JCB MEDWAY LIMITED

1. JCB MEDWAY LIMITED 1998-10-09 → present
2. HOWPER 251 LIMITED 1998-07-13 → 1998-10-09

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

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. JCB MEDWAY LIMITED · parent
   1. JCB Medway (2015) Limited 100% · England and Wales · Supply of parts and accessories
   2. South Essex TPS (2015) Limited 100% · England and Wales · Supply of parts and accessories

Significant events

• “The two TPS businesses had a highly successful year and benefitted from low new & used vehicle supply, as customers held onto their vehicles longer, higher maintenance and servicing expenditure drove larger volumes of parts sales which were circa £14 million in the full year of 2024.”
• “In December 2024 the group updated its website provider and launched a brand new, bespoke website. Whilst the investment in this website was significant, early indications suggest a much-improved customer interaction and all customer users have been surveyed for their feedback on the usability of the site.”
• “During 2023 the Company restructured with the introduction of Bischoff Holdings Ltd, where freehold properties were transferred from JCB Medway Ltd to this new holding company. You will notice in the JCB Medway Ltd audited accounts a figure of £3,359,231 which is the profit on the disposal of property and is classed as an exceptional item on the accounts. This was a "one off" in 2023 with no repeat in 2024 audited accounts. From a resource perspective the Company has employed a further Franchise Director to help oversee the growing number of sites.”

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

  +5.8%

  £256,782,457 → £271,747,294

  highest in 4 filed years

• Cash

  -54%

  £7,807,894 → £3,592,575

  lowest in 5 filed years

• Net assets

  +8.4%

  £19,595,591 → £21,241,268

  highest in 5 filed years

• Employees

  +23.7%

  304 → 376

  highest in 5 filed years

• Operating profit

  -9.6%

  £4,734,943 → £4,280,609

• Profit before tax

  -65.3%

  £6,614,478 → £2,293,533

• Wages

  +19.9%

  £9,777,512 → £11,724,608

  highest in 5 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