SOUTH WEST HIGHWAYS 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 101

Reporting scope

Standalone (parent only)

Auditor

Constantin

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have received a financial support letter from the Company's parent company that adequate resources will be made available to meet the Company's requirement for working capital during the operation of the contract. Thus, they continue to adopt the going concern basis in preparing the annual financial statements.”

Significant events

• “In 2023 the regional civil engineering activities that were in South West Highways Limited were transferred and novated to Taylor Woodrow Infrastructure Limited, a fellow group company.”
• “The Company has had to operate in a sustained volatile business environment, with an unprecedented period of global uncertainty coming out of the pandemic affecting global supply chains and more recently the Russian invasion of Ukraine that commenced 24th of February 2022. This has resulted in further significant supply chain issues, particularly with oilbased raw materials and consequential volatile indexation and rising interest rates, which has affected our subcontractors and suppliers.”

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

Filings

3

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

  -20.1%

  £32,405,711 → £25,906,866

• Cash

  +14.4%

  £5,018,472 → £5,742,157

• Net assets

  -54.4%

  £947,693 → £432,620

• Employees

  -2.6%

  115 → 112

• Operating profit

  -151.2%

  £863,583 → -£441,847

• Profit before tax

  -126.4%

  £953,081 → -£251,623

• Wages

  -0.5%

  £4,655,537 → £4,631,815

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