HOPPECKE INDUSTRIAL BATTERIES 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

  -31%

  £16,775,946 → £11,568,324

• Cash

  -48%

  £370,184 → £192,650

• Net assets

  -2.1%

  £389,846 → £381,471

• Employees

  +4.5%

  66 → 69

  highest in 4 filed years

• Operating profit

  -78%

  £1,456,919 → £321,149

  first positive since 2021

• Profit before tax

  -93.4%

  £1,180,689 → £78,022

  first positive since 2021

• Wages

  +10.7%

  £2,861,776 → £3,166,992

  highest in 4 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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Dains Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Given the above, 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 and for at least one year from the date on which the financial statements were approved. Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “After the last few exceptional years of performance by the business, this year has been more difficult, particularly in Rail. The business continues to be stable, however turnover fell by 31% to £11.6m generating a net loss of £8k for the year.”
• “Turnover in Motive Power fell by 40% but an improvement in margin achieved from 18% to 24% meant that net profit for the year improved on last year by 24%.”
• “Service continues to go from strength to strength. Turnover grew again this year by 6%. This growth, margin improvement from 29.7% to 32.4% and a slight increase in overheads lead to profits generated in line with last year.”
• “As noted earlier this has been a difficult year for Rail. Having grown year on year in recent years turnover fell by 49% in the year. Margin also fell which was reflected in it making a loss for the year.”

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

Filings

2

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.