ZF SERVICES UK LIMITED

1. ZF SERVICES UK LIMITED 2011-06-23 → present
2. ZF GREAT BRITAIN LIMITED 1989-08-24 → 2011-06-23
3. Z F GEARS (GREAT BRITAIN) LIMITED 1973-10-03 → 1989-08-24

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 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which assumes the company will continue in operational existence for the foreseeable future. As of 31 December 2024, the company had net current assets of £18.3 million and net assets of £26.8 million. The company currently has a positive net current assets, but is dependent on the group through its in-house banking arrangements, the directors have sought and obtained a letter of financial support from its ultimate parent company, ZF Friedrichshafen AG, confirming they will provide financial support to ensure the company can meet its financial liabilities for a period of 12 months from the date of approval of these financial statements.”

Significant events

• “In September 2023, the Wabco Automotive UK Pension Scheme operated by ZF CV Distribution Limited merged into the ZF UK Pension plan. This was accounted for as a distribution in specie from capital reserves.”
• “As of 1 April 2023, the main standard rate of corporation tax increased from 19% to 25%.”

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

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +5.7%

  £103,298,000 → £109,147,000

• Cash

  -77.3%

  £247,000 → £56,000

• Net assets

  +5.9%

  £25,310,000 → £26,798,000

• Employees

  +1.1%

  262 → 265

• Operating profit

  -0.2%

  £3,560,000 → £3,553,000

• Profit before tax

  +7.4%

  £665,000 → £714,000

• Wages

  +4.6%

  £10,722,000 → £11,213,000

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