SEDGWICK REPAIR SOLUTIONS UK 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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements are prepared on a going concern basis which the directors believe to be appropriate for the following reasons. At the balance sheet date the company had net assets of £79,933,000 (2023: £66,087,000) and net current assets of £79,067,000 (2023: £65,081,000) (net current assets of £6,825,000 when amounts owed to/by other Sedgwick Group companies are excluded). The directors have performed a going concern assessment which indicates that, taking account of reasonably possible downsides, the company will operate within the facilities available to it, which comprise its own cash balances and available funds through the parent company's treasury function, to meet its liabilities as they fall due during the going concern period. Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

1. SEDGWICK REPAIR SOLUTIONS UK LIMITED · parent
   1. Sedgwick UK Completion Services Limited 1% · Provision of a warranty fund

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

  +16.6%

  £34,642,000 → £40,380,000

• Cash

  +128.9%

  £2,104,000 → £4,817,000

• Net assets

  +21%

  £66,087,000 → £79,933,000

• Employees

  +17%

  106 → 124

• Operating profit

  +10.6%

  £10,614,000 → £11,743,000

• Profit before tax

  +11.6%

  £15,345,000 → £17,119,000

• Wages

  +10.6%

  £3,685,000 → £4,077,000

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