PLASSER UK LIMITED

• ⚠

  Confirmation statement overdue

  Due 2026-05-16.

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

  -25.8%

  £23,356,000 → £17,325,000

• Cash

  -27.1%

  £10,782,000 → £7,857,000

• Net assets

  -7%

  £17,687,000 → £16,453,000

• Employees

  -2.5%

  80 → 78

• Operating profit

  -63.2%

  £622,000 → £229,000

• Profit before tax

  -105.4%

  £1,216,000 → -£66,000

• Wages

  -2.2%

  £4,015,000 → £3,925,000

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. PLASSER UK LIMITED 2008-01-28 → present
2. PLASSER MACHINERY PARTS AND SERVICES LIMITED 1993-10-01 → 2008-01-28
3. PLASSER RAILWAY MACHINERY (GREAT BRITAIN) LIMITED 1960-03-14 → 1993-10-01

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company has prepared forecasts for the next three years which indicate that the business is profitable and will generate sufficient cash liquidity to meet its obligations as they fall due. Additionally, the company has sufficient cash reserves to protect itself from any unforeseen circumstances and see it through to CP8 when rail maintenance work is expected to return. Having carefully considered all matters, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Group structure

1. PLASSER UK LIMITED · parent
   1. Plasser Railway Machinery (Great Britain) Limited 100% · England · did not trade during the year

Significant events

• “A contingent liability arose last year which may potential create a liability for the company. Please refer to note 23 to the accounts.”
• “Macroeconomic conditions - the company's costs remain high. Persistent high costs, which for commercial reasons cannot be fully passed on to our customers, has eroded our margins.”
• “Transfer pricing risk - a major related supplier was subject to a tax enquiry and transfer pricing was raised as an issue. A Mutual Agreement Procedure application has been submitted to HMRC, but there is a risk that a liability may materialise.”
• “Currency risk - the company makes purchases from Europe and fluctuations in the Euro exchange rate has a significant impact on costs and prices.”
• “Competition risk - our business must tender for project work and must compete on quality of work and price against our competitors.”
• “Technological risk - advance and changes in technology presents both a risk and opportunity for the company.”
• “The maximum charge that could impact the UK company from the contingent liability from transfer pricing risk is £7.7m (2024: £12.3m) before tax.”

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

0

last 12 months

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