AMEY LG LIMITED

1. AMEY LG LIMITED 2008-05-22 → present
2. AMEY INFRASTRUCTURE SERVICES LIMITED 2004-09-30 → 2008-05-22
3. AMEY HIGHWAYS LIMITED 1998-08-28 → 2004-09-30
4. COLESLAW 392 LIMITED 1998-08-10 → 1998-08-28

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)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making enquiries and based on the assumptions outlined in note 2 to the financial statements, the Directors have concluded that the Company has adequate resources to meet its obligations as they fall due for a period of at least twelve months from the date of approving these financial statements. For this reason, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. AMEY LG LIMITED · parent
   1. Amey Public Services LLP 67% · United Kingdom · Highways management
   2. Amey Roads (North Lanarkshire) Limited 67% · United Kingdom · Highways management
   3. Amey Wye Valley Limited 80% · United Kingdom · Highways management
   4. Nationwide Distribution Services Limited 100% · United Kingdom · Highways maintenance

Significant events

• “On 27 March 2024, the Company issued seven new additional Ordinary shares of £1 each at a premium for a total value of £560,999,999. On the same date, the Company used the proceeds of the share issue to repay £560,999,999 of subordinated hybrid loans classed as an Other equity instrument. The hybrid loan facilities were cancelled and any interest accounted for on the subordinated hybrid loans was also cancelled.”
• “On 27 March 2024, the Company's fellow group undertaking, Enterprise Limited, repaid the £189,000,000 investment subordinated loan and the facility was cancelled. No interest was received in respect of this loan.”
• “On 29 October 2024, the Group completed a refinancing of its external borrowing facilities. The existing £235 million Term Loan and Revolving Credit Facility (RCF) which was agreed on 4 April 2024 was replaced with a £125 million committed, syndicated RCF with a tenor of 6.5 years.”
• “On 1 May 2025, the Group's RCF was extended with the addition of ING Bank N.V., London Branch, to the lending group. This amendment increased the RCF overall limit by £25 million to £150 million and the borrowing limit from £75 million to £100 million.”
• “The Court of Appeal judgment handed down on 25 July 2024 that upheld the High Court ruling on 16 June 2023 in the case f Virgin Media v NTL Pension Trustees II Limited (and others), potentially affects the Schemes that were contracted-out on reference scheme basis between 6 April 1997 and 5 April 2016 and could lead to increases in the Schemes' obligations.”

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

  -32%

  £224,712,000 → £152,749,000

• Cash

  -69.3%

  £7,337,000 → £2,251,000

• Net assets

  -130.3%

  £35,980,000 → -£10,899,000

• Employees

  —

  Not reported

• Operating profit

  -1,119.3%

  -£5,409,000 → -£65,954,000

• Profit before tax

  -414.6%

  -£13,208,000 → -£67,964,000

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