PACCAR FINANCIAL PLC

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

  +1.1%

  £125,996,000 → £127,418,000

• Cash

  —

  Not reported

• Net assets

  +6%

  £180,168,000 → £191,009,000

• Employees

  -7.7%

  52 → 48

• Operating profit

  -3.8%

  £36,288,000 → £34,922,000

• Profit before tax

  -21.9%

  £16,123,000 → £12,598,000

• Wages

  -2.8%

  £2,685,000 → £2,610,000

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. PACCAR FINANCIAL PLC 2009-07-24 → present
2. PACCAR FINANCIAL LIMITED 2001-03-29 → 2009-07-24
3. HACKREMCO (NO.1788) LIMITED 2001-02-15 → 2001-03-29

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“PACCAR Financial Holdings Europe BV (PFE) has confirmed in writing that it will support the company as needed by continuing to provide access to financing so that the company can continue trading and meet its liabilities as they fall due for at least 12 months from the date of approval of these financial statements. In assessing whether the going concern basis is appropriate the directors have taken account of all available information about the future up to and including 12 months from the date of approval of these financial statements. The directors have considered the impact of the current economic environment on the PFE group and have concluded that based on the financial resources available which include a 2.0bn Commercial Paper programme and a 2.5bn Euro Medium Term note programme (both of which are established but not committed); access to a $4.0bn unutilised group credit facility of which PFE is a named participant; and the continued profitable and cash generative financial performance of the group, PFE has the ability to fulfil its obligations under the parental support arrangement. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “On March 22 2022 the Company received a capital contribution of 40,000,000 from the immediate parent undertaking (see note 16).”

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.