HUEGLI UK LTD.

1. HUEGLI UK LTD. 1999-03-16 → present
2. REPAIRSTAND LIMITED 1999-02-11 → 1999-03-16

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

Curo Professional Services Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Whilst the company has net liabilities as at 31 December 2024 of £1,511,999 (2023 - £1,299,187), the Directors have prepared cash flow forecasts to December 2026 which supports their view that it is appropriate to prepare the financial statements on a going concern basis. In assessing these forecasts the directors have applied reasonably possible worst case sensitivities around reductions in sales volumes and management actions surrounding costs. The company's forecasts are dependent on Hügli Holding AG not seeking repayment of loans due to them, which at 31 December 2024 amounted to £17,474,335 (2023 - £17,688,815) The change in loan value surmounts to licence and interest charges payable on loan to Group. The company has received confirmation from Hügli Holding AG that it intends to continue to make available such funds as are needed by the company, and confirmed that it does not intend to seek repayment of these loans for the period covered by the forecasts. As with any company placing reliance on other group entities for financial support, the directors acknowledge that there can be no certainty that this support will continue, although at the date of approval of these financial statements, they have no reason to believe it will not do so. 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.”

Significant events

• “There have been no significant events affecting the Company since the year end.”

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

Filings

1

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

  -12.4%

  £28,275,823 → £24,758,207

• Cash

  +46%

  £2,767,714 → £4,041,335

• Net assets

  -16.4%

  -£1,299,187 → -£1,511,999

• Employees

  +6.9%

  87 → 93

• Operating profit

  -62.8%

  £917,271 → £340,929

• Profit before tax

  -163.3%

  £446,365 → -£282,472

• Wages

  +14.7%

  £2,957,363 → £3,391,897

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