BRIGGS COMMERCIAL 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

  -1.4%

  £76,523,031 → £75,481,597

• Cash

  +19.1%

  £8,104,502 → £9,652,334

• Net assets

  +2.1%

  £35,451,660 → £36,190,584

• Employees

  -2%

  743 → 728

• Operating profit

  -46.1%

  £4,740,048 → £2,554,866

• Profit before tax

  -67.5%

  £3,413,583 → £1,107,835

• Wages

  -1.2%

  £30,348,707 → £29,974,917

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. BRIGGS COMMERCIAL LIMITED 1991-04-15 → present
2. C. & R. BRIGGS COMMERCIALS LIMITED 1972-10-13 → 1991-04-15

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Morris & Young, Statutory Auditor

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company is a borrower and also a guarantor under the group's borrowing facilities as set out in the contingent liability note. These accounts have been prepared having regard to the group's trading forecasts. These forecasts include detailed cashflow projections. Notwithstanding the above, given the current economic environment, there remains a risk that the external trading environment may be worse than currently envisaged, and as a result, the directors of Briggs Commercial Limited have also reviewed forecasts which include sensitivities that make allowance for that risk. Should such a scenario arise, the directors of Briggs Commercial Limited have confidence that they have adequate liquidity and covenant headroom to ensure that the group can meet its liabilities as they fall due for the foreseeable future. After taking this in to account the directors of Briggs Commercial Limited consider that it is appropriate to prepare these accounts on a going concern basis.”

Group structure

1. BRIGGS COMMERCIAL LIMITED · parent
   1. Briggs Marine Contractors Limited 100% · Scotland · marine contractors
   2. Briggs Environmental Services Limited 100% · Scotland · environmental services
   3. Selkirk Hill Investments Limited 100% · Scotland · general trading
   4. Balanced Environmental Services Inc 100% · Canada
   5. Foreshore Technologies Incorporated 100% · Canada
   6. Briggs (Overseas) Limited 100% · Scotland
   7. ARB Wind Limited 55% · Scotland · Wind turbine construction and maintenance
   8. Ocean Tech Constructors Inc 100% · Canada
   9. Scanco Holdings 100% · France · Holding company
   10. Scanco Calais 100% · France · port services company
   11. Scanco Cherbourg 100% · France · port services company

Significant events

• “During the year, the Group purchased Scanco which provides port services in Calais and Cherbourg.”

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.