FARID UK LIMITED

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 —. Year-on-year comparison hidden: this filing's period length differs materially from the prior year. 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. FARID UK LIMITED 2008-08-11 → present
2. FARID MUNICIPAL VEHICLES LIMITED 1992-02-06 → 2008-08-11
3. EUROTEC HOLDINGS LIMITED 1991-12-23 → 1992-02-06

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Hazlewoods LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After reviewing the group's forecast and projections, the directors have reasonable expectation that the group has adequate resources available to continue in operational existence for the foreseeable future. The group therefore continues to adopt the going concern basis in preparing its financial statements.”

Group structure

1. FARID UK LIMITED · parent
   1. Farid Hillend Engineering Limited 100% · Scotland · manufacture and service of refuse collection equipment

Significant events

• “The directors see the main risks and uncertainties that will or may impact on the business now and in the future are the policy announcements of the US Administration on tariffs, trade, the environment and conflicts in Europe and the Middle East which may lead to continuing global economic issues and exchange rate fluctuations.”
• “The business continued to be impacted by much higher inflation than had been experienced for a number of years. This and the changes being enacted by the UK Government is having an impact on labour costs, utilities and materials prices which in turn are affecting selling prices.”
• “The group is currently adopting a series of policies covering a sustainability code of conduct, supplier code of conduct and whistleblowing procedures as well as supporting that group's targets for achieving Net Zero carbon emissions with an interim milestone of achieving a reduction of 40% by 2031 and the goal of Net Zero by 2045.”
• “The group has granted a guarantee to the Commissioners of Customs & Excise for £250,000 (2024: £250,000). This guarantee is for duty deferment in favour of Barclays Bank PLC for import of goods.”

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.