IVECO LIMITED

1. IVECO LIMITED 2003-06-13 → present
2. IVECO FORD TRUCK LIMITED 1986-04-24 → 2003-06-13
3. SWIFT 1535 LIMITED 1986-01-07 → 1986-04-24

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

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors recognise that the current economic conditions create uncertainty particularly over the level of demand for the company's products and services and the availability of finance through banking facilities for its customers. The company has considerable financial resources with strong net and current assets. However as the company's cash is subject to a cash pooling agreement, whereby it is held in a group treasury account, the company is reliant on the ultimate parent company for ensuring that it has access to sufficient funds to ensure it can continue as a going concern for the going concern period ending 30 November 2026. Consequently, the directors believe that the company is well placed to manage its business risks successfully despite current economic conditions. Furthermore, the directors have received a letter of support from Iveco Group N.V. confirming that support will be available to Iveco Limited for the going concern period as defined above. The directors have assessed the ability of Iveco Group N.V. to provide this support by reviewing its latest published financial information as of 05 March 2025 and taking into consideration the forecast available liquidity and limited debt maturing within the going concern period. Given the quantum of the forecast available liquidity and the limited debt maturing during the going concern period for Iveco Group N.V., the Board of Directors conclude that the Company is able to continue as a going concern for the going concern period, defined as the period ending 30 September 2025. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements.”

Group structure

1. IVECO LIMITED · parent
   1. Iveco Czech Republic A.S.
   2. Iveco Magirus A.G.

Significant events

• “During 2024 the directors engaged with employees in many different ways. These included quarterly email updates on the financial performance of the Company, town hall meeting held by the UK senior management team and live streaming presentations from the Brand President on the Iveco Group performance.”
• “Iveco launched the next generation electric Van the eDaily with first deliveries in the UK in 2024.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  -14.1%

  £558,936,000 → £480,334,000

• Cash

  +10.3%

  £20,463,000 → £22,575,000

• Net assets

  +11.3%

  £78,435,000 → £87,275,000

• Employees

  +4.9%

  103 → 108

• Operating profit

  -118.1%

  £3,319,000 → -£602,000

• Profit before tax

  -11.9%

  £11,580,000 → £10,201,000

• Wages

  -36%

  £9,449,000 → £6,050,000

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