AMPLIFON LIMITED

• ⚠

  Material uncertainty over going concern

  Not withstanding net current liabilities of £66.8m at 31 December 2024 the financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. Those forecasts are dependent on Amplifon S.p.A providing additional financial support during that period. Amplifon S.p.A has indicated its intention to continue to make available such funds as are needed by the company for the period covered by the forecasts.

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

Material uncertainty disclosed

“Not withstanding net current liabilities of £66.8m at 31 December 2024 the financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. Those forecasts are dependent on Amplifon S.p.A providing additional financial support during that period. Amplifon S.p.A has indicated its intention to continue to make available such funds as are needed by the company for the period covered by the forecasts.”

Significant events

• “2024 saw a 5% increase in sales (2023: 5% increase).”
• “The net liabilities for the financial statements at the 31 December 2024 was £59.5m (2023: net liabilities £60.4m).”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  +5%

  £27,304,000 → £28,658,000

• Cash

  -35.2%

  £948,000 → £614,000

• Net assets

  +1.5%

  -£60,350,000 → -£59,465,000

• Employees

  -9.2%

  316 → 287

• Operating profit

  -1.6%

  £1,445,000 → £1,422,000

• Profit before tax

  +11.7%

  £1,341,000 → £1,498,000

• Wages

  +3.4%

  £12,231,000 → £12,648,000

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