HOLOPHANE EUROPE 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

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' 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 financial statements are authorised for issue.”

Significant events

• “The Company experienced a 10% decline in revenue in comparison to fiscal year 2023, which can primarily be attributed to the following factors: Reduced Demand in Core Markets: A slowdown in demand in both domestic and international markets, particularly in the commercial and industrial sectors, led to fewer orders and a declining order book. Public Lighting Tenders: Opportunities in the volume streetlighting market came under pressure as existing contracts came to an end with limited scope for replacement business in the UK market due to high levels of LED adoption. Product Mix and Pricing Pressures: The Company faced challenges with its product mix, as demand for higher-margin premium products weakened, while price-sensitive lower-margin offerings became more dominant.”
• “As part of our ongoing strategy to diversify our product offerings and tap into adjacent emerging markets, the Company announced a new focus on horticultural lighting products for controlled environment agriculture.”
• “On 4 December 2024, the Defined Benefit Pension Scheme entered into a buy-in policy to secure all of the remaining members' benefits with Pension Insurance Corporation plc. Subsequent to the year end, a payment of £736 thousand was made to the scheme's bank account to fund the buy-in.”

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

Filings

1

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

  -10.3%

  £27,364,000 → £24,547,000

• Cash

  +139.4%

  £2,179,000 → £5,217,000

• Net assets

  +68.2%

  £8,127,000 → £13,666,000

• Employees

  -3.8%

  104 → 100

• Operating profit

  -20.4%

  £2,020,000 → £1,608,000

• Profit before tax

  -14.5%

  £2,029,000 → £1,734,000

• Wages

  -4%

  £4,681,000 → £4,492,000

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