TBA LEICESTER LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. TBA LEICESTER LIMITED 2017-05-08 → present
2. CENTRAL SYSTEMS & AUTOMATION LIMITED 1988-01-04 → 2017-05-08

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

Bright Grahame Murray

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which assumes the company will continue in operational existence for the foreseeable future. The directors are required to consider the application of the going concern concept when signing financial statements. The principal element required to meet the test is sufficient liquidity for a period of at least twelve months subsequent to the date of signing the accounts, The company forecasts it will have sufficient liquidity. In doing so the directors have funding by way of a letter of support from a fellow group company confirming its provision of financial support for a 12 month period from the date of approval of the balance sheet. The company is also in negotiations with its parent company to receive a significant capital contribution which would ensure that its balance sheet is restored to a net assets position.”

Significant events

• “Despite being a challenging and difficult year due to the war in Israel and economic recession the Company had another decent year in 1 out of 5 sectors in which it operates. During the year the Warehouse business continued its recent revenue growth, as a result of the Company concentrating on its core activities. Service revenue remained steady for the year.”

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

Filings

3

last 12 months

Capital events

4

last 24 months

Officers appointed

0

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

  +53.2%

  £6,293,114 → £9,638,028

  highest in 3 filed years

• Cash

  +171.3%

  £780,283 → £2,117,256

  highest in 4 filed years

• Net assets

  +39.7%

  -£6,371,371 → -£3,841,482

• Employees

  +1%

  105 → 106

  highest in 4 filed years

• Operating profit

  +40.5%

  -£9,937,037 → -£5,916,911

• Profit before tax

  +34%

  -£10,409,426 → -£6,868,924

• Wages

  +11.8%

  £5,629,086 → £6,292,811

  highest in 4 filed years

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