PERKINS HOLDINGS LIMITED

• ⚠

  Material uncertainty over going concern

  The company has obtained a letter of support from Caterpillar Inc. that confirms the availability of funding necessary to enable Perkins Holdings Limited to continue in existence as a going concern, to meet its liabilities as they fall due and to carry on its business for at least 12 months from the date of the approval of these financial statements.

1. PERKINS HOLDINGS LIMITED 1998-07-17 → present
2. VARITY EUROPE LIMITED 1994-11-07 → 1998-07-17
3. VARITY HOLDINGS LIMITED 1986-06-27 → 1994-11-07
4. MASSEY-FERGUSON HOLDINGS LIMITED 1952-02-01 → 1986-06-27

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 LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The company has obtained a letter of support from Caterpillar Inc. that confirms the availability of funding necessary to enable Perkins Holdings Limited to continue in existence as a going concern, to meet its liabilities as they fall due and to carry on its business for at least 12 months from the date of the approval of these financial statements.”

Group structure

1. PERKINS HOLDINGS LIMITED · parent
   1. Caterpillar Americas Co. 35.68% · USA

Significant events

• “The company's statement of comprehensive income reports a profit before tax of £4,645,000 (2023 - £5,194,000). This decrease is due to a decrease in royalty income.”
• “OECD Pillar Two rules and legislation were introduced during the year, impacting corporate taxation.”

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

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -24.2%

  £3,820,000 → £2,894,000

• Cash

  —

  Not reported

• Net assets

  +0.6%

  £505,289,000 → £508,205,000

• Employees

  —

  Not reported

• Operating profit

  -23.7%

  £3,791,000 → £2,893,000

• Profit before tax

  -10.6%

  £5,194,000 → £4,645,000

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