PPCA HOLDCO 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

Consolidated group

Auditor

Daw White Murrall

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Production output will continue to be depressed from it's current position in the coming year but growth is expected to return after this and the directors continue to adopt the going concern basis of accounting in preparing the financial statements. The company and its parent have external debt on which repayments are due and certain covenants are in place. The company continues to service this debt and has ensured compliance with quarterly covenant requirements through 2024. The company has prepared forecasts for the period through to 31 March 2025 which it considers to be prepared on a prudent basis and these forecasts demonstrate that covenants and debt repayments will continue to be met throughout this period. The company has sensitised these forecasts and has considered controllable mitigating actions that can be taken when sensitivities are applied. Based on these sensitivities and actions the company is expected to be able to operate within its facilities and covenants through to 31 March 2025. For these reasons, the Directors have prepared the financial statements on a going concern basis.”

Group structure

1. PPCA HOLDCO LIMITED · parent
   1. PP Control & Automation Limited 100% · UK

Significant events

• “PPC&A remains well placed to take advantage of continued growth planned. Current sectors we are targeting include energy, renewables and high technology sectors. We also continue to work with prospective customers in the automation sectors and offer continued support in the growth of business levels with our existing customer base.”

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

Filings

9

last 12 months

Capital events

3

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

  -10.5%

  £36,092,532 → £32,292,638

• Cash

  -40.4%

  £778,489 → £463,900

• Net assets

  +43.3%

  £3,078,182 → £4,411,319

• Employees

  -10.6%

  217 → 194

• Operating profit

  -1.7%

  £2,664,457 → £2,618,874

• Profit before tax

  +0.9%

  £1,935,424 → £1,951,897

• Wages

  -16%

  £6,202,061 → £5,211,782

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