KRAUSSMAFFEI GROUP UK LIMITED

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  Negative shareholders' funds

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. 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.

1. KRAUSSMAFFEI GROUP UK LIMITED 2013-07-24 → present
2. KRAUSSMAFFEI GROUP LIMITED 2013-05-09 → 2013-07-24
3. KRAUSS-MAFFEI (U.K.) LIMITED 1970-10-23 → 2013-05-09

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Bennett Brooks & Co Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have received a commitment from the parent company Krauss Maffei Technologies GmbH that they will continue to provide the company with financial support to enable the company to continue its operations and to meet its financial obligations as they fall due for a period of at least 12 months from the date of approval of these financial statements. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements, as explained in note 2, Accounting Policies.”

Significant events

• “The following amendments were effective for the period beginning 1 January 2024: - IFRS 16 Leases (Amendment to Liabilities in a Sale and Leaseback); - IAS I Presentation of Financial Statements (Amendment to Classification of Liabilities as Current or Non-current): - IAS I Presentation of Financial Statements (Amendment to Non-current Liabilities with Covenants); and IFRS 7 Financial Instruments: Disclosures (Amendment to Supplier Finance Arrangements). The amendments have had no material impact on the financial statements.”
• “In the Spring Budget 2021, the UK Government announced that from 1 April 2023 the corporation tax rate would increase to 25% (rather than remaining at 19%, as previously enacted). This new law was substantively enacted on 24 May 2021. Deferred taxes at the balance sheet date have been measured using these enacted tax rates and reflected in these financial statements.”
• “The pension fund was closed in January 2009. The plan also provides benefits to spouses/dependants in the event of members' death before or after retirement.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.