MYERS & BOWMAN 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

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 §1A

Reporting scope

Standalone (parent only)

Auditor

robinson+co

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

• “The business has enjoyed another successful year. Over the past financial year, the garage has continued to deliver consistent performance, supported by a loyal customer base and the strength of the franchise network. Core services including vehicle servicing, MOT testing, diagnostics, and repairs have grown substantially, while franchise-led promotions helped attract new customers and increase footfall.”
• “Financially, the company saw a slight fall in overall turnover of 1.76%. Turnover from car sales has fallen more than the 3.6%, but improved sales from servicing up 19.9% has offset this. Operating costs are still rising due to inflation and increased supplier prices; however, efficiency improvements and better stock management helped offset these pressures, with an improved gross margin of 11.6% up from 10.8% last year, helping to offset these increases.”

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.

• Turnover

  -1.8%

  £13,561,002 → £13,322,307

• Cash

  +78.3%

  £1,360,632 → £2,426,564

• Net assets

  +4.2%

  £5,284,189 → £5,506,866

• Employees

  +4.8%

  21 → 22

• Operating profit

  +21%

  £337,323 → £408,132

• Profit before tax

  +10.8%

  £416,575 → £461,487

• Wages

  -3.9%

  £668,762 → £642,914

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