIS LIMITED 2019-10-24 → present
2. SEAFOX OCELOT LIMITED 2019-10-07 → 2019-10-24

Accounting basis

FRS 102 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. As at the year end, the company had net liabilities of £3,991,919, the company has received confirmation from the parent company, Pioneer Ideso Holdings Limited, that it will continue to support the company for the following 12 months and beyond and that it will not require any parental loan amounts to be repaid until such time as the company is able to do so without compromising its ability to continue to trade and meet its liabilities as they fall due. Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “On 1 January 2024 Ideso Group Limited acquired 100% of the share capital of Baldwin & Francis Limited and Allenwest Pioneer Limited and its subsidiaries. The share capital of these companies were acquired from Pioneer Ideso Holdings Limited (formerly Pioneer Safety Group Limited), the parent company of Ideso Group Limited, by way of share for share exchange.”

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

Filings

20

last 12 months

Capital events

1

last 24 months

Officers appointed

5

last 12 months

Officers resigned

5

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.