AMEREX LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

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

Bennett Brooks & Co Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Due to the significant profits generated in previous years, the Company has significant cash reserves which negates the need for any long term debt. We continue to review potential exposures on our balance sheet such as the ability of our customers to make payments but our strong balance sheet has reduced our sensitivity to the impact of any external risks to our business. The Company is financed principally through an invoice discounting facility. Due to the uncertainties to both the general sector and the current state of world events, we have considered the impact of the next 12 months trading activity on our cash reserves and available facilities. This shows that over the following 12 months from the date of signature of these financial statements there will be adequate cash headroom and available facilities in order for the Company to meet its liabilities as they fall due. On that basis, the Directors have prepared the financial statements on a going concern basis.”

Significant events

• “Net profit for the year was adversely impacted by the unexpected changes to steel import safeguard measures implemented in July 2025, which significantly restricted tariff-free quotas for imports from key sources including from South Korea and Vietnam with limited notice and no standard transition period. This prevented the usual adjustments to sourcing strategies and increased costs on affected volumes.”
• “2026 has started very favourably due to the sharp increase in steel prices.”
• “In addition to our Solar project in 2022 we changed most of our company cars to fully electric, and to service this we have installed 10 charging points across the site. We have also changed all lighting to LED energy saving lights across the factory which arc activated by motion sensors.”

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

Filings

16

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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