TURNERS ACCIDENT REPAIR LIMITED

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

Azets Audit Services Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “The business delivered another year of profitability and growth. We continued to execute our strategy of organic growth in our 5 existing sites while also opening a brand new, state of the art 20,000sq ft facility near Ripon.”
• “The business has responded to these shifts by investing in the training and equipment required for EV repairs and advanced diagnostic development. All our 6 sites have continued to be PAS2060 Carbon Neutral, and we are continually looking at ways to reduce our carbon footprint. We also have increased our use of green parts and follow a repair over replace methodology.”
• “Further strong growth is expected as our Ripon site continues to shift towards maturity and we expand into the North-East through the opening of our next 16,000sq ft site at Chester-le-Street, County Durham in January 2025.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +15.6%

  £17,036,388 → £19,694,317

  highest in 3 filed years

• Cash

  -1.5%

  £2,528,517 → £2,491,245

• Net assets

  -24.5%

  £4,192,194 → £3,165,045

• Employees

  +11.8%

  102 → 114

  highest in 4 filed years

• Operating profit

  +0.4%

  £2,083,684 → £2,092,904

• Profit before tax

  +2.1%

  £2,041,606 → £2,084,033

  highest in 4 filed years

• Wages

  +29.2%

  £4,197,502 → £5,422,367

  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