HPH GROUP 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

MJH Accountants Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have considered the Group's financial position, future cash flows and ongoing income streams from its property interests. The Group is in a solvent position and is expected to generate sufficient income to meet its obligations as they fall due. The Group has previously provided a cross-guarantee in respect of banking facilities held by the former subsidiary. Payments totalling £30,000 were made prior to the year end, with a further £30,000 settled after the reporting date. The directors do not expect any remaining exposure under this arrangement to be material. After taking these matters into account, the directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future, being a period of at least 12 months from the date of approval of these financial statements. Accordingly, the financial statements have been prepared on the going concern basis and the directors have not identified any material uncertainties that would cast significant doubt on the Group's ability to continue as a going concern.”

Significant events

• “On 5 August 2024, H. Parkinson Haulage Limited entered administration following a sustained period of financial difficulty within the haulage sector. As a result, the Group ceased to have control over the subsidiary at that date and it was deconsolidated from the Group's financial statements.”
• “Following this, the Group's principal activity has transitioned to that of a property holding and management entity.”
• “The dilapidation claim associated with previously leased premises remains with H. Parkinson Haulage Limited, which entered administration on 5 August 2024 and has been deconsolidated from the Group. As such, no provision has been recognised in the Group financial statements. Any potential exposure is considered uncertain and is disclosed, where appropriate, within the notes to the financial statements.”
• “The administrators have indicated that the total liability under the guarantee may fall within the range of £70,000 to £100,000. At the date of approval of these financial statements, there remains uncertainty as to the timing and amount of any further outflows. Accordingly, no provision has been recognised in respect of the remaining balance and it is disclosed as a contingent liability.”
• “Subsequent to the year end, the Group made a payment of £30,000 under a guarantee provided in respect of the overdraft facility of its former subsidiary, H. Parkinson Haulage Limited.”

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

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

  —

  Not reported

• Cash

  +1,897.6%

  £3,000 → £59,929

• Net assets

  -1.6%

  £904,857 → £890,473

• Employees

  —

  Not reported

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers