TOOMEY LEASING GROUP LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. TOOMEY LEASING GROUP LIMITED 2012-01-06 → present
2. TOOMEY HIRE & LEASING CO.LIMITED 1969-09-25 → 2012-01-06

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

MHA

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or in aggregate, 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 improvement in new vehicle supply in 2023 triggered a realignment in used vehicle values at the end of 2023, resulting in our average used vehicle sales values being lower than the previous year. This was expected and budgeted for in 2024 and whilst lower than 2023, is still ahead of the average pre pandemic. Used electric vehicle prices have been significantly affected by the price realignment and on average we recorded a loss for each end of contract electric vehicle. Despite the reduction in electric vehicle prices as electric vehicles represent only 12% of the fleet, much lower than many of our competitors.”

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

Filings

3

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

  +21%

  £24,945,390 → £30,182,574

• Cash

  +17.2%

  £11,693,741 → £13,706,680

• Net assets

  +7.6%

  £25,611,665 → £27,569,137

• Employees

  +10.5%

  38 → 42

• Operating profit

  -7.4%

  £7,612,920 → £7,049,445

• Profit before tax

  -43.1%

  £4,660,741 → £2,652,434

• Wages

  -0.3%

  £2,415,875 → £2,409,184

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers