BARLOWORLD EQUIPMENT UK LIMITED

• ◆

  5 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. BARLOWORLD EQUIPMENT UK LIMITED 2001-09-05 → present
2. BARLOWORLD EQUIPMENT LIMITED 2001-02-12 → 2001-09-05
3. BARLOWS TRACTOR INTERNATIONAL LIMITED 1994-12-08 → 2001-02-12

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton (NI) LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors therefore have a reasonable expectation, at the time of approving these financial statements, that the Company has adequate resources to continue operating for the going concern period. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements.”

Group structure

1. BARLOWORLD EQUIPMENT UK LIMITED · parent
   1. Barloworld Equipment Zambia Limited 0% · Zambia
   2. Barloworld Zimbabwe (Private) Limited 0% · Zimbabwe

Significant events

• “Total revenue reduced to $2.7m (2024: $85.4m) whilst operating profit reduced to $1.6m (2024: $5.6m). This reduction is as a result of the transitional arrangement to transact with Caterpillar that ceased during the year.”
• “During the year the Company made distributions of $21.4m (2024: $332.4m) which includes dividends in specie of $11.4m of its investments in subsidiaries. The balance of $10m was paid as cash dividends.”
• “During the year the Company distributed its investments in Barloworld Equipment Zambia (Pty) and Barloworld Equipment Zimbabwe (Pty) as dividend in specie to the Company's immediate parent company.”
• “Over the accounting year to 30 September 2025, data cleanse processes were completed with the scheme's bulk annuity insurers, and balancing premiums totalling c£377k were paid to them by Barloworld UK Limited to ensure the annuity policies represented a precise match for members' benefits. Following completion of the data cleanse and payment of balancing premiums, the trustee and the scheme employers instructed the bulk annuity insurance providers to assign the insurance policies directly between scheme members and the insurers. The legal obligation for paying member benefits and the risks associated with providing these benefits has therefore transferred to the insurers as at the balance sheet date, and the associated liabilities have been settled.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

5

last 12 months

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

• Turnover

  -96.8%

  £85,373,000 → £2,744,000

• Cash

  -24.8%

  £987,000 → £742,000

• Net assets

  -60%

  £34,443,000 → £13,793,000

• Employees

  0%

  8 → 8

• Operating profit

  -67%

  £5,613,000 → £1,855,000

• Profit before tax

  -91.1%

  £27,892,000 → £2,473,000

• Wages

  -10.7%

  £833,000 → £744,000

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