PARKBURN PRECISION HANDLING SYSTEMS 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

  -29%

  £17,369,673 → £12,339,857

• Cash

  -77.9%

  £2,308,516 → £510,001

• Net assets

  -17.7%

  £2,670,342 → £2,196,513

• Employees

  0%

  68 → 68

• Operating profit

  -90.8%

  £2,240,268 → £205,801

• Profit before tax

  -90.8%

  £2,239,314 → £205,237

• Wages

  -5.2%

  £3,862,609 → £3,660,844

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. PARKBURN PRECISION HANDLING SYSTEMS LIMITED 2002-10-24 → present
2. PARKBURN ENGINEERING LIMITED 2002-09-05 → 2002-10-24
3. PARKBURN CONTROLS LIMITED 2001-07-02 → 2002-09-05
4. PARKBURN MANAGEMENT LIMITED 1996-01-25 → 2001-07-02
5. GROVEFORTH LIMITED 1995-05-18 → 1996-01-25

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Azets Audit Services

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.”

Significant events

• “One of the deciding factors in the recent move towards an employee ownership structure was succession planning, ensuring that the company remains true to its core values, continues to be successful and meets its future growth plans.”
• “At the year end the company's net assets were £2.2m (2024 - £2.7m) following distributions made to the Employee Ownership Trust.”
• “As shown in the Statement of Changes in Equity, a distribution of £600,500 (2024: £1,275,000) was made to the Parkburn Precision Handling Systems Limited Employee Ownership Trust during the year.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.