FOSTER FINDLAY ASSOCIATES LIMITED

1. FOSTER FINDLAY ASSOCIATES LIMITED 1988-01-15 → present
2. TILTFIX LIMITED 1987-10-22 → 1988-01-15

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

Armstrong Watson Audit Limited

Audit opinion

Unqualified (clean)

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.”

Group structure

1. FOSTER FINDLAY ASSOCIATES LIMITED · parent
   1. GeoTeric Limited 100% · UK
   2. Foster Findlay Associates Incorporated 100% · USA
   3. Foster Findlay Associates (EBT) Limited 100% · UK
   4. Foster Findlay Associates Pty Ltd 100% · Australia
   5. Foster Findlay Associates Sdn Bhd 100% · Malaysia
   6. Foster Findlay Associates Software E Servico Em Geociencia Limitada 100% · Brazil

Significant events

• “On 16 February 2024, a share purchase agreement was completed, transferring ownership of 100% of the shares in the company to Geoteric Holding AS, a company registered in Norway.”
• “On 18 December 2024, a loan amounting to £7,066,555 from the parent company Geoteric Holding AS was converted into one share of £0.01 each in the company (refer to notes 16 and 18).”

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

Filings

2

last 12 months

Capital events

4

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

  +22%

  £5,370,137 → £6,552,579

• Cash

  -28.5%

  £849,426 → £607,238

• Net assets

  +1,645.9%

  -£409,612 → £6,332,363

• Employees

  +10.6%

  47 → 52

• Operating profit

  +57.4%

  -£926,436 → -£394,280

• Profit before tax

  +59%

  -£1,088,955 → -£446,960

• Wages

  +16.7%

  £3,295,836 → £3,846,969

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