HASKEL EUROPE LTD

1. HASKEL EUROPE LTD 2008-08-18 → present
2. HASKEL ENERGY SYSTEMS LIMITED 1978-12-31 → 2008-08-18
3. HI-ENERGY SYSTEMS LIMITED 1976-09-27 → 1978-12-31

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have assessed the company's financial position, cash flow forecasts, and future funding requirements. Based on this review, and taking into consideration the continued financial support from the group via a binding letter of support received, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Consequently, the financial statements have been prepared on a going concern basis. The directors remain confident in the ongoing support from the group and will continue to monitor the company's financial position closely.”

Group structure

1. HASKEL EUROPE LTD · parent
   1. Haskel France SAS 100% · France · Dormant
   2. Haskel Sistemas de Fluidos España SRL 100% · Spain · Distribution of hydraulic, pneumatic and associated equipment
   3. Hingerose Limited 100% · England · Distribution of hydraulic, pneumatic and associated equipment
   4. YZ Systems Limited 100% · England · Distribution of hydraulic, pneumatic and associated equipment

Significant events

• “Haskel France SAS which has been fully impaired in the prior year as this company was liquidated on 16 February 2024.”
• “Westwood Technical Limited changed its name to YZ Systems Ltd on 24 March 2023.”
• “In common with businesses who undertake the nature of activities conducted by the company, the company are periodically subject to contractual disputes and claims.”

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

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

  -0.7%

  £26,537,637 → £26,355,920

• Cash

  +12.5%

  £1,014,362 → £1,141,073

• Net assets

  -64.1%

  -£6,278,124 → -£10,301,114

• Employees

  -14.2%

  134 → 115

• Operating profit

  +73.9%

  -£6,313,837 → -£1,647,499

• Profit before tax

  +53.6%

  -£7,800,936 → -£3,618,807

• Wages

  -15.8%

  £7,473,821 → £6,290,777

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