ROAD MANAGEMENT SERVICES (A13) PLC

• ⚠

  Material uncertainty over going concern

  We draw attention to note 1 to the financial statements which indicates that the Company's ability to continue as a going concern is dependent on the continued financial support of its credit providers. These events and conditions, along with the other matters explained in note 1, constitute a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern.

• ◆

  6 officer resignations in last 12 months

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

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 1 to the financial statements which indicates that the Company's ability to continue as a going concern is dependent on the continued financial support of its credit providers. These events and conditions, along with the other matters explained in note 1, constitute a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern.”

Significant events

• “Road safety performance on the A13 carriageway is subject to material financial penalties and bonuses as determined by the revenue payment mechanism in the Project Agreement which compares relative performance between those roads and the Transport for London Road Network ('TLRN').”
• “The principal decisions made by the Board of Directors during the year ended 31 December 2024 were related to: The procurement of the refurbishment work to deliver the River Lea Crossing and obtaining of related consents; Major maintenance expenditure; The procurement of the replacement work to deliver the Lodge Avenue Flyover and obtaining of related consents; The review of the Company's organisation chart and internal procedures and policies and; The review of the Company's legal compliance system”

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

Filings

15

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

6

last 12 months

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

• Turnover

  -0.9%

  £50,386,000 → £49,949,000

• Cash

  +1.6%

  £103,738,000 → £105,394,000

• Net assets

  -48.2%

  £8,908,000 → £4,616,000

• Employees

  —

  Not reported

• Operating profit

  -89.7%

  £1,802,000 → £185,000

• Profit before tax

  +54%

  -£11,508,000 → -£5,293,000

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