FORD CIVIL ENGINEERING LIMITED

1. FORD CIVIL ENGINEERING LIMITED 1982-09-27 → present
2. VASHOPE LIMITED 1982-07-21 → 1982-09-27

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

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. 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 company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “2024 presented many significant challenges, some of which related to trading restrictions brought about by the economic downtown within the housing sector and exacerbated by global economic uncertainty.”
• “Once again, at the time of writing, there have been financial casualties already within our sector so it's imperative that we continue to strive to work as efficiently as possible and to withdraw from overly competitive schemes or contracts that present themselves as overly challenging and therefore higher risk.”

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

  -31.9%

  £37,845,761 → £25,764,519

  lowest in 4 filed years

• Cash

  -93.9%

  £1,353,424 → £82,955

  lowest in 4 filed years

• Net assets

  -7.4%

  £5,729,481 → £5,303,274

• Employees

  -2.4%

  124 → 121

• Operating profit

  -124.7%

  £1,301,052 → -£321,939

  lowest in 4 filed years

• Profit before tax

  -148.3%

  £1,097,000 → -£530,235

  lowest in 4 filed years

• Wages

  -12.7%

  £5,885,591 → £5,139,091

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