CARRIER RENTAL SYSTEMS (UK) LIMITED

• ◆

  3 officer resignations in last 12 months

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

1. CARRIER RENTAL SYSTEMS (UK) LIMITED 2008-01-04 → present
2. LONGVILLE LIMITED 2000-04-28 → 2008-01-04
3. SLD PUMPS LIMITED 1951-03-29 → 2000-04-28

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 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company's forecasts and projections, taking account of reasonable possible changes in trading performance, show that the company should be able to operate within the level of its current cash reserves and committed financing arrangements. Whilst the company partly meets its day-to-day working capital requirements and financing arrangements through a UK group cash pooling arrangement, which is centrally managed by another group company (Parkview Treasury Services (UK) Limited), there is a finite risk of a cash pooling mechanism failure, and the cash pool facility can be terminated by the Pool Leader with 1 day's notice. Accordingly, the company has received a letter of support from Carrier Global Corporation, its ultimate parent undertaking. After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.”

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

2

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +3.4%

  £51,788,000 → £53,529,000

• Cash

  —

  Not reported

• Net assets

  +11.9%

  £51,591,000 → £57,714,000

• Employees

  -1.3%

  223 → 220

• Operating profit

  +57%

  £4,255,000 → £6,680,000

• Profit before tax

  +59.3%

  £4,992,000 → £7,953,000

• Wages

  +3.6%

  £12,423,000 → £12,865,000

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