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Cash

£13m

-16.2% lowest in 3 filed years

Net assets

£39m

-1.5% vs 2024

Employees

245

+23.1% highest in 3 filed years

Profit before tax

£4m

+0.4% vs 2024

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £154,031,000£126,185,000£163,748,000 +29.8%
Operating profit £7,219,000£3,819,000£3,939,000 +3.1%
Profit before tax £7,284,000£4,022,000£4,040,000 +0.4%
Net profit £5,638,000£2,881,000£2,883,000 +0.1%
Cash £16,699,000£15,563,000£13,044,000 -16.2%
Total assets less current liabilities £37,333,000£40,564,000£40,527,000 -0.1%
Net assets £36,579,000£39,215,000£38,624,000 -1.5%
Equity £36,579,000£39,215,000£38,624,000 -1.5%
Average employees 179199245 +23.1%
Wages £9,123,000£9,984,000£12,532,000 +25.5%
Directors' remuneration £358,000£370,000£381,000 +3%
Directors' pension contributions £10,000£10,000£10,000 0%
Highest paid director £358,000£370,000£381,000 +3%

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Operating margin 4.7%3.0%2.4%
Net margin 3.7%2.3%1.8%
Return on capital employed 19.3%9.4%9.7%
Gearing (liabilities / total assets) 30.1%32.5%27.9%
Current ratio 2.85x2.59x3.07x
Interest cover 27.45x9.16x7.80x

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.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
The Rowleys Partnership Ltd
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The business remains well funded and the Directors have concluded that the company is a going concern and able to meet its debts as they fall due for at least 12 months from the date of approval of these financial statements, and have accordingly prepared the financial statements on a going concern basis.”

Group structure

  1. HAJCO 199 LIMITED · parent
    1. Watling JCB Limited 80% · England and Wales · Marketing of excavator machines and spares and the provision of after sales service
    2. Watling JCB Power Generation Limited 100% · England and Wales · Dormant
    3. Watling JCB Landpower Limited 100% · England and Wales · Dormant

Significant events

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

People

2 active · 2 resigned

Name Role Appointed Born Nationality
TELFER, Rachel Secretary 1998-03-12 British
TELFER, Richard Edmund Director 1998-03-12 May 1969 British
Show 2 resigned officers
Name Role Appointed Resigned
ASHTON, Robert Firbank Secretary 1997-11-28 1998-03-12
GREGORY, Thomas Raymond Director 1997-11-28 1998-03-12

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Richard Edmund Telfer Individual Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence (as firm) 2016-04-06 Active

Filing timeline

Last 20 of 65 total filings

Date Type Category Description
2026-08-12 AA accounts Accounts with accounts type group
2025-12-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-21 AA accounts Accounts with accounts type group
2024-12-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-25 AA accounts Accounts with accounts type group
2023-11-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-08-16 AA accounts Accounts with accounts type group
2022-12-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-03-18 AA accounts Accounts with accounts type group
2021-12-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-09-13 AA accounts Accounts with accounts type group
2021-01-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-12-04 AA accounts Accounts with accounts type group
2019-12-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-03-28 AA accounts Accounts with accounts type group
2018-11-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2018-04-16 AA accounts Accounts with accounts type group
2017-12-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2017-04-12 AA accounts Accounts with accounts type group
2016-12-12 CS01 confirmation-statement Confirmation statement with updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

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.

Official Companies House page