ADIENT SEATING UK LTD

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. ADIENT SEATING UK LTD 2016-10-18 → present
2. JOHNSON CONTROLS AUTOMOTIVE (UK) LTD. 1991-03-01 → 2016-10-18
3. HOOVER UNIVERSAL (UK) LTD. 1991-02-21 → 1991-03-01
4. JOHNSON CONTROLS AUTOMOTIVE (UK) LTD 1991-02-06 → 1991-02-21
5. HOOVER UNIVERSAL (UK) LIMITED 1980-12-31 → 1991-02-06
6. HOOVER BALL AND BEARING COMPANY (UK) LIMITED 1947-10-15 → 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

PricewaterhouseCoopers

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company has net liabilities of £15,597,000 (2023: £14,634,000). This is due to the company's capital requirements being met through the Adient plc group cash pool debt £1,800,000 (2023: £3,270,000) and bank overdraft of £41,223,000 (2023: £40,574,000), which is secured by way of a guarantee from the ultimate parent company. Furthermore, the directors have received confirmation from the Adient Group that it will support the company if necessary for at least one year after the financial statements are signed. With this support in place, covering the period of twelve months since the date of the signature of the Financial Statements and after assessing the Group's ability to to provide the support if required, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors therefore consider that it is appropriate to adopt the going concern basis in preparing the financial statements.”

Group structure

1. ADIENT SEATING UK LTD · parent
   1. Adient UK Pension Scheme Trustee Limited 100% · United Kingdom
   2. Adient Automotive Seating Maroc SARL 90% · Morocco

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

Filings

6

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

  +4.1%

  £226,422,000 → £235,761,000

• Cash

  —

  Not reported

• Net assets

  -6.6%

  -£14,634,000 → -£15,597,000

• Employees

  -12.5%

  944 → 826

• Operating profit

  +226.4%

  -£1,626,000 → £2,055,000

• Profit before tax

  +99.6%

  -£5,209,000 → -£21,000

• Wages

  -10.7%

  £44,307,000 → £39,579,000

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