I A P C B LIMITED

1. I A P C B LIMITED 2003-04-17 → present
2. ROY PAUL MOTORS (BANGOR) LIMITED 1986-12-19 → 2003-04-17

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have considered and reviewed, at Group level, forecast compliance with bank covenants and headroom availability during this period and do not forecast to be in breach of the covenants, or exceeding borrowing limits, at any of the test points. As such, the Directors have a reasonable expectation that there are no material uncertainties and continue to adopt the going concern assumption in the preparation of the financial statements.”

Significant events

• “Dividends of £5,000,000 were paid during the year.”
• “The UK's ZEV (Zero Emission Vehicle) Mandate was introduced by the conservative government in January 2024 with the aim of transitioning from combustion engine vehicles to electric in order to reduce the UK's overall carbon emissions.”
• “The Supreme Court heard an appeal concerning motor finance commission claims in April 2025. The judgment was given on 1 August 2025 and concluded that the motor dealers do not owe a fiduciary duty to customers.”
• “The FCA has announced that it will consult on an industry-wide scheme to compensate motor finance customers who were treated unfairly and will publish the consultation by early October 2025.”

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

Filings

2

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

  -4.2%

  £55,305,000 → £52,972,000

• Cash

  —

  Not reported

• Net assets

  -30.6%

  £11,579,000 → £8,033,000

• Employees

  +13%

  46 → 52

• Operating profit

  -34.6%

  £3,796,000 → £2,483,000

• Profit before tax

  -40.6%

  £3,611,000 → £2,145,000

• Wages

  +20.7%

  £1,756,000 → £2,120,000

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