FUTURE ELECTRONICS LIMITED
Get an alert when FUTURE ELECTRONICS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-25 (in 6mo)
Last made up 2025-11-11
Watchouts
None on the register
Cash
£19M
-65.5% vs 2023
Net assets
£536M
+1% vs 2023
Employees
364
+0.8% vs 2023
Profit before tax
£9M
-79.1% vs 2023
Name history
Renamed 1 time since incorporation
- FUTURE ELECTRONICS LIMITED 1987-07-07 → present
- ALNERY NO. 571 LIMITED 1987-01-09 → 1987-07-07
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £1,304,443,000 | £907,784,000 | |
| Operating profit | £41,712,000 | -£5,489,000 | |
| Profit before tax | £44,030,000 | £9,190,000 | |
| Net profit | £34,106,000 | £10,169,000 | |
| Cash | £53,866,000 | £18,591,000 | |
| Total assets less current liabilities | £534,458,000 | £538,804,000 | |
| Net assets | £531,027,000 | £536,247,000 | |
| Equity | £531,027,000 | £536,247,000 | |
| Average employees | 361 | 364 | |
| Wages | £20,764,000 | £19,418,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 3.2% | -0.6% | |
| Net margin | 2.6% | 1.1% | |
| Return on capital employed | 7.8% | -1.0% | |
| Current ratio | 2.81x | 4.05x | |
| Interest cover | 12.40x | -3.03x |
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
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making due enquiries, considering the access to funds, potential downside scenarios, and strength of the parent undertaking, Future Electronics Inc. who have provided a letter of support, the Directors have a reasonable expectation that the Company has adequate resources to continue in operation during the going concern assessment period to 31st October 2026.”
Group structure
- FUTURE ELECTRONICS LIMITED · parent
- Future Electronics Austria GmbH 100%
- Future Electronics NV 100%
- Future Electronics s.r.o 100%
- Future Electronics A/S 100%
- Future Electronics OU 100%
- Future Electronics Oy 100%
- Future Electronics S.A. 100%
- Future Electronics Deutschland GmbH 100%
- Future Electronics Kft. 100%
- Future Electronics (Ireland) Limited 100%
- Future Electronics Distribution (Israel) Limited 100%
- Future Electronics S.r.L 100%
- Future Electronics UAB 100%
- Future Electronics B.V. 100%
- Future Electronics AS. 100%
- Future Electronics Polska S.P.Z.o.o. 100%
- Future Electronics Portugal Unipessoal LDA 100%
- Future Electronics SRL 100%
- Future Electronics Rus LLC 100%
- Future Electronics d.o.o. 100%
- FE Trading PTY Limited 100%
- Future Electronics Distribution (Spain) S.L. 100%
- FAI Electronics AB 100%
- Future Electronics Schweiz GmbH 100%
- Future Electronics Turkey Ltd 100%
- Future Electronics Tunisia 100%
Significant events
- “On April 1st 2024, the Company was granted a revolving credit facility by Future Electronics Inc of up to $60m. At the same time, the Company granted a reciprocal revolving credit facility of up to $60m to Future Electronics Inc.”
- “On December 12th 2024, the Company entered into 2 loan agreements to loan $50m and €25m to WT Microelectronics Co., Ltd. These are 12 month agreements with interest charged at an arm's length rate, being SOFR + 0.6% per annum.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CARTON, Keith | Secretary | 2016-09-16 | — | — |
| OLIVER, Gary Bruce | Director | 2007-02-16 | Jun 1965 | British |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BIELESCH, Martin | Secretary | 2006-07-07 | 2008-01-01 |
| JONES, Catherine Amanda | Secretary | 2012-09-07 | 2016-09-09 |
| MOILANEN, Marjo | Secretary | 2008-01-01 | 2012-06-27 |
| WINGAD, Wendy Rose | Secretary | 2004-03-10 | 2006-07-20 |
| ABOGADO NOMINEES LIMITED | Corporate Nominee Secretary | 1990-02-21 | 2004-03-10 |
| BATES, Janine Maree | Director | 2005-11-18 | 2007-02-16 |
| BIELESCH, Martin | Director | 2005-10-31 | 2012-01-31 |
| BUEHLER, Ralf | Director | 2012-01-31 | 2015-07-29 |
| CASEY, Daniel Gerard | Director | 1996-12-20 | 2007-10-26 |
| KHEBERE, Karim | Director | 2015-09-01 | 2015-09-01 |
| MCGRORY, Thomas Greame | Director | 2000-12-01 | 2005-06-30 |
| MILLER, Daniel Rudolf | Director | 2005-05-17 | 2009-06-12 |
| MILLER, Robert | Director | — | 1996-12-20 |
| O KELLY, Emer Michael | Director | 1996-12-20 | 2001-04-06 |
| ROOP, Robert | Director | — | 1996-12-20 |
| ROURKE, John Albert James | Director | 2001-04-06 | 2005-12-30 |
| SEGAL, Earl Stephen | Director | — | 1996-12-20 |
| SHEPHERD, Ann | Director | 2008-03-25 | 2026-03-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Robert Miller | Individual | Significant influence | 2016-04-06 | Ceased 2016-04-06 |
| Future Electronics Management Services Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 212 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-11 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-03 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-04 | AA | accounts | Accounts with accounts type full | |
| 2024-11-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-10 | AA | accounts | Accounts with accounts type full | |
| 2024-03-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-03-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-03-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-03-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-03-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-03-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-03-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-03-25 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-03-25 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-03-25 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-01-04 | AA | accounts | Accounts with accounts type full | |
| 2023-11-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-07 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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
-30.4%
£1,304,443,000 £907,784,000
-
Cash
-65.5%
£53,866,000 £18,591,000
-
Net assets
+1%
£531,027,000 £536,247,000
-
Employees
+0.8%
361 364
-
Operating profit
-113.2%
£41,712,000 -£5,489,000
-
Profit before tax
-79.1%
£44,030,000 £9,190,000
-
Wages
-6.5%
£20,764,000 £19,418,000
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