HARLAXTON ENGINEERING SERVICES 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

  -32.2%

  £18,453,184 → £12,512,791

• Cash

  -16.6%

  £4,928,457 → £4,109,982

  lowest in 5 filed years

• Net assets

  -48.2%

  £4,022,488 → £2,082,277

• Employees

  +2.4%

  82 → 84

• Operating profit

  -199.9%

  £1,545,274 → -£1,543,136

  lowest in 4 filed years

• Profit before tax

  -189.9%

  £1,574,603 → -£1,416,136

  lowest in 5 filed years

• Wages

  -4.7%

  £3,174,529 → £3,025,423

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 §1A

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Mayfield & Co.

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. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “2024 has been a challenging year for the company.”
• “The annual turnover has decreased by 32.19% in the year to £12.5m (2023: £18.5m). This has been driven by a shift in deferred income assessments.”
• “Gross margins have dropped from 29.36% to 18.59% in the year.”
• “Administrative expenses have remained consistent in 2024.”
• “A large proportion of cash reserves are earmarked to be spent on the completion of ongoing projects to crystalise the deferred income retained within current liabilities.”

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

Filings

1

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.