ST. ANDREWS TIMBER & BUILDING SUPPLIES GROUP LTD

• ⚠

  Material uncertainty over going concern

  We draw attention to note 1.4 in the financial statements, which indicates that the group incurred a net loss of £903,678 during the year ended 31 December 2024. As stated in note 1.4, this event, along with other matters set forth in note 1.2, indicate that a material uncertainty exists that may cast significant doubt on the group's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

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

  +3.5%

  £27,628,420 → £28,599,803

• Cash

  +328.3%

  £239,917 → £1,027,598

  highest in 3 filed years

• Net assets

  -81.9%

  £1,507,792 → £273,129

• Employees

  +1.9%

  107 → 109

  highest in 3 filed years

• Operating profit

  -384.5%

  £332,442 → -£945,954

• Profit before tax

  -732.3%

  £180,630 → -£1,142,100

• Wages

  +6%

  £3,616,164 → £3,834,692

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

Consolidated group

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 1.4 in the financial statements, which indicates that the group incurred a net loss of £903,678 during the year ended 31 December 2024. As stated in note 1.4, this event, along with other matters set forth in note 1.2, indicate that a material uncertainty exists that may cast significant doubt on the group's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”

Group structure

1. ST. ANDREWS TIMBER & BUILDING SUPPLIES GROUP LTD · parent
   1. St Andrews Timber & Building Supplies (Holdings) Limited 100% · Scotland · Holding company
   2. St. Andrews Timber & Buildings Supplies Limited 77% · Scotland · Sale of timber and building supplies
   3. St. Andrews Timber and Buildings Supplies (West) Limited 99% · Scotland · Sale of timber and building supplies

Significant events

• “2024 was a difficult year for our sector. Whilst sales revenues for the Group increased by 3.5% over the previous year, the market was highly price competitive and, coupled with supply cost inflation, those sales came at much reduced gross margins (2024: 26.0% v 2023: 30.2%).”
• “The 2025 financial year started strongly and sales after nine months are ahead of the previous year. A number of actions have been taken including resizing our workforce, vehicle fleet and warehousing space such that the Group's losses will be significantly reduced in 2025.”

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

1

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.