RECO JCB 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

  -9.4%

  £24,481,037 → £22,187,195

• Cash

  +594,500.7%

  £144 → £856,225

• Net assets

  +31.8%

  £2,092,148 → £2,758,360

• Employees

  +18.2%

  22 → 26

• Operating profit

  +26.9%

  £748,654 → £950,341

• Profit before tax

  +31.3%

  £687,492 → £902,943

• Wages

  +18%

  £831,416 → £981,434

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

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company made a profit for the year of £670,942 and reported net current assets of £1,918,366 at the balance sheet date. The company is highly profitable, but the nature of the business and sector is such that the working capital cycle is generally long and a significant working capital investment in stock is required to operate profitability. This can result in periods of limited headroom within the company's existing facilities, which comprise a bank overdraft, bank loan and a stocking plan. Whilst the company operates within a sector which makes reliable forecasting extremely difficult, both in terms of sales activity and cash conversion, the directors are highly experienced in managing such periods. The company also benefits from long-standing relationships with its bankers, key customers and key supplier.”

Significant events

• “The directors are pleased with the performance overall and growth in the aftersales department in the year to 31 March 2025. Overall, 2024/25 provided a good year for RECO and in line with the directors' previous expectations of the market.”
• “The increased margin is mainly driven by further growth in the aftersales department coupled with a focus on increased efficiencies as we enter our 5th year of trade.”
• “During the year the company continued to focus on strategies to improve processes and increase efficiency after an exceptionally busy start-up period, recruitment of staff into key positions to ensure breadth and depth across the teams and overall stock management.”
• “The company continued to monitor working capital and cashflow very closely during the year and the company has reduced its overall stock, whilst repaying long term debt and better monitoring trade debtors hence an increase in cash.”

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.