AKELA PROPERTY INVESTMENTS 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

  -22.4%

  £35,630,335 → £27,634,965

• Cash

  -23.3%

  £9,872,587 → £7,570,027

• Net assets

  +6%

  £13,045,925 → £13,835,167

• Employees

  -17.4%

  219 → 181

• Operating profit

  -24.9%

  £1,220,918 → £917,333

• Profit before tax

  -12.3%

  £1,549,070 → £1,358,787

• Wages

  -17%

  £9,579,215 → £7,954,622

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. AKELA PROPERTY INVESTMENTS LIMITED 2024-02-01 → present
2. AKELA GROUP LIMITED 2007-02-26 → 2024-02-01
3. TRADEGOAL LIMITED 2006-12-18 → 2007-02-26

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

O'Haras Accountants Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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 the 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. AKELA PROPERTY INVESTMENTS LIMITED · parent
   1. Akela Construction Limited 100% · Civil engineering contractors

Significant events

• “Group turnover has decreased by 22.31% from the previous year.”
• “The group continues to experience a very significant level of demand for its services. However this demand has been tempered to some extent by the increasing difficulty of sourcing supplies, the price increases in relation to those supplies and the competitive nature of the industry in terms of securing available resources.”
• “The group continues to remain competitive within its market place and has continued to secure significant contracts in the private housing sector.”

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

Filings

5

last 12 months

Capital events

4

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.