LAST MILE D&B (MIDLANDS & SOUTH) LIMITED

1. LAST MILE D&B (MIDLANDS & SOUTH) LIMITED 2026-03-13 → present
2. UK POWER SOLUTIONS LIMITED 2007-05-23 → 2026-03-13

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As at the reporting date the company had net current liabilities of £8,965,000 (2024: net current assets of £1,371,000) and net liabilities of £20,284,000 (2024: net assets of £9,156,000). In March 2022, the group entered into a £367m long term financing facility, provided by a group of banks and institutional lenders, In July 2024, this increased by a further £220m from lenders within the existing group, details of which are provided in note 1 of the financial statements. The facility can be drawn down as new connections are energised and based on projections, the directors consider that the group will continue to operate within the limits of the facility and covenants. After considering the above, the directors believe that the company is well placed, at the time of approving the financial statements, to manage its business risks (as detailed in the strategic report) successfully and has adequate resources to continue in operational existence for a period of 12 months from the signing of the financial statements. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “In September 2024, the Last Mile Infrastructure Group Limited (the "group") acquired the remaining shareholding in the company and as such, the company is now a wholly owned subsidiary.”
• “In October 2024, Infracapital sold 50% of the share capital of Last Mile Infrastructure (Holdings) Limited to Macquarie, therefore as documented below, the company's ultimate parent undertakings are now both Infracapital and Macquarie. As both parties are equal 50% shareholders and no single party has the ability to exert control over the group, there is no ultimate controlling party.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +4.3%

  £62,996,000 → £65,686,000

• Cash

  -30.8%

  £1,557,000 → £1,078,000

• Net assets

  -121.5%

  -£9,156,000 → -£20,284,000

• Employees

  -8.3%

  108 → 99

• Operating profit

  -27%

  -£7,944,000 → -£10,085,000

• Profit before tax

  -28%

  -£8,697,000 → -£11,128,000

• Wages

  -2.2%

  £5,411,000 → £5,294,000

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