EURO EQUIPMENT LIMITED
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Next accounts due
2026-09-29 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-21 (in 1mo)
Last made up 2025-06-07
Watchouts
Cash
£922K
-60.3% vs 2023
Net assets
£6M
+11.1% highest in 6 filed years
Employees
20
+11.1% highest in 6 filed years
Profit before tax
£824K
-37% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £12,278,629 | £14,809,862 | |
| Operating profit | — | — | — | — | — | £1,316,518 | £828,645 | |
| Profit before tax | — | — | — | — | — | £1,308,861 | £824,029 | |
| Net profit | — | — | — | — | — | £962,650 | £588,222 | |
| Cash | £312,996 | £775,382 | £411,220 | £675,097 | £675,097 | £2,325,151 | £922,416 | |
| Total assets less current liabilities | £2,729,617 | £3,468,959 | £3,913,191 | £4,467,580 | — | £5,750,068 | £6,362,713 | |
| Net assets | £2,672,535 | £3,164,860 | £3,743,577 | £4,341,523 | — | £5,304,173 | £5,892,395 | |
| Equity | £2,672,535 | £3,164,860 | £3,743,577 | £4,341,523 | £4,341,523 | £5,304,173 | £5,892,395 | |
| Average employees | 12 | 12 | 13 | 13 | — | 18 | 20 | |
| Wages | — | — | — | — | — | £754,235 | £1,098,107 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 10.7% | 5.6% | |
| Net margin | — | — | — | — | — | 7.8% | 4.0% | |
| Return on capital employed | — | — | — | — | — | 22.9% | 13.0% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 44.7% | 37.3% | |
| Current ratio | — | — | — | — | — | 2.09x | 2.48x | |
| Interest cover | — | — | — | — | — | 171.94x | 179.52x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Auditor
- MHA
- Audit opinion
- Qualified
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “1. The company has further invested in its tangible fixed assets, acquiring new assets costing £313,999.”
- “2. In March 2025, the company signed a new lease agreement for the rental of property, extending the term through to March 2030. The annual lease payment is £36,000. These amounts are not included in the operating lease commitments note.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HARRIS, Michael John | Director | 2017-09-30 | Mar 1978 | British |
| HOLLOWAY, Christopher David | Director | 2017-09-30 | Feb 1980 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HOLLOWAY, Clive | Secretary | — | 2000-06-08 |
| HOLLOWAY, David Edward | Secretary | 2000-06-08 | 2019-08-31 |
| HOLLOWAY, Clive | Director | — | 2000-06-08 |
| HOLLOWAY, David Edward | Director | — | 2019-08-31 |
| HOLLOWAY, Ivy Florence | Director | — | 2024-11-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Ivy Florence Holloway | Individual | Shares 25–50%, Voting 25–50% | 2022-09-27 | Ceased 2024-11-05 |
| Mr Christopher David Holloway | Individual | Shares 25–50%, Voting 25–50% | 2022-09-27 | Active |
| Mr Michael John Harris | Individual | Shares 25–50%, Voting 25–50% | 2022-09-27 | Active |
| The Estate Of Mrs Ivy Florence Holloway | Individual | Shares 25–50%, Voting 25–50% | 2022-09-27 | Active |
| Mr David Edward Holloway (Deceased) | Individual | Shares 25–50%, Voting 25–50% | 2021-02-24 | Ceased 2022-09-27 |
| Mrs Ivy Florence Holloway | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2019-09-24 |
| Mr David Edward Holloway | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2019-08-31 |
Filing timeline
Last 20 of 138 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-29 | AA | accounts | Accounts with accounts type full | |
| 2025-09-10 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-09-08 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-09-08 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-06-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-27 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-06-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-12-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-09-25 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-08-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-07-24 | CH01 | officers | Change person director company with change date | |
| 2023-07-24 | CH01 | officers | Change person director company with change date | |
| 2023-07-04 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-07-03 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+20.6%
£12,278,629 £14,809,862
-
Cash
-60.3%
£2,325,151 £922,416
-
Net assets
+11.1%
£5,304,173 £5,892,395
highest in 6 filed years
-
Employees
+11.1%
18 20
highest in 6 filed years
-
Operating profit
-37.1%
£1,316,518 £828,645
-
Profit before tax
-37%
£1,308,861 £824,029
-
Wages
+45.6%
£754,235 £1,098,107
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