UL VS LIMITED

1. UL VS LIMITED 2013-04-15 → present
2. UL VERIFICATION SERVICES LTD 2013-03-28 → 2013-04-15
3. RFI GLOBAL SERVICES LTD 2004-06-17 → 2013-03-28
4. RADIO FREQUENCY INVESTIGATION LIMITED 1987-06-03 → 2004-06-17
5. FLUXION LIMITED 1987-03-31 → 1987-06-03

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

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company has working capital supported on funds provided by UL Solutions Inc. (together with its consolidated subsidiaries, the "Group"). The Group has provided the Company with an undertaking that for at least 12 months from the date of approval of these financial statements it will continue to make available such funds that are needed by the entity. This should enable the Company to continue its operational existence for the foreseeable future by meeting its liabilities as. they fall due for payment.”

Group structure

1. UL VS LIMITED · parent
   1. UL VS South Africa Pty Ltd 100% · South Africa
   2. HBI Compliance Limited 100% · United Kingdom

Significant events

• “During the year, the Company acquired the assets and liabilities of connected companies; Healthy Buildings International Limited and DB Management Systems Ltd.”
• “In 2025, the Company acquired the assets and liabilities of connected company; Cimteq Limited.”
• “On 15 December 2023, the Group approved the sale of its Payments Testing Business. Subsequently, on 19 December 2023 the Group entered into a Master Purchase and Sale Agreement. Part of this business was held within the Company and is reported as discontinued operation. The Group completed the sale in May 2024.”

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

1

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

  +21%

  £32,235,709 → £39,008,674

• Cash

  +181.1%

  £1,529,730 → £4,299,410

• Net assets

  -29.8%

  £6,737,525 → £4,729,116

• Employees

  +17.8%

  342 → 403

• Operating profit

  -102.3%

  -£8,245,212 → -£16,678,952

• Profit before tax

  -92.9%

  -£8,728,757 → -£16,836,020

• Wages

  +13.5%

  £22,923,576 → £26,007,562

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