DISTAG QCS (UK) LTD

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  -4%

  £16,514,229 → £15,857,885

• Cash

  -22.4%

  £240,663 → £186,791

• Net assets

  +12.3%

  £4,444,558 → £4,990,638

  highest in 4 filed years

• Employees

  +6.3%

  63 → 67

  highest in 4 filed years

• Operating profit

  -4.8%

  £854,041 → £813,306

• Profit before tax

  +2.5%

  £710,733 → £728,696

• Wages

  +6.7%

  £1,956,339 → £2,086,761

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. DISTAG QCS (UK) LTD 2013-09-24 → present
2. PIX HYDRAULICS EUROPE LIMITED 2011-03-29 → 2013-09-24
3. PIX - FLEXEQUIP HYDRAULICS LIMITED 2007-07-24 → 2011-03-29
4. FLEXEQUIP HYDRAULICS LIMITED 1971-07-23 → 2007-07-24

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Clemence Hoar Cummings

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.”

Group structure

1. DISTAG QCS (UK) LTD · parent
   1. Quality Component Solutions UK Limited · UK · dormant

Significant events

• “War in Ukraine & Middle East is continuing to cause uncertainty in the market place”
• “Interest rates at such a high level are affecting new machinery sales.”
• “General slowdown in manufacturing across UK & Ireland.”

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

Filings

5

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.