PEACOCK ENGINEERING LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Charterhouse (Audit) Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the above, the directors are confident that the actions and strategies in place will result in the company being able to mitigate business threats as they arise. All risks considered, there is nothing at this time that affects the company's ability to continue as a going concern. The financial statements have been prepared on a going concern basis even though at the balance sheet date the company's liabilities exceeded its assets by £561,050. The directors consider the going concern basis to be appropriate because, in their opinion, the company will continue to obtain sufficient funding from its parent company to enable it to pay its debts as they fall due.”

Group structure

1. PEACOCK ENGINEERING LIMITED · parent
   1. Peacock Engineering India Private Limited 99% · India

Significant events

• “Due to the successful negotiation of issues arising from COVID-19, this has been de-escalated and now forms part of the standard risk review.”
• “The addition of a government compliant electric car scheme has had a very positive uptake.”

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

Filings

19

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  -84.9%

  £2,729,512 → £411,350

  lowest in 6 filed years

• Net assets

  -125.4%

  £2,206,166 → -£561,050

  lowest in 5 filed years

• Employees

  -18.2%

  55 → 45

• Profit before tax

  -139.9%

  £2,102,027 → -£837,730

• Wages

  -32.3%

  £5,153,820 → £3,490,355

  lowest in 3 filed years

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