AUGER TORQUE EUROPE 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

• Turnover

  -25.4%

  £12,500,889 → £9,322,331

  lowest in 3 filed years

• Cash

  -12.5%

  £1,774,210 → £1,552,843

  lowest in 3 filed years

• Net assets

  +11.1%

  £5,143,051 → £5,715,627

  highest in 3 filed years

• Employees

  -12.9%

  31 → 27

  lowest in 3 filed years

• Operating profit

  -49.1%

  £1,619,748 → £825,074

  lowest in 3 filed years

• Profit before tax

  -27.2%

  £4,443,633 → £3,233,645

• Wages

  +2.9%

  £1,489,937 → £1,532,591

  highest in 3 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.

1. AUGER TORQUE EUROPE LIMITED 2006-04-11 → present
2. DIGGA EUROPE LIMITED 1998-03-31 → 2006-04-11

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Hazlewoods LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors are fully aware of their duty to assess the company's going concern status and have attended to this with particular care in consideration of the current economic and industrial outlook. The current economic conditions create uncertainty, particularly over the level of demand for the company's products. The company currently meets day-to-day cash requirements without the need for external financing. The directors have prepared and reviewed the company's forecasts and projections and have taken into account possible changes in trading performance by considering all reasonable scenarios and the current funding position. The directors have concluded that the company has adequate resources to meet its liabilities and the financial statements have been prepared accordingly on a going concern basis.”

Group structure

1. AUGER TORQUE EUROPE LIMITED · parent
   1. Auger Torque China Mfg 51% · China · manufacturing
   2. Auger Torque Australia Limited 100% · Australia · manufacturing and distribution

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

Filings

3

last 12 months

Capital events

0

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.