MERO-SCHMIDLIN (UK) PLC

• ◆

  Material uncertainty over going concern

  Mr G Tröster, director and ultimate controlling party, continues with his support of the company and has stated his intention to give financial support for the forthcoming twelve months from the date of the signing of the balance sheet. Taking all these factors and issues into account, the directors continue to adopt the going concern basis in preparing the financial statements.

• ·

  Going-concern uncertainty disclosed

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. MERO-SCHMIDLIN (UK) PLC 2006-10-04 → present
2. MERO (UK) PLC 1988-11-23 → 2006-10-04

Accounting basis

FRS 102

Auditor

Stewart & Co Accountants LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Mr G Tröster, director and ultimate controlling party, continues with his support of the company and has stated his intention to give financial support for the forthcoming twelve months from the date of the signing of the balance sheet. Taking all these factors and issues into account, the directors continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “An increase in power costs due to the continuing Ukraine conflict and now with the Iran conflict leading to global uncertainty have had a dramatic effect on the groups cost of raw materials, rising by 30%. The cost of manufacturing and transport has also increased due to the use of electricity in our production plant, and the cost of fuel increasing transport costs have risen.”

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

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.