VW HERITAGE PARTS CENTRE 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

  +5.2%

  £12,276,298 → £12,916,287

  highest in 4 filed years

• Cash

  +12.8%

  £467,940 → £527,940

• Net assets

  -3.4%

  £4,524,969 → £4,370,499

• Employees

  -4.4%

  68 → 65

  lowest in 6 filed years

• Operating profit

  -23.5%

  -£159,568 → -£196,996

  lowest in 4 filed years

• Profit before tax

  -189.3%

  -£69,991 → -£202,470

  lowest in 6 filed years

• Wages

  -8.1%

  £2,118,768 → £1,946,718

  lowest in 6 filed years

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

Standalone (parent only)

Auditor

Sumer Audit

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have considered relevant information, including the company's principal risks and uncertainties, the annual budget, forecast future cash flows and the impact of subsequent events in making their assessment. Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty in relation to the appropriateness of continuing to adopt the going concern basis in preparing the annual report and accounts.”

Group structure

1. VW HERITAGE PARTS CENTRE LIMITED · parent
   1. Big Boys Toys Limited 100% · England and Wales · Dormant

Significant events

• “The company has had considerable challenges related to the UK leaving the EU in December 2020. The company invested in a distribution centre in Germany which has mitigated a large amount of the loss of sales risk however it has substantially increased the running costs for the business and added operational complexity.”
• “The increased cost of living including mortgage rates, food and energy has impacted spending habits of consumers and the directors are monitoring sales and market sentiment in order to act quickly should there be a downturn in the short to mid-term and possible recession in the coming months. The directors are making plans for such outcomes.”

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

Filings

2

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.