PERKINS ENGINES COMPANY LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. PERKINS ENGINES COMPANY LIMITED 1998-02-12 → present
2. ALL WHEEL DRIVE (SALES) LIMITED 1987-11-11 → 1998-02-12
3. ALL WHEEL DRIVE LIMITED 1987-07-28 → 1987-11-11
4. ARROWCITY LIMITED 1987-01-14 → 1987-07-28

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Considering all the above, the directors have a reasonable expectation that the company has adequate financial and other resources to continue in operation for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.”

Group structure

1. PERKINS ENGINES COMPANY LIMITED · parent
   1. Perkins Group Limited 100% · England
   2. Perkins Engines Asia Pacific PTE Limited 100% · Singapore
   3. Perkins Small Engines Limited 100% · England
   4. Perkins Engines Group Limited 99.19% · England
   5. Perkins Limited 99.99% · England
   6. Perkins India Private Limited 99.99% · India
   7. FG Wilson (Engineering) Limited 99% · England

Significant events

• “Turnover decreased by 26% from £1,710,109,000 in 2023 to £1,271,423,000 in 2024. The year on year reduction is due to a softening of demand attributed to right sizing of supply chains after the global pandemic disruptions.”
• “The operating result for the year has decreased by £43,808,000 compared to 2023, resulting in a loss before tax of £13,866,000 (2023: profit of £31,807,000).”
• “Net assets for the company increased from a 2023 balance of £124,160,000 to £125,248,000. Inventory reduced from a 2023 ending balance of £272,677,000 to a 2024 ending balance of £231,059,000.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  -25.7%

  £1,710,109,000 → £1,271,423,000

• Cash

  +15.2%

  £3,645,000 → £4,198,000

• Net assets

  +0.9%

  £124,160,000 → £125,248,000

• Employees

  -4.3%

  3,047 → 2,917

• Operating profit

  -94.8%

  £46,208,000 → £2,401,000

• Profit before tax

  -143.6%

  £31,807,000 → -£13,866,000

• Wages

  -1.4%

  £193,880,000 → £191,258,000

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