HARADA INDUSTRIES (EUROPE) LIMITED

1. HARADA INDUSTRIES (EUROPE) LIMITED 1989-09-15 → present
2. HARADA INDUSTRIES COMPANY LIMITED 1989-08-23 → 1989-09-15
3. HARADA INDUSTRY (EUROPE) LIMITED 1989-07-03 → 1989-08-23

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

Blick Rothenberg Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the company has adequate resources to continue operational existence for the foreseeable future of at least 12 months from the date the financial statements are approved. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements. Harada Industries Co., Ltd, the ultimate parent company, has confirmed its intention to provide ongoing financial support for the foreseeable future and for a minimum period of at least 12 months from the date the financial statements are approved.”

Significant events

• “Shareholders' funds increased by £9,576,417 due to a debt for equity swap and issuing of £11,014,537 shares in July 2024.”
• “Cash reserves decreased from £5,654,513 to £1,312,883 and short-term loans from the parent company decreased to £1,957,955.”
• “Trade debtors balance owed to third parties as of 31 December 2024 was £3,567,175, a decrease of £195,604 from the previous year.”
• “Inventory values increased by £1,861,567 over the same period.”
• “On 31 July 2024 a debt-to-equity swap was executed. As a result, borrowings of $4,000,000 and £7,900,000 (equivalent to £11,014,537 as of 31 July 2024) were converted into equity at £1 per share leading to the allotment of an additional 11,014,537 shares.”

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

Filings

4

last 12 months

Capital events

1

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

  -41.1%

  £48,837,948 → £28,757,979

• Cash

  -76.8%

  £5,654,513 → £1,312,883

• Net assets

  +1,191%

  -£804,088 → £8,772,329

• Employees

  -3.4%

  29 → 28

• Operating profit

  -244.2%

  £748,339 → -£1,079,302

• Profit before tax

  -4,851.3%

  £31,240 → -£1,484,319

• Wages

  +4.8%

  £1,236,094 → £1,295,267

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