INGERSOLL-RAND SERVICES LIMITED

1. INGERSOLL-RAND SERVICES LIMITED 2017-08-22 → present
2. INGERSOLL-RAND UK LTD. 2005-08-09 → 2017-08-22
3. GBS EUROPE LIMITED 2001-01-31 → 2005-08-09
4. LONGRIGG ENGINEERING LIMITED 1971-09-29 → 2001-01-31

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As part of the preparation of the financial statements, the directors have carried out a review with respect to going concern. They have reviewed the cash flow forecasts and the prospects of the business going forward and concluded that there is no going concern issue. The Company is reliant on the support of Ingersoll Rand Inc., its ultimate operating parent undertaking, to be able to meet its liabilities as they fall due. The directors have received a letter of support from Ingersoll Rand Inc. which states its intent to provide the necessary financial support to ensure that the company is a going concern for at least twelve months from the date of signing these financial statements. After making enquiries and taking account of the factors noted above, the directors have a reasonable expectation that the company will have access to adequate resources to continue in existence for the foreseeable future (12 months from signing of the financial statement). Thus, they continue to adopt the going concern basis of accounting in preparing these financial statements.”

Significant events

• “There have been no events between the balance sheet date and the date on which the financial statements were approved by the board, which would require adjustment to the financial statements or any additional disclosures.”

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

Filings

7

last 12 months

Capital events

1

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

  -2.3%

  £8,557,000 → £8,362,000

• Cash

  +1.7%

  £59,000 → £60,000

• Net assets

  +18.6%

  £3,872,000 → £4,593,000

• Employees

  +1.3%

  77 → 78

• Operating profit

  -9.2%

  £641,000 → £582,000

• Profit before tax

  -0.1%

  £731,000 → £730,000

• Wages

  -6.5%

  £4,781,000 → £4,468,000

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