RELAY ENGINEERING LIMITED

1. RELAY ENGINEERING LIMITED 2007-01-05 → present
2. RELAY (SOUTH WEST) LIMITED 1989-10-12 → 2007-01-05

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

“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 to 31 May 2026.”

Group structure

1. RELAY ENGINEERING LIMITED · parent
   1. Relay Zholdas LLP 0.9% · Kazakhstan · Electrical Engineering
   2. Smart Screening Technology W.L.L. 1% · Bahrain · Non Destructive Testing
   3. Relay Engineering Saudi Contracting LLC 1% · Saudi Arabia · Electrical Engineering
   4. Relay Marine Services LLC 0.8% · U.A.E. · Liquid Marine Architectural Outfitting
   5. Relay Marine Middle Services LLC 0.8% · U.A.E · Architectural Outfitting

Significant events

• “Relay Engineering Limited finalised the acquisition of Moss Mechanical On Site Services in March 2025 which will further improve opportunities for the company through cross-selling of respective services to a wider customer base.”
• “On 26 March 2025, Relay Engineering Limited completed the acquisition of 100% of the shareholding of Moss Mechanical On Site Services Limited for an estimated cash consideration of £6.2m, subject to the finalisation of completion accounts.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  -15.6%

  £28,651,899 → £24,185,562

• Cash

  +78.3%

  £725,340 → £1,293,368

• Net assets

  -39.8%

  £1,603,846 → £965,758

• Employees

  -36.5%

  458 → 291

• Operating profit

  -76.2%

  £1,775,965 → £423,419

• Profit before tax

  -109.4%

  £3,990,246 → -£373,599

• Wages

  -8.9%

  £9,517,790 → £8,674,424

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