FALTEC EUROPE LIMITED

1. FALTEC EUROPE LIMITED 2012-11-01 → present
2. HASHIMOTO LIMITED 1989-09-05 → 2012-11-01
3. NATVET LIMITED 1989-05-17 → 1989-09-05

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have considered the Company's current and future prospects and its availability of financing for the period up to 31 March 2027, and are satisfied that the Company can continue to pay its liabilities as they fall due from the date of approval of these financial statements. For this reason, the directors continue to adopt the going concern basis of preparation for these financial statements.”

Significant events

• “Between 31 December 2024 and the date of signing the accounts £4m of new intra-group loans were taken out, and £4m of intra-group loans were repaid, leaving the balance owing at the date of signing the accounts of £3.5m. £3m of external loans with Resona Bank were taken out in January 2025.”

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

Filings

6

last 12 months

Capital events

1

last 24 months

Officers appointed

1

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

  -19%

  £31,280,858 → £25,339,207

• Cash

  -37.9%

  £1,180,397 → £732,585

• Net assets

  -28%

  £7,209,392 → £5,193,491

• Employees

  -25.7%

  393 → 292

• Operating profit

  +38%

  -£5,920,041 → -£3,669,217

• Profit before tax

  +32.1%

  -£6,651,739 → -£4,516,900

• Wages

  -23.4%

  £13,409,706 → £10,265,875

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