MIGDALE GROUP 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

  +1.7%

  £16,683,403 → £16,960,804

• Cash

  -41.4%

  £5,062,572 → £2,964,929

• Net assets

  +5.8%

  £16,736,942 → £17,715,252

• Employees

  -1.6%

  61 → 60

• Operating profit

  -38.4%

  £3,093,145 → £1,903,954

• Profit before tax

  -44.3%

  £3,000,281 → £1,671,788

• Wages

  +6.2%

  £3,211,418 → £3,411,260

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. MIGDALE GROUP LIMITED 2024-08-05 → present
2. BADBEA CROFTERS LIMITED 1987-07-15 → 2024-08-05
3. RAMONE LIMITED 1987-06-11 → 1987-07-15

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

A9 Accountancy Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“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 group's and parent 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.”

Group structure

1. MIGDALE GROUP LIMITED · parent
   1. Migdale Smolt Limited 100% · Scotland
   2. Migdale Transport Limited 100% · Scotland

Significant events

• “The group monitors business performance of its different segments, specifically wellboats and road transport (transport services up 1.7%) and smolt production (sales down 11.1%) through monthly reporting of results.”
• “group cash and cash equivalents decreasing in the year by £2,097,643.”
• “The Group has had a slow start to trade in the first couple of months due to delays with the wellboats completing their annual maintenance, but business is again very busy, and expectations are for another successful year.”

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.