SMV COMMERCIALS 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

  -13.2%

  £12,925,610 → £11,214,320

• Cash

  -67.4%

  £236,066 → £76,950

  lowest in 6 filed years

• Net assets

  -66.3%

  £1,443,397 → £486,727

• Employees

  -2.1%

  47 → 46

• Operating profit

  -107.1%

  £408,695 → -£28,828

• Profit before tax

  -476.1%

  £117,118 → -£440,430

  lowest in 3 filed years

• Wages

  +4.1%

  £1,375,654 → £1,431,754

  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. SMV COMMERCIALS LIMITED 2011-02-11 → present
2. BROOKLANDS SERVICE LIMITED 2009-03-17 → 2011-02-11

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Simpkins Edwards Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“On the basis of projections of future performance and the continuing availability of appropriate finance facilities, the director considers that the company has adequate resources to continue in operational existence for the foreseeable future. These financial statements are therefore prepared on a going concern basis.”

Significant events

• “The trading loss for the year and the declaration of a dividend of £625k resulted in the reduction in the company's net assets to £487k. Of the dividends declared, £550k was retained within the group by the 100% parent company, providing it with funds to acquire land and buildings from this company in March 2025.”
• “Trading conditions have been challenging in the period since the year end and the director commenced a process of simplifying the business. A key step in that process was the sale of the company's parts and servicing business in September 2025, which realised a profit of approximately £500k based on consideration receivable compared to the book value of the assets concerned. The business was sold as a going concern and employees transferred to the new owner.”
• “The new owner took occupation of the premises in Yeovil and the vehicle sales and rental business was relocated to new premises in Ottery St Mary, which are owned by the company's 100% parent company.”
• “The book value of the rental vehicle fleet and stock of vehicles has reduced since the year end through vehicle sales, and associated borrowings have also been reduced.”
• “In March 2025, the company transferred its freehold land and buildings to its parent company, Commercial Vehicles (Yeovil) Limited, at book value.”

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

Filings

6

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.