YASA LIMITED

1. YASA LIMITED 2017-08-04 → present
2. YASA MOTORS LIMITED 2011-12-07 → 2017-08-04
3. OXFORD YASA MOTORS LIMITED 2009-07-29 → 2011-12-07

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 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“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 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. 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.”

Significant events

• “The Company incurred a loss before tax of £14,133,444 for the year ended 31 December 2024 compared to £3,146,421 year ended 31 December 2023.”
• “The loss for the current financial year reflects a significant impairment against plant and machinery acquired specifically to build e-motors for pure EV applications. The impairment loss was £11,021,070.”
• “The Company has recently concluded a £12m factory transformation project aimed at increasing its Hybrid production capacity to over 25,000 e-motors per year and automating further its unique production processes.”
• “The Board confirmed its commitment to expand facilities through the execution in February 2024 of a 15-year Agreement for Lease at a new purpose-built facility in Bicester.”
• “The construction phase is expected to complete in August 2025, thereafter the Company will pay lease rents of £2,237,000 per year (subject to future rent reviews).”
• “The Company has entered into a contract with a primary contractor for the bespoke fit-out of the property, expected to be in the region of £18m, which would allow occupation in Q3 of 2026.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +60.7%

  £64,074,738 → £102,975,705

• Cash

  —

  Not reported

• Net assets

  -22.7%

  £48,794,372 → £37,721,946

• Employees

  +12%

  359 → 402

• Operating profit

  -436.4%

  -£2,435,293 → -£13,062,800

• Profit before tax

  -349.2%

  -£3,146,421 → -£14,133,444

• Wages

  +33%

  £17,421,304 → £23,175,351

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