VOLKERLASER HOLDINGS (UK) LIMITED

• ⚠

  Material uncertainty over going concern

  On 29 June 2009, the Directors took the decision to cease trading following a Group restructuring exercise, and the intention is to liquidate the Company. The timeframe for the liquidation is yet to be determined. As they do not intend to acquire a replacement trade, the Directors have prepared the financial statements on a basis other than going concern. The Directors have reconsidered all asset and liability carrying values to be consistent with valuations based on a discontinuation of business, and not on a continuing use basis. No adjustments were required as a result of the accounts being prepared on a basis other than going concern. As a consequence, all assets and liabilities of the Company are classified as current in these financial statements.

1. VOLKERLASER HOLDINGS (UK) LIMITED 2009-02-27 → present
2. LASER HOLDINGS (UK) LIMITED 2000-06-19 → 2009-02-27
3. LASER CIVIL ENGINEERING LIMITED 2000-05-19 → 2000-06-19
4. LASER (CIVIL ENGINEERING) CO. LIMITED 1979-10-25 → 2000-05-19

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“On 29 June 2009, the Directors took the decision to cease trading following a Group restructuring exercise, and the intention is to liquidate the Company. The timeframe for the liquidation is yet to be determined. As they do not intend to acquire a replacement trade, the Directors have prepared the financial statements on a basis other than going concern. The Directors have reconsidered all asset and liability carrying values to be consistent with valuations based on a discontinuation of business, and not on a continuing use basis. No adjustments were required as a result of the accounts being prepared on a basis other than going concern. As a consequence, all assets and liabilities of the Company are classified as current in these financial statements.”

Group structure

1. VOLKERLASER HOLDINGS (UK) LIMITED · parent
   1. VolkerLaser Build Limited 100% · England and Wales · Dormant
   2. VolkerLaser Civil Engineering Limited 100% · England and Wales · Dormant

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

Filings

2

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

  —

  Not reported

• Cash

  +4.6%

  £324,000 → £339,000

• Net assets

  +8.6%

  -£128,000 → -£117,000

• Employees

  —

  Not reported

• Profit before tax

  -6.3%

  £16,000 → £15,000

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