GLOBAL COMPONENTS (UK) LTD

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

TC Group

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The directors regard the foreseeable future as no less than twelve months following the publication of the company's annual financial statements. The directors have considered the company's balance sheet position as at the year end, its working capital forecasts and projections, and the impact of the current cost of living and inflation crisis, taking account of reasonably possible changes in trading performance and the current state of its operating market and are satisfied that the company has sufficient resources to remain in operational existence. Accordingly, they have adopted going concern basis in preparing these financial statements.”

Significant events

• “The current cost of living crisis is still affecting the company. The dire economic conditions due to pandemic, political upheaval due to populism and divisive politics, the war in Ukraine and Middle-East and the BREXIT continue to create challenging business conditions for the company to operate in the UK.”

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

Filings

2

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

  -18.2%

  £13,588,178 → £11,116,983

• Cash

  -14.2%

  £2,610,240 → £2,239,280

• Net assets

  +4.6%

  £5,188,859 → £5,428,445

• Employees

  +9.1%

  22 → 24

• Operating profit

  -37.6%

  £829,405 → £517,176

• Profit before tax

  -32.2%

  £875,897 → £594,047

• Wages

  +6.3%

  £360,044 → £382,793

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