CATERPILLAR COMMERCIAL NORTHERN EUROPE LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. CATERPILLAR COMMERCIAL NORTHERN EUROPE LIMITED 1999-11-19 → present
2. CATERPILLAR COMMERCIAL UK LIMITED 1999-09-15 → 1999-11-19
3. KNOWLEDGEMAKER LIMITED 1999-06-11 → 1999-09-15

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In assessing the appropriateness of the going concern basis of preparation the directors have reviewed detailed cash flow forecasts over the going concern period of review which runs to 31 December 2026, considering reasonably anticipated scenarios in relation to revenue and costs, including a severe but plausible scenario. Based on these cashflow forecasts the company can meet its liabilities as they become due. The company meets its day-to-day working capital requirements through intercompany cash pooling/funding arrangements. This provides the company access to the cashflows necessary for the day-to-day running of the company, and to support the going concern assertion. The company has obtained a letter of support from Caterpillar Inc. that confirms the availability of funding necessary to enable Caterpillar Commercial Northern Europe Limited to continue in existence as a going concern, to meet its liabilities as they fall due and to carry on its business at least 12 months from the date of the approval of these financial statements. As reported above, the company is part of the Caterpillar Inc. group's cash pooling/funding arrangements and the going concern assessment for Caterpillar Commercial Northern Europe Limited is linked to the financial strength of Caterpillar Inc., the ultimate parent undertaking. From a liquidity perspective Caterpillar Inc. ended the second quarter of 2025 with $5.4 billion of cash and available global credit facilities of $10.5 billion. Having considered the liquidity forecasts of Caterpillar Inc., the directors are satisfied that it has sufficient ability to honour the support confirmed to the company should it be called upon.”

Significant events

• “During the year the maximum amount borrowed was £11,627,000 (2023 - £10,169,000).”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  -0.9%

  £8,680,000 → £8,606,000

• Cash

  —

  Not reported

• Net assets

  +7.5%

  £11,723,000 → £12,601,000

• Employees

  -20%

  5 → 4

• Operating profit

  -16.9%

  £717,000 → £596,000

• Profit before tax

  -0.7%

  £1,197,000 → £1,189,000

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