PETMIK 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

Consolidated group

Auditor

Hawsons Chartered Accountants

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After due consideration of all relevant factors, including the current economic climate, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the forseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report accounts.”

Group structure

1. PETMIK LTD · parent
   1. Traffco Limited 100% · UK · retailing of traffic management equipment and trailers

Significant events

• “The downturn in turnover from the previous two years was driven by reduced market activity with many clients keeping equipment longer due to increased costs imposed by the current Government putting a cap on spending.”
• “The UK market has softened during 2024/25 but expectations are for a satisfactory year.”
• “The company paid dividends of £112,000 (2024 - £40,000).”
• “Going forwards, due to the low operating cost base for the group there are no concerning risks to the business. The UK market will continue to soften during 2026 but expectations is still for a satisfactory year.”

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

  -22.4%

  £18,216,576 → £14,141,865

• Cash

  +2.3%

  £3,851,137 → £3,939,661

• Net assets

  +4.6%

  £5,419,335 → £5,668,145

• Employees

  0%

  2 → 2

• Operating profit

  -76.9%

  £2,107,649 → £487,783

• Profit before tax

  -77.1%

  £2,122,546 → £485,226

• Wages

  0%

  £30,000 → £30,000

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