SRL TRAFFIC SYSTEMS LIMITED

1. SRL TRAFFIC SYSTEMS LIMITED 2006-02-03 → present
2. SOLAR RENTALS LIMITED 1997-11-11 → 2006-02-03

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Further detail is included within the accounting policies on page 15. Therefore, the company continues to adopt the going concern basis in preparing the financial statements.”

Group structure

1. SRL TRAFFIC SYSTEMS LIMITED · parent
   1. SRL GmbH 100% · Germany · Closed, being dissolved Ordinary

Significant events

• “The directors have considered the long term success of the company when preparing a five-year strategic plan which includes new products launch, expanding business into new locations and investment into the workforce.”
• “The directors recognise the vital importance of the company's employees, their abilities and dedication to the long-term success of the business. Creation of new roles and investment in existing staff underpins the delivery of the company's plan.”
• “Understanding needs of customers is critical to the success of the business. Engaging with customers, offering new technical solutions and improving day-to-day operations through implementation of new software and services enables the business to improve its customer satisfaction and in return helps to drive sales and increase profitability.”
• “Strong relationships with trusted suppliers are fundamental to the ability of the business to operate effectively and meet the needs of its customers. This is achieved through regular engagement with the suppliers in order to achieve efficiencies in existing products or services and to explore new technical possibilities.”
• “The board of directors considers the impact the company's operations have on the community and the environment. The business is already offering solar battery powered traffic lights which is not only reducing the electricity usage but also the number of vehicles on the road needed to replace the batteries. It is also investing into further environmentally friendly solutions. Furthermore, the company has installed solar panels at the head office and is assessing viability at other locations. Please refer to the Streamlined Energy and Carbon Reporting section for further details (page 5).”
• “It is the intention of the board of directors to behave responsibly and ensure management operate the business in a responsible manner, with high standards of business conduct and governance to the benefit of its stakeholders.”
• “SRL Traffic Systems Limited, headed by Amalthea Holdco Limited, is a part of a larger group of companies. The directors seek to, through the strategic plan, that strategy, priorities, processes and practices are aligned with those important to the ultimate shareholders.”

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

Filings

18

last 12 months

Capital events

0

last 24 months

Officers appointed

4

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -2.2%

  £40,543,000 → £39,634,000

• Cash

  +1.7%

  £9,021,000 → £9,178,000

• Net assets

  +10.4%

  £60,049,000 → £66,309,000

• Employees

  +7.4%

  203 → 218

• Operating profit

  -41.2%

  £13,280,000 → £7,805,000

• Profit before tax

  -39.5%

  £13,389,000 → £8,100,000

• Wages

  +14.6%

  £7,107,000 → £8,145,000

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