CITY ELECTRICAL FACTORS LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. CITY ELECTRICAL FACTORS LIMITED 1980-12-31 → present
2. A.J.COLEMAN AND CO LIMITED 1938-02-02 → 1980-12-31

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

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

Crowe U.K. 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

• “On 1 May 2024 the Company acquired the trade, assets and liabilities of Brencham (1988) Limited, Saldon Products Limited, Escala Limited and two divisions of Lancaster Holdings Limited, as part of a group reconstruction.”
• “On 31 January 2025 the Company acquired the trade, assets and liabilities of Morpheus Limited, as part of a group reconstruction.”

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

Filings

16

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +4.1%

  £1,162,982,113 → £1,211,004,463

• Cash

  +93.9%

  £18,135,319 → £35,170,332

• Net assets

  +6.9%

  £243,808,606 → £260,666,928

• Employees

  +17.8%

  3,487 → 4,109

• Operating profit

  +1.3%

  £29,566,382 → £29,964,578

• Profit before tax

  -13.8%

  £28,312,694 → £24,396,877

• Wages

  +18.1%

  £175,787,406 → £207,517,737

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