KABY ENGINEERS LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Consolidated group

Auditor

SFB Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent company's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.”

Group structure

1. KABY ENGINEERS LIMITED · parent
   1. Cadet Engineering Limited 100% · England

Significant events

• “During the financial year ending 2026, the Group's trading performance has been significantly affected by the loss of a major customer that accounted for 72% of gross sales in FY2025 (67% in FY2024). This loss has placed pressure on revenue and cash flow. To support the business through this period, the Group obtained a £200,000 loan from Equifyve Limited and a £330,000 loan from its shareholders. The Group also plans to complete a sale and leaseback of its property, with anticipated gross proceeds of approximately £3.8 million. The Parent Company breached a financial covenant attached to its bank facility in September 2025.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -22%

  £17,656,014 → £13,765,325

• Cash

  +587.4%

  £106,493 → £732,061

  highest in 3 filed years

• Net assets

  +9.2%

  £2,686,059 → £2,932,067

• Employees

  -22.8%

  149 → 115

  lowest in 3 filed years

• Operating profit

  +4.2%

  £424,367 → £442,019

• Profit before tax

  +221.8%

  £45,472 → £146,316

• Wages

  -21%

  £4,402,762 → £3,477,682

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