ELECTROSONIC LIMITED

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

Frazier & Deeter (UK Audit) LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial forecasts prepared by the directors have considered severe but plausible downside scenarios based on the experience of the past 12 to 18 months to assess the impact on the going concern of the Company. These forecasts demonstrate that taking into account a severe but plausible downside scenario the Company is able to operate within its existing facilities and there is sufficient liquidity headroom for a period of at least 12 months from the date of approval of these financial statements. The Company has also received a letter of support from its parent company, Electrosonic Group Limited, confirming support to enable the Company to meet its liabilities when they fall due for a period of at least 12 months from the date of approval of the financial statements. The directors have reviewed the financial statements of Electrosonic Group Limited and have made the necessary enquiries and due diligence to confirm that Electrosonic Group Limited has the ability to support the Company.”

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

1

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

  -20%

  £22,598,000 → £18,073,000

• Cash

  -66.9%

  £139,000 → £46,000

• Net assets

  -28.1%

  -£431,000 → -£552,000

• Employees

  -11.5%

  157 → 139

• Operating profit

  -208.2%

  £61,000 → -£66,000

• Profit before tax

  -13.2%

  £114,000 → £99,000

• Wages

  +3.4%

  £6,377,000 → £6,595,000

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