EUROBASE SYSTEMS LIMITED

1. EUROBASE SYSTEMS LIMITED 1990-04-26 → present
2. EUROBASE SYSTEMS (UK) LIMITED 1988-07-15 → 1990-04-26
3. DUROCREST LIMITED 1988-05-04 → 1988-07-15

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

Standalone (parent only)

Auditor

Rickard Luckin 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.”

Significant events

• “Our increase in turnover is a result of our strategy and continued investment in our products and services. In our insurance business, our Synergy2 product, continues to improve with more functionality and during the year we secured new clients and continued to upgrade our existing client base. Our banking solution, Siena, like our insurance software has benefited from continued investment and with an integrated Asset Liability Management (ALM) solution existing clients have taken upgrades and we have new prospects on the horizon.”
• “Our recruitment division had a strong year during which we placed numerous candidates in the UK, Germany, Switzerland and Nordics and this has resulted in us signing with a large multi-national consultancy business in Germany on a subscription model.”
• “During the year we have invested in some key senior hires to strengthen the team into the future.”
• “With the new client wins, prospective opportunities and existing customer projects commenced during 2025 the insurance and banking businesses are looking very positive. Across both our banking and insurance businesses we have continued our roadmap investment, including Cloud Hosting and AI, which should place us in a strong position going forward.”

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

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +5.7%

  £13,188,178 → £13,946,476

  highest in 3 filed years

• Cash

  +5.1%

  £8,878,449 → £9,331,062

• Net assets

  -3.7%

  £7,775,842 → £7,487,641

  lowest in 5 filed years

• Employees

  -2.1%

  95 → 93

• Operating profit

  +132.7%

  -£522,676 → £170,983

  highest in 3 filed years

• Profit before tax

  +540.4%

  -£120,757 → £531,799

  highest in 5 filed years

• Wages

  +1.8%

  £5,316,344 → £5,410,906

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