UK HIGHWAYS M40 (HOLDINGS) LIMITED

1. UK HIGHWAYS M40 (HOLDINGS) LIMITED 1997-05-09 → present
2. UK HIGHWAYS PLC 1996-07-05 → 1997-05-09
3. U.K. HIGHWAYS PLC 1994-08-30 → 1996-07-05
4. SIGNOPTION PUBLIC LIMITED COMPANY 1994-06-16 → 1994-08-30

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

Consolidated group

Auditor

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have assessed liquidity for a period of at least twelve months from date of approval of the financial statements. The Directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis in preparing the annual financial statements.”

Group structure

1. UK HIGHWAYS M40 (HOLDINGS) LIMITED · parent
   1. UK Highways M40 Limited 100% · England and Wales · operating the property and undertaking known as the M40 motorway junctions 1 to 15

Significant events

• “The Credit provider, HSBC PLC, held security interest over the assets of the group against the loan facility. The loan was fully repaid during the year, there is no longer an outstanding loan amount as at the year end.”
• “Ordinary dividends were paid amounting to £6,000,000 (2023: £Nil.)”
• “On 15 April 2024 the Group repaid its outstanding bank loan in full.”
• “On 16 April 2024 the Group repaid the outstanding unsecured loan notes principal and accrued interest in full.”

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

Filings

5

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

  +14.5%

  £47,568,000 → £54,453,000

• Cash

  -41.5%

  £37,726,000 → £22,079,000

• Net assets

  -16.4%

  £21,152,000 → £17,681,000

• Employees

  —

  Not reported

• Operating profit

  -58%

  £14,288,000 → £6,003,000

• Profit before tax

  -69%

  £11,442,000 → £3,551,000

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