TRIDENT 2020 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

  -0.6%

  £17,247,824 → £17,139,256

• Cash

  -38.9%

  £2,091,599 → £1,277,463

• Net assets

  +7%

  £8,748,380 → £9,357,223

• Employees

  +10.4%

  67 → 74

• Operating profit

  -3.2%

  £800,448 → £775,039

• Profit before tax

  +0.4%

  £800,998 → £804,498

• Wages

  +8%

  £2,909,186 → £3,141,313

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

Consolidated group

Auditor

Mark J Rees LLP Chartered Accountants

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“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 group's and the parent 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.”

Group structure

1. TRIDENT 2020 LIMITED · parent
   1. S.I.P. (Industrial Products) Limited 100% · UK · Wholesale of other machinery and equipment.
   2. S.I.P. (Machinery Europe) Limited 100% · Ireland · Wholesale of other machinery and equipment.

Significant events

• “Administrative expenses have increased due to high energy prices and spiralling labour costs as well as continued investment in the business in order to retain skilled people, develop new products, introduce improved models in current ranges, win new customers, develop new trading channels and invest in IT, internet and enhanced customer facing technology.”
• “Our commitment is to continue to provide our customers with a varied stock range, high standard of customer service and high level of stock availability and continue to invest in the development of Company's employees, in purchasing stock, warehouse, marketing and business systems and expectation of improved turnover, profit and efficiencies in future years.”

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.