M. WAY & SON (TRANSPORT) 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

Gravita Audit Western Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company had significant net current assets of £890,437 at 31 March 2025. At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. M. WAY & SON (TRANSPORT) LIMITED · parent
   1. Eggbeers Transport Ltd 100%
   2. W E Johns Transport Ltd 75%

Significant events

• “The group has continued to operate a smaller fleet of vehicles by not replacing all of the drivers who left the business after the pandemic.”
• “The gross profit margin increase, largely due to a reduction in the average diesel price for the period, combined with very tight control of direct costs and negotiation of customer haulage rate increases, is reflected in a modest increase in margin.”
• “There was also evidence of continued weakness in demand for haulage services during the financial year. The directors remain vigilant in controlling the number of vehicles operated, to be responsive to the level of likely demand, as the most significant costs of the business vary with the number of vehicles operated.”

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

  +0.9%

  £12,088,303 → £12,192,835

• Cash

  -38.9%

  £145,595 → £89,031

• Net assets

  -2.5%

  £6,019,602 → £5,870,632

• Employees

  -3.1%

  96 → 93

• Operating profit

  +22.8%

  £272,631 → £334,783

• Profit before tax

  +28%

  £191,465 → £245,030

• Wages

  -0.5%

  £3,544,649 → £3,525,669

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