JTEKT SALES UK LTD

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

Affirmed

“The company meets its day-to-day working capital requirements through cash reserves. The company's forecasts and projections, taking account of reasonably possible changes in trading performance and as part of the agency commission, where there is a certainty of margin, show that the company will be able to operate within its current cost base. The director has received confirmation that the agency commission arrangement will remain in place for at least 12 months from the date the financial statements are signed. The director has also considered the financial health of the JTEKT Europe Bearings B.V. as the intermediary parent, from whom the commission payments are received, and that of the ultimate parent entity JTEKT Corporation for a period of at least 12 months from the date of signing the financial statements. As a result of these assessments the director is of the opinion that the company has adequate resources to continue in operational existence for the minimum of 12 months from the date of signing: The company therefore continues to adopt the going concern basis in preparing its financial statements.”

Significant events

• “In the automotive market, the switch to electrification and new automotive architecture required for this change is also introducing uncertainty in the automotive market but also providing some new opportunities for JTEKT Sales UK.”
• “During the year the company has experienced fluctuating demand from the automotive sector due to the lack of availability of components, this issue is expected to continue through 2025. Demand in the Industrial and Aftermarket sectors is slowing down.”

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

Filings

4

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

  +2.7%

  £3,423,758 → £3,515,715

• Cash

  +52.3%

  £7,129 → £10,857

• Net assets

  -2.3%

  £5,828,827 → £5,695,582

• Employees

  +5.3%

  19 → 20

• Operating profit

  +92%

  £132,326 → £254,007

• Profit before tax

  +35.7%

  £303,409 → £411,632

• Wages

  -8.9%

  £865,464 → £788,723

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