BALMORAL TANKS 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

  0%

  £47,480,000 → £47,497,000

• Cash

  -77.8%

  £3,056,000 → £678,000

• Net assets

  +7.4%

  £13,427,000 → £14,418,000

• Employees

  +8.7%

  206 → 224

• Operating profit

  +350.9%

  £383,000 → £1,727,000

• Profit before tax

  +774.5%

  £161,000 → £1,408,000

• Wages

  +11.5%

  £7,600,000 → £8,475,000

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.

1. BALMORAL TANKS LIMITED 2006-05-18 → present
2. SOLESEAL LIMITED 2006-04-12 → 2006-05-18

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors, having made due and careful enquiry whilst preparing forecasts, are of the opinion that the company has adequate working capital to execute its operations for twelve months from the date of signing these financial statements. Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liability as they fall due for at least twelve months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

1. BALMORAL TANKS LIMITED · parent
   1. Water Environmental Treatment Limited 80% · Rotherham, S63 0EW · Provision of water testing services
   2. Balmoral Tanks Holdings, Inc 100% · Dover, Delaware, United States · Holding company
   3. Balmoral Tanks LLC 100% · Dover, Delaware, United States · Non trading

Significant events

• “As part of the company's continued growth aspirations, the company incorporated a new entity in the US in order to expand the company's offering within US markets.”
• “Post year end, the company has expanded its production capabilities with the opening of its operations facility in Ohio with activity expected to begin in Q3.”
• “There are contingent liabilities arising from contractual obligations entered into in the normal course of business including, at the balance sheet date, £243k (2024 £Nil) in respect of bonds and contract performance and tender guarantees issued by the company's bankers.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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