J.C.S.HI-TORQUE 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

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After reviewing the company's order book, financial projections, and expected cash position for the period to 31 December 2026, the directors have a strong expectation that the company has adequate resources to continue in operational existence for the foreseeable future, being at least 12 months from the date of approval of these financial statements. At the year end, the company was in breach of certain financial covenants relating to its bank loan facilities. As a result, and in accordance with applicable accounting standards, the associated borrowings have been classified as current liabilities. Subsequent to the reporting date, the lender issued a formal waiver of the Event of Default arising from the breach, confirming that no enforcement action will be taken. This waiver provides assurance regarding the continued availability of the loan facilities and supports the directors' assessment of going concern.”

Significant events

• “2024 also saw transportation issues and delays due to the unrest in the Middle East.”
• “As a result, the company has breached certain banking covenants. After the balance sheet date the lender has issued a letter to waive the Event of Default which has occurred as a result of the breach.”

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

  -7.2%

  £8,676,980 → £8,048,670

• Cash

  -3.6%

  £46,742 → £45,049

• Net assets

  -9.6%

  £3,672,506 → £3,321,302

• Employees

  -1.1%

  87 → 86

• Operating profit

  -321.5%

  -£66,083 → -£278,545

• Profit before tax

  -168%

  -£147,227 → -£394,520

• Wages

  +2%

  £3,517,199 → £3,585,890

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