MERO-SCHMIDLIN (UK) PLC

1. MERO-SCHMIDLIN (UK) PLC 2006-10-04 → present
2. MERO (UK) PLC 1988-11-23 → 2006-10-04

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

Davis Burton Sellek

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors are able to confirm that the UK market conditions remain relatively stable, not withstanding the impact of Brexit, and the company continues to manage its way out of the COVID-19 pandemic as outlined in the strategic report. Mr G Tröster, director and ultimate controlling party, continues with his support of the company and has stated his intention to give financial support for the forthcoming twelve months from the date of the signing of the balance sheet. Taking all these factors and issues into account, the directors continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “The COVID-19 Pandemic has still left a legacy of increased material costs and some shortages but this is reducing quarter by quarter and the long lead times that the company had been experiencing has halved.”
• “An increase in power costs due to the Ukraine conflict and global uncertainty have had a dramatic effect on the groups cost of raw materials, rising by 30%.”
• “The cost of manufacturing has also increased due to the use of electricity in our production plant and transport costs have risen as a result of increases in fuel costs.”

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

  -29.2%

  £194,008 → £137,380

• Cash

  -24.7%

  £444,926 → £335,185

• Net assets

  +5.2%

  £549,687 → £578,516

• Employees

  0%

  1 → 1

• Operating profit

  -98.4%

  £36,634 → £568

• Profit before tax

  -98.4%

  £36,634 → £568

• Wages

  +1%

  £74,837 → £75,572

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