Registration number: 07096530

Stacatruc Limited

Contents

Company Information	1
Strategic Report	2
Directors' Report	3
Statement of Directors' Responsibilities	4
Independent Auditor's Report	5 to 7
Profit and Loss Account	8
Statement of Comprehensive Income	9
Balance Sheet	10
Statement of Changes in Equity	11
Notes to the Financial Statements	12 to 25

Stacatruc Limited

Company Information

Directors	P Vousden J Aylett

Registered office

Unit 10 & 11 Pipers Lane Industrial Estate Pipers Lane Thatcham RG19 4NA

Auditors

UHY Ross Brooke 2 Old Bath Road Newbury Berkshire RG14 1QL

Stacatruc Limited

Strategic Report for the Year Ended 31 January 2025

The directors present their strategic report for the year ended 31 January 2025.

Fair review of the business

Stacatruc Limited is involved in the supply, maintenance, hire and repair of materials handling equipment to a wide range of customers.
The period end January 2025 saw a strong performance of the business, delivering £19.6m of revenue in a 12-month trading period. This period of trade delivered a gross margin of 27.3% and an EBITDA of 6.7% which compares to the prior years average EBITDA of 5.7%.
The Company consolidated their position in the market by becoming the Mega Dealer for Clark branded fork lifts and accelerating the dealer network expansion within the UK. Moving forward this further supports the plans for both organic and acquisitional growth.

Principal risks and uncertainties

The overall UK Economy post change of Government previously continues to be a marketplace of uncertainty. This has resulted in delays in customer commitment in respect of new purchases, which is countered by an increased demand in financed purchases, hire and extension of maintenance agreements. Thus, meaning the business revenue stream balancing is constantly changing but we have the ability to drive growth as the opportunities arise on all fronts.
Directors have assessed the going concern based on the financial resources detailed and the Budget and future and are confident that the Company is a going concern and is likely to remain so for the foreseeable future.

Objectives and Policies

The business is looking to target four strategic pillars for growth;
• Hire - expand our hire fleet and increase our hire offering
• complimentary products - ensure we are supplying ancillary items for a complete ‘one stop shop’ experience as well as the materials handling equipment itself
• Mega Dealer - expand the UK network and increase volume via dealerships through provision of stock availability
This will all be undertaken utilising a ‘value-add’ ethos from all stakeholder company perspectives and with a view to maximise ultimate return on investment for YFM Equity Partners.
 

Price Risk, credit risk, liquidity risk……

We work with a handful of key suppliers and managing these day-to-day working relationships as partnerships. This is further supported via the new Mega Dealer agreement and enhance support offering from Clark and aids in mitigation of the risk of increased purchase prices and practicalities around operation delays in supply. We further mitigate this via our hire income which is generated from predominantly our own fleet of hire trucks and thus less reliance on third parties in this area.
In terms of liquidity, the relationship with our external partner, Arbuthnot Asset Finance, remains strong and was enhanced at the point YFM Equity Partners took ownership of the business - continuing our ability to meet obligations and take advantage of opportunities as they arise.
Although the business uses a number of detailed operational KPls to track its progress throughout its departments the directors believe the addition of these KPls is not necessary for understanding the development or position of the business.
 

Approved and authorised by the Board on 15 September 2025 and signed on its behalf by:
 

......................................... P Vousden Director

Stacatruc Limited

Directors' Report for the Year Ended 31 January 2025

The directors present their report and the financial statements for the year ended 31 January 2025.

Directors of the company

The directors who held office during the year were as follows:

M E Colley (ceased 27 August 2024)

P Vousden

B Reavley (ceased 27 August 2024)

P McConnell (resigned 16 July 2025)

The following director was appointed after the year end:

J Aylett (appointed 1 September 2025)

Disclosure of information to the auditors

Each director has taken steps that they ought to have taken as a director in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information. The directors confirm that there is no relevant information that they know of and of which they know the auditors are unaware.

Approved and authorised by the Board on 15 September 2025 and signed on its behalf by:
 

......................................... P Vousden Director

Stacatruc Limited

Statement of Directors' Responsibilities

The directors acknowledge their responsibilities for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

•	select suitable accounting policies and apply them consistently;

•	make judgements and accounting estimates that are reasonable and prudent;

•	state whether applicable United Kingdom Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

•	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Stacatruc Limited

Independent Auditor's Report to the Members of Stacatruc Limited

Opinion

We have audited the financial statements of Stacatruc Limited (the 'company') for the year ended 31 January 2025, which comprise the Profit and Loss Account, Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

•	give a true and fair view of the state of the company's affairs as at 31 January 2025 and of its profit for the year then ended;
•	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
•	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Stacatruc Limited

Independent Auditor's Report to the Members of Stacatruc Limited

Opinion on other matter prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

•	the information given in the Strategic Report and Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

•	the Strategic Report and Directors' Report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report and the Directors' Report.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

•	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
•	the financial statements are not in agreement with the accounting records and returns; or
•	certain disclosures of directors' remuneration specified by law are not made; or
•	we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities [set out on page 4], the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor Responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Stacatruc Limited

Independent Auditor's Report to the Members of Stacatruc Limited

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. As such, we have considered:

the nature of the industry and sector, control environment and business performance including the company's remuneration policy, bonus levels, and performance targets;
the company's own assessment, including assessments made by key management, of the risks that
irregularities may occur either as a result of fraud or error;
any matters we identified having reviewed the company's policies and procedures relating to:

- identifying, evaluating and complying with laws and regulations and whether they were aware of any
instances of non-compliance;
- detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or
alleged fraud; and
- the internal controls established to mitigate risks of fraud or non-compliance with laws and regulations;

the matters discussed amongst the audit engagement team.

As a result of these procedures, we considered the opportunities and incentives that may exist within the
organisation for fraud and identified the greatest potential for fraud in the areas in which management is
required to exercise significant judgement, such as the disclosure of adjusting items. In common with all
audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of
management override.

We also obtained an understanding of the legal and regulatory framework that the company operates in,
focusing on provisions of those laws and regulations that had a direct effect on the determination of material
amounts and disclosures in the financial statements. The key laws and regulations we considered in this
context were the Companies Act, tax legislation and regulations concerning importing and exporting to and
from the UK.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

......................................
Emily Ness BFP FCA (Senior Statutory Auditor)
For and on behalf of UHY Ross Brooke, Statutory Auditor
 2 Old Bath Road
Newbury
Berkshire
RG14 1QL

15 September 2025

Stacatruc Limited

Profit and Loss Account for the Year Ended 31 January 2025

	Note	2025 £	2024 £
Turnover	3	19,626,940	16,339,971
Cost of sales		(14,262,123)	(12,256,357)
Gross profit		5,364,817	4,083,614
Administrative expenses		(4,056,374)	(3,159,130)
Operating profit	4	1,308,443	924,484
Interest payable and similar expenses	5	(237,863)	(137,945)
Profit before tax		1,070,580	786,539
Tax on profit	9	(233,239)	(108,942)
Profit for the financial year		837,341	677,597

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

Stacatruc Limited

Statement of Comprehensive Income for the Year Ended 31 January 2025

	2025 £	2024 £
Profit for the year	837,341	677,597
Total comprehensive income for the year	837,341	677,597

Stacatruc Limited

(Registration number: 07096530)
Balance Sheet as at 31 January 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	10	171,399	216,640
Tangible assets	11	3,213,830	2,421,414
		3,385,229	2,638,054
Current assets
Stocks	12	3,701,646	2,430,071
Debtors	13	5,198,914	4,437,734
Cash at bank and in hand		214,081	236,462
		9,114,641	7,104,267
Creditors: Amounts falling due within one year	15	(6,932,109)	(5,850,278)
Net current assets		2,182,532	1,253,989
Total assets less current liabilities		5,567,761	3,892,043
Creditors: Amounts falling due after more than one year	15	(1,279,198)	(362,346)
Provisions for liabilities	16	(343,239)	(421,714)
Net assets		3,945,324	3,107,983
Capital and reserves
Called up share capital		50,000	50,000
Retained earnings		3,895,324	3,057,983
Shareholders' funds		3,945,324	3,107,983

Approved and authorised by the Board on 15 September 2025 and signed on its behalf by:
 

......................................... P Vousden Director

Stacatruc Limited

Statement of Changes in Equity for the Year Ended 31 January 2025

	Share capital £	Retained earnings £	Total £
At 1 February 2023	50,000	2,380,386	2,430,386
Profit for the year	-	677,597	677,597
At 31 January 2024	50,000	3,057,983	3,107,983