KONE PUBLIC LIMITED COMPANY

1. KONE PUBLIC LIMITED COMPANY 1999-12-23 → present
2. KONE (U.K.) PUBLIC LIMITED COMPANY 1979-12-31 → 1999-12-23
3. MARRYAT HOLDINGS (NO.1) LIMITED 1978-12-31 → 1979-12-31
4. FASCORE LIMITED 1978-06-13 → 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 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Financial Statements have been prepared on a going concern basis. The company assessment covered the twelve months from the date of approval of these Financial Statements. The Directors have assessed the company's resilience as a going concern. The Directors base their assessment on the solid order book, the stability of recurring revenue for the service business and cash flow forecasts. The directors have received a letter confirming financial support from KONE Oyj, which will enable the company to meet its financial liabilities, subject to expiry conditions contained within the letter. The Directors have therefore determined that there is no material uncertainty that casts doubt on the entity's ability to continue as a going concern.”

Group structure

1. KONE PUBLIC LIMITED COMPANY · parent
   1. KONE Pension Trustees Limited 1% · England and Wales · Non-trading
   2. KONE (NI) Limited 1% · Northern Ireland · Elevator servicing & repair
   3. KONE Nederland Holdings B.V. 0.46% · Netherlands · Investment Holding Company

Significant events

• “In 2024 KONE PUBLIC LIMITED COMPANY achieved an IIFR of 3.36 (2023: 0.68).”
• “An additional past service cost amounting to £2,388k was recognised for the Defined Benefit Pension Scheme.”
• “The subsidiary Consult Lift Services was placed in to a Members Voluntary Liquidation during 2024. The reserves were distributed as a dividend to the members, leading to the write-down of the investment.”
• “The Door Business is planned to be transferred in 2025 to a new legal entity KDB Door Business UK LTD.”

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

Filings

7

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

  +9.8%

  £344,896,000 → £378,853,000

• Cash

  +37.6%

  £671,000 → £923,000

• Net assets

  +5.5%

  £55,215,000 → £58,235,000

• Employees

  +0.5%

  1,708 → 1,717

• Operating profit

  -20.8%

  £20,763,000 → £16,453,000

• Profit before tax

  -5.6%

  £23,612,000 → £22,301,000

• Wages

  +7.6%

  £94,260,000 → £101,437,000

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