COMMERCIAL CATERING SPARES LTD.

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

Wilkes Tranter & Co Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As at 31 December 2024 the group had net current assets of £21,020,501 (2023: £15,496,864), net assets of £23,300,279 (2023: £18,167,503) and cash at bank and in hand of £6,983,947 (2023: £3,544,092). The directors have considered the cash flow forecasts for 12 months from the date of this report. The group has the continued support via a loan from parent undertakings to support the growth plans of the business. The group has received a letter of support from its ultimate parent company, Parts Town Unlimited, LLC to confirm the commitment to support the company and the availability of sufficient funding to settle any liabilities as they fall due to the extent First Choice Catering Spares Limited and now Parts Town UK Limited is not otherwise able to meet such liabilities. After making enquiries and taking account of the factors noted above, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for 12 months from the date of this report. The Directors believe it is appropriate to prepare the annual report and financial statements on a going concern basis.”

Group structure

1. COMMERCIAL CATERING SPARES LTD. · parent
   1. First Choice Group 1999 Limited 100% · England
   2. First Choice Group Training Limited 100% · England

Significant events

• “As of the 1st of July 2023, the trade, and assets of Commercial Catering Spares Limited were transferred to First Choice Catering Spares Limited and were integrated to become Parts Town UK Limited.”

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

1

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

  +51.3%

  £47,302,832 → £71,586,404

  highest in 6 filed years

• Cash

  +97.1%

  £3,544,092 → £6,983,947

  highest in 6 filed years

• Net assets

  +28.3%

  £18,167,503 → £23,300,279

  highest in 6 filed years

• Employees

  -21.5%

  265 → 208

• Operating profit

  +85%

  £3,729,152 → £6,898,759

  highest in 6 filed years

• Profit before tax

  +86.9%

  £3,739,965 → £6,989,336

  highest in 6 filed years

• Wages

  +47.9%

  £4,609,060 → £6,818,083

  highest in 6 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