ABM TECHNICAL SOLUTIONS LIMITED

1. ABM TECHNICAL SOLUTIONS LIMITED 2017-12-28 → present
2. WESTWAY SERVICES LIMITED 2009-11-17 → 2017-12-28
3. WESTWAY COOLING LTD 2000-07-25 → 2009-11-17

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

Kreston Reeves LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' 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.”

Significant events

• “The Company's trading performance remained stable throughout the year, with contract wins replacing contract losses, in line with management expectations.”
• “Investment made in the senior management team to grow the business, leveraging the support of its US parent and co operation of the Group sister companies.”
• “Turnover in the year shows a moderate increase of £0.8 million to £51.2 million, driven by net organic growth.”
• “Gross profit margin decreased from 11.1% in 2023 to 10.9% in 2024.”
• “The Company continues to implement and maintain an Integrated Management System (IMS) certified to ISO9001:2015; ISO14001:2015; ISO45001:2018 and ISO50001:2018.”

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

  +1.5%

  £50,399,050 → £51,174,676

• Cash

  +395.3%

  £390,424 → £1,933,898

• Net assets

  +2.6%

  £38,505,672 → £39,518,686

• Employees

  +4.7%

  320 → 335

• Operating profit

  -24%

  £1,783,319 → £1,355,436

• Profit before tax

  -24.2%

  £1,782,561 → £1,351,112

• Wages

  +20.4%

  £13,409,365 → £16,144,114

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