CLEVELAND GROUP (HIRE AND SALES) LIMITED

• ◆

  7 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

  -6.5%

  £54,950,668 → £51,382,651

• Cash

  -86.3%

  £2,055,390 → £282,085

• Net assets

  +17%

  £8,203,271 → £9,594,253

• Employees

  +29.3%

  82 → 106

• Operating profit

  +52.6%

  £2,151,155 → £3,282,261

• Profit before tax

  +79%

  £1,079,345 → £1,931,652

• Wages

  +13.9%

  £4,423,773 → £5,039,459

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. CLEVELAND GROUP (HIRE AND SALES) LIMITED 2023-10-27 → present
2. CLEVELAND CONTAINERS LIMITED 2011-02-07 → 2023-10-27

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

UNW LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “The company obtained a £45m Asset Based Lending ('ABL') facility with NatWest in August 2023, which provides sufficient headroom for growth within the medium term.”
• “On 29 November 2024, £5.4m of follow-on investment from LDC was received to support future growth and this was made in exchange for company loan notes, issued by the parent undertaking, Crossco (1462) Limited. At the same time the parent company's shares were restructured to allow the founding shareholders to exit and focus on other ventures.”

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

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

7

last 12 months

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