HARTSHORNE CROSSROADS GROUP CONTRACTS LIMITED

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

BHP LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Consequently, after making appropriate enquiries including the support of other group companies, and taking account of reasonably possible changes in trading performance, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and that there are no material uncertainties that would cast significant doubt on the Company's ability to continue as a going concern. Accordingly, the directors continue to adopt the going concern basis in preparing the annual report and accounts.”

Significant events

• “Revenue increased due to higher volume of vehicles on contract hire with customers which led to increased volume of maintenance agreements sold compared to 2023.”
• “Competitive pressure and economic uncertainties continue to be risks for the Company. The Company manages the risk by providing added value services to its customers, having fast response times, not only in supplying products and services, but also in handling all customer queries, and by maintaining strong relationships with customers.”
• “Despite higher sales volume, profit for the year before taxation amounted to £3,110,000 (2023: £4,964,000) which is down to higher cost of sales.”
• “Total dividends paid to the shareholders of the Company was £2,999,000 (2023: £3,400,000).”
• “Year on year cash has decreased, principally due to operating profit cash flows after allowing for the effect of dividends paid to the parent company of £2,999,000, and repayments of a number of balloon payments due on hire purchase agreements.”
• “The Company will continue to invest in specific staff training, system development and exploring new opportunities to ensure that the company's performance continues to be strong in securing medium and long-term prospects.”

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

Filings

11

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

  +18.7%

  £26,071,000 → £30,942,000

• Cash

  -53.8%

  £8,049,000 → £3,717,000

• Net assets

  -11.5%

  £5,799,000 → £5,131,000

• Employees

  —

  Not reported

• Operating profit

  -19%

  £5,768,000 → £4,673,000

• Profit before tax

  -37.3%

  £4,964,000 → £3,110,000

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