GRAY & ADAMS (IRELAND) 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

  +19.5%

  £20,019,216 → £23,917,514

• Cash

  -1.3%

  £1,207,316 → £1,191,865

• Net assets

  +9.2%

  £4,525,333 → £4,942,171

  highest in 3 filed years

• Employees

  -1.4%

  70 → 69

• Operating profit

  +63.4%

  £1,281,103 → £2,093,854

• Profit before tax

  +64.1%

  £1,301,883 → £2,135,872

  highest in 3 filed years

• Wages

  +11.3%

  £2,816,098 → £3,134,356

  highest in 3 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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Accordingly, the directors continue to adopt the going concern basis in preparing the annual report and financial statements. 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 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.”

Significant events

• “The period ended 2 May 2025 saw turnover increase from £20,019k to £23,918k. The company has been successful in ensuring that production levels have been maximised as much as possible to satisfy customers demands. This also during a time of political change within the UK which brought a level of uncertainty into the potential trading conditions for the business, however through robust management the company has traded successfully during this time.”
• “Over the last three years turnover and profit before tax have averaged £21.3m and £1.3m respectively. With a strong order book we have prepared a forecast for the full year ended April 2026 and can expect strong levels of activity to continue. In addition, we extended our forecast by a further eight months and we expect business to remain extremely positive.”
• “The change in the UK governing party in 2024 has brought around a change in policies regarding raising additional taxes from areas such as Employers National Insurance Contributions, and this has been closely monitored by the business to ensure that any impacts caused by this are minimised.”

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.