DAVID RITCHIE (IMPLEMENTS) LIMITED

• ◆

  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

  +13.7%

  £14,469,662 → £16,454,225

• Cash

  +276.2%

  £355,297 → £1,336,645

  highest in 6 filed years

• Net assets

  +7.2%

  £7,284,398 → £7,811,995

  highest in 3 filed years

• Employees

  +0.8%

  124 → 125

  highest in 3 filed years

• Operating profit

  +204.4%

  £286,570 → £872,270

• Profit before tax

  +170.1%

  £276,234 → £746,194

• Wages

  +7.7%

  £3,614,595 → £3,894,043

  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

Consolidated group

Auditor

Henderson Loggie LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The directors have considered relevant information, including the financial projections, forecast future cash flows and the impact of subsequent events in making their assessment. ... Based on these assessments and having regard to the resources available to the company and group, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements.”

Group structure

1. DAVID RITCHIE (IMPLEMENTS) LIMITED · parent
   1. Forfar Galvanisers Limited 100% · Scotland · Galvanising services

Significant events

• “The business entered the financial year with a strong order book, anticipating a year of growth, and had budgeted accordingly. Investments in our people, plant and machinery, health and safety, and infrastructure were maintained. Overall, the resulting outcomes are considered acceptable. Erratic dynamics in input costs, energy prices, global politics, labour shortages, and the ongoing Brexit situation will continue to have consequences for the Group.”

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

Filings

4

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.