MASSEY TRUCK ENGINEERING 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

  -41.9%

  £28,187,681 → £16,363,635

  lowest in 3 filed years

• Cash

  +42.5%

  £4,553,453 → £6,486,662

  highest in 3 filed years

• Net assets

  +13.5%

  £6,864,555 → £7,789,931

  highest in 3 filed years

• Employees

  0%

  92 → 92

• Operating profit

  -20.1%

  £1,612,441 → £1,288,848

• Profit before tax

  -20.8%

  £1,612,441 → £1,276,591

• Wages

  -5.8%

  £3,416,533 → £3,218,165

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. MASSEY TRUCK ENGINEERING LIMITED 1991-07-12 → present
2. THRIFTDAILY LIMITED 1991-04-17 → 1991-07-12

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

MHA Audit Services LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company meets its day-to-day working capital requirements through its strong cash position, with access to the Group banking facilities available, if needed. Current and future economic conditions are considered by the directors when assessing the level of demand for the Company's products and services and the availability of bank finance for the foreseeable future. During the course of the last twelve months, the Company was able to preserve its strong liquidity position through careful and proactive cash flow management whilst ensuring that no actions taken were of any detriment to stakeholders. The Company forecast, taking account of reasonably possible changes in trading performance, show that the Company should be able to operate within the level of its cash position and existing banking facilities. After making enquiries, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and in any case for a period of not less than 12 months from the date of approval of the financial statements. The Company therefore continues to adopt the going concern basis in preparing its financial statements.”

Significant events

• “There have been no significant events affecting the Company since the year end.”

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

Filings

4

last 12 months

Capital events

1

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.