RADIUS SUBTERRA LIMITED

1. RADIUS SUBTERRA LIMITED 2020-12-01 → present
2. RADIUS PLUS LIMITED 2011-06-06 → 2020-12-01
3. UPLUS LIMITED 2010-07-27 → 2011-06-06
4. RADIUS EXPORTS LIMITED 2008-06-20 → 2010-07-27
5. UPONOR UK EXPORTS LIMITED 2005-04-20 → 2008-06-20
6. NRG2 LIMITED 2002-12-09 → 2005-04-20
7. UPONOR UK EXPORT LIMITED 1990-11-02 → 2002-12-09
8. YIP (INTERNATIONAL) LIMITED 1988-02-29 → 1990-11-02
9. YORKSHIRE PLASTICS (INTERNATIONAL) LIMITED 1983-07-27 → 1988-02-29
10. SOUTHERN COUNTIES PNEUMATIC SUPPLIES LIMITED 1973-11-26 → 1983-07-27

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have overseen the preparation of and have reviewed forecasts of trading results and cash flows for the Company for the period through to 31 December 2026 and, taking into account sensitivity analysis around reasonably foreseeable uncertainties and the facilities made available to the Group by a Royal Bank of Scotland invoice discounting facility with a maximum availability of £15.4m, have formed the view that the Company has sufficient resources to meet its ongoing requirements for the foreseeable future, being a period of not less than 12 months from the signing of this report. On this basis and having considered the individual projected trading results and cash flows of this entity, and the availability of Group support, the directors have concluded that it is appropriate to prepare these financial statements on a going concern basis.”

Significant events

• “The following amendments became effective from 1 January 2024 and were adopted by the Company from that date: Amendments to IAS 1 Classification of liabilities as current or non-current and Non-current liabilities with covenants Amendments to IFRS 16 - Lease liability in a sale and leaseback Amendments to IAS 7 and IFRS 7 - Supplier Finance Arrangements”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +0.8%

  £4,245,000 → £4,277,000

• Cash

  -9.9%

  £2,475,000 → £2,231,000

• Net assets

  -6.2%

  £5,777,000 → £5,420,000

• Employees

  -5.7%

  35 → 33

• Operating profit

  -715.8%

  £76,000 → -£468,000

• Profit before tax

  -762%

  £71,000 → -£470,000

• Wages

  +17.1%

  £1,297,000 → £1,519,000

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