DRENAGH SAWMILLS LIMITED

• ◆

  2 PSCs 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

  +3.2%

  £10,167,306 → £10,494,613

• Cash

  +42.6%

  £1,680,894 → £2,396,532

• Net assets

  +1.7%

  £18,792,066 → £19,108,394

  highest in 5 filed years

• Employees

  -7.1%

  56 → 52

• Operating profit

  -39.2%

  £1,526,228 → £927,909

• Profit before tax

  -38.8%

  £1,575,161 → £963,263

• Wages

  +5.7%

  £2,023,587 → £2,139,900

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

Donaldson & Thompson

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 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. DRENAGH SAWMILLS LIMITED · parent
   1. McKeever Forestry Limited 100% · Northern Ireland · felling and extracting trees and supply to parent
   2. Raudon Teoranta 100% · Republic of Ireland · ceased trading in 2021
   3. Garlena Properties Limited 51% · Northern Ireland · investment holding company
   4. Traditional Garden Games Limited 100% · Northern Ireland · toy importer and distributor
   5. Danmade Limited 100% · Northern Ireland · wholesalers of candles and pyrotechnic products
   6. Mill Cask Limited 100% · Northern Ireland · invests in whiskey and operates a bonded warehouse facility

Significant events

• “Raudon Teoranta ceased trading in 2021 and the directors recommended to shareholders to proceed with an orderly wind up of the business”
• “The group invested £1,577,111 in capital additions in the year”

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

Filings

8

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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