ADI-GARDINER LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. ADI-GARDINER LIMITED 2006-10-17 → present
2. SECURITY DISTRIBUTION GROUP LIMITED 2001-05-04 → 2006-10-17
3. GARDINER SECURITY LIMITED 1986-09-11 → 2001-05-04
4. GEOFF GARDINER SECURITY LIMITED 1978-12-31 → 1986-09-11
5. GEOFF GARDNER SECURITY LIMITED 1977-12-31 → 1978-12-31
6. DAPGLOW LIMITED 1977-07-20 → 1977-12-31

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 101

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the Company has adequate resources, following a review of the financial statements for current and prior years as well as the 5-year strategic forecast, to continue in operational existence for the foreseeable future being a period of at least 12 months from the date of these financial statements. Based on the circumstances described above, the financial statements are prepared on the assumption that the entity is a going concern.”

Group structure

1. ADI-GARDINER LIMITED · parent
   1. ADI-Gardiner Ireland Limited 100% · Republic of Ireland · Supply and distribution of security equipment

Significant events

• “On 1 July 2025, the Company purchased 100% shares in Snap One EMEA Limited, an affiliate UK group company, from SNAP ONE LLC for $15,600,000. This valuation includes Snap One EMEA limited and its subsidiaries. Snap One DOO Beograd is based in Serbia and a trading entity and Control 4 GmbH is a dormant entity in Germany.”
• “On 2 July 2025, July the Company issued two additional ordinary shares with a nominal value of £1 each for a total sum of £28,358,811. The shares were issued following the waiver of a loan payable to the parent company, Ademco 4 Limited.”
• “On 30 July 2025, Resideo Technologies Inc announced its intention to spin off the ADI Global Distribution Segment of Resideo into another independent public company that is expected to trade on the New York Stock Exchange. Currently this is expected to happen in the latter part of 2026. This will change the ultimate beneficial owner for the Company, but other than that, the impact is not expected to be significant.”

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

Filings

12

last 12 months

Capital events

2

last 24 months

Officers appointed

2

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +2.8%

  £212,678,000 → £218,599,000

• Cash

  +62.9%

  £16,419,000 → £26,747,000

• Net assets

  -16.4%

  £43,458,000 → £36,336,000

• Employees

  -1.7%

  355 → 349

• Operating profit

  -66.2%

  £11,232,000 → £3,797,000

• Profit before tax

  -86.5%

  £10,728,000 → £1,447,000

• Wages

  +7.6%

  £15,415,000 → £16,585,000

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