OVIVO UK LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. OVIVO UK LIMITED 2011-03-29 → present
2. EIMCO WATER TECHNOLOGIES LIMITED 2005-12-22 → 2011-03-29
3. BRACKETT GREEN LIMITED 2000-11-29 → 2005-12-22
4. BRACKETT GEIGER LIMITED 1999-12-14 → 2000-11-29
5. BRACKETT GREEN LIMITED 1990-12-12 → 1999-12-14
6. SUTCLIFFE ENVIRONMENTAL LIMITED 1990-05-15 → 1990-12-12
7. BRACKETT LIMITED 1988-12-05 → 1990-05-15
8. HAWKER SIDDELEY BRACKETT LIMITED 1977-12-31 → 1988-12-05
9. F.W.BRACKETT & CO.,LIMITED 1909-08-20 → 1977-12-31

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

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Considering the forecast prepared the Directors are of the opinion that our forecast is achievable and that the headroom within the forecast should be sufficient to enable the Company to operate and meets its liabilities as they fall due for payment throughout the year, and the financial statements have accordingly been prepared on a going concern basis.”

Group structure

1. OVIVO UK LIMITED · parent
   1. Ovivo Middle East LLC 49%
   2. Ovivo Taiwan Co. Ltd 75%
   3. Ovivo India Private Limited 99%

Significant events

• “FY24 was a strong year for the business where we recorded increases to both revenue and our bottom line profitability. Turnover for the period was £32.5m and represents a 63% increase when compared to the prior period (FY23 - £19.9m). The increase was driven by continued progress on a large project in the nuclear sector as well as a key project in the hydrogen sector. In addition to this our after market business increased with some large projects booking in the period.”
• “The Company is aware of the 2023 ruling in the Virgin Media vs NTL Pension Trustee case and subsequent court of appeal ruling published in July 2024. These ruled that certain amendments made to the NTL Pension Plan were invalid because they were not accompanied by the correct actuarial confirmation. There remains significant uncertainty as to whether the judgments will result in additional liabilities for UK pension schemes and it is possible that the Department of Work & Pensions will introduce legislation to allow changes to be certified retrospectively. A detailed review of historic documentation will be needed to determine whether the changes made by the Fund were valid (assuming retrospective certification does not become an option), and such a review will take some time to complete. As a result, the Company cannot be certain of the potential implications (if any) and therefore a sufficiently reliable estimate of any effect on the obligation cannot be made.”

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

Filings

17

last 12 months

Capital events

2

last 24 months

Officers appointed

2

last 12 months

Officers resigned

4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +63.1%

  £19,944,500 → £32,533,480

• Cash

  -21.6%

  £742,362 → £582,237

• Net assets

  +25.5%

  £6,584,535 → £8,264,176

• Employees

  +2.7%

  75 → 77

• Operating profit

  +788.1%

  £168,121 → £1,493,121

• Profit before tax

  +5,818.8%

  £20,302 → £1,201,641

• Wages

  -0.3%

  £4,471,064 → £4,455,598

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