J & D PIERCE (CONTRACTS) LTD.

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

  -5.2%

  £103,789,015 → £98,426,094

• Cash

  -100%

  £12,273 → £0

  lowest in 4 filed years

• Net assets

  +2.5%

  £71,094,420 → £72,859,167

  highest in 4 filed years

• Employees

  +10.1%

  474 → 522

  highest in 4 filed years

• Operating profit

  -93.4%

  £12,620,401 → £828,743

  lowest in 3 filed years

• Profit before tax

  -82.6%

  £13,301,803 → £2,314,285

  lowest in 4 filed years

• Wages

  -15.1%

  £27,980,889 → £23,744,490

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

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the on-going and projected trading performance and the balances available for immediate drawdown under the Storskogen Group's Treasury arrangements as detailed in note 18, the directors consider that the company has adequate resources to continue its operations for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “purchased a new standalone paint facility (a 480m long 350,000sq ft facility on 34 Acres) in Bellshill, Glasgow. We fully refurbished the building and invested in 24 new overhead Cranes, new Automatic post fabrication blasters and a 30m blast both. The new facility is set up to handle over 1,500 tonnes per week of primer and off-site intumescent coatings. The total cost of the investment in the new site during the year was £6.7m.”
• “The relocation of the paint shop from Glengarnock to Bellshill has allowed us to restructure Glengarnock production and utilise the existing paint shop to extend the production area. This has resulted in increased fabrication space allowing an additional 250 tonnes of fabrication to be manufactured every week.”
• “joining "SteelZero" supply chain initiative with the non-profit making Climate Group and committing to transitioning to using 50% low emission steel by 2030 and setting a pathway to using 100% net zero steel by 2050;”

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

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

4

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.