SYSPAL LIMITED

1. SYSPAL LIMITED 1987-11-23 → present
2. SYSPAL HOLDINGS LIMITED 1979-12-31 → 1987-11-23
3. CREAMRATE LIMITED 1979-06-27 → 1979-12-31

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

Consolidated group

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have considered the Company's current and future prospects and believe the actions taken during the downturn have improved overall efficiency, leaving the business in a strong position to react to the recovering economy. In particular, the Directors have prepared forecasts and budgets to 31 December 2026 which demonstrate the Company should be able to continue to operate for a period of at least 12 months from the date of signing these financial statements. Taking into consideration the forecast trading performance of the Company, as well as the Company's cash balance and the fact that the Company has no external debt, the Directors consider that the going concern basis of accounting continues to be appropriate for the preparation of the financial statements, on the basis that the Company will continue to meet its financial obligations as they fall due for a period of not less than 12 months from the date of approval of these financial statements.”

Group structure

1. SYSPAL LIMITED · parent
   1. Technik Technology Limited 100% · UK · dormant
   2. Hydro Physio Limited 100% · UK · dormant
   3. Syspal K.G. Limited 100% · UK · dormant

Significant events

• “The move into new premises was completed during the year”
• “Some large veterinary projects were ordered during the year”

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

  +7.8%

  £21,671,613 → £23,361,683

• Cash

  +6.7%

  £7,918,063 → £8,449,573

• Net assets

  +10.2%

  £10,386,625 → £11,441,762

• Employees

  +10.2%

  166 → 183

• Operating profit

  +56.4%

  £888,538 → £1,389,430

• Profit before tax

  +62.7%

  £974,195 → £1,585,404

• Wages

  +7.2%

  £6,403,132 → £6,865,901

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