WESTERN FERRIES (CLYDE) 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

  +3.2%

  £10,452,000 → £10,784,000

• Cash

  +16.4%

  £8,772,000 → £10,209,000

• Net assets

  +9.8%

  £19,173,000 → £21,045,000

• Employees

  -2.8%

  72 → 70

• Operating profit

  +17%

  £2,629,000 → £3,076,000

• Profit before tax

  +20.7%

  £2,869,000 → £3,462,000

• Wages

  +0.8%

  £3,317,000 → £3,344,000

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

AAB Audit & Accountancy Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors review and update cash flow and trading forecasts to ensure the Company has sufficient resources to enable it to meet its liabilities as they fall due for a period of at least twelve months from the signing date of the financial statements. The directors have considered the impact of the ongoing economic uncertainty in preparing and updating the forecasts based on reasonable expectations and assumptions which show that the Company has adequate working capital to continue trading over this period and the directors are satisified that the Company will have adequate resources to continue as a going concern for the foreseeable future.”

Group structure

1. WESTERN FERRIES (CLYDE) LIMITED · parent
   1. Eastern Lines Limited 100% · Dormant
   2. Clyde Ferries Limited 100% · Dormant

Significant events

• “Subsequent to the year end, the company entered into contracts for the construction of two new vessels with a total cost of £21.6 million. The decision to proceed had been approved by the board prior to 31 March 2025, but the contractual commitment did not arise until May 2025. Delivery of the vessels is expected in October 2026.”

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.