ZUHLKE ENGINEERING LTD.

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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%

  £29,301,072 → £21,967,142

• Cash

  -51.1%

  £4,444,709 → £2,173,248

• Net assets

  -113.7%

  £5,066,445 → -£693,077

• Employees

  -21.9%

  183 → 143

• Operating profit

  +3%

  -£5,329,616 → -£5,171,199

• Profit before tax

  +5.9%

  -£5,434,255 → -£5,115,476

• Wages

  -22.9%

  £16,552,280 → £12,768,025

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. ZUHLKE ENGINEERING LTD. 2002-04-26 → present
2. ZUHLKE ENGINEERING (UK) LIMITED 2001-02-27 → 2002-04-26
3. ZUHLKE ENGINEERING LIMITED 2000-11-16 → 2001-02-27
4. COVERPASS LIMITED 2000-11-07 → 2000-11-16

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

S&W Audit

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have carefully reviewed the future prospects of the Company and its future cash flows, by preparing detailed profit and loss forecasts and cash flow projections. During the prior year, the parent company approved a debt contribution of ZUK, by converting the IC loan of £14m into equity by means of a capital contribution. Moreover, the parent has provided Zuhlke Engineering Limited with a letter of support committing it to assist the company in continuing to trade and meet its liabilities as they fall due. Additionally a long-term loan of £8.2m has been provided to Zuhlke Engineering Limited by the group. As such, and having due regard to the parent company's financial position, the directors are satisfied with the company's ability to continue in operational existence for the foreseeable future being at least the next 12 months from signing of these financial statements.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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