CATHELCO LIMITED

1. CATHELCO LIMITED 1989-11-03 → present
2. CATHODIC AND ELECTROLYTIC ENGINEERS COMPANY LIMITED 1956-03-15 → 1989-11-03

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”

Group structure

1. CATHELCO LIMITED · parent
   1. Corrintec Limited 100% · Not trading
   2. Cathelco SEA (PTE) Limited 100% · Singapore · Provision of ICCP and anti-fouling equipment
   3. Seafresh Desalinators Limited 100% · Water purification equipment provision
   4. Cathelco Middle East FZC 89.75% · United Arab Emirates · Provision of ICCP and anti-fouling equipment
   5. Echo Marine Service S.L.U 100% · Spain · Installation and service of water treatment equipment
   6. Cathelco Systems India Private Limited 99% · India · Provision of ICCP and anti-fouling equipment
   7. Cathelco Middle East L.L.C-FZ 100% · Dubai, UAE · Provision of ICCP and anti-fouling equipment

Significant events

• “Before the reporting date, Bridgepoint Group plc, the ultimate controlling party of the group, entered into an agreement for the sale of Evac Holding Oy (the Company's ultimate parent undertaking) to funds managed by Altor Equity Partners AB. Completion of the transaction is subject to regulatory approval and other customary conditions and is expected to occur in 2026. Completion had not occurred at the date these financial statements were authorised for issue.”

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.

• Turnover

  +16.8%

  £32,611,595 → £38,090,155

• Cash

  +85.5%

  £5,266,112 → £9,771,231

• Net assets

  +30.5%

  £13,895,138 → £18,136,518

• Employees

  +0.8%

  122 → 123

• Operating profit

  -38.4%

  £7,209,946 → £4,442,557

• Profit before tax

  -44.2%

  £7,883,902 → £4,397,515

• Wages

  +8.1%

  £5,545,552 → £5,992,271

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers