WMG PROPERTY LIMITED

1. WMG PROPERTY LIMITED 2014-05-06 → present
2. WELLINGTON MOTORS (TAUNTON) LIMITED 2014-05-01 → 2014-05-06

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

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. WMG PROPERTY LIMITED · parent
   1. Wellington Motors Limited 100% · UK · sale and servicing of motor vehicles

Significant events

• “The director is hugely excited about this addition of Omoda & Jaecoo and are very proud to have been chosen as the representative for such a fast-moving innovative new entry into the UK marketplace.”
• “The Exeter Direct Car Supermarket outlet is now fully operational at the very centre of Marsh Barton which remains as Europe's largest motorpark.”
• “The company is moving forwards with its solar panel project in 2025 at Wellington and over the next 2 years this will be completed for all the groups freehold properties.”

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

  -97.3%

  £677,640 → £17,962

• Net assets

  -0.7%

  £5,019,834 → £4,986,001

• Employees

  -50%

  2 → 1

• Operating profit

  -102.4%

  £28,118 → -£665

• Profit before tax

  +154.6%

  £157,652 → £401,441

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