FARID HILLEND ENGINEERING LIMITED

1. FARID HILLEND ENGINEERING LIMITED 2016-12-29 → present
2. HEIL FARID EUROPEAN COMPANY LIMITED 2013-05-03 → 2016-12-29
3. HEIL-EUROPE LIMITED 1992-10-30 → 2013-05-03
4. HILLEND ENVIRONMENTAL INDUSTRY LIMITED 1973-05-01 → 1992-10-30

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

Hazlewoods LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The global economic and political situation will have an impact in the next year. However, we operate in one of the essential industries and have not been critically impacted by the global economic situation and the global conflicts. The company has a strong order backlog and sufficient chassis to operate at normal production levels. Based upon the company's forecasts, and after considering plausible downside scenarios that could impact the company alongside the mitigating measures available, the directors have a reasonable expectation that the company has adequate resources to meet its obligations and continue in operational existence for the foreseeable future and for at least 12 months from the date of approval of these financial statements.”

Significant events

• “To meet future demand, the company is investing in new equipment as disclosed in note 12 to the financial statements and has started a feasibility study to materially increase its production capacity.”

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

Filings

1

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

  0%

  £35,821,847 → £35,806,481

• Cash

  -24.6%

  £905,118 → £682,649

• Net assets

  +42.8%

  £3,517,935 → £5,024,227

• Employees

  +0.6%

  170 → 171

• Operating profit

  +98.5%

  £1,127,509 → £2,237,564

• Profit before tax

  +105.3%

  £1,011,307 → £2,076,470

• Wages

  +5.7%

  £6,124,988 → £6,472,043

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