JAMES FREW 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

  -3.4%

  £36,091,308 → £34,875,281

• Cash

  +125.8%

  £664,257 → £1,499,765

• Net assets

  -29.4%

  £6,557,803 → £4,631,536

  lowest in 5 filed years

• Employees

  -2.3%

  399 → 390

• Operating profit

  -1,043%

  £121,650 → -£1,147,162

  lowest in 3 filed years

• Profit before tax

  -527.1%

  £257,531 → -£1,099,980

  lowest in 5 filed years

• Wages

  +2.9%

  £14,225,857 → £14,634,648

  highest in 5 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. JAMES FREW LIMITED 1986-05-16 → present
2. JAMES FREW & SON (PLUMBING & HEATING) LIMITED 1961-04-03 → 1986-05-16

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

William Duncan + Co (Audit) Ltd

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 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

• “Continued challenging trading conditions; revenue levels overall have decreased, with significant decreases in MPS and Modernisation business units. Despite an operating loss of £1,147,162, EBITDA loss was £413,592, due to increased depreciation from investment in 114 new vehicles in 23/24.”
• “Investments have now been transferred over to James Frew Group Limited.”
• “The Board reacted to decreased revenue and increased employment costs (National Insurance and Real Living Wage) by making significant overhead cuts.”

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.